I am on a mission here. It’s weird, we just transitioned our blog to a newly hosted domain site – this just helps solidify the goal myself and Bert are trying to attempt – Financial Freedom. I have started the year off with an initial dividend income projection goal of $3,200 and decided to not achieve it, but CRUSH it. What exactly am I doing to do this, where is my goal currently at and why?
The air is getting colder, the leaves are changing colors, and the calendar is changing over from August. This can only mean one thing…FOOTBALL SEASON IS BACK! Fans are dusting off their jerseys and tailgating gear in anticipation of action returning to the gridiron. There is a downside to being a hardcore football fan (besides for disappointment)…the cost! Never fear, the Dividend Diplomats are here to share our frugal tips on how to enjoy football season and live frugal at the same time. Yes it is possible!
Pharmaceutical. You have to love that industry right? I know the industry has many players, but also many big time pharm teams out there. You have Pfizer, Eli Lilly, Merck, Novartis, GlaxoSmithKline – the list is big and these companies are strong. I bought a dividend stock on September 8th to add to my position for pharmaceutical companies, that company is, GlaxoSmithKline. Continue reading
Well, another month in 2014 is behind us. The 3rd quarter is nearly over…how crazy is that? While I may be a week late in writing this article, I figured it was as good of a time as any to review my August dividend income.
Currently, utilities are known for their strong dividend paying ability. Almost as if they are a fixed income producing asset. This leads me into the one dividend aristocrat that catches my eye – Consolidated Edison.
I am a huge history guy and love the wealth that was created from the late 1800s and early 1900s. Thomas Edison definitely was a founding father of this old wealth that continues to transpire and “light” our economy today. I understand utilities, I know how they physically work and I know what benefit and value it provides: Providing energy to fuel the day-to-day of operations. Let’s think big businesses, industries, etc., all the way to our entertainment platforms and this stems into our very own households. The need is and for now – will always be there, therefore, this is a very used product that will always be used. Continue reading
Well, I am sure you are all wondering… Did I hit the 60% savings goal? Did I hit the big mark that I set for myself last month when I was discussing why I am aiming to save 60% of my income? August had a lot of trial and tribulation, but a lot of positives came from the month. Let’s see what happened to my 60% goal for August. Continue reading
The best month of the quarter is upon us! September adds a wave of capital to our portfolio through DRIPs or the receipt of cash. Tracking my portfolio is particularly fun in this month since many of the companies I own will pay a dividend this month and one of my stocks is supposed to increase its dividend this month. It seems like every two-three days a stock in my portfolio will have a new update for me to follow. It is great! Let’s take a look which Dividend Aristocrats are set to increase their dividend this month.