Building Wealth For Financial Independence and Retire Early
Achieving Financial Independence
Achieving financial freedom is a journey, and a crucial first step is building a solid income foundation. Having multiple income streams can significantly accelerate this process, allowing you to pursue your passions and hobbies without financial stress. However, it’s essential to prioritize quality over quantity. Instead of spreading yourself too thin with low-return activities, focus … Read more
Yes, Money Has Made Me Happier (And Here’s Why) Look, I get it. The whole “money can’t buy happiness” thing? It’s a popular sentiment. But honestly, I’ve found that having a certain amount of financial security has significantly improved my quality of life. Let me tell you why. The Weight of Financial Worry: Before I … Read more
. Different Gains That Can Be Generated From Real Estate Real estate investments can be a lucrative avenue for generating diverse streams of income. Let’s explore the different types of cash flow you can harness through property investment: 1. Consistent Monthly Cash Flow Rental properties often yield monthly positive cash flow. Thanks to low interest … Read more
Portfolio Overview: June 2024 The month of June marks a significant turning point for my dividend portfolio, with several strategic transactions and continued growth in passive income. My total portfolio value now includes substantial cash reserves following the complete liquidation of MOT and MXT positions, providing ample capital for redeployment into dividend-generating assets in the … Read more
Yep, i sold all my Metrics Income Opportunities Trust (MOT) and Metrics Master Income Trust (MXT) as the dividends just kept dropping.After careful consideration and growing concern, I have made the decision to liquidate my entire position in both the Metrics Income Opportunities Trust (MOT) and the Metrics Master Income Trust (MXT). This decision was … Read more
Shifting Focus to High-Yield Private Credit and Strategic Divestments – May 2024 Update (Corrected Figures) In my ongoing pursuit of maximizing dividend income and streamlining my financial portfolio, I’ve implemented significant changes this month, pivoting towards a more concentrated strategy focused on private credit investments. This shift is driven by the attractive monthly dividend yields … Read more
II am making some changes in my dividend portfolio and starting to refocus it on private credit stocks that pay monthly. A new stock added this month KKR Credit Income Fund (KKC). A listed private credit company dealing internationally. I will still keep PL8, but not adding any more. I did add some more Cromwell … Read more
Add some more Metrics Income Opportunities (MOT) during February and nothing else.Dividends are still high and I’m happy with the outcome so far. Dividends received for Feb 2024 MOT $420.52 PL8 $425.8 Tot $846 Total dividends for 2024 so far is $1527
Companies in my share portfolio that pay dividends in august are Metrics Income, Plato, Qualitas Real Estate. *Rio Tinto was added to the portfolio ex dividend. Amounts are gross dividends. And no dividend reinvestment programs have been activated.All reinvestment of dividends will be done manually. Metrics Income $27.90 Plato $6.32 Qualitas Real Estate $7.87 Total … Read more
I decided to work out a dividend calendar for 2023 so that I have a rough idea of when I will be receiving dividends and how much.Some companies only pay twice a year, other quarterly and 3 in my portfolio pay monthly dividends. Dividend payment months may change from time to time, but it still … Read more