Monday, September 23, 2013

Why this blog?

Welcome to my blog “Financial Dividends”!  Before your eyes glaze over and you click the mouse key to move to the next site, let me explain why I started this blog. 

I am passionate about personal finance and investing!  My passion developed over time through the study of written material, finance courses and most importantly through real world practice. 

Through this blog, I hope to pass on the lessons I have learned, or that I am currently learning on building wealth.  The basic building blocks of building wealth have stood the test of time.  These are the same lessons that Grandma used to teach!   

The thoughts I intend to present to you will not get you rich quickly.  I have no idea how to get rich quick but I do know there are numerous “smart” people on the internet that have figured out the secret.  I will let you decide which approach is best for you. 

Building wealth is a process that takes time.  There are several steps to building wealth.  This blog will present the steps that we have taken, are taking or will be taking to become wealthy.  We are still in the process of building wealth. However, we have reached the latter stages of the process.  Steps that we took more than 25 years ago are reaping rewards today. I will share with you some our mistakes but, more importantly, our successes.

As a Canadian, some of the specific examples will definitely have a Canadian bias.  However, the majority of the posts and principles apply regardless of where you call home.

Only you can decide what it looks like to “become wealthy”.  For some it may mean having a net worth of one million dollars.  For others it may mean never having to work for a paycheque again.  For others it may mean being able to retire with the knowledge that you do not need the financial help of government or family to enjoy your remaining years.

Building wealth is a journey.  Like any journey, it is important to begin with the end in mind.  I welcome your feedback on my posts.  Please feel free to share the steps you have taken in your journey.

Once again welcome to my blog. I wish you well and trust that you will find my posts useful and will provide a simply roadmap to follow while on your journey. 

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