New year and a new me.
Maybe a bit of a reach, but I have a new stock strategy at least. The strategy is an outcome of a new broker and their beneficial pricing regarding stock purchases in smaller amounts.
Until now I have used Nordnet as my only broker. They have no fees besides a trading fee of 0,1% This is quite good, but there is a minimum trading fee of 3,8€ and over 10 € for US stocks. There are many great dividend stocks in the US, so this price is a bit steep for my taste.Read More
I know the title is somewhat of a cliffhanger – so dear reader: Please hang on. I will get to it in the end.
First I would like to explain our current situation. We have decided to move. The 1st of march we move from Denmark’s second biggest city to a smaller (cheaper) town. It is closer to our parents, which is the main reason for the big decision.
The decision has a major impact on our life. We need to sell our current house. We need to find a new home. We need to find daycare and jobs and so on.Read More
We have liftoff!
It feels so great to be underway on my (hopefully) big FIRE adventure. My strategy is to buy different dividend stocks. In a later post I will explain my strategy in detail along with my criteria for buying a stock.
But enough talk and to the business: My first buy is danish company Novo Nordisk. They make medicine and their key business is insulin for diabetes patients.
- Novo Nordisk a/s
- Stock price: 40,20 €
- P/E: 18,89 (source: nordnet.dk)
- Dividend (2018): 0,76 € (bi-annual)
- Dividend ratio: 37 %
I have bought 19 shares resulting in a forward dividend of 14,47 € per year.
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Welcome to European Dividend Blog!
Here I will post my journey towards FIRE (Financial independence retire early). I will primarily blog about dividend stocks and crowdlending. My goal is to create passive income to replace my normal income within 10-20 years.