A portfolio’s income increases three ways. Obviously, one saves money, and buys more stock. Second, dividends are paid out and reinvested into the company. This increases the probability of receiving higher and higher payments in perpetuity. Finally, the icing on the cake is when a company increases its dividend. At the core of my personal … [Read more...]
Recent Buy: BNS, INFY, & DIS
This post is a bit of a catch-up discussion on what I’ve been buying the past few months. In March I purchased $1000 more of BNS, and $1000 worth of INFY. In April I allocated $2000 towards Disney (DIS) stock. In this post I will be focusing on Disney. I’ve already explained my rationale for purchasing BNS, and INFY is a very small position. … [Read more...]
Entrepreneurship vs Investing
My portfolio now consists of 30 stocks and is generating around $300/month in passive income. It’s not much but it’s enough to knock out one major bill here and there. Factoring in capital gains, the portfolio earns about $1000/month on average. The dividend strategy is working, but I’ve been looking into ways to accelerate the grind towards … [Read more...]
5 Ways to Save Money
It’s been a while since my last post. I’ve had some personal issues to deal with that have since been resolved. These past issues got me thinking about my next topic. For instance, I took a big hit in my taxes which resulted in no refund. Shortly after, I found out I needed to replace my furnace if I wanted to install a central air unit. A … [Read more...]
Kraft Heinz Implodes
In the era of changing consumer preferences, it’s important for companies to invest heavily in their brands. Cutting costs and becoming more efficient can only go so far. We saw this as Kraft Heinz lost over 27% of its value in one day. I’ve defended my purchase of companies like General Mills because of their strategy of building value for … [Read more...]
5 Reasons Why Most People are Broke
Investing can be one of the best ways to lift oneself out of poverty. With all the apps, brokerages, and services out there, almost everyone has access to financial markets. However, it is equally important to develop a wealth mindset and understand how being rich doesn't necessarily mean wealth. Rich people often end up broke while truly … [Read more...]