tag:blogger.com,1999:blog-6587699706949333863.post334653876274902252..comments2024-03-27T23:39:33.499-05:00Comments on Passive Income Pursuit: 2013 Goals - 3rd Quarter UpdatePassive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-6587699706949333863.post-86637928989301425132013-12-13T10:37:01.141-06:002013-12-13T10:37:01.141-06:00FI UK,
Great to have you as a reader. It's ...FI UK, <br /><br />Great to have you as a reader. It's definitely not a get rich quick scheme but it's a pretty sure fire way to end up with more money/income from your investments. <br /><br />I didn't expect to be able to make that kind of jump as quickly as I did. A lot of the page views are pretty natural. I haven't really done much as far as guest posting but it's almost all been from just regular posting. I think the biggest thing when you're starting out is to make sure that you're commenting on other blogs and guest post if you have the opportunity. I'd be more than welcome to have a guest post from you if you'd like. Commenting on other blogs is probably the best way to get your name out there and start leading towards more page views. Eventually you'll start acquiring regular readers that continue to come back and spread the word for you. <br /><br />Best of luck on your own journey. The combination of pre and post tax savings should set you up nicely. Since I don't plan on working until 59.5, the earliest that you can draw on your retirement accounts here in the US, I'm contributing just enough to get the match from my employer. I'm trying to run through the math to see if that's actually the best route, taxes sure do complicate things.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-27772384461974870852013-12-06T10:43:58.095-06:002013-12-06T10:43:58.095-06:00Great to see your goals and progress towards them....Great to see your goals and progress towards them. As I am already 54, I am aiming for retirement at 60, mainly to be achieved by dividend growth investing, and contributing money to both my portfolio & company pension up to the maximum matched by my employer (currently 14% combined).<br /><br />I have just started a blog, and note with interest that you have reached over 25k of page clicks per month, does this come relatively naturally by regular posting, or have you taken specific actions to grow the visitors to your site?<br /><br />Good look in your journey to independence from "the man"Financial Independence UKhttp://www.financialindependenceuk.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-31511375160869934092013-10-30T16:32:05.569-05:002013-10-30T16:32:05.569-05:00CI,
I try to be as forthcoming as possible to sh...CI, <br /><br />I try to be as forthcoming as possible to show that we can all struggle with certain things but you need to get that out in the open in order to face the issue. Cigarettes and booze go too well together. That's usually what will kickstart my smoking again. Head out and drink somewhere and oh I can have just one cigarette and then I'm smoking again. Best of luck on your own fight to quit and be careful in Afghanistan. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-50297592460425806462013-10-30T16:28:59.382-05:002013-10-30T16:28:59.382-05:00Integrator,
Unfortunately the savings rate will ...Integrator, <br /><br />Unfortunately the savings rate will be coming down from here as the expenses will be higher. But it'll still be great at around 70%. No complaints from me on that. SA should be interesting as you and it seems like you can at least make more income from that than with adsense alone. Plus it's just gaining income on something I'd be writing about anyways. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-17701538121789953832013-10-29T20:16:17.037-05:002013-10-29T20:16:17.037-05:00Thanks for giving us an update and being honest an...Thanks for giving us an update and being honest and open about it! I battle with nicotine addition myself, but have done well avoiding cigarettes. I use those little snus pouches and e.cigs when I get stressed out or just can't resist the urge. I hate the way cigarettes smell and they also wreck havoc on my running, but it's sure hard to quit cold turkey! <br /><br />I still have to have a real smoke when I'm drinking, but other than that no real cigarettes/dip anymore! The next step is quitting all together! If I wasn't heading to Afghanistan in a few months I think I could do it, but there's no point attempting it while deployed :(<br /><br />I still think tobacco companies are going to do well at least medium term. I was in New York state this month, and apparently people are willing to pay over $8 a pack! MO, LO, and RAI have a lot of wiggle room left with pricing for the rest of the country it seems. E.cigs are already huge too. You can smoke e.cigs inside meaning people tend to go through them faster without realizing it. No need to freeze outside in the snow either.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-70584224941034879782013-10-29T18:22:22.264-05:002013-10-29T18:22:22.264-05:00Great job once again on the savings rate... that&#...Great job once again on the savings rate... that's truly phenomenal!. Good luck on the SA writing. I've found it an interesting experience. Can be pretty rewarding as well.Integratorhttp://financiallyintegrated.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-81209672643445184962013-10-29T17:05:05.326-05:002013-10-29T17:05:05.326-05:00w2r,
I'll definitely let everyone know if/wh...w2r, <br /><br />I'll definitely let everyone know if/when anything gets posted. I think it's a great opportunity and I'm looking forward to pursuing it. Figuring out the details on how I want my posts to get set up is the biggest hurdle right now. <br /><br />Thanks for stopping by and have a great rest of the week!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-77160899153335548182013-10-29T17:03:20.133-05:002013-10-29T17:03:20.133-05:00FabSavings,
Yes, but in order to get to your MAG...FabSavings, <br /><br />Yes, but in order to get to your MAGI you have to know your capital gains, dividends and interest income as well. Plus my employment income is extremely variable. Some months I might only bring home $5k, others it's $10+k. That makes tax planning a real pain until I get to near the end of the year. Further complicating the calculations is that this is the first year that I sold shares purchased through the ESPP program through my employer which has some of the gains taxed as income and some as capital gains. Unfortunately I don't think there's a good chance that we'll be able to contribute to a Roth this year. Although we still have the option to contribute to a traditional IRA with the deduction ineligible and then convert it right away into a Roth. But that gets complicated by the fact that I have about $15k in a Rollover IRA from my previous job. So we won't even be able to convert the full amount to the Roth. Obviously our tax situation is murky at best. There's just so many moving parts. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-80175675622943837302013-10-29T16:56:27.995-05:002013-10-29T16:56:27.995-05:00Martin,
