tag:blogger.com,1999:blog-6818486532233792196.post8630330147211785951..comments2024-03-18T14:35:45.389-04:00Comments on The Dividend Girl: My deb situation on date of November 6, 2011Sunnyhttp://www.blogger.com/profile/10439081666297874311noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-6818486532233792196.post-76564424468609169592011-11-22T12:47:39.670-05:002011-11-22T12:47:39.670-05:00interesting letters and i just love reading all th...interesting letters and i just love reading all the comments..my thoughts are in the interest rates and as long as they remain low..no problems. as it looks , that will be for years....tough on the old folks who depended on GIC , guaranteed income. gone forever . the one solution might be to marry rich!Ruthnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-26100134562725945592011-11-19T19:10:00.216-05:002011-11-19T19:10:00.216-05:00Ok Mark. If you get that you can have her.Ok Mark. If you get that you can have her.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-47248637867773092782011-11-19T18:39:38.526-05:002011-11-19T18:39:38.526-05:00It's possible to reach financial freedom but i...It's possible to reach financial freedom but it involve a lot of things and those things are what we are working for everyday like paying off debt, building a portfolio... That can take a couple of years or a lifetime to achieve. It's not something easy.<br /><br />My situation is always a top main goal of course but I have a long way to go. That's why I began to fix the goal to reach my first 50k, after my first 100k in investment, and after that my first 200k and after the 200k, it will be a 300k and so on.<br /><br />Aspiring to a stop working dream involve too much things that I may not be able to reach in the next few years.<br /><br />So getting focus on something else is what I am doing. And hitting the 200k is interesting enough too. Don't you think so?Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-15567376294251788512011-11-19T16:19:36.819-05:002011-11-19T16:19:36.819-05:00Good point Mark. Maybe that's what the other a...Good point Mark. Maybe that's what the other anon poster(s) have been trying to get at. <br />I hope she answers this. You might be looking for a rich woman!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-390166370686369442011-11-17T22:49:59.093-05:002011-11-17T22:49:59.093-05:00Strange-wasn't Derek Foster advocating a stop ...Strange-wasn't Derek Foster advocating a stop Working strategy?-And here we are all working to pay off debts-whether they be from stock purchases, real estate investments, or keeping up with the Jones'.<br /><br />SUnny-what is your main financial goal?<br /><br />MarkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-79506051956656027392011-11-16T22:06:41.165-05:002011-11-16T22:06:41.165-05:00Sunny manages her finances very well.
As for th...Sunny manages her finances very well. <br /><br />As for the anonymous question; I presently do not have any debt, however, if an opportunity arises, I would consider borrowing to invest. Interest rates are low, my dividend income would cover the cost, and I could certainly use the tax deduction.Crystalnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-59607913229834330882011-11-15T20:23:52.834-05:002011-11-15T20:23:52.834-05:00$87,000 is hardly any debt today. Buying a house i...$87,000 is hardly any debt today. Buying a house is 200k and more. You have people driving trucks, pulling campers with a 4 wheeler in the box that they owe over 100k. Like the previous poster mentioned, the dividend covers the payment and she still has 70k in equities. This is 2011, not 1980.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-41831825593038598342011-11-15T19:29:41.992-05:002011-11-15T19:29:41.992-05:00So Sunny owns companies? Wow!
