Quarantine Roundup - Spend Extra Time Reading These Clever Bloggers - Dividend Income Investor (2024)

Quarantine Roundup – Spend Extra Time Reading these Clever Bloggers – Collection of positive articles and income reports.

Welcome to the quarantine edition roundup.

Every so often when my internet browser’s tabs fill up with blogs I’m reading, I like to put together a roundup to share some of the best articles.

I enjoy sharing articles from other bloggers to encourage bloggers to never stop blogging.

So, I present to you the Quarantine reading roundup:

Quarantine Roundup – Spend Extra Time Reading these Clever Bloggers

Staying Unemployed: Why I’m Giving Up On Going Back To Work by Financial Samurai

Link to Article: Staying Unemployed: Why I’m Giving Up On Going Back To Work

In this article, Sam from Financial Samurai discusses the silver lining of staying unemployed during the pandemic.

“If you’re also considering getting back into the labor market after an extended period of unemployment, maybe now is not the right time. Here is what the Financial Gods are telling me.” -Financial Samurai

The article is written brilliantly with an element of satire that only Sam can pull off while still providing an informative post.

Check out Sam’s list of points here.

Quarantine Roundup - Spend Extra Time Reading These Clever Bloggers - Dividend Income Investor (1)Quarantine Roundup - Spend Extra Time Reading These Clever Bloggers - Dividend Income Investor (2)

Extreme Minimalist or Cheap Bastard by Backpack Finance

Link to article: Extreme Minimalist or Cheap Bastard by Backpack Finance

I really enjoyed this post by Backpack Finance, as it highlights how people can be happier with less and the difference between being cheap vs. spending money on things that bring value.

In this article, Backpack Finance explains why he is willing to pay good money for a quality pair of headphones. However, he’s not willing to spend a lot on brand name jeans, because the jeans don’t bring enough value.

I can definitely relate to this article because I’m not frugal at all when it comes to the things I value. In fact, I am usually willing to pay for top quality products. But when it comes to things that don’t bring value, such as cable T.V., I am not willing to spend the money.

To learn more about this concept, check out Backpack Finance’s article here.

March 2020 Dividend Income by Kody’s Dividends

Link to article: March 2020 Dividend Income by Kody’s Dividends

In this well written income report, Kody from Kody’s Dividends discusses how much dividend income he earned in March, and about how he expects to see his 1st $100 month for income by June 2020.

It’s reassuring to see other dividend income investors continuing to grow their dividend income during these times.

Plus, Kody always adds a personal touch by discussing current affairs in his posts. And if you’re a basketball fan, you will enjoy Kody’s posts because he typically talks about his Milwaukee Bucks.

Check out how much dividend income Kody earned in March here.

March 2020 Passive Income Report – $1,252.63 by Passive Canadian Income

Link to article: March 2020 Passive Income Report – $1,252.63

Another income report from another one of my favourite Canadian Bloggers, Rob from Passive Canadian Income.

In this post, Rob shares his passive income totals for the month of March 2020.

As always, Rob is very transparent with the ways he earns passive income. He includes details on which companies paid, which stocks DRIPed, YoY growth, and he even includes how much he earns from solar income by selling it back to Hydro One.

Check out Rob’s latest passive income report here.

September Blog Income Report: How I Made $290.02 by Hustle and Hearts

Link to article: September Blog Income Report: How I made $290.02

“It took me close to THREE YEARS to start making any sort of income from my blog, and my numbers are STILL small.” -Andrea from Hustle and Hearts

I came across Hustle and Hearts recently while searching the term “Monumetric income reports” on Google.

Hustle and Hearts showed up on the first page along with one of my other favourite blogs, This Online World.

Overall, I enjoyed this post from Andrea, the Blogger from Hustle and Hearts, because it was so transparent and honest.

It’s nice to see income reports from Bloggers at different levels, and it’s helpful to see the different ways they earn income.

If you are a Blogger looking into new ad networks, or even on how to market a blog, I would recommend checking out this post here.

Living Off Dividends: How To Go About It & Why You Should by Dividends Diversify

Link to article: Living Off Dividends: How To Go About It & Why You Should by Dividends Diversify

More than ever, dividend income is carrying my portfolio right now during this pandemic. Even though I lost a lot of money in March 2020 on paper, I experienced a new record for dividend income in one month. This is just one of the reasons why dividend investing is my main strategy.

If you are interested in more reasons to become a dividend investor, I would encourage you to read Dividend Diversify’s article about Living Off Dividends.

In this article, Tom from Dividends Diversify tells the truth about dividend income investing. He explains how it is not a get rich quick scheme. But he also discusses how it can be a great way to build wealth over the long term.

Check out DD’s article here.

Quarantine Roundup – Concluding Thoughts

I hope you found this collection of articles from clever Bloggers helpful and interesting.

Or even better, maybe this quarantine reading roundup will help take your mind off the pandemic for a little while.

Although it can be difficult to avoid the noise, there is something to be said about focussing on the positive side of things.

Moreover, it’s probably always better to surround yourself with positivity in life.