Thanks so much for the encouragement. I...Martin, <br /><br />Thanks so much for the encouragement. I know that I need to quit and have been trying for quite some time, but I guess it just goes to show the "stickiness" of the tobacco industry's products. At least I'm getting some of their dividends. I've given it a half-hearted attempt so far but am going to give it a full attempt the rest of the year. That's the biggest goal that I want to accomplish over the last quarter, well 2 months now.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-82251792294117433672013-10-29T15:50:15.451-05:002013-10-29T15:50:15.451-05:00"The Roth IRA goal is being put on hold until..."The Roth IRA goal is being put on hold until I can figure out whether we'll be allowed to contribute this year..." : to know if eligible is it basically : gross_income_husband + gross_income_wife - 401K_total_contrib < $178K ?FabSavingshttp://fabsavings.netnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-66595230943527237292013-10-29T13:33:39.795-05:002013-10-29T13:33:39.795-05:00Absolutely! Really a great opportunity for you to ...Absolutely! Really a great opportunity for you to broaden your brand and potentially build additional traffic. Be sure to keep us posted as you pursue that opportunity.writing2realityhttp://www.writeyourownreality.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-33331380556185666562013-10-29T12:57:31.501-05:002013-10-29T12:57:31.501-05:00I like your break down and many of your achievemen...I like your break down and many of your achievements. Good job on that. And one cheer up on quitting smoking. You can do it man! Look at it like you are destroying your health and you even pay money for it! C'mon! You can do it! Stop paying your hard earned cash for something what doesn't return you anything back.<br /><br />Well I have a few ideas for my next year goal. Thanks!Martinhttp://hellosuckers.netnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-51553937481760930982013-10-29T10:50:04.987-05:002013-10-29T10:50:04.987-05:00RBD,
I like to set my goals on a yearly basis un...RBD, <br /><br />I like to set my goals on a yearly basis unless things materially change, although it's usually just upward revisions. I think setting annual goals is a great way to try and keep yourself on track as you get quicker feedback on them. If your main goal is just to retire before you dad did, there's no real checkpoints along the way that you can measure your progress against. What amazes me about the reach out from SA is that you don't need any kind of qualifications or to be approved to write articles there so the fact that they took the time to ask if I'd join is pretty awesome. As I mentioned to w2r above, I'm trying to figure out how to better organize my stock analysis posts as I feel they're probably not as reader friendly for SA posting. Best of luck on getting your to do list narrowed down. It's always a pain when I go home after being gone for 1.5-2 weeks as the to do list is mighty long at that point. After a few days at the house I can't wait to get back to work so I can relax.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-69121157503333618112013-10-29T10:44:37.209-05:002013-10-29T10:44:37.209-05:00FabSavings,
Thanks. The savings rate is so high...FabSavings, <br /><br />Thanks. The savings rate is so high because I require very little in terms of expenses and my income is very solid as well. Unfortunately the savings rate will be dropping as the new house is leading to higher baseline expenses, but I'll do my best to maintain a high rate.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-9620294047219771812013-10-29T10:42:59.289-05:002013-10-29T10:42:59.289-05:00w2r,
I was quite shocked to see an email from an...w2r, <br /><br />I was quite shocked to see an email from an SA editor. That's pretty amazing. DGM has been making some decent income off of his articles there. I'm trying to figure out how to organize some of my posts to make them a bit more concise for the SA readers. Plus I love the exposure that you get as they have agreements in place to be shown on Yahoo! Finance and other mainstream financial websites. Hopefully that can lead to more traffic here as well.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-14598231829626135792013-10-29T10:40:04.604-05:002013-10-29T10:40:04.604-05:00Roadmap,
I've accomplished much more than I ...Roadmap, <br /><br />I've accomplished much more than I thought I would so far through the year. Upward revisions in goals are always nice. Hopefully we can all close out the year with a nice run.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-43051093473748457682013-10-28T20:34:37.531-05:002013-10-28T20:34:37.531-05:00PIP,
This is the first goal update of yours that ...PIP,<br /><br />This is the first goal update of yours that I have read. That is a lot of goals, and you are delivering. I generally don't set shorter term goals, but I am thinking about it this year having read so many blogs with solid goals. My investment portfolio could use some motivation. I have a massive to do list that drives my life mostly. Maybe next year that will change. Good luck with quitting smoking. And a Seeking Alpha gig would be sweet.<br /><br />-RBD<br />Retire Before Dadhttp://www.retirebeforedad.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-30002796792175786732013-10-28T19:02:22.084-05:002013-10-28T19:02:22.084-05:00Congrats on your achievements. Very impressive sav...Congrats on your achievements. Very impressive saving rates. Puzzles me about you manage to do that... Great job!FabSavingshttp://fabsavings.netnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-1196994614060854822013-10-28T09:04:13.450-05:002013-10-28T09:04:13.450-05:00Pretty awesome that folks at Seeking Alpha reached...Pretty awesome that folks at Seeking Alpha reached out to you. Should be pretty interesting to see if you can add that as an additional stream of income. I know Dividend Growth Machine (who publishes his earnings) has done quite well this year with his articles.writing2realityhttp://www.writeyourownreality.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-59408446434037558372013-10-28T08:05:07.758-05:002013-10-28T08:05:07.758-05:00Great breakdown of your goals and achievements. Co...Great breakdown of your goals and achievements. Congratulations on the achievements and good luck with the rest of your goals.Roadmap2Retirehttps://www.blogger.com/profile/14379818667071736766noreply@blogger.com