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.
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!”
Mixed feelings here today – I’m on the road, sitting in a Starbuck’s in Alabama after travelling down here to sell my house. I’m listening to David Bowie’s Changes, as I did when I first decided to leave Alabama a year ago, so there’s a certain kind of symmetry. I spent 10 years living here and I already left once last year to move to Michigan and it feels like that all over again. It’s been great seeing some old friends again though.
I bought the house in 2004 for $143,000 and I’m selling it 10 years later for $135,000. So as an investment, it’s not been a great deal. Or was it?
Continue reading “Sold my house…”
Hello and welcome to my first post!
I started this blog as I’ve been inspired by several great blogs on dividend investing and financial freedom that I’ve been reading recently. I consider “financial freedom” to mean that I’m able to pay my living expenses from passive income without relying on a paycheck.
To be honest, despite enjoying reading the blogs, I thought that I wouldn’t want to make my financial situation so public. But then, I remembered something that happened to me way back in the dim and distant past .
I had recently started a new job and I was sitting in a small conference room with a group of other new hires staring at a blank sheet of paper. We all had to answer some questions about ourselves  and then present our answers to the group. I was struggling with the classic “Where do you see yourself in 5 years’ time?”
Now, my natural inclination was to answer with “Retired, rich, sitting on a hot beach in the Caribbean with a cold drink in my hand” but instead I wrote: “I want to be gaining experience by working in another country”  and I presented the answer to the group in my imitable “I. Hate. Public. Speaking. Please. Make. It. End.” style.
Was it pure coincidence that I moved to Germany the following year where I worked for 4 years before moving to the United States in 2000? Did presenting that answer have any impact in my move? Maybe, maybe not. But I do believe that writing down your goals and aspirations can act as a catalyst in making them reality. Hence this blog.
So what can you expect in this blog? I plan on writing about my goals, investments, personal finance and my journey to financial freedom. Hopefully I’ll have some fun and good company along the way.
I look forward to your companionship, encouragement and critiques on my journey.
The road of life twists and turns and no two directions are ever the same. Yet our lessons come from the journey, not the destination.
 OK so it was 1994 to be exact – not exactly ancient prehistory but it is getting further away in time day by day.
 The questions were the usual suspects such as
What are your strengths?
What are your weaknesses?
If you were a car, what kind of car would you be? (OK, so I made that last one up)
 I’m paraphrasing there – I can’t remember the exact words – but please bear with me. After all, it was nearly 20 years ago and I have enough trouble remembering what I did yesterday.