Avoiding The Stink Of High Yield – How Much Is Too Much?

It’s long been a goal of mine to have a dividend income that roughly matches our family’s annual expenses.  I say *roughly*, because in any given year we might have a random irregular expense that causes us to overspend our cash generation a little. 

(The purchase of a new car, an expensive family vacation, or repairing the roof on our home would be good examples of this)

This year, I’m going to be pretty close to that goal…

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Growing Dividends In 2019

Every year right around the end of January, I try to plan out my dividend income and capital allocation goals for the year.  I started doing this in 2017, continued the process in 2018, and still find the process useful enough that I’m doing it again in 2019.

At the most basic level, my planning process amounts to putting excess cash to work from our Big Fat Cash Pile AND trying to put that cash into smart places that generate a growing stream of dividend income.  The devil is in the details of course…

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Wealth Building Is Mostly Invisible

To a certain extent, investors like myself desire to see a steadily rising net worth.  Up and only up please!  Unfortunately, life and the stock market don’t always comply with what I want them to do.

There will be years where the market is down, and weeks when more cash flows out than flows in.  So how do I know I’m actually building wealth?

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A Cash Flow Management Strategy For Financial Independence

Believe it or not, I’ve written this post a couple of times.  I’ve never published the previous versions because I’ve never been happy with how the post came across. Cash flow management is one of those topics that’s hard to put into words without sounding like some kind of arrogant know-it-all.

I honestly DON’T know-it-all and my cash flow management strategy is really based upon this fact.  That’s the honest truth…

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