tag:blogger.com,1999:blog-5599017594616837319.post8023582312402103707..comments2023-07-08T10:54:11.279-07:00Comments on My journey to financial independence - www.niterainbow.com: March 2015 update ($277,620 -$17,851 or -6%)Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5599017594616837319.post-63533268325005511852017-02-07T17:41:52.902-08:002017-02-07T17:41:52.902-08:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5599017594616837319.post-16493808720847774902015-05-23T16:53:53.982-07:002015-05-23T16:53:53.982-07:00Hi DivHut. Thank you for stopping by.
You are abs...Hi DivHut. Thank you for stopping by. <br />You are absolutely agree on my way to Financial Independence and Freedom I am looking at dividend income, rather than portfolio growth. I think I will give myself another 5 years, before I need to start closing in and shifting some of the investments from stocks to bonds. As you could tell about 25% of my investments are currently in cash. This will change towards end of the year, should everything go well. I want invest in the stocks and shares I have understanding. If I do not I bet conservatively and do mutual funds. However, to be perfectly honest I think this is next big bubble (mutual funds).Financial Independencehttp://www.niterainbow.comnoreply@blogger.comtag:blogger.com,1999:blog-5599017594616837319.post-63861201521051427922015-05-15T17:35:53.352-07:002015-05-15T17:35:53.352-07:00Great looking update. Of course, being a dividend ...Great looking update. Of course, being a dividend income investor I'm sure you main concern with your portfolio is the amount of dividend income it can produce as opposed to overall portfolio value increasing or decreasing. Thanks for sharing.DivHuthttp://divhut.comnoreply@blogger.comtag:blogger.com,1999:blog-5599017594616837319.post-1701048903129371762015-04-21T16:10:45.793-07:002015-04-21T16:10:45.793-07:00eurfi,
Thank you for stopping by. Annually I do a...eurfi,<br /> Thank you for stopping by. Annually I do analysis of the major oil companies, which includes Gazprom : http://www.niterainbow.com/search/label/Energy%20stocks<br /> You quite right I need to do the analysis again. Gazprom has some advantages : very big resource base, land connection to most of its customers (pipeline transportation is cheaper than LNG), low production cost and limited exposure to the shale and tight gas. As an example, ExxonMobil & Chevron has approximately 20% of the booked reserves as shale gas. A lot of producers struggling to make any money, developing shale gas and oil. Shell has about 10% reserves in it.<br /> Initially I invested in the company pursuing dividends income, rather than anything else. I expect pre-tax dividends this year are ~ 6 K USD from Gazprom alone (~ 4.7 % annual). The plan is to keep re-investing money in the new shares and by double dividends in 16 years time. However I realised that I need to save a side 25 times of my annual expenses to live on .<br />Financial Independencehttp://www.niterainbow.com/noreply@blogger.comtag:blogger.com,1999:blog-5599017594616837319.post-48217569541236740812015-04-16T02:01:25.306-07:002015-04-16T02:01:25.306-07:00Wow, that is quite a big chunk that you have in Ga...Wow, that is quite a big chunk that you have in Gazprom. Do you care to elaborate the reason for this?<br />And the recent gains have to make you smile everytime you log into your account. ;)<br />Anonymousnoreply@blogger.com