your personal finance guru for financial independence
Bitcoin or the most popular cryptocurrency available today has been having a great bull-ish run in the recent past. Bitcoin crossed the long-awaited USD 20,000 threshold in December 2020. In fact, the Bitcoin value has almost increased 6x during 2020, despite the global COVID-19 pandemic still underway. With Bitcoin sitting at its highest value right […]
One of the main drawbacks when it comes to investing in the stock market is the commission fees that we have to pay for an intermediary (usually a stockbroker) for every trade that we do. Both when we buy and sell stocks, we are obliged to pay either a flat fee or a percentage fee […]
‘Frugal Living’ or ‘Frugal Lifestyles’ have been given a bad rep by people who associate the term with being ‘cheap.’ But there is a world of a difference between these two concepts and inherently people want to be ‘frugal.’ Being ‘cheap’ is when you sacrifice ‘quality of life’ for the sake of saving money. However, […]
Ever since I started making my own money, I was intrigued by the stock market and the fascinating stories about traders who buy and sell shares of companies and making profits. So, I also dipped my toes in these strange waters of the share market. I got into day trading as a novice and had […]
Making a sufficient dividend income that you can depend on as your main source of income is the ultimate dream of any dividend investor. You do not have to buy and sell shares, constantly monitor the stock market, or worry about the share price ups and downs when you rely on a dividend income. Sounds […]
If you are on a journey towards your financial freedom, building one or more sources of passive income is a must. Among these options, creating a lucrative dividend portfolio is a beautiful dream we all want to realize. However, there is a little more to it than just picking some dividend-paying stocks. In this article, […]
In a previous article, we talked about what a passive income source is and compared it with an active source of income as well. However, as a refresher, a passive income is a side-hustle–some stream or a collection of streams of income to support your main income source. Now, more than ever, it is crucial […]