<![CDATA[Building dividends - Blog]]>Tue, 24 Nov 2015 17:24:45 -0800Weebly<![CDATA[Investing In ETF's]]>Tue, 24 Nov 2015 16:11:03 GMThttp://buildingdividends.weebly.com/blog/investing-in-etfsOver the last few months, I have grown curious about ETF's after helping my father choose investments for his ROTH. My dad is definitely not the financial nerd that I am, so i was looking for a low cost way to keep him diversified, and earning dividends without needing to actively manage a dividend growth investor style portfolio. Mutual funds and Index funds were something i had considered, but after analyzing the fees associated with these funds, I continued looking elsewhere. Finally, i started to research ETF's in depth, with a focus on dividends. This is where i discovered SCHD. 

SCHD (Schwab US Dividend Equity ETF) is a dividend growth ETF that holds many of the aristocrats that we as DGI'ers hold in our personal portfolios.  The expense ratio on this ETF is incredibly low, and the holdings are in large cap, blue chip companies that i know, and that i trust. I plan to initiate a position next month in SCHD for my personal portfolio, as well as my fathers. 

I wish that I had known about this ETF when i first dipped my toe into the investment world. Not only does it hold an amazing portfolio, but trading is free if you have a brokerage account with Schwab. For an investor with very little money in the market, processing fees tend to really take a bite out of your profits. This ETF is a fantastic strategic tool, especially for someone just getting started in the market. 

So what are your thoughts on ETF's? Do you own one, or multiple? Let me know what you think! 

Thanks for stopping by,

Josh @ Building Dividends


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<![CDATA[Recent buy: kmi]]>Sun, 15 Mar 2015 19:02:48 GMThttp://buildingdividends.weebly.com/blog/recent-buy-kmiInitiated a small, speculative position in KMI today. These 14 shares will add $7.14 per quarter to my dividend income. ]]><![CDATA[happy new year!]]>Thu, 01 Jan 2015 22:29:32 GMThttp://buildingdividends.weebly.com/blog/happy-new-yearsHappy New Year everyone! I can't believe that another year has come and gone so quickly. It seems like years pass quicker as I get older. I have to say that 2014 will go down as one of the more challenging, and exciting years that I have experienced thus far in the journey we call life. I would like to use this post to reflect on some of the more important things that occurred in my life during 2014 that I am thankful for. 

One of the most important things I accomplished in 2014 was purchasing my first house. I managed to lock in a fantastic interest rate on a fixed 30 year mortgage. While I certainly do not plan on paying this mortgage 30 years, it is nice right now to be able to focus more capital on investing while having a fixed expense on my residence.  One important advantage to home ownership is that I never have to worry about a landlord raising my rent on a whim. It is nice to be sure of what I will be paying each month going forward. I do pay extra each month to knock down some of the interest, but i also think holding a mortgage instead of trying to pay your house off as quick as possible has plenty of advantages such as taxes, and being able to allocate more capital to investments. At my age, I believe that letting the power of compounding work its magic is much more important than trying to pay off my house as quick as I can. Although I am an avid Dave Ramsey listener, I cannot agree with him on paying off the house as quickly as possible!

The second thing I am thankful for is being able to really dive into the dividend growth investment world. I really got myself into gear this year, and managed to invest in some amazing companies like PG, CVX and MO. I can't begin to express how thankful I am for growing up in the age of technology. The internet has made investing so much easier and accessible to people now versus even 20 years ago. There really is no excuse to not invest in this day and age. Trades are cheap, and tools/knowledge are free for the most part if you practice due diligence and research things properly. As cliché as New Years resolutions are, I plan on making mine right now! I want to introduce at least one person in my life to the investing world. We all know at least one person in our lives with good intentions, but lacking the tools and knowledge to get started. There is no better feeling than giving back, and I think that this would be a great way to do it. A little encouragement mixed with guidance goes a long way. I am 25, but I wish I would have started when I was 15! I think most of us share this conviction.

The final thing I want to cover in this post are goals for 2015. One of the most important things in life is setting goals, and staying motivated. Mixing these two things together will almost ALWAYS yield positive results. It doesn't matter if its weight loss, financial independence, or your career,  without goals we are on an aimless path, bound to make unnecessary mistakes. Here are my goals for 2015, both financial and personal:

-Reach at least $750.00 in annual dividends in taxable brokerage account.
-Invest at least $3,000.00 into RothIRA account for tax year 2015
-Invest in (1) REIT in RothIRA account
-Get a Promotion at Work
-Get LEED Certification at work
-Continue Gym Routine, achieve 175lb weight. Currently 205lbs
-Take girlfriend on vacation, pay cash for entire trip.
-Read at least 1 financial or self improvement book per month from start to finish.

So there you have it! I have plenty of things to strive for in the coming year and I could not be more excited! I had a great 2014, and can't wait to see what 2015 will bring!!

What about you!? What are your goals for 2015? How do you stay motivated? Thanks for reading!!

-Josh @ Building Dividends


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<![CDATA[Welcome to building dividends!]]>Wed, 17 Dec 2014 17:54:21 GMThttp://buildingdividends.weebly.com/blog/welcome-to-building-dividendsI would like to take this opportunity to welcome everyone to my blog, Building Dividends. My name is Josh, and I really appreciate you stopping by to check out my small corner of the internet. This blog is going to consist of a mixture of content, from investments i am making, to financial books i may be reading, and everything else in between. 

I believe sharing knowledge is one of the most valuable tools we have as investors. The internet has been an amazing tool for me thus far. I started out my investment journey as a young guy, with literally zero knowledge of the market, or how to invest properly. Over the last few years, i have manged to stumble across countless investment blogs by mostly self taught guys and girls, who are making a difference in their lives through smart investing in dividend paying stocks. The dividend investment blogging community is rich with extremely supportive, and helpful bloggers. These bloggers continually share valuable viewpoints, and information with each other on a daily basis. I have managed to pick up quite a few useful things over the last few years reading and learning from other bloggers. I started this blog as a way to give back to the people just starting out, as i was a few years ago. I hope to motivate and inspire new investors, much like the people that helped me when i was getting my start. 

Within the next few weeks i plan to update the blog with information about my existing portfolio, as well as any new purchases i plan to make in the coming days. I do have my eye set on big oil currently, and am mulling over making investments in either CVX, or XOM, as they are trading at a fair discount currently. 

My portfolio is not exactly large at the moment, so i am focusing my efforts currently on solid dividend players that pay out at, or over a 3% yield. CVX is currently yielding right around 4%, so this will likely be the position that i add to. 

What are your thoughts? Are there better deals in the market right now? Let me know what you think! Thanks for stopping by.

-Josh

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