You sound knowledgab...So Sunny owns companies? Wow!<br />You sound knowledgable .... Yep. <br />So for me I'm not one for living beyond my means. So when I hear 87000$ in debt I cringe. <br />I don't think anybody would advise investing from money borrowed on high interest credit cards or a line of credit. Not even Mlle Soleil.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-69557416323655947392011-11-15T13:26:13.621-05:002011-11-15T13:26:13.621-05:00There is good debt and bad debt. Bad debt is debt ...There is good debt and bad debt. Bad debt is debt YOU pay. <br /><br />Good debt is debt the OTHERS pay for you. When you borrow to invest, the income that is generated as a result needs to exceed the payment on the debt that was used. I believe Sunny has said over and over that the dividends exceed the interest payment on her line of credits. <br /><br />Although the line of credit never gets reduced if you only pay the interest, but Sunny is not paying it whereas the companies she owns pays it through paying her dividends.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-16804554434833420982011-11-14T20:33:40.928-05:002011-11-14T20:33:40.928-05:00Well Crystal I hope you're not $87000 in debt....Well Crystal I hope you're not $87000 in debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-31436527330995509702011-11-14T18:50:50.385-05:002011-11-14T18:50:50.385-05:00Sunny, I think you should make this a "girls ...Sunny, I think you should make this a "girls only" blog. LolAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-22282996645704440842011-11-14T18:09:16.960-05:002011-11-14T18:09:16.960-05:00I'm not here to make friends. I'm here to...I'm not here to make friends. I'm here to make $$$.Crystalnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-52145423319418268692011-11-14T17:52:02.701-05:002011-11-14T17:52:02.701-05:00Sunny, please publish all the comments, I am curio...Sunny, please publish all the comments, I am curious to know what you decided not to publish. Or you could say why you didn't publish them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-14885444204096571562011-11-14T17:46:19.261-05:002011-11-14T17:46:19.261-05:00Hey Crystal. You seem like a good pal. Take some t...Hey Crystal. You seem like a good pal. Take some time to be honest with this woman. As a friend. Of course.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-10640826939573722442011-11-14T14:52:17.407-05:002011-11-14T14:52:17.407-05:00Sunny, you are so lucky! You are out traveling a...Sunny, you are so lucky! You are out traveling and enjoying life while several of your followers sit at home all day in front of their computers tracking your finances. Could I get them to fill out my tax forms while I go shopping?<br /><br />You photos look great and your life seems really fun.Crystalnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-47971981895604454982011-11-14T02:57:29.273-05:002011-11-14T02:57:29.273-05:00I too know personally that Sunny does not publish ...I too know personally that Sunny does not publish every comment! Like my last one....High on Dividendsnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-47972776325071991342011-11-13T17:17:12.609-05:002011-11-13T17:17:12.609-05:00I personally know Sunny doesn't print every co...I personally know Sunny doesn't print every comment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-17280470168204726252011-11-13T17:05:47.849-05:002011-11-13T17:05:47.849-05:00Wow. you examined Sunny's debt cause you where...Wow. you examined Sunny's debt cause you where curious. Are you going to start examining everyone else debt too. Go examine someone who paid $50,000 for a car that will still only get them from point A to Point B and as depreciated 30% in the first year alone. <br /><br />If Sunny lives for her blog, and she likes it, what's it to you. You can have your hobby and Sunny can have hers.<br /> <br />Again, who pays her parents bills has got nothing to do with you. If her parents wanted her home and are happy with the amount she gives them, that's all that matters.<br /><br />What does it gave you to put Sunny down, what as she ever done to you. If she's happy living a simple life, good for her.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-84795904904426186822011-11-12T11:18:02.258-05:002011-11-12T11:18:02.258-05:00Sunny, you have to love you. i admire the spirit...Sunny, you have to love you. i admire the spirit and conviction you have. you print every letter , no matter how insulting it is to you. i have to laugh at it all because it is funny, you are doing so well to a lot of other 30 year olds that i know and NO, your not a man...you go with your heart and i love it! i wish i had been at 30 where u are now kiddo.Ruthnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-24890300515825304172011-11-12T11:18:01.568-05:002011-11-12T11:18:01.568-05:00Sunny, you have to love you. i admire the spirit...Sunny, you have to love you. i admire the spirit and conviction you have. you print every letter , no matter how insulting it is to you. i have to laugh at it all because it is funny, you are doing so well to a lot of other 30 year olds that i know and NO, your not a man...you go with your heart and i love it! i wish i had been at 30 where u are now kiddo.Ruthnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-5296686849036052132011-11-12T09:28:00.971-05:002011-11-12T09:28:00.971-05:00An important thing to focus on with debt I think i...An important thing to focus on with debt I think is to always make sure your dividend income exceeds your interest expense (along with a bit of a cushion in case there are any dividend cuts)<br /><br />- EAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-3214542345453907982011-11-11T21:50:04.366-05:002011-11-11T21:50:04.366-05:00A house- you live with your parents.
