Overview of Passive Income Investing

Blog Posts
What is this thing called "passive income?"  And where can I sign up to get it? Speaking broadly, I define "passive income" as "money I do not have to work to receive."  Another way to say this is "income from assets you have purchased."   Or "income from your investments," such as dividends from stocks, interest from CDs, bonds, savings accounts, and loans, rents from real estate, and book or film royalties.   None of this money is truly "passive," because you either have to earn the money to generate the revenue (and manage the investments once made), or purchase and manage the real estate generating the rents, or write the book that pays you royalties, etc. But for all of these categories, you do not have to get up…
Read More

Dividend FIREman’s Dividend Portfolio

Blog Posts
Symbol Last Price $ Quantity Price Paid $ Total Gain $ Total Gain % Value $ AAPL 176.42 105.4215 92.468 8830.3641 90.4 18598.461 GE 17.76 480.7324 25.7028 -3855.271 -31.1083 8537.8071 MRK 56.22 168.7709 54.706 235.5458 2.5457 9488.3011 PFE 37.13 315.2062 29.168 2492.7381 27.063 11703.6077 VFINX 249.36 46.58 136.0969 5235.8144 82.0741 11615.1888 VZ 53.25 214.2144 46.0653 1509.0989 15.2468 11406.9157 XOM 82.94 160.4528 86.6538 -635.8574 -4.5601 13307.9561 PSX 99.98 129.5837 66.1088 4379.1662 51.0594 12955.7783 S 5.6 130 5.67 -9.1 -1.2346 728 KR 27 389.4507 21.12 2276.0848 27.6255 10515.1678 BRK.B 199.34 20 132.93 1318.21 49.3972 3986.8 DDD 10.15 130 59.905 -6498.12 -83.1215 1319.5 TITXF 0.2917 1500 1.65 -2047.44 -82.3923 437.55 MDT 83.43 145.7085 49.0399 4997.0305 69.7965 12156.4585 T 38.46 395.0234 34.0466 1716.4551 12.737 15192.5984 HAWK 34.45 24 0 826.8 0 826.8 PYPL 75.32…
Read More

My Investments (My Cash FIREhoses)

My Cash FIREhoses
I have five main Cash FIREhoses (sources of passive income): Brokerage account with a dividend portfolio Mutual fund portfolio Online high-yield savings account Hard Money real estate loans 3 home rental portfolio. Here is a breakdown of each account, with holdings and totals for each account: Investments (these are my Cash FIREhoses) Account Balance/Equity  Dividend/Interest Estimated Earned in 2017 (dollars flowing from my Cash FIREhoses) Rate of Return (cash flow)** Dividend portfolio $347,525.87 $8,140 2.44% Mutual fund portfolio $726,225.61 $15,100 2.18% High Yield Online Savings Account $130,818.10 $818 1.25% Hard Money Real Estate Loans $114,081.86 $4,100 6.6% Rental Homes (3 so far, leveraged with 25 percent downpayments) $91,250 $50 (just started this project in December 2017) -0- Totals $1,409,901.44 $28,208 2.00%   Many financial professionals will tell you that you…
Read More

Who is Dividend FIREman? (this is my “hello world” post)

Blog Posts
Hi and welcome to my blog!   I created Dividend FIREman to chronicle my personal journey from the poor house to FIRE (Financial Independence Retire Early). “Retiring early” is a relative term when applied to my life.  I am a 53 year old professional living in a large southern city, who spent the first 47 years of his life making a ton of money and squandering most of it.  Seriously, you will be pissed off that I earned so much, and then spent so much.  In 2012, I got divorced and was introduced to a nasty concept called “lifetime alimony.”   The world also slapped me in the face with the cold reality that I had no money and a mountain of consumer debt. But I am living proof that it is…
Read More