Dividends Tax Rate – Understanding How Dividends are Taxed

Now that the first month of 2020 is almost over, it’s time to really start thinking and working on taxes.  I am sure many of us are gathering tax-related documents for 2019, as well as (should be) planning for 2020 taxes.  Documents that will pour in are 1098-INT, 1099-INT and… 1099-DIV for dividends received.  Today’s investing topic is about bringing awareness to Dividends and Taxes!

dividends tax, taxes, dividend investing Continue reading

Combining My Health Savings Accounts and Adding Dividend Income Along the Way

There are always fun wrinkles when you change employers.  You cross your fingers and hope they have the same 401k brokerage, the same Health Savings Account provider, and same health insurance provider to make things easy.  Unfortunately for me, I struck out on all three.  After receiving my second HSA card in the mail a few months ago, I quickly became annoyed with having two accounts.  So I decided to look into this further and determine if I should keep two separate Health Savings Accounts or combine the two accounts.

Continue reading

Lanny’s 2017 Portfolio Review

I  keep a copy in PDF of my portfolio every quarter, and have a deeper dive at 12/31, but this also provides a blog’d example of where I stand, so I can always refer back on the site the historical position of my portfolio.  As we have done in the prior years, this post will be an overall recap of my portfolio, the contributions, dividends going forward, dividends received, what I can analyze from the current position, etc..  It’s always fun to see what the year compiled into one snapshot of all of the hard work that goes into the dividend engine.  I am excited to see where it stands and what can be done going into this new year!  Let’s dive on in.  Continue reading

Dividend Investment Portfolio Crosses the $300,000 Mark

Three years and three or so months ago, my portfolio crossed the first six digit mark in it’s existence.  Back in June of 2014, the dividend investment portfolio crossed $100,000 in market value.  Now I never posted about the portfolio crossing $200,000, but something about $300,000 had a nice ring to it.  It took me over 5 years to get to $100,000 and only 3.25 short years to triple that amount.  I hope we all can take a pause to think about that for a second, as my article will be focused on HOW I was able to garner a $300,000 portfolio and how YOU can too.  Check out how I was able to cross and crush through the $300,000 dividend stock portfolio mark!

Continue reading

The Power of $50,000 in Dividend Income, Explained

By now, you have come across 10’s, and heck maybe even 100 sites that are dedicated to dividend investing.  You have dissected the dividend income reports and the figures that members are posting in the community.  Further, you read what stocks are being purchased & by whom, as well as in what dollar amounts & frequencies.

If you’ve been to our website, then you have seen those items and have seen us post our income results each month and where we stand in our journey to financial freedom with the main catalyst of dividend investing.  Instead of being “this thing” that investors and the community is doing, I wanted to pull a major, not the only, but a major driver from behind the curtain on the “why” we are dividend investing.  To break it down in one painfully wonderful word, taxes.

Continue reading