Just found this forum by accident the other day.
Through a combination of good investing and reasonable frugality I was able to retire at 41. Best decision I ever made.
While most of my investments would not be of interest to people one thing I recently started doing may be.
Sharebuilder, a service offered by the same people who own ING Direct Bank, offers a way to do periodic investments at reasonable cost. For $12/mo you can make up to 12 stock purchases with no additional fees. They always offer a $25 sign up bonus and sometimes you can get a $50 bonus. (My $50 bonus came via email from ING Direct. I have an Orange Savings account there.) They also waive the $12 fee for the first month.
My approach was to select 12 different high dividend paying stocks and invest a fixed sum of money in each once per month My goal is to stay with it for a long time and thereby accumulate a sizable income producing nest egg.
My picks are not designed to be diversified. They reflect my desire to get some large cap exposure in industries where I have little or none presently.
This idea won't be good for everyone but the low cost and minimal hassle works for me.
BigJohn
Through a combination of good investing and reasonable frugality I was able to retire at 41. Best decision I ever made.
While most of my investments would not be of interest to people one thing I recently started doing may be.
Sharebuilder, a service offered by the same people who own ING Direct Bank, offers a way to do periodic investments at reasonable cost. For $12/mo you can make up to 12 stock purchases with no additional fees. They always offer a $25 sign up bonus and sometimes you can get a $50 bonus. (My $50 bonus came via email from ING Direct. I have an Orange Savings account there.) They also waive the $12 fee for the first month.
My approach was to select 12 different high dividend paying stocks and invest a fixed sum of money in each once per month My goal is to stay with it for a long time and thereby accumulate a sizable income producing nest egg.
My picks are not designed to be diversified. They reflect my desire to get some large cap exposure in industries where I have little or none presently.
This idea won't be good for everyone but the low cost and minimal hassle works for me.
BigJohn