Tag Archives : passive income

My Journey to £1000 in Annual Dividend Income 9

Just over a year ago, I bought my very first dividend paying stock in the form of BP. Little did I know that this one little purchase would lead me to become a dividend junkie and scream with excitement every time a dividend cheque hit my account. But that is exactly what has happened and I am sure glad I took that initial first step. I am now elated to say that I am expecting to receive £1000 in dividends over the course of the year. This post is there to discuss how I went from having 0 in dividend income to hitting the 4 figure mark. I will also […]

September Dividend Income 4

Another month passes by and another set of dividends have hot my account. Owning shares in companies is really starting to feel wonderful. For September, I have received £236.70 across both my ISA and my high yield dividend portfolio. This is by far the biggest month I have had over my short investing career. I am beginning to love the fact that cash goes straight into my account without me having to do any work or put in any effort besides the initial stock purchase. I could be in in jail but still make money due to having the right collection of cash generating assets. This is the beauty of […]

March dividends – The weak pound is great for Shell (RDSB) and BP investors 2

March has been a great month for dividend income. I received dividends from two of my biggest holdings, Royal Dutch Shell (RDSB) and BP. Even though I bought these shares with a chunky yield of about 8% each, I was pleasantly surprised that I had received more dividends than I had anticipated due to the weak pound. As a result of the weakening of the Pound (GBP), I have received a total of £121.73 in dividends this month. A weaker Pound (£) against the USD ($) is great for my BP and SHELL (RDSB) stock! Both Shell and BP set their dividends out in dollars ($) each year. This makes […]

Cashflow Makes You Rich 2

In Personal Finance as in business, the only thing that really matters is how much money is combing in. Cashflow is king and there are no two ways about it. Understanding cashflow – the money you bring in against the money that goes out – is a great tool in the locker of you becoming wealthy. Having more money come in than go out and investing the difference is a great way to become very wealthy over time. This sounds simple but many people don’t abide by this simple rule. One of the reasons is because they don’t truly appreciate the power of positive cash-flow and wonders it can do […]

The Wonderful Feeling of Owning Stocks in Companies 2

I’ll never forget the first time I got dividends paid into my brokerage account from the first shares I ever bought. To say it was a wonderful feeling is an understatement. The thought occurred to me that being a part owner of a company is so much better than being an employee where you work your socks off for the benefit of someone and else and always have the worry of being laid off. It was passive income at its best. The first dividend payment felt like a whole new way of viewing the world. Even though the amount i received was small, the impact it has had is priceless. […]

What is Passive Income – 12 Ways to Earn Passive income 15

For many people who want to be financially free, passive income is the ultimate goal. Passive income allows you the opportunity to do what you want to do without thinking of where your next pay check is coming from. Imagine this: You hop on a flight to Spain or Tunisia or Thailand. You spend a month revelling by the sea and sand.  You taste new foods. You discover new music. You spot wildlife you’ve never imagined. You have the time of your life. You don’t check email the entire time. Heck, you don’t even post photos to Instagram or Facebook. You’re radically offline — like it’s 1974. You return to […]