Dividends4Life: This Week's Carnivals

This Week's Carnivals

Posted by D4L | Friday, December 07, 2007 | | 8 comments »

It was a busy week for Carnivals! I participated in two Carnivals. Details of each are listed below.

I. This week's Carnival of Personal Finance #129 was hosted by Cash Money Life. For those readers not familiar with the CoPF, it's where personal finance bloggers submit their best articles of the week with one blog doing the hosting. The entries are separated into categories including Budgeting, Career, Credit, Debt, Economy, Frugality, Investing, Money Management, Real Estate, Saving, Taxes and Other.

This Carnival included my article The Most Important Financial Statement. Articles I enjoyed reading included:

  1. 5 Lessons Monopoly Can Teach Us About Real Estate Investing by TwoWiseAcres
  2. November Cashback Rewards: 2.8% by Me vs. Debt
  3. The 10 Most-Hated Money Saving Tips by Free Money Finance
II. Also hosted by Cash Money Life was the 1st Carnival of Financial Goals - 2008 Resolutions Edition. This carnival is focused primarily on 2008 Financial Resolutions, but includes other financial goals as well.

This Carnival included my article on Investing Goals. Articles I enjoyed reading included:
  1. The most important financial lessons by Father Sez
  2. Earn a stable monthly income by Mrs. Micah
  3. Reassess expenditures and financial planning by Me, Only Better
There are some really good articles presented, please take time and read a few of them.

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  1. Anonymous // December 7, 2007 at 10:36 AM

    Thanks again for checking out my article. I subscribed to your blog hoping to learn something about dividend investments. I'd like to get a taste for it before I'm ready to invest (in about a year when I'm out of debt). Honestly I'm not sure where to start. Do you have any suggestions for beginners?

  2. D4L // December 7, 2007 at 12:26 PM

    Thank you so much for stopping by and subscribing. In my opinion you are doing the right thing first - getting out of debt. You should be commended for that!

    As for getting into investing once you are out of debt, I would suggest using this time to start educating yourself and developing your personal investing philosophy. To accomplish this you might want to read some good books on dividend/value investing and set up a "play" portfolio where you can select stocks with play money and test what you are learning (play losses are painful to the ego, but not to the wallet).

    Learn from everyone, follow no one. Find different sites that you trust and learn from them, but never blindly follow anyone's investment path. We all have different objectives and risk levels - there is no one size that fits all. Ultimately, we are responsible for our own actions.

    Again, keep plugging away at reducing your debt. I have always been a strong advocate of becoming debt free. I think that is what first attracted me to your article.

    Debt in my opinion is the number 1 reason people fail to meet their financial objectives. Our society is designed to allow people to mortgage their future for the pleasures of today. Congratulations for taking charge of your future.

    I am not a financial advisor, so I can't tell you what to do; but I would be glad to hear how it is going with your quest. Feel free to email me or leave a comment any time.

    Best Wishes,

  3. Anonymous // December 7, 2007 at 1:01 PM

    Thanks for the link! :)

  4. D4L // December 7, 2007 at 6:40 PM

    Mrs. M: It was my pleasure. Thanks for dropping by!

    Best Wishes,

  5. Father Sez // December 7, 2007 at 8:46 PM

    Hi, D4L,

    Thanks for the mention and the link.

    Having a steady crop of dividends from well chosen dividend paying and stable companies, is a great way to grow our savings.

    I am sure many will benefit from blogs such as yours.

  6. D4L // December 7, 2007 at 9:18 PM

    Father Sez: Your article struck a chord with me. I have a 12 year old daughter and a 10 year old son. I too am trying to pass along the financial lessons that I have learned over the years.

    Thank you for visiting my blog.

    Best Wishes,

  7. BB // December 8, 2007 at 9:20 AM

    I'm afraid you misattributed an article to me: the post you said I wrote, "5 Lessons Monopoly Can Teach Us About Real Estate Investing", is actually by Two Wise Acres. I wish I had written but no such luck!

  8. D4L // December 8, 2007 at 9:31 AM

    Brip Blap: Thank you for pointing that out. I have made the correction.

    Best Wishes,

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