This M1 Finance review was last updated on 10/16/2019. We recently witnessed significant disruption in the online brokerage industry — a waterfall of competitive positioning and change. It all started with Interactive Brokers, one of the smaller players in the space. They created a commission-free trading platform, virtually eliminating trading fees. Soon after, Charles Schwab […]
Read on to learn more why M1 Finance is my favorite online broker for getting started with dividend investing. I started learning how to invest in dividend stocks in 1995 when my uncle gifted me one share of Chevron stock for my 20th birthday. Since then, I’ve built a portfolio of 50+ stocks in my […]
I’ve tracked how much forward passive income I earn from investments since I started investing in dividend stocks. I prefer this metric over performance against the market indexes because I’m not trying to beat the market with these funds. Dividend income is reliable and predictable. Based on the holdings in a dividend stock portfolio, you […]
I recently completed a six-figure transfer of retirement assets from Vanguard to Fidelity. The transfer is part of an account consolidation effort I put in motion last year to simplify our finances. The need to consolidate accounts became apparent when we started working on our family estate plan. We’re coming close to finally completing our […]
Never depend on single income. Make investment to create a second source. – Warren Buffett Buffett quotes are usually more eloquent. My grammar checker hated this one. But it’s one of my favorites because he sounds like a caveman. And it’s one way I like to think about investing, as a secondary source of income. […]
Hey everybody. This week we’re fortunate to have a guest post talking about retirement income securities that yield above 5%. This article is from Bob Ciura, a writer at Sure Dividend. Today’s article recommends three retirement income securities of three different flavors. The first two you’ve probably never heard of. The third, you most definitely have (but […]
The department head at my job invited me into his office for a 30-minute chat when I first started. We spent the time getting to know each other and talking about our past experiences and current roles at the company. Then he asked if was contributing the 403(b). I live and breath this stuff so I saw it […]
Even if New Year’s resolutions aren’t fresh on your mind, there’s no better time than now to determine what smart money habits to initiate this year. To help inspire you, I’ve created a list of best investments for 2019. These ideas are for long-term investors and those looking to earn more this year. This article […]
This Bumped app review 2019 was updated 07/12/2019. I’ve now earned $48.01 worth of stock from 10 different companies since 10/18/2018. The majority (about 70%) is in Target and AT&T. I’m excited to share my experience with a brand new investing app on the scene. It’s called Bumped, a Portland Oregon-based startup. This app is […]
When I lost my job last year, my former employer didn’t have the means to pay me a severance. Not even close. Our family had emergency savings, but it was our multiple income streams that kept us afloat. Five years earlier, a job loss would have been much worse. But since I saved and invested […]
In the almost five years of sharing my investments on this blog, I’ve never shown exactly how I track dividend income. This article lays out the steps (with screenshots) I take each month to import dividend data into my tracking spreadsheet, estimate forward dividend income, and easily capture dividend increases. My forward 12-month investment income […]
Most of us aren’t looking for extravagant wealth. We simply want sustainable and long-lasting wealth that provides financial security for our families and enough money to fund the lifestyle we desire. That kind of wealth is more attainable than most people think. But there are no shortcuts. By consistently following a tried and true strategy over […]
A New York-based company called Construction Robotics has designed and built a bricklaying robot called SAM (Semi-Automated Mason) that can place up to 3,000 bricks during an 8-hour day. That’s about three times the number of bricks that the fastest human bricklayers can set. The machine requires at least two humans to load materials and finish […]
In 2002, a nineteen-year-old garbage man in the U.K. named Michael Carroll won a lottery jackpot worth $14 million dollars. Instead of making smart money moves with his winnings, he spent his fortune on jewelry and a mansion where he threw lavish parties with drugs and prostitutes. A decade later, he was broke and working […]
