Yearly Archives: 2011

How to Retire Wealthy

This is a Guest Post by Fellow Yakezie Member, Derrick from Life and My Finances. Personally, I love the name of this website, “My Journey to Millions”. Perhaps some of you think it’s egotistical to proclaim that you’ll be a millionaire, but I’d have to say that you’re dead wrong. We should all be on

Would You Buy a United States Government Annuity?

Would You Buy a United States Government Annuity?

As the baby boomers get older and older it is almost impossible to pick up a financial publication that doesn’t discuss turning one’s nest egg into a stream of income.  It has been a while since I explained both an immediate annuity and deferred annuities, but basically they are financial products that turn a sum

Dropping Some Love with LoveDrop

Love Drop is a micro-giving network of people who unite as a community to help one person or family a month. By subscribing to the team for as low as $1, they make it easy for their members to change lives in a fun and tangible way. Each month Love Drop delivers a unique combination

The Misunderstanding Most Investors Make

The Misunderstanding Most Investors Make

I’ll be honest that I am not fully convinced as to what investment style works, and I am alright with that since my response is to have a little bit of everything. I have an actively managed dividend portfolio, a 401(k) made up mostly of actively managed mutual funds, a whole life insurance policy, and

Updating My Perpetual Income Dividend Machine

Updating My Perpetual Income Dividend Machine

I started my perpetual income machine dividend portfolio at the beginning of last year and it has quickly become one of my favorite pieces of my financial world.  It isn’t large (yet) but it will be!  The goal is simple to find undervalued stocks only within the Dividend Aristocrat Index.  Last year I only updated

May Net Worth Update Fan of American Express Edition

Between a combination of my side business income and market forces this was a pretty good month for my household.  On January 18, 2011 I decided to start a new way to track my net worth.  I created a private spreadsheet and zeroed out my net worth. By starting at Zero, I can share my