Romes Blog

Investing, Dividends, Financial News, and my Personal Portfolio.

Informational

What is Dollar Cost Averaging?

Consistency is key when it comes to investing. Building this trait up in yourself is crucial if you want to succeed and have a nice retirement income later in life. One way to help build this up and achieve your goals would be something that is called Dollar Cost Averaging or DCA. This simply approach to investing can help you grow your portfolio without sacrificing your wallet. This term may sound confusing but I assure you it is not.

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Credit

Why Owning The Fidelity Credit Card Makes Sense

Investing can be a challenge for everyone. Finding the right stocks, knowing when to buy and sell, and having the funds to actually invest. The first two can be solved with google and the X community where there is thousands of resources at your fingertips. For funding, I suggest getting a credit card that will earn you cash back that you can use towards your investment account.

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Stocks

Earn $800 a Month Off Dividends!

Retirement should feel like a well-deserved vacation, not a money scramble. One way to make your golden years shine is through dividends. But what exactly are dividends, and how can they help you during retirement? Let’s dive into the treasure trove of benefits that dividend payments can provide and how you can earn $800 a month off dividends.

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Portfolio Update

July 2024 Dividend Income

This month was a bit slow going but I managed to remain green. I had some financial bills to take care of so my Roth IRA contributions lacked substantially this month. I started July with $1,862.02 and ended the month with $1,938.77. That is only a $76.75 addition for the month. However, that is part of the journey and I am ok with that.

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