Dividend Digger

Compound interest is the eighth wonder of the world. He who understands it, earns it . He who doesn't, pays it.

Month: September 2014

September 2014 Dividends

Ahhh dividends, how great is it that we live in a world where you can literally get paid for doing nothing.  One of the most motivating things for a Dividend Growth Investors is seeing those dividends grow and grow with each month. With September coming to an end, I am pleased to announce that it was another successful months of getting paid to be awesome (I wish).

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Invest in Yourself

 

My mother phoned me a couple weeks ago telling me about one of my great aunts who has been very sick for the last couple months is now in the hospital struggling to fight her cancer. Needless to say she has never been this ill in her entire life. Hearing this news from mom was a real eye opener for me, it’s easy enough to just say that we cannot take our good health for granted but to actually live our lives enjoying the moments we have when we are in the peak of our physical health wellbeing is often something we over look. In the community of money savvy bloggers we sometimes focus too much on the numbers. So concerned, that we are willing to sacrifice more than we should just to see that number get a tiny bit bigger.

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Recent Buy

 

Today marks the day I add my first American Company to my RRSP. The company I choose was General Electric. I purchased 58 shares at $28.39 (CAD). This purchase now brings up my annual dividends an extra $55.63. I wish I would have had enough capital to start a DRIP position but unfortunately I wasn’t able to save nearly as much as I wanted to his time around.

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Asset Assessment

Update on the liquid asset department. Even though I didn’t save nearly as much as I wanted to I still managed to put away some money. My current goal for 2014 is to have $100,000 in liquid assets and when I include my tax returns I’m sure I will come fairly close.

As of September 7, 2014

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How I Use Money to Gain Happiness

We hear from time and time again of those individuals whose lives are worse off after winning the lottery. It’s also of no surprise that some of the rich and famous are depressed. So evidently the statement that happiness can be purchased is invalid. Now don’t get me wrong, money is great after all many of the choices I make on a day to day basis revolves around money. I love tracking my finances, and I love watching my savings and investments grow. Actually I think it is safe to say that my quality of life is increasing as I accumulate more capital. To say the least I’ve been happier since starting dividend growth investing.

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