04-05-2022, 12:12 AM
While it's not a great situation for anyone, I actually think that us who mostly live on dividends have it better than those on a salary. At least that seems to be the case, for now, on this side of the big pond.
Most of my friends are still getting 1-3% raises this year, and this is before taxes. Current inflation number for the Eurozone is at 7.5%.
I haven't done the math on it, but I'm expecting my dividend growth to be somewhere around 10%. And obviously for the bigger companies it'll take a while to be able to transfer inflation costs to the consumer, and even longer for that to show in dividend increases.
Also, now that I do not have to go anywhere if I don't want to, it's quite easy to save money by just driving less. It's somewhere between $9 and $10 per gallon here, (seriously, when are you guys switching over to the metric system??) so it's a big expense that can easily be reduced for those lucky enough who don't have to go to work with a car each day.
Most of my friends are still getting 1-3% raises this year, and this is before taxes. Current inflation number for the Eurozone is at 7.5%.
I haven't done the math on it, but I'm expecting my dividend growth to be somewhere around 10%. And obviously for the bigger companies it'll take a while to be able to transfer inflation costs to the consumer, and even longer for that to show in dividend increases.
Also, now that I do not have to go anywhere if I don't want to, it's quite easy to save money by just driving less. It's somewhere between $9 and $10 per gallon here, (seriously, when are you guys switching over to the metric system??) so it's a big expense that can easily be reduced for those lucky enough who don't have to go to work with a car each day.