Ummmmm.....w...A house- you live with your parents. <br />Ummmmm.....what are you planning to do with all this $$$ you make? Sit and stare at it?<br />So you'll never buy a car or house?<br />Not only are you unrealistic, you're kind of shallow. I've read the mean things you've said about others here in your blog. <br />You're debt ratio has climbed. That's all I'm saying. <br />I examined your debt because I was curious why so much debt. <br />And pardon me, I LIVE. <br />The Dividend Girl is living for emails and blog comments. <br />Aside from living well, I also have a portfolio. I've had it for years. I've made my $200k plus and never went into debt to do it. <br />But hey, if someone wants to live comfortably, I guess they are stupid. <br />BTW.....who pays your parents' bills?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-9021473592308071342011-11-11T21:34:01.028-05:002011-11-11T21:34:01.028-05:00I don't understand some reactions about my deb...I don't understand some reactions about my debt. Those are my debt, not yours, after all. There's an over reaction coming from some jerks.<br /><br />By getting the good looking car and the big house, you are falling into a trap that will drive you no where.<br /><br />You pay more in insurance for a new car. As for the big house, you'll pay taxes on it like crazy, major mortgage payments and you also pay more in insurance for the home, because it's big... You pay more for the electricity and the head.<br /><br />If you want to be part of the hypocrite machine, go for it. However, I won't. Nothing of my money will go into taxes, huge mortgage payments or insurances.<br /><br />It's all about if you have good values or not. Most people are very superficial. And I guess some people don't like to read about what are their complete opposite. In result, I am getting those kind of hateful comments. I am just so perfect, you'll have to learn to live with that you know at a point. <br /><br />I am not very impress.<br /><br />As for the other comment, of course, I am enroll on a DRIP for everything. :)<br /><br />Paying debt is good for people who don't know what to do with their money.<br /><br />I am about to pay off debt soon because I am getting short in investment ideas. As soon I will be at 200k, it will be a different pattern.Sunnyhttps://www.blogger.com/profile/10439081666297874311noreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-39924900522768507722011-11-11T21:06:29.824-05:002011-11-11T21:06:29.824-05:00Driving a nice car, living in a nice house or havi...Driving a nice car, living in a nice house or having 1 million dollars in the bank doesn't define you as a person. What defines you as a person is posting comments trying to put a stranger down. That speaks volume about you.<br /><br />You would think you would have something better to do than track the debt or someone you don't even know. Lots of other people owe a lot more money and doesn't have anything to show for it. At least she has 145,000 in stocks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6818486532233792196.post-49873486286271780532011-11-11T21:00:43.129-05:002011-11-11T21:00:43.129-05:00Hi Sunny, Ryan, et all,
Sunny-I'm not sure if...Hi Sunny, Ryan, et all,<br /><br />Sunny-I'm not sure if you've mentioned this in your blog, but are you enrolled in a DRIP? If so your dividends would be more useful compounding-buying more shares. If not-it'll just be as beneficial in paying off your debt.<br /><br />Anonymous +Ryan-Who cares if Sunny is deeply in debt. It's not her total debt that matters-but she cash flow(hence: one way Sunny can increase her cash flow is if she hopefully gets raising dividends). And the reason I suspect Sunny is only looking at dividend paying stocks is to increase her cash flow.<br /><br />RYan-I love buying other people's mistakes-whether it be in stocks, real estate, bonds, or cars. An example, I picked up a used 2007 Toyota Matrix with only 37,000 kms. I paid less than half of of the cost of a new one(and this one was fully loaded). Turns out someone was renting it and didn't want a good work horse anymore(shame really). I had the cash to take advantage of the situation just like Ben Graham did in 1939 when he invested $10,000 in 100 stocks at bargain basement prices. Oh, and BTW: with my DRIPS I get a certain % off whenever my dividends are reinvested. I call that a bargain.<br /><br />MarkAnonymousnoreply@blogger.com