I recently explained that I want to set up a dividend paying portfolio. In that post I went over how I planned on starting to create this perpetual passive income account. So this is basically my thought process on how to narrow down 4 or 5 stocks to create the dividend portfolio, which I am… Continue Reading
Category Archives: Investments
My Introduction to Dividend Investing and Multiple Streams of Income
Throughout the life of this blog I have talked about my desire to create multiple streams of income. While I have been trying to do more side legal work in addition to my day job and I have my prosper account up and running, I have yet to create a dividend based portfolio which is… Continue Reading
A Review of My Actual Prosper Account
I have mentioned in the past that I really like P2P Lending, or Person to Person Lending. I had previously talked about Prosper, when they brought back lending to New York, and most recently as an alternative source for liquid cash, but I have never given details about my account. Until Today. I always thought… Continue Reading
How do the Morningstar Star Ratings Work? Are Morningstar Ratings Accurate?
I have discussed how I use the Free Morningstar Instant X-Ray tool, but Morningstar is more known for its mutual fund rating system. Who hasn’t heard the terms, “5 Star Fund, 4 Star Fund, etc.” but what does that actually mean? How does Morningstar calculate the Star Rating System? Russel Kinnel, Morningstar’s Director of Mutual… Continue Reading
WSJ Teaches YOU how to Become A Billionaire; Hint: Ignore All “Normal” Advice
Gregory Zuckerman wrote an Article in the WSJ titled, “Greatest Trade: How Can you Make $20 Billion” which provides 8 easy steps to become a Billionaire. Where did these steps come? Mr. Zuckerman follows two years of John Paulson’s work. The article is entertaining, but I’d love to read an autobiography if ever produces it… Continue Reading
My Journey to Millions Reallocates his 401(k) After Analyzing his Portfolio
Last week I reviewed Morningstar’s Free X-Ray Tool using my own 401(k). I believe that most people should leave their retirement accounts alone, both in terms of invading it and asset allocation within the account. I personally take a very balanced, hands off approach to my 401(k), choosing to look at my 401(k), as I… Continue Reading
