As I noted in My Plan for Total Financial Freedom, I'd like to have dividend investing as part of my retirement plan. But I don't know much about it. Today I'll share what I've learned so far on my journey into dividend investing. The Concept From what I understand, proponents of dividend investing tout it as working as follows: Buy stocks of good quality companies … [Read more...]
My Plan for Total Financial Freedom (AKA My Retirement Plan)
In The Goal: Financial Freedom I noted that my personal financial goal is to invest my assets so they generate enough income to more than pay my living expenses. This way I will never have to spend a penny of the assets themselves -- just live on the income they produce. At that point I'll have total financial freedom, be able to retire, or do whatever I want to do. I'm … [Read more...]
The Goal: Financial Freedom
We've been through the basics of this site -- what it's about as well as the details behind earn, save, and invest. We've also covered the key topics of net worth and cash flow. We've also noted that if you put all these together in the right way, you will become wealthy. But what we haven't covered is the underlying question: why do we want to become wealthy? One … [Read more...]
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