This is my second dividend income report and I must admit, I have started to enjoy doing it! I never realized the fun of calculating your monthly passive pay check. In fact, I was too busy focusing on growth to care about how much I made last month. Still, receiving almost $200 this month in dividend definitely made me smile! Portfolio holdings I started this pension portfolio in September with the sum of $108,760.02. As of December 1st, my portfolio shows a total value of $118,392.67 …
I’m 36 and I’ll become a millionaire by 65 – Here are my plans
Have you ever wanted to be rich? From how long I can remember, making money has always been part of my life goals. Don’t get me wrong, money is not that important in my life. I would actually trade all the money in the world to stay happy and healthy with my wife and three kids. But since everybody in my family is doing great (knock on woods!), I can concentrate on other things… like becoming millionaire. And you read it right; I have more than one plan to become millionaire by the age of 65. In …
Continue Reading about I’m 36 and I’ll become a millionaire by 65 – Here are my plans
Should You Pay for Investment Services?
Nope, this is not some kind of fake post to push my service down your throat. It is a real article discussing why you should or should not pay for investment services. You already know that I have a membership service and that I might be biased about this topic. But I don’t think I am. I’ve worked in the financial industry for 13 years and advised clients as a financial planner for 8 years. During all those years, I’ve had an ongoing discussion with my best friend about investment fees. His …
Continue Reading about Should You Pay for Investment Services?
October Dividend Income Report
Am I really doing this? After explaining why I dislike dividend income reports, I’m jumping on the train… But I decided to do it for one specific reason: I want to track my performance from scratch. In September, I started investing 100K in the stock market. This is the result of the commuted value of my pension plan. To be honest, I still don’t care about my monthly or quarterly dividend income. For me, tracking the money I receive in my brokerage account still has no value. However, I thought …
Has your advisor called you recently?
The market is going up, you are making money; everybody smiles. I’ve worked in the financial industry for over a decade and this situation has struck me: when my clients were making money, they didn’t want me to call them. I’ve received one call from a client once telling me it wasn’t normal to make that much money in a short period of time. He invested 250K in November 2008 and was calling me during the summer of 2009… you can imagine what his 250K looked like back then… caching! During bull …
Continue Reading about Has your advisor called you recently?
How Many Stocks Should I Hold for a 100K Portfolio?
Not too long ago, I’ve shared with you my pension holdings. I’ve received $108K as the commuted value of my pension plan in September and I’m currently in the process of investing the whole amount in equities. So far, I have 14 positions for 76K invested for an average of $5.4K in each holding. At this pace, I will buy 6 different stocks and complete my portfolio with a total of 20 holdings. This was the plan how along: I think investing in 20-22 stocks for a 100K portfolio is the best strategy. …
Continue Reading about How Many Stocks Should I Hold for a 100K Portfolio?
