The only way I could have hit the town to take care of multiple personal matters on a weekday afternoon back when I was working more than 50 hours per week in the auto industry was to call in sick. Or it would have been a holiday…meaning everywhere of importance was probably closed as well.
Anyway, I had to go to the local Social Security office here in Sarasota to get a code to activate my account online. It’s interesting to log on and track historical earnings as well as estimated benefits. Of course, there’ll probably be a number of donuts (zeros) for applicable annual income down the road, so I’m sure my benefits will correspondingly decline. But I’d rather be free to live my life on my terms rather than be handcuffed to benefits that may be reduced due to funding issues anyhow.
One of these days I want to put an article together highlighting my lifetime earnings, which are shockingly low. Just further proof you don’t need to make a lot of money to achieve financial independence.
It’s Valentine’s Day weekend! Any exciting, but frugal plans?
I usually take Claudia out to celebrate, but this year I’m going to be putting my newly-acquired cooking skills (I’m being liberal with the word “skills”) to the test by whipping up something good (again, liberal) to eat. Wish me luck.
It’s been a while since I’ve put a good list of reading material together, which makes this as good a time as any. I read constantly. I really don’t know how I have so much time to write, to be honest. But I generally share just a tiny fraction of what I’ve read recently for the sake of brevity. However, there are some particularly interesting articles below, so make sure to check them out.
In the meanwhile, have a wonderful weekend. Have fun, be safe, and make the most of every minute!
Want to drive like a billionaire? Here’s how
Not an in-depth article, but here’s your chance to buy Warren Buffett’s Cadillac, autographed and all! I’ll pass since I’d probably have to liquidate my entire portfolio – and then some – to afford it, but picking up the keys from Buffett himself is obviously the highlight.
7 Things I’ve Learned in 7 Years of Blogging
J$ has some serious bragging rights here. Not many blogs survive seven years. It’s incredibly difficult to keep writing inspirational and quality content for years on end, as I can attest to firsthand. I’ve only been at it for four years, but even that seems like a lifetime. Looking forward to another seven years from J.
These 18 Stocks Go Ex-Dividend Next Week
We’ve got some high-quality dividend growth stocks going ex-dividend next week. I highlighted one in particular that’s in full recovery mode right now after the CEO recently departed. Could be a solid value play, but I’m on the sidelines for now.
Dividend Update – November 2014
JC’s back. Great to hear that things are going about as well as they can and he’s still working hard over there. Keep his young son in your thoughts.
Roadmap2Retire purchased shares in a very interesting biotechnology company. I looked at this stock a while ago and passed due to my concerns over pipelines and patent cliffs, but that decision was to my own detriment. Can’t win them all, but I think I’ll take another look here.
Dividend Income Update – January 2015
Tawcan had an excellent month for dividend income. I’m doing my best to catch up!
This Stock Just Increased its Dividend for the 40th Consecutive Year
I discussed a stock that just recently raised its dividend for the 40th consecutive year. This stock is high up on my watch list. Quality across the board and its business model is very solid. A lot to like here.
Here’s how a janitor amassed an $8m fortune
These stories pop up here and there, yet they never fail to impress or surprise me. However, you’ll notice a recurring theme where the person lived frugally and invested in high-quality stocks. Reminds me of someone. There was one quote, from the gentleman’s attorney, in particular that struck me and further reminded me of someone:
He only invested in what he knew and what paid dividends. That was important to him.
7 Companies We’d Buy and Hold for the Next 20 Years
I see a few names I’m familiar with, including my favorite stock for this year.
People Buying Coca-Cola At $41 Today
Tim discusses The Coca-Cola Co. (KO) and its potential future prospects. As always, you have to focus on the long term. The odds of people not buying something from Coke’s huge portfolio of nonalcoholic beverages when looking out over the next decade or two is highly unlikely.
January 2015 Income and Expenses
My Dividend Pipeline makes more in one month than I make in one quarter. So if you’re looking for a different approach to financial independence, check it out! Of course, it might not be easy to replicate an income of $12,000 per month, which is why I advocate marching toward financial independence with a modest salary, which is easy to come by for most of us.
This Blog Post Is Not Safe For Work (NSFW)
Retire Before Dad shares his frustration with working for “the man” and his plans for eventually getting out. His current job provides him the path of least resistance, which makes a lot of sense. I always thought my job in the auto industry was also the path of least resistance, but I was fortunate enough to turn my passion for writing and inspiring into a career. I don’t regret that transition for even a second. It was one of the best decisions I’ve ever made. That said, not all of us have passions that are easy to monetize and so a lot of times a high-paying job is the best path to financial independence. However, I’d also venture a guess that many people are a lot more free than they think they are and hobbies are probably easier to monetize than you give them credit for.
How I lost $250,000 with Centaur Litigation.
I came upon this story just recently. Very, very unfortunate, especially considering this gentleman was anticipating living off of his life savings in a foreign country. Advanced investors would probably see a scam like this coming from a mile away, but these stories are all too common. One should always stick to what they can understand and do their due diligence. Furthermore, diversification is a must to mitigate risk. I admire his positive attitude, though. I guess one can only be positive and move on after something like that. Otherwise, it’ll just destroy you. We’re far more than our money. Sounds like he’ll be okay with teaching over in Chiang Mai as well, due to the cost of living being so low over there.
In Search of Perfect Beach Towns: Sámara, Costa Rica
Imagine traveling the world, financially independent. If that sounds interesting, Kate’s travels will probably interest you. She’s currently in beautiful Costa Rica. Makes me think how cool it’d be to take Dividend Mantra global!
Full Disclosure: Long KO.
Thanks for reading.
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