Monthly update – February 2019

There is a first time for everything. This is my first monthly update on European Dividend Blog ever! Congratulations to me.

The blog is actually gaining some traction and there are more followers/readers than I would ever expect after just two months blogging. Thank you for that. I know my English skills are not the best, but I actually started blogging in English to educate myself and improve my skills in this language. I promise I will improve along the way!

On the personal side we have sold our house and we are moving out in April. I don’t share a lot about our personal finances, but maybe that will change along the way with this blog.

The sell of the house was good news for us. We are planning to move to a cheaper part of Denmark closer to our parents. I have quit my job and got a new one also near by the city of our parents. It is a big change in our life but our investment strategy shouldn’t be affected by this.

The sale of the house means we most likely will have some spare cash to spend after the purchase of a new house, and I really don’t know what to do with this. That is something to figure out in the next couple of months.

Dividends

In February I received my first dividends!! YAYYYYY!!

Here are the BIG numbers. Prepare to be blown away:

Kinder Morgan = 11,24 DKK
California Water = 4,41 DKK
SparIndex World = 16,35 DKK
SparIndex C25 = 28,91 DKK
Gladstone Investment = 6,72 DKK

Total = 67,63 DKK / 10,3 $

This will cover 0,3 % of my monthly expenses 🙂

I know it is almost something to laugh about, but I am actually just really happy to be on my way. My strategy is to invest small in a lot of different companies to lower my risk. That means I will receive a lot of small dividends throughout the year. Hopefully we will see a big increase next year, and the year after that, and the year after that….

Favorite posts

The best way to make great stuff is to steal from the best. In these monthly updates I will copy the work of Carl from moneymow.com and give you my top three favorite posts from the dividend, FIRE and personal finance ‘blogosphere’ the last month.

Stockles – Arne is no longer anonymous. In this post he reveals his identity and tells an honest story about love, investing and life decisions.

WannabeWalden.com – Louis at Wannebe Walden have made this post, where the FIRE guru Jakob Lund Fisker’s answer from a Facebook group is re-posted. Jakob Lund Fisker is a great inspiration to me, and his answer in this post could persuade anyone to chase FIRE.

RouteToRetire.com – Ever dreamt of moving to another country with better weather? RouteToRetire are planning to move to Panama in the summer of 2019. In this post he explains some of the thoughts behind the big move.

See you in my next update. /EDB

Heja Sverige! New stock buys extravaganza

As I told you in my last post the difference between Danish and Swedish kroner is at a favorable rate (for Danes) right now. Therefor I turned to my watch-list of stocks and found some Swedish dividend stocks to pick up.

This really pins out why it is important to have a watch-list with a lot of stocks on it. Maybe I should write a post about it later on.

By having these stocks in my searchlight I could react fast when the currency hit a low yesterday. My broker have certain rules for minimum buys, and regarding Swedish stocks they have a minimum buy amount of 1.000 Swedish kroner – but with the low rate on Swedish kroner that meant I could buy a lot of different stocks for a small amount of Danish kroner.

These are my buys yesterday:

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Why you should settle with less but strive for more

There are thousands of analysts, experts, experienced traders, hedge-fund managers, billionaires, scientist and geniuses trying to beat the stock market. What makes you think, that you can do a better job?

We are all trying to pick the best stocks possible, but everybody can’t beat the market. But I think you can beat the market if you settle for less than the best possible stocks.

To simplify this, I’ll define that you can beat the market in two ways:

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What I would do if I were in my twenties

I know it is odd to get life advice from a 35-year old. Life advice usually comes from celebrities or old people.

But I think it is great to get advice from someone who stills remembers how it was and has a somewhat good idea of how the worlds works today.

This makes the advice more realistic and more down to earth than say an advice from Kanye West or my wifes grandmother who’s 87 years old.

Here is my list of things I would do if I was in my twenties:

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