I recently put together a list of stocks to buy and hold forever. This list of companies wasn’t for my portfolio, but rather my 17-year old son who is getting ready to start building his portfolio. These buy and hold stocks have several important characteristics … most notably – they all pay a dividend. And […]
Continue ReadingAfter earning a personal record $3,886.97 in dividend income in 2020, we started off the new year strong! Our January 2021 dividend income results are in … and we set a new record for the month! Before we get started bragging about our January 2021 dividend income, I wanted to give a quick overview of […]
Continue ReadingI have put together a list of passive income ideas that I plan to focus on over the next couple of years. Some of these income streams I have been working on for years. For example, our dividend stock portfolio is over a decade old. Other ideas are new to me. These passive income ideas […]
Continue ReadingYou may be wondering why I would write an article about the cost to own a home … especially since this site is mostly about creating multiple income streams and building wealth. Well in order to build true wealth (in my opinion), you need to focus on the major expense categories. For most families like […]
Continue ReadingThe rule of 72 formula is a great way to illustrate how compounding interest can grow your investments. I am a firm believer that everyone should be leveraging the power of compounding interest in order to grow their wealth. Even if you were to invest $25 a month … the power of a compounding investment […]
Continue Reading