I figured I would share this post as a person’s struggles/weaknesses are just as important as their success/strengths. This post is going to be about one of my weaknesses in regards to investing and that is chasing yield. Now I have to fully disclose almost every investing book I have red thus far warns against
Continue Reading “Investing Lesson #1 Learned Chasing Yield!!!!”
March 2018 Dividend Income!!!!!! Above is a graph displaying my dividend income monthly thus far for 2018. The amount was $163.03 which is a %5.6 gain from February, this was all due to dripping. This involves taking the dividends received and reinvesting them back into the company that paid them out. In a brokerage account
Common sense investing is what I want to talk about, it is something I feel is overlooked a lot. And how we all can learn from our jobs/careers on what would be good investment choices. No matter the industry you are in each and everyone of us has this option and info available to us.
Continue Reading “Common Sense Investing Learned At Work…..”
Well as promised earlier in my time as a commodity post I said I would begin to share my own dividend income results. So without delay below you will see a graph displaying on a monthly basis my dividend income for each month. Visually my goal is to show the growth that can happen with dividend
Time… When your in your twenties you think you have plenty of it before thinking about retirement, wealth building etc. The newly found freedom from adolescence can make one go wild. Your thirties come and you think yeah I should start thinking about saving, building a nest egg etc. The forties hit you and its
Good evening it is the weekend, and as I was reflecting on this past week, one of the highlights was going outside of my usual safety net investing wise. After spending the past couple months looking at Marijuana stocks I was noticing a theme with a few of them, even though they have been volatile
Continue Reading “Marijuana Stocks..Do you like riding Rollercoasters?”
Well it has been awhile since my last post, my apologies. I don’t have any excuse aside from putting priorities elsewhere with the holiday season approaching. But on the good side I do have some material and thoughts for some posts going forward. Lately Bitcoin is all the craze you hear about it in the
DRIPS was the topic in my previous post http://getwealthyfarmer.com/drip-way-ocean/. And today I would like to carry on with it to further explain and hopefully make the process easier for anyone wanting to use this tool to help build up their wealth. In the post before I had also left some links with which to visit to
DRIP also known as dividend reinvestment plan will be our discussion this evening as I want to switch gears a little and talk about investing now. As I feel the ultimate path to building wealth is a combination of investing and good spending habits. You may have read in my home and about me pages
Wealth building is a lot like planting a crop, or raising livestock, in the case of crops you hope it rains just at the right time, you hope there is heat and sunshine at the right times, you do your best to give it a good base to start from, and the end result or
