Why are you saving so much?

Back in December my family went to Berlin to celebrate new years eve there. In Berlin It's called "Silvester".  It was a great time. The times when I'm most happy, is when my entire "core family" is together, meaning me, my brother, my sister, brother in law, and my parents. Somehow it brings me great joy to see them all together at the same time.

Back then, my brother in law asked me the following question: "Why are you saving so much, and why are you investing it?"

To be honest, I didn't have an answer ready, and just said "I don't know, Isn't saving money the right thing to do?" and that was the end of the conversation really. Deep down I knew this wasn't the answer that really did it for me, recently i started thinking about this, a lot. This simple question really struck me, why am I saving my money, why am I not enjoying it now? 

Fast forward to today, I started thinking about that question. And I came up with what is the right answer for me. Even though, I couldn't articulate that question in the way I wanted to five month ago, I can do that now.

I have the passion to be rich, I don't want the two million dollar house or the Bugatti, I want the independence, I am desperately craving it. 

I've turned 23

This week I've turned 23. It was a great day spent with my family. This is a nice time to look back at some things I've achieved over the last year.

Life is really about incremental improvements, going to bed every day a little wiser, a little richer, a little more closer towards you goals. I can proudly say that I'm exponential wiser now that one year ago when I turned 22.

I'm still light years away from my goals, but I'm getting there, step by step, dollar by dollar, book by book.
I didn't realize though that I made quite some progress in the last few years. I'm sitting on a blue chip portfolio that just crossed the $37.000 mark, pumping out dividends. I have no debts and each day I learn new things about investing, finance and accounting, the field I love.

Thank you everyone for reading, and good luck with your milestones!

Latest buy: GE

In April I haven't bought any stocks, instead I accumulated some cash. A lot of dividend growth stocks are pricey. There are a hand full of stock that I like at today's prices. Those include Chevron, Exxon, General Electric and IBM.

Toying around with the idea of buying Visa

Really, Visa? As a dividend growth investor my main goal is to create a portfolio containing high quality dividend paying stocks, which hike their dividend yearly, giving me an ever growing passive income stream of dividends to, finally, live off.

The portfolio's of fellow dividend growth investors are typically stuffed with stocks like Coca-Cola, Procter & Gamble, Exxon, Chevron, Johnson & Johnson, General Mills, Wal-Mart Stores, McDonald's and Philip Morris. Notice how Visa is not on that list.