If you are looking for a few more ways to stay calm during the crisis, here are a few of the methods I’ve been using.

I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisem*nts by Google Adsense. This post also contains internal links, affiliate links, links to external sites, and links to RTC social media accounts.

Earn passive income through dividend investing with RTC’s link below ($50 in free trades):

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Connect with RTC

Twitter:@Reversethecrush

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Email:graham@reversethecrush.com

Quarantine Roundup - Spend Extra Time Reading These Clever Bloggers - Dividend Income Investor (2024)

FAQs

What did Jl Collins do for a living? ›

JL Collins is a financial expert and author.

The author of “The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life”, Mr. Collins offers easy-to-understand, effective guidance and resources to understand investing with confidence.

What do you mean by investment? ›

An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.

Are mutual funds a form of lending or owning? ›

According to the Securities and Exchange Commission (SEC), “A mutual fund is a company that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio.

What does Jl Collins invest in? ›

JL Collins: Well, VTSAX, which is the fund that I invest in, it's the fund that my daughter invests in, is what's called a total stock market index fund.

Is VTI or VoO better? ›

VTI is a total U.S. market fund and holds more than 3,500 stocks. VTI is better diversified and benefits from small and mid-cap stocks that grow into large caps. VOO is less diversified, tracking the performance of the S&P 500 Index. VOO excludes small and mid-cap stocks.

How to invest money by Robert Kiyosaki? ›

Here are Kiyosaki's six suggestions for how to find money to invest in real estate.
  1. Family and Friends. Raising investment money from family and friends is both the most accessible and the most dangerous way to go. ...
  2. Seller Financing. ...
  3. Cash Flow Financing. ...
  4. Lender Financing. ...
  5. Assumable Loans. ...
  6. Outside Investors. ...
  7. The Bottom Line.
Jan 24, 2024

How to make money according to Robert Kiyosaki? ›

Kiyosaki believes it doesn't matter how much money you have, but ultimately, it's what you do with your money that determines your financial trajectory. The goal is to pay yourself first and always to have money to invest.

How to build a fu fund? ›

Budgeting

There are several ways to budget, but key to building an FU fund is making a plan and staying consistent until you reach your savings goal. If you find it difficult to set aside money for an FU fund, consider starting a side hustle to increase your income.

How should I invest my money? ›

What to invest in right now
  1. Stocks. Almost everyone should own stocks or stock-based investments like exchange-traded funds (ETFs) and mutual funds (more on those in a bit). ...
  2. Exchange-traded funds (ETFs) ...
  3. Mutual funds. ...
  4. Bonds. ...
  5. High-yield savings accounts. ...
  6. Certificates of deposit (CDs) ...
  7. Real estate. ...
  8. Cryptocurrencies.

How to invest money in a bank? ›

However, another way you can multiply your wealth through a Savings Account is by using it to make investments. And the most preferred and risk-free investment avenues are Fixed Deposits and Recurring Deposits. A Fixed Deposit is ideal for those who have a lumpsum amount and want to invest immediately.

Which investment is best for someone who is likely to need cash soon? ›

Best investments for short-term money
When you need the moneyInvestment Options
A year or lessHigh-yield savings and money market accounts, cash management accounts
Two to three yearsTreasurys and bond funds, CDs
Three to five years (or more)CDs, bonds and bond funds, and even stocks for longer periods

What is the best mutual fund to invest in in 2024? ›

  • Fidelity 500 Index Fund. : Best overall.
  • Fidelity Large Cap Growth Index Fund. : Best for growth investors.
  • Fidelity Investment Grade Bond Fund. ...
  • Fidelity Total Bond Fund. ...
  • Vanguard Wellesley Income Fund Investor Shares. ...
  • Schwab Fundamental US Large Company Index Fund. ...
  • Schwab S&P 500 Index Fund. ...
  • Vanguard High-Yield Tax-Exempt Fund.
Mar 26, 2024

Who wrote The Simple Path to Wealth? ›

I didn't learn about investing growing up so I was thrilled to read "The Simple Path to Wealth." Author JL Collins lays out a clear strategy for wealth-building, from debt payoff to investing.

What are the principles of simple path to wealth? ›

Collins's “simple path” is: Spend less than you make, invest the extra in index funds, and stay out of debt. If you follow this prescription, you'll end up wealthy and live a more fulfilling life. The majority of the book focuses on exactly how to invest.

What is the simple path to wealth about? ›

The Simple Path to Wealth is a philosophy that advocates straightforward and time-tested principles of investing. The author, JL Collins, stresses the importance of avoiding complex investment strategies and instead focusing on low-cost, passive index fund investing.

What is the simple path to wealth investment strategy? ›

The Simple Path to Wealth: 5 key investing lessons by JL Collins
  1. Living within your financial limits. The foundation for wealth-building lies in living beneath your means. ...
  2. Putting money into low-cost index funds. ...
  3. Adopting a long-term perspective. ...
  4. Set your investments on auto mode. ...
  5. Don't incur debt.
Dec 21, 2023

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