I am very glad I have set a realistic, attainable goal this year and am churning my way to it. I remember last year, I was sprinting past my 2014 goals early and often, but this year definitely is different. This year is harder, this year is more strategic, this year takes much more effort than usual. My goal by the end of the year is to have a projected $6,750 in forward-looking dividend income, and well – this month has allowed me to reach closer to the goal, but to also cross a milestone along the path. This month events and activities have allowed me to Crush through $6,000 in projected dividend income!
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Tag Archives: Save
Lanny’s Recent Purchase – NSC
I’m back at it again! The market again, has taken a downturn south and one of my newly created positions from last month went on sale this week/today more specifically. Sometimes… if you have the idle cash it’s best to use that and average down a position that you want to build, buy more income for less and smile as you do it. I was lucky enough to do just that, I made a purchase today to a position I already have. Let’s take a look on who that was.
Lanny’s Recent Purchase – EMR
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.
Lanny’s Income & Expense Summary – May, June & July
Remember when we had those posts regarding income and expense summaries? Well.. I’ll be damned if I didn’t realize I haven’t posted about this since the summary for April 2015. Aka – more than 3 months have passed that I haven’t showed any results from the income and expense summary side of my life. I haven’t shown how I am able to fund my investment purchases, how I’ve been able to balance both living and ht epursuit of financial freedom, as well as – achieving the 60% savings challenge. I’m Back and ready to bring it! This is the summary for 3 months that were missed – May, June and July. 
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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!
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!