Entries by mdfarragher

The future is going to hit us like a ton of bricks

Almost everyone my age has been raised with the ideal of a single lifelong job. My parents hammered the message into me that I should find a single stable occupation and hang on to it for as long as possible. This would create an unbroken pension history and guarantee a solid pension when I retire […]

Online Training – the first two months

Two months ago I launched my 6th income source by publishing an online course called C# Performance Tricks: How to Radically Speed Up Your Code. I published my course on the Udemy platform, a rapidly growing online learning community with almost 7 million active subscribers. Today it’s May, more than two months later. So how […]

The One-Man Enterprise

Four years ago my wife introduced me to a fascinating game called Cashflow. In the game you start out as a plumber, a lawyer or a doctor and try to raise your income as fast as possible. The objective of the game is to reach a point where you can stop working. In game lingo […]

Fishing for special dividend

For my day job I am working at a company in the heart of Brussels to support a large Sharepoint migration. This company has a restaurant that offers free soup in the morning. So every day at 11:00 a long queue will form, with people lining up and eagerly anticipating the soup of the day. I […]

My dividend income for March 2015

Eight months ago I decided to become a Dividend Growth Investor and become financially independent. Every month on the 8th and the 24th I have invested €1000 in new stocks. If I keep this up, 15 years from now my stock portfolio will grow large enough for me to be able to pay off all […]

My income in February 2015

We are well into March right now, so it’s time to review the previous month and analyse my secondary income. How did I do? As you may remember I set myself a goal to create 10 separate and independent sources of income. With 10 income sources, if one source suddenly stops, I will still receive […]

Portfolio update

Seven months ago I decided to become a Dividend Growth Investor and become financially independent. Every month on the 8th and the 24th I have invested €1000 in new stocks. If I keep this up, 15 years from now my stock portfolio will grow large enough for me to be able to pay off all […]

My two new income sources

As you may remember I set myself a goal last year to create 10 separate and independent sources of income. With my income coming from 10 different sources I will be protected from layoffs. If my day job were to suddenly end, I will still receive 90% of my average monthly income from the other […]

Portfolio update

Six months ago I decided to become a Dividend Growth Investor and become financially independent. Every month on the 8th and the 24th I have invested €1000 in new stocks. If I keep this up, 15 years from now my stock portfolio will grow large enough for me to be able to pay off all […]

My income in January 2015

We are well into February right now, so it’s time to review the previous month and analyse my secondary income. How did I do? As you may remember I set myself a goal to create 10 separate and independent sources of income. With 10 income sources, if one source suddenly stops, I will still receive […]

An unexpected present from LVMH

January is a boring month for me in terms of dividend. I try to spread out my dividend income as evenly as possible over the entire year, but it is difficult. In Europe companies do not pay out dividends every month. Some companies pay everything in one go, others spread the dividend out over two […]

My income in December

When building a stock portfolio everybody agrees that it is wise to diversify. Investing 50k in one company is obviously a bad idea. What if the stock suddenly crashes? But invest 1k in 50 different companies and suddenly your risk is reduced enormously. Those 50 companies are not all going to crash at the same […]