08-18-2015, 05:06 PM
This is a very important topic, great thread.
It's something I am very guilty of, I do not have a clear objective for my investments. I haven't put as much thought as I should. I'm in my early 20's, and initially I thought that this will be a nice form of passive income in about 18 years when I'm 40.
I have also thought about going into real estate. Possibly in about 10 years borrowing against my portfolio to purchase a condo and using the dividend income to help pay off the monthly payments while leasing the condo.
However, there are people likeDividendMantra, who inspire me to save a higher percentage and look to retire as early as 40. There are many options I suppose
Mostly just thinking out loud right now, but for the time being, I'm just focusing on being frugal, investing 100% into big stable companies that dish out dividends, enjoying life, and pursuing my academic/career goals.
It's something I am very guilty of, I do not have a clear objective for my investments. I haven't put as much thought as I should. I'm in my early 20's, and initially I thought that this will be a nice form of passive income in about 18 years when I'm 40.
I have also thought about going into real estate. Possibly in about 10 years borrowing against my portfolio to purchase a condo and using the dividend income to help pay off the monthly payments while leasing the condo.
However, there are people likeDividendMantra, who inspire me to save a higher percentage and look to retire as early as 40. There are many options I suppose
Mostly just thinking out loud right now, but for the time being, I'm just focusing on being frugal, investing 100% into big stable companies that dish out dividends, enjoying life, and pursuing my academic/career goals.