You have to love Mr. Market when the trend turns lower. You have to be prepared, the artillery ready and the decisiveness to your actions. I am so lucky that I was ready last week, especially on Monday the 12th, when the market plunged downward and I had been prepared to make a purchase or two. Those two purchases happened to be Target (TGT) and T. Rowe Price (TROW).
Hey everyone! Every month, we live in a world that we pay for our expenses on a typical monthly basis. Most people budget monthly based on their food, shelter, car and other entertainment or daily needs. You know what I personally love about my bills? If something else is paying them for me! One fun way and reason to invest into dividend paying stocks, is to almost view them as a way to build up an asset that pays these bills for you! What do I mean? Let’s check it out.
Welcome back! After my first post, I am hoping things are heating up, especially due to over 12+ comments about strategy part one! I wanted a nice segway into this section, Part 2, on my trip to reduce taxes and invest MORE. This is possible everyone, VERY possible. The first portion of my strategy was to maximize my 401(k) with my employer, which will result, in this first year, a savings of OVER $5,000! However, as you guessed it, it does NOT end there.