What are Dividends?

Dividends are awesome. Pick the right company, and they go in one direction - UP! Dividends have been rising faster than earnings, and that's a great opportunity for long-term investors

40% of total stock returns come from div­i­dends, but what are div­i­dends? From Part 2 of my book: When you pur­chase shares in a com­pa­ny, you become a par­tial own­er of that com­pa­ny. When buy­ing shares on a stock mar­ket through a bro­ker­age, you’re buy­ing shares of a pub­lic com­pa­ny – a com­pa­ny that has […]

What are Dividends?

Stockpile Review

I am in love. The most fun way to invest in the stock market is dividend reinvesting. Stockpile makes dividend reinvesting as simple as it is fun.

I can’t even con­tain how excit­ed Stockpile makes me. I have such a pas­sion for invest­ing by rein­vest­ing div­i­dends and hav­ing mon­ey make mon­ey. These guys seem to have thought of every­thing, and invest­ing is as easy as it can be. You can get start­ed with as lit­tle as $1. (Whether it makes sense to […]

My first Stockpile gift card; I felt I had to use the product before I could write my Stockpile Review
30 Lessons for Living

30 Lessons for Living: Tried and True Advice from the Wisest Americans (2012)

I love lis­ten­ing to old­er people’s per­spec­tive on life.

There’s a good quote from this book, it talks about how impor­tant it is to con­nect with oth­er peo­ple. I couldn’t agree more, as it’s some­thing I learned too late in life. In fact, help­ing my chil­dren be more con­nect­ed with oth­ers is one of my top par­ent­ing pri­or­i­ties.

Read this book when you have time to chew on it.

“Stocks, Reinvesting & Diversifying w/Marco Schwartz”

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Mastermind.fm
11/8/16

I’m enjoy­ing mastermind.fm and have recent­ly sub­scribed to fol­low their pod­cast.

This episode is chock-full of moti­va­tion! A great dis­cus­sion on buy­ing com­pa­nies who increase their div­i­dend pay­ments, as well as oth­er ways to invest for pas­sive income like peer-to-peer lend­ing and affil­i­ate mar­ket­ing.

Their dis­cus­sion about why to invest and how to get start­ed with div­i­dend invest­ing is in align­ment with the Elephant’s Paycheck Blueprint. I was pret­ty sur­prised to hear the inter­view­er talk about how hes­i­tant he was to get start­ed, and how lit­tle he knew. Marco real­ly helps the lis­ten­er under­stand the impor­tance of build­ing a dis­ci­pline of invest­ing just the same way one builds their own free­lance busi­ness.

Their con­sen­sus: no mat­ter how tal­ent­ed you are, no mat­ter how bril­liant — you must have inter­per­son­al skills to suc­ceed. Many young peo­ple today are so focused on gain­ing tech­ni­cal exper­tise that they lose sight of this key to job suc­cess: traits like empa­thy, con­sid­er­a­tion, lis­ten­ing skills, and the abil­i­ty to resolve con­flicts are fun­da­men­tals in the work­place.

How to buy a stock

Especially if you just have a little money to get started

I think the sim­ple step of how to buy a stock can be a bit over­whelm­ing if you’ve nev­er done it before. New com­pa­nies are try­ing to make it eas­ier to get start­ed using tech­nol­o­gy to make the pur­chase more approach­able. Stockpile is sim­ply one of the best way to get start­ed build­ing wealth because you can buy shares […]

Raising Financially Fit Kids (2013)

As a par­ent of two small kids and some­one who’s always equat­ed mon­ey with free­dom, I want to make sure I teach my chil­dren solid mon­ey val­ues. Joline’s book is great for help­ing par­ents under­stand what chil­dren of a given age can com­pre­hend about mon­ey and how to build a foun­da­tion for solid finan­cial val­ues.

I keep this book handy, and con­sult it reg­u­lar­ly. In fact, I even used it for inspi­ra­tion on my own book’s lay­out.

Have you read this book? If you have, let me know what you think in the com­ments.

Fees? What Fees?!

It’s incred­i­ble how unin­formed peo­ple are about their own finances. This arti­cle on the cost of British mutu­al funds is a lit­tle scary: The under­ly­ing prob­lem, at least when it comes to retail clients, is that fund man­agers do not com­pete on price at all. Part of this is due to many investors’ igno­rance. Remarkably, more than […]

Too much choice

Bob Moesta is a guy I fol­low because he real­ly under­stands con­sumers and how they make deci­sions about the prod­ucts they use (or don’t). 1/2 Too much choice dri­ves non-con­sump­tion. Anxiety of being wrong or too much to learn to make a deci­sion. — Bob Moesta (@bmoesta) October 20, 2016 As I was doing research for […]