I love my dividends coming in, steadily increasing my passive income streams!
In November, two Spanish companies contributed to my dividend income: Banco Santander SA, the largest lender in the eurozone and the telecommunication giant Telefonica SA. Read more… »
In terms of the financial markets, some massive sector movements following the US presidential election caught my attention: consumer staples stocks such as Nestlé, Diageo, Henkel (brands: Persil, Perwoll, Syoss, Schwarzkopf etc.), Beiersdorf (brands: Nivea, Eucerin, Labello etc.) and Coca Cola declined in a range of 5 to 10 % in just a few days. Money flew into cyclical stocks, into banks and healthcare companies and I wouldn’t be too surprised if these sector rotations continued so, at least in the near term. Read more… »
Slowly, but steadily increasing.
October was an extremely successful month in terms of our finances. We increased our savings rate well above 65 %, the best result ever (see page savings rate)! Our average rate for the current year now stands at 55.2 %.
But most important, my family and I have a great time. Being more conscious regarding our resources and our spending habits intensified our focus on meaningful things in life and gradually transforms it even to the better. Over and over again we are making the experience that a down to earth lifestyle makes much happier than costly habits. Read more… »
Two British companies contributed to my October dividend income of 95 Swiss Francs (trades more or less at parity to the USD): Diageo, the world largest producer of spirits and of beer and GlaxoSmithKline, one of the leading pharmaceutical companies in the world. Read more… »