The post 3 Dividend Stocks to Beat the Heat this Summer appeared first on Dividend Power. Summer in America brings long days with beach vacations, barbecues, and travel for many families. Americans often spend more on discretionary items during these three months. As a result, it’s a good time to add stocks of companies that benefit from the summer months to your portfolio. For instance, airlines and hotels are often busier from June to August […]

A reader writes in, asking: “What is your view on owning TIPS ladder (Bogleheads preferred) or short term TIPS fund when the majority of expenses are covered by pension and/or social security which are COLA adjusted. One view I read is from Charles Ellis, who views all sources of stable retirement income (pension, social security) as bond like assets, essentially an indirect TIPS ladder.” On the “should Social Security or a pension be treated as […]

Let’s be honest — most of us have made a few money mistakes. I know I have. The problem isn’t the mistakes themselves. It’s when they become habits, doing damage in the background while life carries on. The good news is that recognising these patterns is genuinely half the battle. Once you can see what’s … Read more

I previously did not want to take time off during the summer, but now that my kids are both school age, I do it because A) It’s cheaper than summer camp, going away on a road trip is cheaper than paying for two kids to … Read morePF Blog Round Up: Summer Camp Edition The post PF Blog Round Up: Summer Camp Edition appeared first on Genymoney.ca.

Let’s be honest. Anyone who says they don’t need money is either independently wealthy or lying. Money helps pay bills, create opportunities, reduce stress, and fund the things we enjoy. Some people see money as power. Some see it as freedom. Others see it as the source of problems. That complexity is why so many…

                                                           The month of May 2026 is another month of dividend income landing in my accounts.  Due to becoming debt free, I changed my pay myself model. Starting the beginning of August 2021, I am paying myself 30%, just like before. This will now consist of 24% […]

SpaceX officially went public on Friday, opening at $135, and closed that same day at $160.95/share. The 19% gain was enough to boost Elon Musk into a financial orbit all on his own – he’s officially the world’s first trillionaire! Most people cannot conceive of how much a trillion is. I remember when my girls were young, I had a children’s book, How Much is a Million? by David M. Schwartz. It’s a great book, breaking down the abstract concept of a “million” into units that young minds can comprehend – for instance explaining that a million kids, stacked on each other’s shoulders, would reach the moon! Or that if you counted to a million, it would take about 11 ½ days.  Toward the end of the book (which is mostly about understanding a million), there are a few pages that delve into how much a billion is, and a trillion. I was probably 32 years old at the time of reading this book, and I remember it blowing my mind. As an example, imagine a number line that ranges from 0 on the low end to a billion on the high end. 0————————————————————————–1 billion Where would you think 1 million belongs on the number line? If you’re like most people, you’d place it approximately half-way in-between the two. M marks the spot for where most people would say 1 million lies. 0——————————-M——————————————1 billion Is this approximately where you would place the million? If so, you’d be off by a little bit. Turns out, the million would be placed nearly on top of the zero. It’s only 1/1,000th of the way to 1 billion. The number line should look more like this: 0M————————————————————————–1 billion As it turns out, humans are really bad at perceiving these high numbers! We have a hard time conceptualizing 1 million. We really cannot come close to conceiving 1 billion.  And then…there’s 1 trillion. As I mentioned before, to count to 1 million would take 11 ½ days – that’s if you are counting continuously without sleeping, eating, or stopping. Counting to a billion (at the same rate of speed), would take 31.7 years.  Counting to a trillion?  That would take 31,709 years. Like I said, we humans are really bad at conceiving of just how large these numbers are. So back to Elon. World’s first trillionaire.  To put that amount of money into perspective, here are some stats. His net worth is larger than the entire national GDPs of Sweden, Ireland, or Taiwan. It’s double the GDP of Musk’s home country, South Africa. His wealth is more than the combined net worth of the next five richest global billionaires put together.  It’s a lot of money. There’s Reddit threads popping up to discuss all the humanitarian and philanthropic things that could be done with that much money. Threads like, “If you became a trillionaire and could end world hunger today, would you?” lead to interesting conversations. I’m less interested in debating Elon Musk specifically than

When we had our financial epiphany back in 2011, we were drawn to dividend growth investing. Why were we attracted to dividend growth investing? First, we liked the idea that we could live off dividends … Read more