tag:blogger.com,1999:blog-6818486532233792196.post5695728412394770803..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: My money moron budgeting experienceSunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6818486532233792196.post-78887066436259456462013-07-23T01:15:40.133-04:002013-07-23T01:15:40.133-04:00Hi Sunny,
Can you do a portfolio update soon and...Hi Sunny, <br /><br />Can you do a portfolio update soon and include your cost basis? I'm interested to know how well your performance compares to market indexes. <br /><br />Also, since you will eventually have to pay back your margin, locs and balance transfers, could you present the numbers with the interest costs subtracted? And can you post your net dividend income per month/year instead of giving updates of the total dividends per year?<br /><br />I find that the way you tell the numbers is hard to follow/misleading and it's not clear how well your dividend strategy and stock selection is doing. E.g if you say you're at 120k in your portfolio, its not always clear to your readers if that's increased from capital gains, dividends, or if you added leverage, or added cash. I've read other commenters say similar things so I'm not the only one who has had troubles understanding. Also, I think if you are more clear/transparent about what you are doing, there will be less negative comments critiquing you, or at least the extra bit of analysis will help evaluate yourself.<br /><br />Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-138333913849419042013-07-20T23:02:10.876-04:002013-07-20T23:02:10.876-04:00achievedachievedAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-50486421783906740572013-07-20T23:01:51.765-04:002013-07-20T23:01:51.765-04:00life is so temporary and extremely short and there...life is so temporary and extremely short and there is really nothing to lose and nothing to gain despite whatever goal we want or we already achieved. <br /><br />We are all users not owners in this world. The goal for life in my opinion is to gain maximum happiness within your means. And I don't see relatively poorer people have less happiness than the richer...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-21600207693311474752013-07-20T21:57:11.262-04:002013-07-20T21:57:11.262-04:00As Dave Ramsay says "You got to live like no ...As Dave Ramsay says "You got to live like no one else, so later you get to live like no one else".<br /><br />So as you build your passive income, what would you do when you can escape the rat race? That is a topic for a future post.<br /><br />I know of another blogger that rents and his doing all he can to retire at 40 by investing in the dividend growth companies. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-30748946883304264682013-07-19T14:18:18.995-04:002013-07-19T14:18:18.995-04:00what happened to the tmx takeover, did your shares...what happened to the tmx takeover, did your shares get called away and for how much??? I still see the stock trading at 44...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-46349592762776728592013-07-18T23:24:58.078-04:002013-07-18T23:24:58.078-04:00This comment has been removed by the author.Francis Larochehttps://www.blogger.com/profile/01854847867942196114noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-51398335822718051162013-07-17T11:56:47.761-04:002013-07-17T11:56:47.761-04:00First. Don't count on an inheritance. Situatio...First. Don't count on an inheritance. Situations change (often radically), you presently don't have ownership, and any creditors, lawyers, and government will get their due at the time. You're actually better to have an insurance beneficiary payout. Second. I agree with Anon July 15th. for most instances. If you're happy living in a small apartment, thats fine. If you can't do any maintenance yourself, then you're better off living in an apartment (even condos require maintenance from the owner.) But an apartment isn't preservation of capital (aside from the investment argument-which always doesn't work out). An apartment is pay for useage. If this is a cash flow question (as in uneven income or difficult to project), then maybe apartment life is best for you as you're also single. Thirdly. Most people aspire to some material trappings. A car is often first on the list. Your goals, Sunny, are not "average". Usual goals are job stability, reasonable income, and reasonable comforts. They are not trying to live primarily off an investment income during the "earning years". They are usually trying to set aside enough money/cash flow to sustain their present life style in their "retirement years" which exist in the future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-14630251149423183442013-07-15T14:35:59.797-04:002013-07-15T14:35:59.797-04:00Did we not talk about homes in the past? I recall...Did we not talk about homes in the past? I recall that it really depends on your own situation regarding home ownership. I recently looked at my cost of ownership and owning my home mortgage free now for a few years, our monthly ownership costs are $800/month, 1500sqft bungalow south of Ottawa. That incudes heat, hydro, taxes, insurance and of course planned and unplanned maintenance... And that is for 3 people. Life is about choices, and what might be good for one may not work for another. Home ownership works for us and should it no longer, and we decide to move we'll pocket the $400K in equity we've built up - if you move what do you get other than a free last month's rent? - Cheers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-48805744867476354032013-07-14T19:16:59.123-04:002013-07-14T19:16:59.123-04:00In your budget I don't see anything about your...In your budget I don't see anything about your margin interest or any of those low-interest credit card charges. Once you take out your margin interest from the dividends you've actually earned, I think there isn't that much left...Seanhttps://www.blogger.com/profile/06467590420422811261noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-48916247101447428792013-07-14T18:10:53.219-04:002013-07-14T18:10:53.219-04:00Not only summer is too short, but life is too shor...Not only summer is too short, but life is too short not to enjoy. Comparing yourself with a salary of 30k to someone with an education that could be a couple both working and earning over 100k is not the same. If you would earn 100k, you could save 2k a month, and still be able to afford a house and new car and live comfortably. Anonymousnoreply@blogger.com