Dividend Digger

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Category: Asset Assessment (page 1 of 2)

Cumulative Progress Report

For the last 3 years I’ve been living in an isolated part of northern Alberta working as hard as I can putting in well over my 40 hours a week working health care in 2 different Hospital and 1 Ambulatory care facility. I’ve Been in the north since I was 22 years old and coming here my biggest focus was get out of debt, other than that I really had no idea what I was going to do after that. Well it really didn’t take me as long as I thought it would to clear my debt but lo and behold your time is well compensated for working and living in isolated places if you have a skill.

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The Next Phase, Recent Buy, & Asset Assessment January 2016

Hey everyone, I hope the New Year has been treating you well. I know we are only about a month into it but oh my do I ever feel as though the priorities of my life changed so much. I will always make Financial Independence one of my main focuses, but I’ve been thinking about this for a while now and I have decided to make real estate and home ownership another big priority.

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Asset Assessment and Dividends for November 2015

For this entry I would like to share with you a quote that I to this day still look back on and use to remind myself to keep focus of whats truly important in life.

“You will find no one willing to share out his money; but to how many does each of us divide up his life! People are frugal in guarding their personal property; but as soon as it comes to squandering time they are most wasteful of the one thing in which it is right to be stingy”

                                                                                -Seneca

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August 2015 Asset Assessement

I hope everyone has had a terrific summer. I know sure have, unfortunately due to all this fun and excitement I have had this past month, I not only have put my website to the side, I also put investing on to the side. However there is some degree of method to my madness.

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July 2015 Asset Assessment/Recent Buy

Summer so far has been pretty amazing. This summer in particular I managed to spend more time around home and camping in the great north. This lifestyle of minimalism has really helped me enjoy this summer more. Not to mention keeping busy with working and all my outdoor activities sure has kept my mind off these poorly performing Markets, so it Is less likely to let my emotions get the better of me in these times of “discount prices”.

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Asset Assessment

Damn another month has already passed us by, they weren’t kidding when they said time waits for no one. No wonder you hear of people saying, if you haven’t started investing already, start now because that’s precious compounding time being wasted. With current affairs occurring my portfolio is starting to take a pretty good beating, but I still stand by the companies I own and this is why I love investing not only for the long term but also the style of dividend investing. Continue reading

Asset Assessment

Keeping this post short and sweet, here is another update on the assets I have been building since starting this journey back in November 2013. With a little over $16,000 net worth it’s pretty awesome to see this number steadily climb its way up as time goes by.  I still to this day live by very simple financial rules, which is pay yourself first, make your money work for you, and keeping debt low. Realistically it doesn’t matter if you making 6 figures or not (it certainly helps but ultimately it isn’t the key factor in wealth accumulation) because at the end of the day consistency will be the biggest factor in your success.

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Asset Assessment

It’s pretty insane how fast it feels when time passes us by, I’m stilling tripping over the fact that we are already midway through April. Sometimes I feel as though a majority of us aren’t fully aware of how much of the year has “really” gone by. I say that with conviction because, it was only today I realized that after this month is over will we have almost gone through half the year.

 

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Asset Assessment

For me net worth is only one of the few metrics I use to calculate my success, and progress. Not to mention I truly do believe that anyone who wants to excel in their own personal finances should track their net worth on a regular basis. It’s a great way to stay accountable for all your expenses and keeps you aware on where your hard earned money goes. I think it is safe to say during February, my expenses were higher than they have been compared to prior months. Continue reading

Asset Assessment

I still can’t believe that last year my net worth was just below $20k. Starting that year I had no idea what I was capable of. In the beginning of 2014 I had modest goal to reach a net worth of $70K, but after getting more into this lifestyle and meeting more people who have a similar passion with early retirement, I began to get even more aggressive, and decided that my new goal was to reach a net worth of 100k before the year was over.

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