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Wednesday, January 17, 2018

My Story

Hello, 

I started this blog because I wanted to share my journey to financial freedom and I wanted to help others achieve this same freedom. Below is my story and how I chose dividend growth investing:
I graduated college in 2013 with a degree in computer information systems. After graduating and working an IT job I quickly realized I did not want to do this for the rest of my life. I think its pretty crazy that it is the norm to work a 9 to 5 job and retire when you are 65.

Most people don't even like their jobs and yet they work them for 40+ years!? This is a crazy concept to me and I was not happy thinking this would be my life for the next 40 years. I first looked into penny stocks and saw that they could provide a get rich quick payout and then maybe I could get out of the 9 to 5 world. 

This was a mistake. 

I ended up losing some money on them and learned that penny stocks are not a viable investment strategy at all. 

Fast forward to Spring 2014 and my brother told me about a blog called "Dividend Mantra" and the idea that someone was going to invest in dividend paying stocks and eventually rack up enough passive income through dividends that they would be able to retire early.

I looked up this blog and became fascinated by the idea. It all sounded so simple and easy. I guess I had never thought of the idea because it seemed like it would take forever. However, the compounding effect really speeds things up and I decided I would give it a try. 

Fast forward to 2018 and I'm on track to make at least $4,000 in dividends this year. 

So how did I do it? 

I started investing as much as I could as often as I could in high quality dividend growth stocks. This meant taking a look at my budget as well to see if I could trim any expenses that were not necessary. I quickly was able to invest about $1,500 a month in dividend stocks. 

Now that my salary has increased a little and I'm getting about $300 a month in dividends I'm closer to $2,000 a month invested. 

I'm not sure when I'll be able to retire just yet, but I know that if I keep up the pace I should have a very sizeable number by the time I'm 35 and I may be able to retire by the time I'm 40. This would be an incredible feat as I would save my self 25 years of dead end work. I'm currently 27 years old as of November, 2017.

Now I started this blog because I feel like I've developed a knack for picking high quality dividend stocks and managing my money. I want to be able to help people achieve the financial freedom I'm striving for. I will post frequently about many financial topics and my journey to financial freedom. 

If you have any questions please feel free to ask. 

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