Join 18k+ passive income investors in the pursuit of early retirement. Every week, I'm sending comprehensive updates to my dividend stock portfolio and will share the latest need-to-know news, stock reviews, and curated content.
⏳ The Longevity Dividend
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, highlights the fascinating relationship between lifelong learning, life expectancy, and the dividends (both literal and figurative) one can reap from a longer, healthier life.
In a world where the global population is witnessing a surge in individuals aged 75–100 years old, understanding The Longevity Dividend is a game-changer for any investor looking to maximize the benefits of compounding in their portfolio.
At its core, the idea is simple: the longer you live, the longer you can see your investments grow and compound. As you already know, time truly is money in the realm of dividend investing, so longevity is a precious asset, and lifelong learning is a key contributor to longevity.
The study shows that continuous intellectual stimulation and personal development not only contribute to healthy aging but also extend the active years in longer lives.
The result is a prolonged period where you can actively participate in society, make productive contributions, and, incidentally, witness the compounding magic unfold in your portfolio.
In previous newsletters, I’ve referred to your portfolio as being like a garden. The longer you nurture and care for it, the more bountiful the harvest, and you can’t rush nature.
Dividend investing, after all, is a marathon...not a sprint. And in this marathon, the tortoise ultimately ends up outpacing the hare.
Lifelong learning is the tortoise's steady, persistent stride. It not only enhances your ability to make investment decisions but also contributes to a healthier, more fulfilling life.
Connecting the dots: A healthier, more fulfilling life not only leads to greater personal satisfaction but also contributes to the prosperity of society as a whole.
Society benefits significantly when individuals who are full of knowledge and experience remain active contributors for as long as they can. Warren Buffett and Charlie Munger are evidence of that, and are prime examples of life-long learners.
So, what does this mean for dividend investors like you and me?
First, remember that dividend investing is a journey, not a destination. It is an infinite game that you will play for the rest of your life, and the longer you stay on the path, the more scenic and prosperous it becomes.
Second, invest not only in stocks, but also in yourself. Stay mentally and physically active, and embrace your development in both departments as a fun and fulfilling way to enjoy the power of compounding for an extended period.
With that said, I want to hear from you: What are your favorite ways to stay mentally and physically active? Reply to this email, or write to me here and let me know.
And a big thank you to the 20 readers who responded to last week's newsletter! You can read some of the responses at the bottom of this email in the "Hot Takes" section. 👇
Keep climbing,
The #1 Social Media App For Investors
Blossom is a unique social platform created by investors, for investors. Unlike the usual social media platforms, Blossom is dedicated exclusively to discussions on finance and investing.
I've been actively posting on Blossom for a few months now, and I'm genuinely impressed by the positive and supportive community of investors on the platform. With over 80,000 DIY investors participating, Blossom is buzzing with different investment ideas and portfolios, which you can automatically link within the app.
Picture Twitter, but with an added portfolio tracking feature – that's Blossom for you. Personally, I find it much more enjoyable than my experience on Twitter, and I think you will too.
Download Blossom today, and follow me (@ryne) to see my complete portfolio and stay updated on all my real-time investment moves.
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PURCHASES
DIVIDENDS
Weekly Total: $91.73
Monthly Total: $91.73
Annual Total: $91.73
Follow my portfolio on Blossom or getquin, and see all of my purchases, dividends, and other updates in real-time.
I Just Bought The PERFECT Dividend Stock (At All-Time Highs) 🚨
If you've been reading the newsletter over the last few weeks, then you'll already know about the new position I added to my portfolio. If not, you're in for a surprise.
In this video, I'm revealing the latest addition to my dividend stock portfolio, and will discuss, at length, why I decided to add this company when the share price is sitting at all-time highs.
| Watch the video |
📺 Investing Like Charlie Munger - Charlie Munger had a tremendous impact on Warren Buffett's investment philosophy, influencing him to incorporate principles of business quality and durable competitive advantages, which significantly contributed to the success of Berkshire Hathaway. This video delves deeper into Munger's approach, and highlights the incredible difference it can make on portfolio performance over a long period of time.
