In 2021, people around the world were living, on average, just over 70 years. That’s pretty amazing when you consider that only 200 years ago, people were only making it to about half that age. This remarkable increase is thanks to various improvements in science, healthcare, and global living conditions, among many other things. Another significant factor contributing to longer lifespans is something called "The Longevity Dividend.” The Longevity Dividend, as explored in this recent study,...
almost 2 years ago • 6 min read
Charlie Munger was a voracious reader, and used to say that investing is a subset of "worldly wisdom." He made it his life's mission to gather this "worldly wisdom" from everywhere—psychology, history, finance, math, physics, philosophy, biology, you name it. He thought that if you mix all of these different ideas together, you'll get something more valuable than each part alone. Charlie also said that, "If it’s wisdom you are after, you are going to spend a lot of time sitting on your a**...
almost 2 years ago • 6 min read
Overall, 2023 was a great year for investors. While I didn't outperform the market, my portfolio still put on a decent show, with my main account gaining 10.59% and my Roth IRA seeing a solid 15% increase — not too shabby. Along with that, the portfolio hit a record high in crossing the $60,000 mark, and for the first time, my dividends brought in over $2,000 for the year. Source: My Portfolio Tracking Spreadsheet | Annual Dividend Info As we close out 2023, and gear up for what's sure to be...
almost 2 years ago • 6 min read
Investing is like a fine wine – it just keeps getting better with time. You've probably heard me say this more than once, and I'll undoubtedly say it again. As a younger investor with many great years of compounding ahead, I can't help but look forward to the future. My portfolio might not be breaking any records now, but fast forward a decade or three, and it’s bound to grow into something pretty life-changing. After all, time is a dividend investor’s greatest ally. But here's the deal: I...
almost 2 years ago • 6 min read
They say your portfolio is like a bar of soap – the more you handle it, the smaller it gets. I'm a firm believer in that analogy, and try my best not to tinker with things too much. Yet, every now and then, change becomes inevitable. Until recently, my focal point had been my taxable brokerage account, with the lion's share of my contributions going there rather than my Roth IRA, creating quite an imbalance between the two accounts. Source: My Portfolio Tracking Spreadsheet | Diversification...
almost 2 years ago • 5 min read
One of the hardest parts about dividend investing is knowing what to look for when analyzing a company, especially if you’ve never done it before. It can be intimidating! At least, that’s how I felt as a brand new investor a few years ago — and only recently do I feel like I’ve begun to find my groove. It’s true that your investment journey will be a constant learning experience, and it will be a ceaseless series of trial and error. That’s just the name of the game. But like any other game,...
about 2 years ago • 5 min read
There is no perfect formula for building wealth. There are pros and cons to everything, and dividend investing is no exception to that. Still, I choose to take this path to financial freedom despite any of the potential pitfalls that come with it. In my eyes, the pros far outweigh the cons, and I truly think that this is the most simple way to create passive income. I also believe that anybody can do this — I’m certainly proof of that. With that in mind, while dividend investing may be...
about 2 years ago • 5 min read
First and foremost, Happy Thanksgiving! As we celebrate the holiday, I want to express my gratitude for this incredible journey we embark on together as investors. This year has been rewarding in more ways than one, and I'm excited to share some of the reasons why I'm feeling thankful this year. The first among these is the mind-blowing market performance we’ve experienced, especially this past month. In this period, my portfolio has jumped nearly 6% to new all-time highs, and I’m sure you’re...
about 2 years ago • 5 min read
My brokerage account on Charles Schwab currently consists of 22 different holdings, but I’ve had a craving to do some consolidating for a while now. However, for a die-hard dividend enthusiast like myself, parting ways with a stock is never easy. We dividend investors typically buy with the intent to hold forever – or at least until the dividends stop flowing. With that said, it’s easy to get attached to the stocks you hold, but it’s also important to know when to fold ‘em and I’ve identified...
about 2 years ago • 5 min read