I’ve decided to sell my entire position in Delta Airlines. My sale of 11.47 shares won’t be shaking the market however!
Continue reading “Stock sell – Delta Airlines (DAL)”
An ounce of prevention is worth a pound of cure
I like including a quotation at the end of my posts, but today I included one in the title too as a added bonus. You can earn extra credit if you know who said it! I recently wrote about having an emergency fund and while writing it, my brain cell started to think, “is there anything I can do to prevent myself from having to use my emergency fund in the first place?”. It turns out there is, it’s called managing risk and it’s done all the time in project management.
Continue reading “How to deal with uncertainty and reach financial independence!”
An emergency fund is money that’s put aside in case of an emergency. That was easy wasn’t it? But how big should it be and where should you even keep it? Your answer is likely to be different than mine. But I realized yesterday that I don’t really know why I’m keeping 1 year’s living expenses in my emergency fund. It’s time to re-evaluate.
Continue reading “Mastering disaster with an emergency fund – but how much is enough?”
I’ll be taking another step towards Independence on Tuesday as I look to add to my portfolio with Consumer Defensive dividend stocks. This sector has the lowest weight in my dividend stock Portfolio and the sector contains some great dividend paying companies so I’m onboard to go shopping.
Continue reading “July Purchase – Consumer Defensive dividend stocks”
It’s the Fourth of July today which means it’s Independence Day here in the US! That’s as good a reason to talk about Financial Independence as any I can think of!
As a Brit living in the US, I usually joke to my friends that I don’t celebrate this holiday since it represents the legal separation of the original Thirteen Colonies from Great Britain back in 1776. But of course I do celebrate it, and I enjoy living here in the States. Although I am looking forward to visiting my family in the UK later this year!
Continue reading “Financial Independence Day!”
Since we’re halfway through the year, I thought it would be worth reviewing my dividend stock portfolio performance. I also compare my portfolio’s performance to some mutual funds to see how I fare; although the primary aim of my portfolio is dividend income.
Continue reading “Dividend stock portfolio performance review”
You may be aware of Tax Freedom Day which is the day of the year when the average American has worked enough to pay Government tax obligations and can start working for themselves. In Michigan this year, it was on April 17th.
I’d like to introduce Work Freedom Day as the day of the year where you’ve accumulated enough Dividend Income during the year to no longer need to work. For early retirers, that day would be January 1st but for many of us still on the FI Journey it’ll be somewhat later in the year.
Continue reading “Introducing Work Freedom Day!”
It’s time for another Sharebuilder purchase and this week I’m looking at dividend stocks in the Basic Materials sector. While this sector has the lowest weight in my dividend stock Portfolio, it also contains many over-valued stocks. Is there any gold to be found or have all the mines been exhausted?
Continue reading “Digging for dividends in the Basic Materials sector”
I can’t believe it’s the end of June and that we’re halfway through the year already! I’m already excited to report that this month has been my highest month for dividend income since I started this journey two and a half years ago. I even beat the income from last December, usually my strongest month due to additional capital gains from some of the funds I hold.
Continue reading “June 2014 – a record month for dividend income!”
Is it better to pay down your mortgage or invest more? I tend to go back and forth about this – I don’t like having a mortgage but I do like having an increasing dividend stream. And in a crisis, my investment portfolio can be sold but the equity from paying down my mortgage is harder to get at. My current plan is to invest all spare money after monthly living expenses and savings into dividend stocks in my taxable account rather than make a concerted effort to pre-pay the mortgage. But does this make sense? Let’s take a look.
Continue reading “Pay down mortgage or invest more – which is better?”