Dividend Pursuit Updates (this post was original posted November 2015)
It has been
awhile since I posted anything. Life has
changed a lot for me and my family and I have been spending more time with them lately which has given me a
different perspective in life specially as we quarantine together and trying to
stay safe at the same time as we go about our daily activities. COVID-19 has definitely changed the world and
the more you thing of it the more the reality of reaching financial independence
becomes important. It allows you the
opportunity to make choices that would possibly keep you and your family safe
in though times. So, this led to a
perfect opportunity to start sharing what we been investing on and how we
continue our journey to financial independence (FI). I don’t think I will retire for say where I
reach FI but it will give our family more options to work and things we enjoy
and are passionate about, which is volunteering and helping people. To start I will be looking at past post and
post some updates based on past posts.
Here is my first post on the blog going back to November 2015.
I have been
investing in stocks since 2001. I have
learned a lot, by making a lot of mistakes. But my strategy has change since late 2014
while reading Retireby40 journey and how he achieved the ultimate milestone
reaching financial independence which allowed him freedom to make decision to
retire from a Job he no longer enjoyed. It let me to a community that was not
available to me previously. Then comes
dividend Mantra as I followed his journey and his passion for investing inspire
my previous thought process by creating passive income to pursuit early
retirement. Hence this blog will serve
to chronicle my journey to early retirement, where I will share companies I am
tracking and invest in. I will
eventually share my current stock holding which I started to reinvest in late
August 2014 and I have since sold all mu holding three times to purchase new
investment property and our current home. I will track my current yearly dividend and
eventually set a goal to achieve my ultimate milestone goal. I enjoy the people I work with and they are
good people. I just do not have the
desire to continuing devoting my time to my job that could be spent watching
Junior grow up and enjoy life and being around for his milestones. I was raised by a single mom so never
experience having a father around in my younger years. I would like to be that influence on my son
as he grows up. This drives my thinking
and the way I am going about doing things going forward. Because of this we are investing in both real
estate and the stock market. We do buy
individual stocks as I enjoy doing the research on the stocks I buy. I will post our weekly purchase and how that
is affecting our total dividend income and how each month’s dividend is able to
cover some of our expenses. We do have a
monthly budget that we stay close to most months when it comes to our overall
expenses for the month. We often go over
the budget when it comes to investing.
We are also planning to save enough for six (6) to 12 months expenses
for the next year or so. We currently
have 8 months of expenses saved in liquid accounts. Real estate in about 70 % of our net
worth. Please joy us in our dividend
Pursuit Journey to reach FI. As I share
our purchase for the month and total dividend for the month, We are currently using Robinhood app to invest for both me and Mrs. Dividend Pursuit. Disclaimer we get a referall for clicking on the link.
Thanks for
visiting
Dividend
Pursuit
Disclaimer:
I’m not a licensed investment advisor and not an investment professional. This
site is only meant for educational or entertainment purposes only. I’m not
liable for any losses suffered as a result. Please consult with an investment
or tax professional before investing any of your money.
