Well.. the market keeps saying- buy me, buy me, and there are opportune stocks everywhere at the moment, in my book. I took advantage of a recent price slide on a stock that many have been purchasing over the last month, including the one and only – Bert. I took a page out of his book and couldn’t be more thankful that he founded them in his screener and made my life a little easier. Thanks again Bert for doing that, I appreciate it. I had capital that finally was able to transfer over, now let’s see who, how much and why I bought this stock.
Tag Archives: frugal
Lanny’s June Dividend Income
6 months have passed! It’s now a quarter end as well, giving us another homerun of a month for Dividend Income. Also, as summer just turned the page to begin, let’s see if brighter sun and warmer weather also aligned with a blockbuster of a month for dividend income!
Running on Thin Ice
Running on thin ice – you know exactly what this post is about everyone? I know, very ambiguous and disguise-like, but it’s how I’ve been running over the last 5-6 months. This year has had many events, opportunities and actions that has had me running on thin ice, but for some reason – it’s becoming less and less “scary”. What do I even mean about running on thin ice, one may be asking? One slight cue – it deals with cash. And not simply just cash but… Continue reading
Dividend Diplomats 5 Important Money Lessons
One of the foundations that we have built our website on is the importance of investing in dividend paying stocks at a young age to maximize the power of compounding dividends. That’s why we have preached frugal living as it has allowed us to maximize the amount we are able to invest now so we can reach financial freedom sooner. While we have been successful recently saving a large percentage of our income, it hasn’t always been this way. Through our experiences (Bert has had a lot more of these than Lanny by the way) or by watching others, we have witnessed many financial missteps of people in your twenties. One of the best thing about the community we are in is that we share knowledge, and we have learned a ton about life, finances, and dividend paying stocks since we started this blog a year ago. So we wanted to share with you the top 5 lessons we have learned over the years in hopes that you can get your dividend snowball rolling as soon as possible.
Lanny’s April Income and Expense Summary
As you have come to see from us Diplomats – each month we share our savings from the income and expense we have endured during the previous month. Our goal is to achieve 60% savings rate in an ever inflationary lifestyle from advertisers, television, peers and co workers. Though it is difficult, we know the combination of being frugal, saving and investing allows us to achieve our financial freedom goals faster, by still enjoying the benefits of life itself. Was I able to hit 60% this month? Let’s check out my income and expense summary from April!
Mowing the Lawn – Frugal Style!
It’s summer, not yet, but here in Ohio it’s currently 70 degrees plus oddly enough and it’s only the beginning of May. My grass has started to sprout, er uhm.. giant green stalk actually and it’s time to get the mowing season started. I have a VERY Small lot and a brief background is my oil/gas powered “machine” went out on me at the beginning of LAST summer. Sure, I could have gone out to buy a new powered mower and spend $150-$300 on a gas powered-get out of my way lawn mower, I mean everyone has one of those and how the heck else do you cut grass if you don’t have an oiled-machine? I took a step back and went back into “time” for the method to my “huge” aka tiny lawn this year, which ended up being the frugal method. Look at this beast and let’s talk about it:
Lanny’s March Income & Expense Summary
As you have come to see from us Diplomats – each month we share our savings from the income and expense we have endured during the previous month. Our goal is to achieve 60% savings rate in an ever inflationary lifestyle from advertisers, television, peers and co workers. Though it is difficult, we know the combination of being frugal, saving and investing allows us to achieve our financial freedom goals faster, by still enjoying the benefits of life itself. Was I able to hit 60% this month? Let’s check out my income and expense summary from March!