17 10, 2017

A Depressing Way to Inspire You to Save More

By | 2017-10-17T08:57:39+00:00 October 17th, 2017|Personal Finance|0 Comments

When you take a step back and think about how much money you or your family has earned in total versus your net worth may be a very depressing way to inspire some lifestyle changes.  I have said it before, but I believe that actually calculating and tracking net worth changes over some set time is an important exercise for anyone running their family's finances. I am not entirely convinced there was a point to creating the spreadsheets below since most people understand that it is all about what you save.  Nonetheless I was curious as to what these numbers would add up to. [...]

10 10, 2017

October 2017 Watch List

By | 2017-10-09T23:59:37+00:00 October 10th, 2017|Dividend Investment Portfolio|0 Comments

With October underway it is time to search the dividend champion list to see if I can buy something this month! My Screening Metrics In an attempt to find undervalued, unloved companies I use certain metrics which are defined below.  First and foremost, the company must have increased their dividends for at least 20 years.  To gather this information I use the Dividend Champion list (as well as part of the Dividend Contenders list).  Both lists are updated monthly by David Fish.  In the past, I used the Dividend Aristocrat list, but one of the criteria for the Dividend Aristocrat is that it is [...]

3 10, 2017

Dividend Growth Portfolio September 2017 Update

By | 2017-10-03T13:13:36+00:00 October 3rd, 2017|Dividend Investment Portfolio|2 Comments

I am way too excited to write this post.  It has been 6 months or so since I wrote an update to my dividend growth account.  I took a self-imposed hiatus earlier this year to roll out of some positions wherein it seemed wrong to keep investing when the margin balance kept growing.  With last month being the first month I was back in the thick of it, updating and creating my screen for undervalued dividend growth stocks, I figured it was about time to restart tracking the income from this account as well as my monthly purchases. My Month Income From my Dividend [...]

2 10, 2017

11 Business Ideas that Could Make You a Millionaire

By | 2017-10-02T11:45:59+00:00 October 2nd, 2017|Business|0 Comments

If your dream is to become a billionaire, you need to first start small by becoming a millionaire. And one of the most effective ways to become a millionaire is by becoming a self-made one through business. If you are unsure which businesses to pursue to become rich, here are some business ideas that have proven to be sure winners. Financial Services According to a World Wealth Report, financial services is one sector with a high chance of creating millions. Financial services include services ranging from bookkeeping to accounting, and tax preparation, and each one of these services are always in high demand. [...]

2 10, 2017

October 2017 Net Worth Update

By | 2017-10-01T23:18:09+00:00 October 2nd, 2017|Personal Situation|3 Comments

With another month in the books, it is time to take stock of whether my net worth increased or decreased.  I can't express how important this exercise is for me, and as such, this post is usually my favorite to write each month.  I don't think I am alone considering how many sites, forums, apps, etc., exist to calculate and share this number. Prior to calculating the number, I like to take a moment to think about whether it went up or down.  It gives me a few minutes to actively think about whether I made good or bad decisions the previous 30 [...]