Third Quarter 2018 Dividend Income

It’s dividend income update time. One of my favourite times of the quarter as I get to review my previous three months worth of passive income received from my ISA portfolio. Given my strategy of wanting to acquire enough dividends in order to cover my costs and be able to retire, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts. My dividends really do provide me with a comfort blanket during times of market turbulence as we have experienced recently. The market can be irrational at times as it seems to gyrate up and […]


As an Entrepreneur You Need To Pay Yourself First

One of the most important important concepts in personal finance is to pay yourself first. Whilst this concept particular resonates with people who are self employed, many self employed people tend to glean over its importance. Self employed entrepreneurs usually find it difficult to get the balance right between withdrawing money from the business and paying themselves first and keeping the money in the business and helping it grow. But entrepreneurs need to pay themselves first as well in order to gain a sound financial footing and to build their personal wealth. How much should you pay yourself when you’re self-employed? A good rule of thumb that I have heard […]


Making $15 A Second

Amazon is raising its minimum wage for U.S. employees to $15 an hour. This has lead to cheers from employees and critics a like. I think most people would be happy to have a job paying us $15 an hour. But not Warren Buffett. He’s hurdle rate is much higher. When he looks for returns, he wants something closer to $15 a second. To understand how Warren Buffett made $15 a second, we need to delve back in time to 2008. The year 2008 was not a good one for most working in the financial sector. We saw losses, bank runs, liquidity shortages and thousands off layoffs. If there was […]


September Monthly Stock Purchase – Emerging Market Contagion

High yielding British blue chip companies were on sale during the month of September. This was particularly true for companies with deep entrenched roots in emerging markets. Emerging markets have faced a torrid time of late with countries such as Turkey, India, Brazil, Indonesia, Argentina and South Africa seeing their currencies drop more than 10% against the dollar. The expectations are that further currency falls are expected in these nations as the US Dollar continues its powerful surge upwards – investors are flocking to the US Dollar and pulling out of assets denominated in emerging market currencies. So what does a drop in emerging market currencies have to do with […]


Anne Scheiber – Secret Buy and Hold Dividend Millionaire

Today’s secret millionaire story comes from the vault. It starts all the way back in 1893, the year our secret buy and hold millionaire Anne Scheiber. Like most other secret stock market millionaires, Scheiber did not come from a family of means. In fact, her early childhood was worse than most. Anne grew up in poverty. Her father died when she was very young. As a result, she was forced to began to work in her teen years. Through sheer determination and graft, she saved some money, put herself through law school and began a career’ at Internal Revenue Service’ – the tax department of USA. Anne excelled at her […]


Phillip Morris (PM) Stock Purchase – The Best Performer Over The Past 100 Years

It’s a well known secret that one of the single best investments you could have made over the past fifty or sixty years was to buy and hold Philip Morris stock (LINK) . Had you invested $1,000 in the late 1960s, and continually reinvested the dividends along the way, then your holding would be worth roughly $7,000,000 + today. The sheer scope of those returns – compounding at a rate of about 20% a year – is unmatched by any other stock in the S&P 500. (Check the stock return calculator here – please note Phillip Morris was part of Altria (MO) before the 2008 spinoff). Credit Suisse published a report in 2015 […]


Phyllis A Stone – Secret Buy & Hold Dividend Millionaire

Phyllis A. Stone was a typical New Yorker. There was nothing special about her. She wore frumpy house dresses, drove a beat-up old Chevy Cavalier, lived modestly in a two-family house and frequented her local church. A friend of hers described her as “an average person and a lovely lady who was not at all ostentatious.” She was ordinary in all sense of the word, except, she had one astonishing secret. That secret would only be reviled upon her death. When Phyllis Stone died at the age of 91 in 2013, the beneficiaries of her will got a shocking surprise. Phyllis Stone was a millionaire. To be specific, Phyllis left […]


Secret Buy And Hold Millionaire Investors

When it comes to investing, evidence and concrete numbers are everything. Nothing beats the hard facts. It may be one thing for me to write about achieving financial freedom using dividend growth investing. But can this strategy work in practice. Does buy and hold investing work in the real world. Can you become a millionaire by simply buying and holding high quality stocks. The stories of everyday buy and hold investors will help answer these questions. If you pay attention to the news, you end up finding enough clues to uncover some of the secret stock market millionaires; the folks who weren’t watching Bloomberg worried about this quarter’s GDP growth, […]


Should I Hedge Currencies In A Portfolio?

One question I have been receiving regularly is whether investors should hedge currencies in their portfolio. This question has become increasingly important since Brexit as the value of the Pound has seemed to gyrate heavily over the past two years. The simple answer as to whether I hedge currencies is No. If I were to hedge currencies in my portfolio, a question I would ask myself is how would I do so? Should I base it on the currency of the country in which the companies are listed? This obviously would not work. There may be no connection between the country in which a company is listed and its area […]


From Zero to £2500 in dividend income in under 3 years


Back in 2015, I had a passive income earnings stream of £0. The only money that was in my bank account was from my paycheque working 9 – 5. I knew I couldn’t go on like this. I knew I didn’t want to work this job forever. I knew I had to escape the rat race. In order to do so, I had to create a plan. I needed to be an owner of cash generative assets. And that is when I started to create my second source of income via dividend shares. I started saving a large portion of my income every month, and investing it wisely. My savings […]