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🎩 Do You Want to be Old 💰 Money? What I'm Doing!

Welcome back fellow traders! I hope you have been enjoying your summer as I have been. It’s been a really busy one for me but as the summer comes to an end I will be putting a lot more of my attention back into the school and my trading. I have already started preparing by reading some new book on portfolio management and dividend stock investing for long term wealth.

Boy oh boy I have a lot of things to share with you in the coming months.

One of the things that I have been learning - that has really got my brain thinking about the possibilities - is dividend investing. It is such a powerful way to multiply your returns. If you can manage to buy a stock that pays dividends when it is inside a major demand zone and price rallies then you are on your way to making some serious returns longer term.

Needless to say I will be incorporating some of the new things I am learning and using the supply/demand analysis I have cultivated to greatly increase the returns I can make.

I have already shared with some of you on the Telegram channel and within some of the sessions we’ve done that I am opening up investment accounts for my daughters. I will also encourage them to earn money by doing some select chores around the house. We will tally up their income each month and transfer the money into their trading accounts. We will then discuss some assets that can be purchased and then monitor those assets growth throughout the years.

I essentially want to prepare them for their future of always incorporating saving, investing and managing of their portfolios. I’d like for them to one day be able to live off of their investments so that they can choose to live life the way they want to and not be dependent on ‘having’ to work a specific job to make a living but instead doing what they love. If that means they make an income from what they love all the better but the idea is to set them up in such a way that they will be able to continue building what I start for them now and to one day pass this on to their children.

It’s incredible to think that there are already “Old Money” families out their living off of dividend income from the massive principle they have accumulated throughout the years. Well it’s never too late to start as long as you start! I’ll help you get there!

Kevin Araujo

1 comment

1 Comment

i have already initiated positions on my daughters accounts in $PEP $QSR $TLT and will be adding more when the right time comes.

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