Comments on: Are You Planning On Knocking 2015 Out Of The Park? I am.

By: writing2reality

writing2reality — Wed, 04 Mar 2015 22:02:11 +0000

I certainly hope I make it, although it is going to be pretty tough. I’ve got to get some serious capital to work over the next few months to have any chance.

If you feel you’re limited by not having access to that capital, you could always look to do a refinance if you’ve got some substantial equity but are a ways away from paying off the mortgage. Either way, you’ll find a way to maximize your capital over the next year or two and should be in a much different place than today!

Keep up the good work, and thanks for stopping by.

By: DivGuy

DivGuy — Wed, 04 Mar 2015 20:01:08 +0000

My pleasure! Cheers!

By: CharlesMakesCents

CharlesMakesCents — Wed, 04 Mar 2015 14:40:47 +0000

Good luck hitting that $5,000 + mark! I’m pretty jealous (although also excited for you)! We unfortunately came to the game pretty late, and Marie and I are hoping to hit just $1,000 in divs in our taxable accounts this year.

Our returns are hampered by the significant mortgage paydowns we did right after buying our house. That said, I know that the $50,000 we dropped in early payments will ‘yield’ $1,500+ in reduced interest expenses each year from here on out, come hell or high water. I like to think of it as the “bond” in my portfolio, which frees me up to buy all stocks in the market.

Keep on saving,
Charles

By: writing2reality

writing2reality — Wed, 04 Mar 2015 13:10:57 +0000

I’m glad you gained some inspiration from it, that means a lot. Plans are always meant to guide you on a path, but not necessarily be the only method of going from point A to B. There is always the chance something comes up and throws a monkey wrench into the middle of things, and at that point it is a matter of adjusting and driving forward again.

Thanks for the visit HMB!

By: HappyMoneyBags

HappyMoneyBags — Wed, 04 Mar 2015 04:16:13 +0000

Very inspiring post. I am still formulating my plans, but mine are more about exploration at this point. I wish you luck, but am confident in saying you’re already ahead of the curve.
Take care.

– HMB

By: writing2reality

writing2reality — Sun, 01 Mar 2015 19:42:11 +0000

Automation is the key for long-term success in my opinion. Trading time for money is only a short-term solution, and finding ways to scale will be difficult. You’ve already found a path with your business that I believe could turn into something over the long-term that will maximize that time to money ratio. Once everything is set up, your time will be reduced and your income will go up.

You’re doing well with the blog. Accountability is key with any goal setting pursuit, and by posting regularly and interacting with others you’ll find the motivation to hit your goals will stay high. I’m happy to have set clear goals for myself, however if an opportunity comes down the road that overturns the apple cart, I’m happy to adjust and continue moving forward.

Best of luck and thank you for stopping by Felix.

By: Felix Money

Felix Money — Sun, 01 Mar 2015 18:52:44 +0000

You’ve already achieved a nice chunk of income from passive sources. Good for you! Having that money come to you automatically is great. I need to work on that, myself, the most passive I’m getting is with the rentals, and that has it’s periods of hard work.
I am sure you will definitely hit your goals this year, you seem focused and organized about it.
I also love writing down goals, and having my new blog helps with keeping me accountable. I try to map out exactly what I need to do to achieve my goals, but often times, things change and I have to constantly adjust. That’ s OK though, I think you need to be flexible and allow for adjustments, that’s life and things happen.

By: writing2reality

writing2reality — Sun, 01 Mar 2015 16:39:51 +0000

Wow, DD, thank you for the kind words. I’m happy to be in a position to grow my asset base and procure income producing assets.

By: Dividend Dreams

Dividend Dreams — Sun, 01 Mar 2015 16:32:08 +0000

You are knocking it out of the park. Nice work. Couldn’t be happening to a nicer person.

By: writing2reality

writing2reality — Fri, 27 Feb 2015 19:50:22 +0000

Thank you for the well wishes. I hope to hit all my goals this year, and as a result, lay a heck of a foundation for future growth. Best of luck hitting your goals as well.