by Hello to you and welcome to my website, buy, hold long.
My name is Caleb and I am new to the investment game. I have only been investing since October 2016 where I have bought my first shares. Typically, I look for a high dividend yield (if possible) and then I also look for growth. Most online brokers have some excellent tools on how to use this and I may bring a tutorial on how I search for mine specifically if that peaks anyone’s interest.
I am a graduate civil engineer living in South Australia with a little bit of disposable income. I am typically used to living by myself or with room mates, and living on a tight Uni budget. Living away from home to study taught me some valuable skills in life and also my future financial independence. I learnt to live well below my means, if that means not eating out with friends, then that’s what I did. My friends would go out for dinner, drink plenty of beer and then wonder at the end of the week where their money went…. it’s pretty simple but some people just don’t see it like that.
Now some people will call me a tight arse, a cheapskate, a money horder etc etc. and maybe I am a little bit. The way I see this, and I do this everyday, if I think to myself, maybe I’ll bring lunch to work today instead of getting subway. Saving that $10 on a sub means another $10 of shares I can buy. That excites me… is that lame? Yes. Is it dorky? Yes. Is it a means to an end? Also yes.
If I can save extra money and put that towards my retirement, then sure, now I’m $10 closer to retiring. Go me!
Well enjoy the blog, be sure to comment on my useless ramblings. Stay, enjoy and discuss.
-Caleb.
BHL,
Have fun investing. I know I enjoy it. And good luck to you.
DM
Thanks Div Monkey. I haven’t been doing this long but it’s almost becoming an obsession of mine already.
Appreciate your comment.
Happy to have found another investing blog. Look forward to following you on your dividend growth/investing journey. Just be careful of buying unsafe high yield. I know yields can be tempting but they often disappoint over the long run.
Thanks for the advice DivHut.
I am only new to investing so I appreciate the comments. Be sure to check back every now and then for future updates. I would like to be very active with this blog.
Appreciate your comments. Thanks
Welcome to the community BHL! You passion and journey sounds very much in line with what the two of us are trying to do on our website. Hey, that extra $10 can go a long way and each additional $10 you save adds up quickly…you’ll see the impact once the consistent dividend checks start rolling in. Looking forward to following along and getting to know you throughout this journey!
Bert
Thanks DD. I’m always looking at ways to save some money and increase my long term wealth. Even starting at the little things. Thanks, Caleb.
Welcome to the club lol. Lots of good advice out there but also do your homework. I see you bought a Nz company I own 2 of them Chrry and spkky I think spark. Good luck in your endeavors.
Thanks mate, I have seen Spark before, looks like a very good buy with constant income. Well done.All the best for 2017.
Welcome to the community! Always nice to see a new blog getting started with similar goals and objectives. You’re right by saving $10 a week that adds up over time. In a year you have saved over $500 and by investing it to work for you, now its making you even more money. Can’t beat that logic.
I couldn’t agree more. Making your money work for you is one of my main goals.
Hey Caleb,
I’m wishing you all the best reaching your goals faster than you planned.
Be passionate, bring value and you will succeed.
Cheer’s
Thanks Matan, I am working everyday so I can reach my goal. Cheers
BHL, saw your blog on The Wannabe Investor, another Aussie blogger here and great to read about the start of your journey! Looking forward to following along the way and keeping each other motivated
Cheers and keep on keeping on!
Jef
Thanks Jef. I appreciate the comment. Keeping others motivated is important, I hope my blog motivates others to try to increase their net worth over time. Cheers.