Comments on: No Emergency Fund Yet? Invest in Dividends as A Bridge

By: The 5 Things You Must Have In Your Emergency Stash at Home | Emergency Cash | Emergency Envelopes

Wed, 17 Feb 2010 09:32:08 +0000

[...] No Emergency Fund Yet? Invest In Dividends As a Bridge [...]

By: Debt Decisions — P2P No Bank

Debt Decisions — P2P No Bank — Sun, 07 Jun 2009 19:48:44 +0000

[...] No Emergency Fund Yet? Invest in Dividends as A Bridge It can take a while to build up an emergency fund. Besides, you’ll probably need more than one. You need a “big” emergencies fund for things such as accidents, deaths, or job loss. But you also need a general “unexpected contingencies” fund for expenditures that aren’t family or life and…… [...]

By: Some Ideas For Stabilizing Your Income If You’re a Freelancer or Self-Employed | MoneyEnergy

Mon, 11 May 2009 19:28:59 +0000

[...] (5) Invest in dividend-paying stocks such that you receive monthly payments. Although there is de facto a certain degree of risk involved in stocks, there is also a wide range of risk, where some companies can be considered less risky than others (in usual circumstances). Nevertheless, one great thing about dividend payments is that they do come on a consistent basis, and you might even get a “raise” once or twice a year if you choose the right companies. Since stocks pay quarterly, just line up the dates of three different companies (at a minimum) so their quarters line up such that you receive a dividend payment at roughly the same time every month. This option will take quite a bit of money to work into a meaningful-sized income, but the idea is great, and it’s something to work towards. This is also a great way to build up an emergency fund. [...]

By: Don’t Wait Until You’re 50 To Start Preserving Your Wealth | MoneyEnergy

Wed, 06 May 2009 07:27:36 +0000

[...] do you think? Do you do something similar? I’ve also posted about how I use my dividends as a strategy for building an emergency fund. This is effectively doing the same [...]

By: Here’s Why You Should Ideally Have Four Emergency Funds | MoneyEnergy

Here’s Why You Should Ideally Have Four Emergency Funds | MoneyEnergy — Mon, 27 Apr 2009 07:00:52 +0000

[...] Mexico has got me thinking again about the nature of emergencies in our lives. We often speak of setting up an emergency fund as a basic of financial planning – and I’m not disagreeing with that – but we also usually [...]

By: Mexican Swine Flu Pandemic? Protecting Yourself In The Event of An Emergency | MoneyEnergy

Sat, 25 Apr 2009 18:26:05 +0000

[...] is a case in point as to why it’s important to have an emergency fund. You might consider starting an emergency fund just for such extraordinary situations as [...]

By: How Should You Spend Your Tax Refund? | MoneyEnergy

How Should You Spend Your Tax Refund? | MoneyEnergy — Mon, 20 Apr 2009 08:01:19 +0000

[...] buy dividend stocks – this is a great way to add another income stream. If you set up a schedule of 4-8 dividend payers in your brokerage account, you can receive monthly payouts in cash or let the cash build up as its own emergency fund (my own current strategy) while you work to build your emergency fund proper. [...]

By: My February 2009 accomplishments | MoneyEnergy

My February 2009 accomplishments | MoneyEnergy — Sat, 28 Feb 2009 17:35:10 +0000

[...] bought $1500 of dividend-paying stock* [...]

By: My Keys To Financial Success | MoneyEnergy

My Keys To Financial Success | MoneyEnergy — Sat, 14 Feb 2009 22:21:02 +0000

[...] your emergency fund. You’ll be “killing two birds with one stone” if you follow the method I suggest. (3) Number three is to only use credit cards for online purchases and purchases in places that [...]

By: living green

living green — Thu, 16 Oct 2008 00:42:15 +0000

Great idea. I would have never thought of investing in dividends. I agree that having an emergency fund is essential if you want to live a comfortable life. You just never know what is going to come up and having those funds is like a security blanket.