🎧 The Power of Simplicity - In this episode of the R.W.H. podcast, William Green chats with Anthony Kingsley, who oversees more than $10 billion as the portfolio manager of the Findlay Park American Fund, which has crushed its benchmark index by 1,200 percentage points over 25 years.
📚 Investing In The Good Life - "The Good Life" includes having strong relationships, continuous learning, doing meaningful work, being generous, and staying active and healthy, amongst other things. This article explains how investing can either get in the way of that or support you in your pursuit of "The Good Life." Honestly, this is one of the best Seeking Alpha articles I've read in a while, and it's worth taking a few minutes to check out.
Trying to predict the stock market is tough, and while we all want to score big deals during a recession, we can't be sure if those opportunities will actually show up.
So, here's my take: instead of going all in with your contributions, consider slowing down a bit, and start saving some cash on the side. This way, you're still investing regularly, but you're also building up some extra money just in case, so you're getting the best of both worlds.
If the market does eventually head south, having that extra cash will come in handy and you'll be ready to swoop up some good deals without feeling like you missed out on your usual investing routine.
Have a question? Reply to this email or ask me here to see it featured in an upcoming newsletter.
Last week, I asked readers which books were on their reading list for 2024. Here are some of the responses:
Troy said: Currently, I have “The Only Investment Guide You'll Ever Need” by Andrew Tobias and “Poor Charlie’s Almanac” on deck. I’m also finishing up a book called "Investing in Duplexes, Triplexes & Quads". My goal for 2024 is to invest in real estate. I hope to buy a triplex this year, but this would be a huge leap for me.
Nigel said: I’ve got a few investing books on my list for this year: “The Intelligent Investor” by Benjamin Graham (which was noted by most of the investors interviewed in “Richer, Happier, Wiser” has long been on my list and so this is the year I finally dive in). “The Ultimate Dividend Playbook” by Josh Peters and Morningstar (I used to watch his dividend analysis videos years ago and found his passion for dividend investing infectious). “Invested” by Danielle Town and “The Intelligent REIT Investor Guide” by Brad Thomas.
Patrick said: Favorite investing book — “A Random Walk Down Wall Street.” Sleeper book — “Made in America” by Sam Walton (sorta like your favorite of Howard Schultz's, it describes Sam's building Walmart to what it was by the end of the 1990s).
Dan said: I have just begun on building my knowledge through reading and the book I have started with is "Rich Dad, Poor Dad" and my gosh has this book changed the way I think about and look at money. I am truly amazed that this book has this big of an impact on me, but I am blessed by it, and I look forward to my next read!
That's all for this week's newsletter!
If you're still crazy for cash-flow, here's what else I've got for you:
- Read all previous editions of the newsletter.
- Follow my portfolio on Blossom.
- Track your portfolio for free with getquin.
- Binge all of my content on YouTube and Instagram.
- Join the DRIP N' Sip Discord group and connect with over 2,700 other investors.
- Help me improve the newsletter by filling out this quick form.
- See my full list of recommend stock research, portfolio tracking, and other investing resources.
Retire With Ryne
Join 18k+ passive income investors in the pursuit of early retirement. Every week, I'm sending comprehensive updates to my dividend stock portfolio and will share the latest need-to-know news, stock reviews, and curated content.
Listen to the audio version here. In the few short years that I’ve been investing, none of my holdings have moved with the ferocity that Williams-Sonoma (WSM) has. As I write this today, Williams-Sonoma’s share price is in the midst of a 17% surge following the release of their latest quarterly earnings report, where they surpassed expectations on both the top and bottom line. This surge marks just one chapter in what has been an impressive year for the stock, with its price soaring over 145%...
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**...
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...