Building Wealth For Financial Independence and Retire Early
Achieving Financial Independence
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
Welcome to the June 22 update of Building A $500 A Month 100k Stock Portfolio continues as the markets become volatile and are faling world wide.5 purchases for the month of June, 4 new stocks and one increase in holding. New stocks added:CSR Ltd manufacture and supply of building products.BSP Financial Group commercial banking and … Read more
Forex June was a quiet month by design. Lots of of big news causing unpredictable forex market volatility so I decided to trade very small or stay out of the market all together. Forex gains for June 2022 was $2474. Total gains for the rolling 12mth period is $56756. Options Once again no options trading.Since … Read more
Setting investment goals is one of the fun things I get to do as an investor.2022 comes with lots of uncertainty and many popular finance speakers predicting a possible fall or crash in both real estate and stocks.I won’t let any of this affect my planning both for income and building wealth and assets. Will … Read more
Step one for the journey to financial retirement is having an income.Yep sounds basic, and still it needs to be said and repeated. You start with an income.Does not matter how it’s made, all that matters is that’s there’s money coming end at a somewhat regular pace to cover the general living expenses and a … Read more
As I look around on forums and blogs I see many theories and arguments about weather paying your home off is better or worse in the long term.I can say without a doubt that for me having my home or principle place of residence fully paid was on of the biggest factors in my financial … Read more
Yes I know what you’re thinking. Most people think “No that’s not true!”, “You don’t need money to be happy”.And yet the vast majority of people are constantly worried about money issues.Financial issues is the biggest reason for divorce and couples splitting up. It’s also the biggest source or arguments between couples and family. So … Read more
I started my FIRE journey a lot younger than others.As a teenager just getting into the official work force I was already thinking ahead of retiring by forty years old.Why forty? Well that seemed to be the age that I kept hearing from others being mentioned often as a grand goal and an achievement of … Read more
During my journey to retirement, looking around and talking to people I’ve often come across people who say things like “it’s not about the money” or “I don’t talk figures” and “I only talk percentages” and “It’s about achieving your goal”. Yes they are all correct, but at it’s core basis FIRE is about the … Read more