I invested a total sum of $5,654.25 in the first week of June. Dividend Growth Investing (DGI) stocks will be used to to fuel my passive dividend income over a period of 3000 days. Compounding magic should kick in before long and we could then sit back and relax a bit, sipping a cup of drinks on a cruise towards Bahamas Island 🙂 Wouldn’t that be a sight to behold and cherish.
I bought overall 14 companies over this week. Summer has started hot already 🙂 These stocks are from diverse sectors of economy so that my passive income is not trapped in few chips. So far, I’ve bought about 20 stocks, ultimately, I may own close to 50 stocks, but, I want to be careful not to diver-worsify as well. However, this is just the beginning and let’s see where we land up! We will be watching this fun race together 😉
The companies that I put my money are: CVX, DLR, KMI, MAIN, MO, O, OHI, OKE, PG, PM, RDS.B, SNH, VTR and WPC. I plan to dollar cost average in some of these companies to built more positions in coming weeks. REITs have been excellent buy recently along with O&G companies.
Full Disclosure: Long on above mentioned stocks.
Thanks for reading.
I’m your host to a wonderful journey that I’m about to take. This has been in plans since long. I’ve thought about getting retired before the ripe age of 40, b’tched about it for wayyyy too long 🙂 deliberated about it, dreamed about it, you name it! Its time for action, guys!. Now, I’ve decided to take a plunge and in full public view so that its out there for all to see my journey to financial freedom.
There are many great blogs out there ’bout Frugality, Budgeting, Early Retirement, Investing and I’ve been inspired by many of them. No doubt about that. In particular, I’m inspired by DivHut who started way back in 2007 and more impressively inspired by PassiveIncomeMavericks who just started few years back only and now earns several hundred dollars. I wanted to create a blog with a specific goal along with a specific time frame to attain my freedom and be free from rat race. My Freedom goal: 3000 Days to Earning $3000 Per Month!
You can also start your journey with me and if you are 30 years old, you will be financially independent before 40; and if you are already 40, you can attain FI before 50, much earlier than traditional retirement; if you start at a young age of 25, you can attain freedom before 35: in just 3000 Days. Age really does not matter, as long as you want to take a small step and make a decision to be retired early. Hope this blog inspires you to attain your freedom and follow my journey and progress that I’ll work very hard to achieve.
It is a race of 3000 Days for me and I need to have perseverance to sustain this race. But, with the readers support, this journey will be a shared one and of shared inspiration!!
To An Early Retirement, Getting Keys to Freedom and Life filled with Joy!
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.