![]() Per Webster Merriam the formal definition follows. When you use your resources for one thing you are giving up alternative uses for that money. It’s a specific example of how opportunity costs work. ![]() The concept highlights how small purchases everyday add up to big money over time – in this case exemplified by a daily $5 latte. The term “Latte Factor” was popularized by David Bach in his best-selling book, The Automatic Millionaire. Take whatever path(s) suit you best, just make sure you are regularly making investments. I like Vanguard in general for investing but also put money into real estate, businesses, private loans, and a variety of other productive uses. Whether you invest in the above options, or other funds, or start a business, or other productive use matters far less that simply taking dollars away from spending and directing to investing. With investing in general, a huge part of the equation is simply taking funds and putting them to work. Current yield is 2.96%, included in chart below. I have a bent toward international investments in general, given that most of our income and assets are tied to the U.S.Ģ. Current yield is 5.19%, included in chart below. Vanguard Total World Stock Index Fund Admiral Shares ( VTWAX). Essentially, values influence the stated yield on a percentage basis but the dollar amount dividends don’t usually change, at least for healthy companies.ġ. I also enjoyed the perspective by Jeremy Jacobson of Go Curry Cracker on Episode 169 of the Meb Faber podcast – highlighting that absolute dividend payouts per share typically don’t fluctuate in the same way that stock values do. I like the below dividend funds because of a personal preference for accessible dividend payouts, though this likely reduces the overall long-term return. In general I prefer a “total market” fund – like Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) – as long-term growth / appreciation is likely to be better than dividend funds that lean toward mature or potentially declining companies. The funds are shown below, but I agree with the many articles that point out chasing dividend yield is dumb. I’m currently investing in a couple of funds focused on dividend yield. Relentless fixation on gas prices is probably not going to yield strong returns but you do you. Sharing a couple of funds I’ve been investing in, as recent conversations have included this discussion. We’ll see how investing in crypto works out over the next few years. There’s a referral bonus of $10 if you’re interested in trying out the platform. Additionally, they have a credit card with Bitcoin rewards which looks really cool but I probably won’t generally use since the reward rate is 1.5% – not bad but I mostly use my Capital One Spark cards at 2% cash back. So by putting money in BlockFi you have exposure to the ups and downs of the value of the crypto you own, and also earn interest on the holdings. (I don’t even know what those coins are.) Bitcoin is the largest cryptocurrency and earns 4.5%. The rates vary but currently range from 3.25% for Pax Gold to 9% for DAI. You purchase cryptocurrencies on the platform, and then earn a yield / interest rate on the holdings. ![]() So I decided to dip my toe in the cryptoverse with some small weekly investments in Bitcoin, Ethereum, and DAI on BlockFi. I’ve listened to a few episodes of Animal Spirits with the head of BlockFi and found the premise of the platform interesting. Market cap of 10 biggest cryptocurrencies, as of 12-10-2021 from I’m fairly skeptical about cryptocurrencies, but as the market continues to grow (Bitcoin total market cap is approaching $1 trillion) I feel that I need to have some exposure and a better understanding of the potential and pitfalls. ![]() ![]() John P Anderson on COVID-19 Antibody Testing – Now Included with SD Blood Bank Donations.Hiking Cowles Mountain – Big Rock Trail (NE Trail) – John P Anderson on 5 Peak Challenge at Mission Trails Regional Park = #awesome.Creating an LLC – Quick Guide – John P Anderson on Real Estate Liability Protection – “The Protection Pyramid”.A Guide for Organizing a City's Short Term Rental Compliance - FINANCE MAG on Short-Term Rentals in San Diego – Economic Impact Analysis Report (Oct 2017).California Student at Home? Check Your Mail for $738 Per Student.5 Peak Challenge – Kid’s Winter Break Edition (2021).Please enter your email address to get new posts direct to your inbox. ![]()
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