Passive investment is the most reliable way to grow your wealth if you do it smart. All you need is a plan, self discipline to stick to it and patience to wait for your investment fruit to ripen. In the following article I’m aiming to help those who do have the dedication to invest in their financial future, but hesitate where to start. Some people might find passive investment strategies boring, but if you do not wish to spend much more time on finances than 5 minutes per month, this might be the best option for you.
Wow, it’s already December! This year seems to be passing by in no time. Winter is officially here, although I can’t remember when the last time I saw some proper snow was. Still I invite you for a winter theme game (if you don’t wanna join, you can still watch from your warm room). I’m going to roll a snowball. A dividend snowball! I start with something small, but on its way down the mountain it’s gonna be bigger and bigger like no one wants to stand on its way! Check out how I’m planning to do it!
“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in”. This is a quote from John D. Rockefeller which from one hand I find extremely sad (he must have had a pathetic life if he really meant it), on the other hand it’s true that seeing the companies paying you dividends (no matter how big or small) just for the honor that you own their shares is an extremely satisfying feeling. And this is just one of the many reasons why the members of my dirty thirty portfolio are all dividend paying companies. To see the other reasons, please read further.