Thanks for the kind words. I’m glad you found some inspiration in my blog. Inspiration is exactly why I work so hard, share so much, and put out the best content I can.
Sounds like you’re definitely on the right path here. Your huge savings rate will allow you to quickly build a high-quality portfolio.
Keep up the great work. Looking forward to seeing where you’re at by the end of the year. Great things are still ahead!
thank you very much for commenting! I will work very hard to get the saving rate as high as possible without sacrificing my quality of living. I’m also very curious about where my journey lead me by the end of the year. Hopefully I’ll reach all my goals!
Thank you for your inspiration!
Welcome to the wonderful world of FI, you choose one of the best as Dividend Mantra for your inspiring model.
You will find our quest very interesting and you will enjoy writting.
thank you for your comment and encouragement!
Best of luck to you!
Man, you have many awesome opinions here. First, I love the picture at your header. I can imagine myself in there on a beach, having a drink and enjoying my life…
I also do not like the 4% withdrawal strategy. I think that’s for suckers who mostly outlive their portfolios, so good job you sat down and did some research finding other ways to save and create income without touching a principal generating that income. In that case you will never need to worry about the overall value of your portfolio. A panic sell off on Wall Street? Who cares as long as you get your increasing dividends. So while 4 percenters will tremble and panic, you will end up laughing and buying more shares.
Martin, thank you very much for your nice comment!
One day I will put the dividend rider into the header picture – so you could see me riding on a wave of ever increasing dividends while enjoying a drink on the beach. At the moment the wave consists only of a few splashes, but soon there will be the very first tiny wave with more bigger waves to follow. 🙂
And you’re right about the panic sell off – but with one limitation. You’ll only keep calm if you bought quality stocks before. For example, a business development company(BDC) which gets dumped and received a market price far below his net asset value(NAV), will not be able to issue new shares without further erosion of NAV and thus destroying the underlying business. This wouldn’t let to sleeping-well-at-night situation. So these risks are something to be considered while adjusting the composition of a personal portfolio.
Thanks again and best of luck to you!
Hi, I like your strategy. Unlike yourself I started at early forties and my first picks were in the 4% plus yield range to build my 150k portfolio. Now I am adding higher DG stocks through the income stream. It workes well. Good luck!
DGI, thank you for visiting my blog!
I hope the strategy will work for me as well – we’ll see in some years. Currently I’m burned by chasing the yield of the various offshore drillers as you can see in my portfolio page.
Good luck to you too!
Thank you for sharing this blog with us and your journey DivRider. It’s nice to be travelling along with like minded friends. Like you, I was also influenced by Jason at Dividend Mantra. He’s a wonderful person and has planted the seed in me on Dividend Growth Investing.
Hope we have a wonderful time on this awesome Ride my friend.
Hope to see many posts. Cheers.
thanks again for your visit and comment!
This journey is going to be awesome! I’m really glad to have you on board.
And I’m looking forward to your next post, too!
Cheers & good luck
I just started a Net worth Blog, I would like you to check out my portfolio if you have the time.
Any feedback would be appreciated
Nice to find a fellow dividend investor in Central Europe, and blogging in English… keep up the good work. I am thinking of starting a blog too, to document things in a more easy manner… what platform would you recommend?
thanks for your visit & comment! Yes, please start to blog. It’s a good opportunity to learn to write in English (I only was used to read in English) and to create an archive for your journey which is going to be very long.
I’m using WordPress because it’s easy to maintain (automatic updates) and you can easily customize the theme. I’d further recommend to put your portfolio/dividend payments/goals etc. into Google Spreadsheet and embed it in your blog, so you don’t have to repeat the update of your positions in the blog. You’re only managing your Spreadsheets and the updates will appear automatically on your blog.
If your going to buy your own domain, I’d check if you could hide your address from the domain name registrar in your country. In Germany this is not allowed, so I had to registrate the domain in the US.
Hi, I have moved my site over to http://othalafehu.com any of my old wordpress subscribers(like you) would need to go to the new site and resign up for email alerts about new posts, thanks!
I am looking forward for your analysis and researches in Europe shares as I mostly invest in euro zone stocks. Good luck with your portfolio and don’t stop rolling dividend ball.
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