The most difficult thing to get your head around when getting started with investing is that growth is exponential, not linear. People can't see past the first couple of years which really do feel like they're linear as compounding hasn't had a chance to show how magical it can be if given the chance. Two of the most common replies I have received when talking to people … [Read more...] about Investing is Exponential, Not Linear
Being Wealthy
All Dividends Paid | ETF Portfolio
This is where I update all of the dividend payments made to me in the ETF Dividend Portfolio. It's much too new to create a chart yet but as the payments start to build up I'll create a chart and hopefully it will go UP and to the RIGHT! Always and forever! I'll start with the first and smallest payments to show how challenging it can be when starting out with stocks. Not … [Read more...] about All Dividends Paid | ETF Portfolio
ETF Dividend Portfolio Update 2024
Well it was nice to start the year on a high. Let's hope that 2024 finishes on an even higher note! There's still a lot of new contributions to be made and dividends to be reinvested before Santa comes around again though. If stocks behave and increase like they're supposed to then the ETF portfolio should reach $20,000 this year! If you're new around here, I started the ETF … [Read more...] about ETF Dividend Portfolio Update 2024
I Buy One Share of Visa (V) Every Month
For the last 5 or 6 months I have been buying one share of the credit card company Visa (V) every month. I don't think about whether the stock is undervalued or too expensive, I just buy it and forget about it until next month. It's a habit I want to keep going until I reach at least $20,000 worth of Visa. I mentioned my Visa story here in a recent post and someone said it … [Read more...] about I Buy One Share of Visa (V) Every Month
The First $100,000 is the Hardest
Billionaire investor Charlie Munger once said "The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do.. if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit." Unfortunately Mr. Munger won't be sharing anymore of his … [Read more...] about The First $100,000 is the Hardest
ETF Dividend Portfolio Investing Update
Well that's 2023 done and dusted, now lets bring on an amazing 2024. I hope you have achieved most of your investment goals over the past 12 months and I wish you luck with this shiny new year. May the money gods beat you with the lucky stick relentlessly until you achieve financial freedom, freedom from slavery, and you're free to evolve again. My ETF dividend portfolio … [Read more...] about ETF Dividend Portfolio Investing Update
Free People Are Better People
I'm sure they're out there but I have never met a free human being that planned for and worked hard to achieve their freedom who sits on the beach or plays computer games all day everyday. Some might do those things a whole lot more when they first free themselves from the slave system but that gets old pretty quickly. All of the free people I know of live much more meaningful … [Read more...] about Free People Are Better People
How I Value a Stock: Buy and Sell
I'm not saying this is how you should value a stock but am simply sharing how I value the stocks in my portfolio. In fact, this could be a very bad way to value stocks as I'm only interested in broad brushstrokes, trending numbers and I'm always making exceptions, but it works for me. I have also been asked about this stock or that stock, so I figured I would share what I do as … [Read more...] about How I Value a Stock: Buy and Sell