Welcome to my site about dividend investing!!

About me

Hi guys thanks for stopping by at my site about dividend investing and how I want to create passive income through dividends. My name is Andreas and I am 30 years old and I live in Austria. The main purpose of this site is to show that it is possible to create a decent income through dividends, although you do not have a large capital like the big investors. I think some other bloggers like the dividendmantra etc. already showed it, that it is possible in the US. Unfortunately there not that many bloggers from the german speaking area. Maybe it has something to do that in Germany or Austria the common opinion about investing in stocks is like being a gambler or “… you only can loose money..”.

Besides dividend investing I am also providing articles about stock analysis and my plan to reach financial freedom.

What does financial freedom mainly mean to me?

There are thousands of Blogs about aiming for financial freedom and living a debt free life. Luckily I do not have any debts, but financial freedom does also not necessarily mean that I want to quit my job as soon as I have reached my goal.

For me financial freedom is more the freedom to say I do not have to do this job anymore just to cover my daily expenses, if I do not like anymore I just can say “NO thanks”. Financial freedom also means that I can concentrate on projects I really would like to do. I think Jason Fieber is good example for by having creating enough passive income, he just concentrates on projects he really wants to do and what he hast to do.

As you can financial freedom for me is more the opportunity to concentrate on the things you really want to do and not on the things you have to do to survive in the rat race.

Why should you follow this blog?

Well there are thousands of blogs out there and a lot of high quality blogs about investing, personal finance etc.. But they are mainly from the US or Canada, and if there are some from the german speaking area they are mainly written in german. With this blog I want to show you that is also possible outside the US to reach financial freedom through investing in dividend stocks and through investing in other things as well. As I had told you guys I am not only planning to invest in stocks I also see other investment possibilities out there.

This blogs runs now for more than 1 year, and during that year I have learned a lot about investing e.g. I would never do the investment  I did at the beginning as I was just looking for good companies and did not look at their valuation. Maybe you can also learn something here and find some inspiration to start investing or to create your own side hustle. The first step is always the most difficult one.

Sometimes I think of the situation I was at about 2 years ago. I was saving a lot of money but I did not start to invest at all. I was just jealous about all the other bloggers, who wrote about about their monthly dividend income. But I made the final step to start investing and 2 years later I already have an average monthly dividend income of 112.70 EUR. This is still not a lot but my pace of improving that number gets faster and faster :).

It is going to be a long journey with a lot of ups and downs, but you can be part of that and see where the road to financial freedom will lead me!!

So be part if it :)…

 

8 Comments

  1. Hi DC,

    I look forward to following you progress as you build up a portfolio of dividend shares. It is always nice to see a new name in the DGI community. There are a few German stocks in my watchlist. Once the CAD starts trading higher I will be focussed on the international equities on my foundation watchlist. Cheers

  2. Hi there,

    thanks for stopping by. Yes there are a few good german stock out there like BASF, Münchner Rück, Fresniius also the austrian company voestalpine is currently on my watch list.

  3. DI,
    nice to see a fellow German speaking investor!
    One other reason why there are so few dividend investors in our countries is maybe the dividend tax rate (25% in Germany). This is significant and makes “capital gain investing” more attractive.

    Cheers
    DivRider

  4. Hello, I want to ask whether I could send you a guest post article about binary options? I was thinking about post “Is Binary trading legit? My 10 tips from experience”. Would you be interested? If you have any requirements, can you please tell me? 🙂 Thank you

  5. Hi,
    sorry my English is not so good. But it is nice to see that another people from Germany / Austria investing in dividends. Since one year i also do this and my strategy is you strategy. since four months i build also a website (called divdepot.de). I will help that german people learn to invest yourself the money in shares with dividends.

    have a nice day
    thomas

    • Hi Thomas, kein Problem wir können auch auf Deutsch schreiben. Ich werde mal deine HP anschauen.

      Danke für dein comment 🙂

  6. Hi Andreas,

    I too am on the road to financial independence and my major focus is dividend income as well 🙂

    I don’t even remember how I stumbled upon your blog, but I got to this page, because in another post I read, you mentioned UNIQA and not many people would think of that stock unless they live close to it, so I figured you must be from Europe.

    Nice surprise to see we’re neighbors – as I’m Hungarian.
    Dividend income is not a traditional way of passive cash flow here either, but there is a small community (one Hungarian blog as far as I know, but that guy really knows his stuff as well).

    I’m also 30 (turning 31 this summer) and to me it was a journey to get to dividend income. I started with more risky “investments” or rather, “trading” (I didn’t even know the difference that time), on the Forex market. After that I did some other types of risky investments until eventually (after a few costly lessons learned) I turned to more conservative investments 🙂

    Now my path seems to be clear for the next 10 years:
    – earn as much as possible (instead of looking for investments that yield 20-25%/year, because those don’t last and usually flop in a year or too)
    – save as much as possible
    – look for conservative investments (single digit income, but consistently)

    I guess it wasn’t enough to read about it (many times), I had to make my own mistakes before I also saw the truth that for people that start out with nothing (no apartment bought by parents, no car bought by parents) it’s much more important to increase my earnings, because that will have a much bigger impact in the first 10 years than if my investments earn 15% instead of 7.5%.

    If you have some time, drop me an email. – we could set up some time, I have a few things I’d like to talk about. (Not income generating ideas at first – more like a discussion) 🙂

    Thanks,
    Dom

    • Dear Dom, thanks for the comment and sorry for my late response. I will contact you as soon as possible 🙂

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