Monday, October 4, 2010

Why I Got Into Investing

Inspiration strikes at odd moments. I am at this moment feeling very inspired about my chosen career as an investor. I am as yet unsure as to what form my career will take, but I do know it will involve investing.

I was immediately aware of the potential to generate heaping great wads of cash through investing, if one but knows the way. Indeed, I can not see how there is any other option that holds any greater potential for riches than does investing.

Investing Ho!

Tuesday, August 10, 2010

DRIPs RULE!

I have accounts at three different financial institutions, but I have finally realized that I may not need to use any of them very much if I start investing in DRiPs! Why? Because many companies allow you to buy directly from them, thus enabling anyone to invest without using a middle man, and without any fees! You may have a one-time fee to purchase your initial share but after that - booyah, baby!

Monday, August 2, 2010

DRIPs! - Dividend Re-Investment Plans!

DRIPs are amazing! They are plans that let you automatically use any dividends you get to buy more stock! Think about it: You only ever need to pay a broker's fees once! Buy a large lot of a company that you see lasting for like forever, and have the dividends continually re-invested to increase your holdings without having to pay anymore fees! The savings will add up!

"Dividends Rock" - Expert.

I have been planning to build a portfolio out of stocks in Canada that pay big dividends and that are companies that will be around for the long run. I have been planning to start with the Big 6 Banks, and here is an expert who agrees: http://www.theglobeandmail.com/globe-investor/investment-ideas/lets-talk-investing/finding-fat-dividends/article1592166/

Monday, July 26, 2010

Getting Rich the Easy Way!

Hallo.

I was uninterested in money for years and years and years. I dunno, it just never interested me. Now it sort of does and I am trying to figure out, what is the best way to make the most amount of money? It's a hard question. So many people have so many different answers - and some of them are just trying to screw you out of your money!

So, after thinking long and hard, doing my research, and chatting with the people I know, I have at long last come up with a kind of strategy for investing.

In Canada, any dividend payments you may receive from any stocks you own, will be taxed very lightly - about half of what other types of income are taxed! Not bad!

I like dividends. They are cold, hard cash paid out to you at regular times. How could that be a bad thing?

Basically my plan is to fill up a portfolio with big, tried, tested, and true dividend paying stocks, like the Canadian banks, for example, and just go from there.

Wish me luck!

Thursday, June 24, 2010

How to Make Bank

Make Bank - it means, to get rich. I haven't always wanted to do this. For a long time I ignored money completely. But not, my interests have turned to the shiny stuff, and I am going to Make Bank.

If you want to learn how to get rich just like me, stick around, and pay attention!