While not a dividend stock, my next purchase will be the biopharmaceutical company CSL Limited (ASX:CSL). My main focus for my forever portfolio is dividend producing stocks that will probably still be growing and paying me an income in 10 years time. So, big blue chip stocks growing slowly but surely each year with a total shareholder return of somewhere close to 10 percent … [Read more...] about Why I like CSL Shares ASX:CSL
The first thing I did earlier this year when I decided that I had to do something about the financial mess that I had created for myself was to come up with a number that would fix all of my problems, allow for a little luxury, and would pay me an income for the rest of my life. I called it my freedom from slavery number as if I attained this amount I would never have to work … [Read more...] about My Freedom from Slavery Number: $4.5 Million Dollars
I've decided to post my stock portfolio even though it's looking pretty pathetic at the moment. It's really just one small lot of shares in the Commonwealth Bank of Australia and some left over dividends that were paid out years ago from some Coca Cola Amatil shares that I sold. I'll update it each month as I plan to add to it every month, even if it's the minimum amount … [Read more...] about Stock Portfolio
I bought another tiny lot of Commonwealth Bank shares (ASX:CBA) this month and in this post I'll explain why. It was a tiny lot as I'm still broke and destitute but I plan to buy shares every month, even if it's the minimum amount allowable. The important thing for me is to have more income producing assets than I had last month and to do this every single month! This is my … [Read more...] about Why I like Commonwealth Bank of Australia Shares ASX:CBA
If you've spent any time at all looking through the business section of a newspaper or taken any notice of the financial news on TV you've probably heard them mention ETFs or Exchange-Traded Funds. They're becoming more and more popular each year. Basically, an ETF is an investment fund that tracks an index (could be stocks, bonds, etc) and is listed on a stock exchange. An … [Read more...] about What is an ETF or Exchange-Traded Fund?