Book Review: 5 Takeaways from The Millionaire Next Door

Here we are. The first book review EVER posted on this website and I could not think of a better book to begin with.  Finally, after many references on other blogs and suggestions in forums, I decided to read “The Millionaire Next Door” by Thomas Stanley, PHD and Willian Danko, PHD.  It amazes me that it has taken me THIS long to read the book, but I guess it is better late than never, right?  One of my goals in 2017 was to read more books, so this seemed like a great place to start.  Here are some of my thoughts on the book.

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Lanny’s June Dividend Income Summary

6 months in.  Wow, the year is officially half over.  However, is there another way to look at it?  What about – we have half of the year left to make an impact?  I like the sound of that better.  I hope everyone had a great 4th of July weekend and that everyone has enjoyed their time with friends, family and, well, updating their portfolios!  I am excited to share my June dividend income results, as it happened to be – my best month, ever.

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Fears of Being a First Time Homeowner

My wife and I just purchased a house…it is still settling in.  I can’t believe I am taking the plunge into home ownership.  This is the largest asset we ever purchased, and it most likely will be the largest one for the remainder of our life.  Last week, I tried to give an in depth account of the purchase in an article. Some of our frustrations, how we stumbled on our house, and the bidding/acceptance process.  At the end of the article, I left a cliff hanger about some of the parts of being a first time homeowner that I am still struggling with.

pay down the mortgage or invest

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April Dividend Income from YOU the Bloggers!

Each month, the dividend blogging community continues to impress the two of us.   Some people are breaking records, some people are posting triple digit growth rates, and some bloggers are beginning their journey towards financial freedom.  Each blogger has their own journey, story, and method for accumulating a dividend income stream and it is a blast to watch and read about.   March’s summary was filled with great stories, and we are even more excited to see how the community built off of their successes in the first month of the second quarter.  Time to check out our April dividend income summary from YOU, the bloggers!

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Expected Dividend Increases in May 2017

Dividend Increases, dividend increases, dividend increases.  Man, this is the exciting announcement that all of us dividend growth investors eagerly await.  A dividend increase is one of the best benefits of a dividend growth investor and can come in all shapes and sizes.  Since we are constantly tracking the companies in our portfolio, each month, we prepare a listing of dividend increases that we are expected to receive from companies in our portfolio and several Dividend Aristocrats that we do not hold.   Now, it is time to dive in and see which companies we expect to increase their quarterly dividend in May 2017.

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February Dividend Income From YOU the Bloggers!

It is that time of the month everyone!  For the last few weeks, everyone in the dividend community has taken the time to post their stories and discuss their progress towards financial freedom.  If you have followed our blog, you would know that we do our best to compile, share, and discuss as many of those stories and dividend income summaries as possible.  While we wish we could include everyone, unfortunately, because of time (especially during our busy season) we cannot include the dividend income summaries for every single blogger out there.   There just isn’t enough time.  This month, we were able to compile 19 dividend income summaries, slightly less due to busy season (ARGH!!!)!  So everyone, check it out.  Here is our February Dividend Income Summary from YOU in the blogging community.  ENJOY! Continue reading

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Lanny’s February Dividend Income Summary

Busy season is two months down and thank God it’s a short month, as these are the dog days of them all.  However, what makes this month fun is that we close out a month of dividend income earlier and start to step into the iconic March dividend income.  Cleveland has been a bit of a whirlwind as of late – it was 75 degrees and now it’s back into the 20’s.  Talk about getting sick with the climate change!  On a stock note – the market, this month, has been up almost 3% in the last 30 days, ending February 24th.  This has definitely sidelined me from making dividend stock purchases, killing me!  Let’s see what February has brought me in regards to dividend income.

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