Claudia and I had our wedding yesterday. It was a super private event with just the two of us. We then – also just the two of us – went out to dinner to celebrate. We originally invited her two sons, but both declined. Her oldest is two hours away right now and was busy. And her youngest son has autism and doesn’t often like to be in public places. So it was just us.
We did something a bit unique in terms of our wedding/marriage, but Claudia wants me to keep mum on some of that (she thinks I share too much sometimes). However, I can share that I spent less than $330 on everything, including the paperwork, wedding band, and dinner. The only thing I didn’t pay for was my wedding band, but I picked out a pretty cheap tungsten carbide ring that doesn’t easily scratch. Frugaltastic!
Then there was a birthday party today. Claudia recently turned 50, so we hosted a little party here at our small apartment. Mostly just her closest family and friends, so it also was an intimate affair.
Anyway, life is good. It’s weekends like this that remind me what all of the saving and investing is for. It’s really all about ownership of your time. And the whole reason to own your time is to spend it however you see fit. Meanwhile, I can’t think of many more meaningful ways to spend that time than with the important people in your life, which is certainly more rewarding than spending your precious, valuable, and dwindling time at work.
Other than that, we’re gearing up for our trip out to Omaha next weekend. I’m very much looking forward to being in the same room as Warren Buffett, even if it is a really, really big room.
I’ll be dropping a post this coming week about a possible meetup with any interested readers that might also find themselves in Omaha for the Berkshire Hathaway Inc. (BRK.B) annual meeting.
In the interim, I hope you enjoy some great reading material that I’ve compiled. Enjoy the rest of your weekend!
These 20 Dividend Growth Stocks Go Ex-Dividend Next Week
Check out 20 dividend growth stocks that go ex-dividend next week. This may be an opportunity for you to buy in before the next dividend is paid out. In addition, I took a quick look at one of the stocks in particular to see if now’s a great time to pick up shares. Check it out!
Why Passive Income Is Worth More than Active Income
My recent article on comparing active and passive income was picked up by Lifehacker. I love when my stuff is picked up by a large site like that. And that’s really because it gives me an opportunity to potentially reach a whole new audience.
Jason Fieber’s “The Dividend Mantra Way” book review
Some of the reviews are in! Steve kindly reviewed my book, which I thought was a very accurate and balanced look at what it offers. In addition, I was interviewed by my good buddy, Kraig, after he invited me to show up on his podcast and talk a bit about the book and what I’ve been up to since I last popped in over there. So if you’re interested in hearing me blab for almost an hour, check that out.
Dividend Income Report; The Good… and the Bad
Mike put out an article that basically discussed why he doesn’t understand the importance of tracking his dividend income on a regular basis. You obviously know where I stand on this issue, but, in the end, many investors look at their investments differently. I’ve found a ton of success and motivation tracking my dividend income on a regular basis and actually seeing myself become more financially independent all the time, but some investors only care about total return or wouldn’t mind selling off assets to sustain themselves. Different strokes for different folks. An interesting read, nonetheless.
This Stock Has Raised its Dividend for 42 Years in a Row
I highlighted this high-quality dividend growth stock that has been increasing its dividend for more than four straight decades. If that doesn’t already tell you a lot, you’ll find that the fundamentals across the board are pretty solid. In addition, this company has huge competitive advantages. However, the stock isn’t particularly cheap right now.
Fun Facts About Money I Bet You Didn’t Know
I thought this was a fun article. But this particular stat might make you jump out of your seat:
If you have $10 in your pocket and you have no debt, you are wealthier than 25% of Americans.
Yikes! Food for thought.
How This Couple Retired In Their 30s To Travel The World
Forbes featured fellow bloggers Jeremy and Winnie over at Go Curry Cracker! not too long ago. This article basically tracked their story and asked them key questions on how exactly they were able to accomplish what they did. Really good stuff.
Here’s how Warren Buffett sees the stock market
Just another reminder to keep your eye on the long term, regardless of short-term volatility and noise.
Being Happy = Being Happy
J$ reminded us that it doesn’t take much to be happy. I think this article deftly encapsulates hedonic adaptation and Maslow’s hierarchy of needs.
Recent Buys: April 20th, 2015
Ryan decided to average down again on a high-quality business he believes in. With solid fundamentals across the board, it’s easy to see why. I may end up as a fellow shareholder here at some point.
This Too Shall Pass: Investment in the Integrated Oil Majors
JC took a look at how Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) fared during peaks and troughs in the cyclical energy industry going back to 2002. I agree with his assessment that both are some of the lowest-risk plays for long-term dividend growth investors in energy due to their operational records, spectacular balance sheets, and loyalty to shareholders. I also agree that it’s unlikely we’ll see particularly large dividend raises from either one here when they declare their respective dividends at the end of the month. Both are due for a dividend raise, so it’ll be telling and interesting in what they announce.
Lanny’s Recent Purchase – JNJ
Lanny recently picked up a few shares of Johnson & Johnson (JNJ) just in time for the recent dividend raise of 7.1%. Probably my favorite long-term stock of all, which is why it’s my largest holding. Captain Dividend also recently bought shares. I’d personally be interested in buying JNJ right now as well, but I already have more than enough. Great stock to build a portfolio upon, however.
Retirement is not an extended vacation
Joe reminded us that (early) retirement isn’t all about sitting on the couch and watching TV or going out and playing golf all day. I happen to think that anyone who has the energy and drive to achieve financial independence fairly early in life is also the type of person to continue taking on interesting projects and hobbies; however, I do think it’s important to plan out your life after full-time work. Make sure you clearly define your expectations, goals, and purpose.
Full Disclosure: Long CVX, XOM, and JNJ.
Thanks for reading.
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