The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

  • SPONSORED: GiganticWebsites.com: We Build Sites with THOUSANDS of Unique and Genuinely Useful Articles

    30% to 50% Fastlane-exclusive discounts on WordPress-powered websites with everything included: WordPress setup, design, keyword research, article creation and article publishing. Click HERE to claim.

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Join FREE
Download Books
No Ads? Join Insiders
Free registration at the forum removes this block.

Search results

  1. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    End of April Update: Kind of a turbulent time in the stock market right now, but the portfolio is performing quite well. We're sitting at a valuation of about 116k right now and the dividend income is a little over 400/mo. The ETF's I've bought recently have overall been hammered pretty hard...
  2. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    That's just my brokerage dashboard. No special trading tools. Any of the big-name brokers should have this basic functionality, but if not you can also use Personal Capital.
  3. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    End of March Update I forgot to post last month... As of now we're sitting at a portfolio value of just over $114k and a current (average) monthly dividend distribution of... Really happy with the dividend growth since last time. $400/mo was a landmark goal I set for myself and I plan to...
  4. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Yeah, that's a great way of putting it. And congrats on your success thus far! Of course I want to get the best return + cash flow on my capital, and although dividend investing is a pretty slow process it's just the best place I've found so far to put my savings. I have not found a business...
  5. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    January 2022 Update Alright, so we've had some turbulence in the stock market and the fund is sitting at a value of about $106k right now. (Didn't lose as much as the S&P500, which is to be expected as this is a fairly conservative portfolio) I was honestly hoping for a larger correction so I...
  6. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    DECEMBER/ END OF YEAR UPDATE The dividend portfolio grew from 99k at the tail end of November to 107k as of now. That's nearly all down to capital appreciation. The dividend payout grew to just over $350 per month, as a result of shifting things around within the portfolio. I'm focusing more on...
  7. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    @WJK thanks man. End of November Update Again, this month was pretty slow in terms of business income. The fund did jump up to over 100k for awhile, before falling back to just under 99k due to the current volatility in the stock market. We're sitting at a monthly dividend of $330 right now...
  8. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    @Martzee Yeah man, I've checked out your website and you are absolutely killing it. A lot of people have said that the snowball effect really starts to pick up once you pass 100k. @Raven S Welcome, glad to have another investor on board!
  9. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    End of October Update This month, I did not add very much dough to the fund and fell a bit short of my goal. Right now, the fund is sitting at a value of about $98k and producing just over $320 per month in dividend income. I'm taking some time each day to learn photoshop, with the intention...
  10. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    End of September Update We saw a bit of a pullback in the market this month, and subsequently the portfolio value is sitting at about $95k. However, the dividend income has grown to $310 per month. One of the nice things about dividend investing is that the dividends tend to move independently...
  11. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Correct me if I’m wrong, but my takeaway from MJ’s books wasn’t that investing in the stock market is a bad thing, but rather that it’s not a reliable method to achieve wealth at a young age. To that point, if you check out my most recent update you’ll see that I’m still working on the...
  12. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    I certainly hope that it won't take decades and decades for the portfolio to be worth anything, but I guess we shall see. Personally, if I could get this thing to the point where the dividend income is covering my rent, I would consider that to be extremely valuable.
  13. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Hey, you might be right.
  14. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    @WJK Thanks man, but the dividends only make up a small portion of the portfolio's total return. The portfolio has also gained about $12,000 this year due to capital appreciation alone. The reason I don't pay much attention to this number is that I don't intend to sell my shares, so the capital...
  15. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    End of August Update It's been an interesting month, I have been throwing a few darts at the wall to try and grow my ecommerce business and researching ways to boost my investment income on the side. I also turned 26 last week. On the investment side of things, the portfolio is currently...
  16. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Update – 7/31/2021 The Dividend Growth Portfolio is currently valued at $92,332 And produces just over $280 per month in passive dividend income. So, after doing this for a few weeks I am thinking that a posting schedule of once per month would be more appropriate. Dividend growth...
  17. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    UPDATE – July 24, 2021 Hello and welcome to my weekly post in which I document the process of building an investment portfolio in real-time. The goal of the portfolio (called the Dividend Growth Portfolio) is to provide an ever-growing stream of passive dividend income while delivering total...
  18. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Quality is the Name of the Game (Update: July 17th, 2021) This week, the focus was on quality. On Monday, I purchased shares in Johnson & Johnson (JNJ), Kimberly Clark (KMB), and Clorox (CLX). By all means, these are “boring” companies to invest in but I am excited nevertheless because they...
  19. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Update: July 10th, 2021 On Monday, I purchased shares in Clorox (CLX), Verizon (VZ), and Prudential (PRU). I’m particularly excited that Clorox is trading at a reasonable valuation. This appears to be a rare deal on a high quality business. Clorox has increased its dividend for 44...
  20. Colton

    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    Update – 7/3/21 On Monday, I purchased shares in the following businesses: Kimberly Clark (Consumer packaged goods) Verizon (Telecom) Lockheed Martin (Defense) Campbell Soup Company (Consumer packaged goods, food) American Electric Power (Utilities) Pfizer (Healthcare) Bristol-Myers Squibb...
Top