Lofty.ai: A Glimpse into the Future of Real Estate Investing
Dividend Cultivator
by jimlien
2y ago
A couple months ago I was introduced to Lofty.ai, a real estate investment crowdfunding app with a crypto twist. Some of you may know that I am a fan of the Algorand blockchain for its speed, scalability, decentralization, and focus on bridging the crypto and traditional finance worlds. Lofty is built on Algorand, which makes it a blend of two things I really like: Real Estate and DeFi. A few disclaimers before I continue: I have invested in one of Lofty’s properties and plan to continue investing in them I am in the process of investing in Lofty directly Some of the information below was dis ..read more
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June 2021 Income Report
Dividend Cultivator
by jimlien
2y ago
As dividend growth investors we are focused on generating passive income. I share my side income reports for transparency and to show people that I eat what I cook. In June, I generated $5,267.11 in dividend, interest, and other income across REITs, Stocks, Options, Crypto, and Content. This is in addition to my part-time software job, where I’m not doing too shabby either. If you aren’t aware, I focus on buying well-managed, higher yielding, yet still growing assets, most of which are REITs and MLPs. There are a few C-Corps that still fit the bill, but they are few and far between, altho ..read more
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Why Everyone in Tech Needs Passive Income like Dividends
Dividend Cultivator
by jimlien
3y ago
Quick background. I’m a software entrepreneur. I’ve worked as a software engineer that has helped startups exit to companies like Ring/Amazon, DocuSign, and various private equity companies. I’ve launched and sold my own startup. I’m in leadership at a high growth startup. Generally, I kinda know what it takes to build great products that are “Exit-Worthy”. Ok so let’s put that boring stuff aside. Much like investing, joining a startup is about finding good leadership. Good leaders have taken a bunch of risk to get a business started. This may be their own capital, sweat equity, reputation, cu ..read more
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An Example of “If you can’t buy it twice, you can’t afford it.”
Dividend Cultivator
by jimlien
3y ago
The above is a quote from the famous financial philosopher, Jay-Z. But what does it really mean in all practicality? Does it mean you shouldn’t buy something until you have 2x what something costs sitting in your bank account? You should have 2x the net worth? This post will give a practical example of how I or a Robert Kiyosaki influenced person might look at the situation with everyone’s favorite money topic: Cars. Buying a New Car Let’s say you’re a financially responsible person not wanting to eat $10k in depreciation as soon as you drive a new car of the lot. So you chose a gently used re ..read more
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March 2021 Income Report
Dividend Cultivator
by jimlien
3y ago
As dividend growth investors we are focused on generating passive income. I share my dividend income reports for transparency and to show people that I eat what I cook. In March, I generated $4,445.93 in dividend, interest, and other income across REITs, Stocks, Options, and Content. This is in addition to my part-time software job, where I’m not doing too shabby either. If you aren’t aware, I focus on buying well-managed, higher yielding, yet still growing assets, most of which are REITs and MLPs. There are a few C-Corps that still fit the bill, but they are few and far between, although ..read more
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February 2021 Income Report
Dividend Cultivator
by jimlien
3y ago
As dividend growth investors we are focused on generating passive income. I share my dividend income reports for transparency and to show people that I eat what I cook. In February, I generated $4,490.28 in dividend, interest, and other income across REITs, Stocks, and Content. This is in addition to my part-time software job, where I’m not doing too shabby either. If you aren’t aware, I focus on buying well-managed, higher yielding, yet still growing assets, most of which are REITs and MLPs. There are a few C-Corps that still fit the bill, but they are few and far between, although with ..read more
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Earn Extra Income with Fully Paid Securities Lending
Dividend Cultivator
by jimlien
3y ago
Sometime in 2020 one of my brokers, Ally, sent me an email asking me if I’d like to earn a little extra money by lending my stocks to short sellers. As a fan of making extra money I obliged and thought nothing of it. Fast forward to January 2021 and I checked my account’s cash balance and noticed it was a bit higher than I would have expected given that I typically go broke investing. Some brokers like Ally, WeBull (referral link), Fidelity, Schwab, and others allow you to lend out your shares to short sellers and earn a nominal fee. So how does Fully Paid Securities Lending work? Let’s cover ..read more
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Generate Ridiculous Income with Covered Call ETFs
Dividend Cultivator
by jimlien
3y ago
If it isn’t abundantly clear, I love dividends. They’re super passive and if you buy great companies, you get the trifecta of income, capital appreciation, and inflation beating income growth. However, there are some potential downsides to a simple dividend growth investing strategy: Smaller universe of stocks Potentially lower income Somewhat limited upside because dividend paying stocks are more mature If you’re seeking extra income, you might want to consider Covered Calls (referral link). The nice thing is there are a number of funds that you can outsource this strategy to. GlobalX provi ..read more
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January 2021 Income Report
Dividend Cultivator
by jimlien
3y ago
As dividend growth investors we are focused on generating passive income. I share my dividend income reports for transparency and to show people that I eat what I cook. In January, I generated $3,677.58 in dividend, interest, and other income across REITs, Stocks, and Content. This is in addition to my part-time software job, where I’m not doing too shabby either. If you aren’t aware, I focus on buying well-managed, higher yielding, yet still growing assets, most of which are REITs and MLPs. There are a few C-Corps that still fit the bill, but they are few and far between, although with t ..read more
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SaaS Stocks to Watch 2021
Dividend Cultivator
by jimlien
3y ago
One of my favorite follows on Twitter for growth stocks is Chris Perruna. I’ve known of Chris for over a decade now and have followed his blog forever. His stocks to watch lists have always been fascinating to me so I wanted to emulate that with this post and see how the next 12 months go. He focuses more generally on growth stocks, which includes a number of SaaS names, so my goal here is to focus solely on SaaS. You’ll find that a lot of the names that I list are relatively new IPOs, but that is because they have a smaller market capitalization, are the fastest growing and revenue is the gre ..read more
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