Latest Blog

Still Struggling [March & April 2016]

Still struggling to keep expenses low. March Expenses: $1532.17 Dividend Income: $219.05 Percentage of expenses paid by dividend income: 14.3% April Expenses: $2217.38 Dividend Income: $159.58 Percentage of expenses paid by dividend income: 7.2%

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Long Overdue [Nov 2015 – Feb 2016]

I haven’t updated in four months, partially because I spent so much in November and December. I was dreading actually coming to terms with what I had spend during my 5 week trip to Hawaii. Almost immediately after Kinder Morgan (KMI) accounced they were cutting their dividend, I sold all of my shares. The dividend

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[October 2015]

Another month has passed where I collected dividend checks for basically doing nothing. Expenses: $1651.12 Dividend Income: $147.75 Percentage of expenses paid by dividend income: 8.9% The amount I received in dividends was actually slightly lower than I anticipated due to the split of Baxter and Baxalta. Owning these two stocks provides me with less dividend income than

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Back to Traveling [August & September 2015]

I’ve been back on the road for a couple weeks now. As I spend more time traveling, I have less of a desire to stay connected to social media, check email, or monitor my spending/investments. While it’s nice to focus on enjoying each day of climbing and beautiful fall weather, it’s definitely hurt my checking

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Recharging the Checking Account [July 2015]

Back home right now, working for a couple weeks before hitting the road again. Traveling in July was another expensive month for me. I drove from Lake Tahoe to Vancouver, back to Lake Tahoe, and then home to Detroit. It was well over 5,000 miles, and somewhere around $600 in gas. Driving across the continent

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Double Header [May & June 2015]

It’s been about two months since I’ve updated this blog. The funny thing is, I haven’t really been that busy, I just haven’t wanted to sit down at my laptop and work. It seems like the more time I spend outside in nature, the more time I feel comfortable spending out there. A couple years

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Leaving Bishop is Bittersweet

The friends I’ve made here have been incredible. Dennis Lim invited me and several other friends over for a dinner party last night and made a memorable toast: “To my Bishop family”. The words meant alot to me; they made me feel like I’ve really joined the community here. I’ve made a small circle of

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My Lack of Blog Updates

I’ve told a lot of people they can frequently check my blog for updates on where I’m at, what I’m climbing, etc.  I’ve put serious thought into aggressively trying to grow my blog. This would entail networking with others, posting tons of original content, and  eventually monetizing  the blog readership. I haven’t done this for a couple

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Ironman Traverse – V4

I haven’t been bouldering much in Bishop. Been pretty focused on sport climbing in the Owens River Gorge. This was one of the classics in Bishop I wanted to hit before I left.

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How Expensive is Life on the Road? [April 2015]

How expensive is life on the road? About $55 a day. I like to break it down to my per day costs: Groceries and Ice: $8.43 Car Payment, Insurance, & Gas: $21.80 Hobbies (Climbing, Surfing, Camera): $22 Camping: $2 Everything else: roughly $1 The month was much pricier than I thought… I had to purchase

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Bishop Bound

After a week of surfing, bouldering, and hanging out at the UCSD library I headed off in search of some good sport climbing at Eagle Peak. Not able to find climbers at the peak, I decided to spend the weekend in Joshua Tree National Park. Wow, what a rewarding weekend. I met a guy named

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The San Diego Zoo…

Before Paul left, he and I spent a day at the zoo. At the end of the day I concluded that I just can’t support the encagement of animals anymore. Don’t get me wrong, there are beautiful parts of the zoo: The landscape: the exotic birds: The sex: It was all overshadowed by the higher

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Red Rocks and Joshua Tree

Playing catch-up here with photo’s and videos. I met Brittney Jones and Daniel Antinora when Paul and I were climbing in Moe’s Valley, Utah. They offered to put us up for a night in Vegas on the one condition that we would play Bingo with them at the casino… We reluctantly accepted. It seems I’m

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Santee Boulders – San Diego, California

Santee Boulders is probably the closest real climbing destination from downtown San Diego. It takes just 20 minutes to get there from the city, and it’s filled with moderate to good quality granite climbs. That’s the “good”. There are a couple “bad” that will keep me from ever returning to this destination… There is broken

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Moe’s Valley – Utah

By far my favorite destination thus far has been Moe’s Valley in St. George, Utah. St. George is a curious town without any major industry. It seems to be mostly a tourist/retirement town. Many retirees from all over the west-coast own second homes here. While browsing the city we walked through a pretty impressive art

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Out of Colorado.

Colorado was great, but because of getting over the all-night drive, I never really felt relaxed. It was a strange feeling, like I needed to be on the road. Mileage mode: the more miles covered, the better the day. We only allocated a half-day to boulder in Boulder, but we ended up climbing all day

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Paying For Trip Preparations [March 2015]

While I’m traveling I still will be posting financial updates on this blog. My dream is to be financially independent and have the freedom to travel anywhere I want. What I spend over the next several months will be a much truer test of how close I am to financial independence than when I am

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Welcome to Colorado

I’m starting this journey the hope that it will never end, that maybe I’ll find a way to extend my traveling and climbing sabbatical indefinitely. The first leg of this trip will be with my friend, Paul. We will be driving to Joshua Tree over the next week or so and hitting various climbing areas

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New Record [February 2015]

I was incredibly busy with work during February and didn’t have time to start buying equipment necessary for my trip… Because of that, I beat my target of $30 a day: Expenses: $837.73 Dividend Income: $302.76 Percentage of expenses paid by dividend income: 36.1%                 That’s dividends paying for 36.1% of

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Recursion [January 2015]

Since the beginning of December, I haven’t transferred any funds from my checking account to my brokerage account. As a result, the amount of free cash flowing into my brokerage account has slowed to a drip. This won’t stop me from reaching my goal of financial independence though. I’ll still be acquiring shares of high-quality

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Workaholism

The difficult thing about my personality is that I always feel compelled to be productive. If I don’t feel like I’m being productive, I feel guilty. A couple examples: in college, if I wasn’t studying constantly, I would feel guilty. When I was between semesters, if I wasn’t teaching myself programming or reading a book,

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2014 in Review

To give you an idea of where I started in 2014, first I need to give a general picture of 2013 and where I started once I graduated from college. In March of 2013 I took an engineering job, and from that point to the end of the year I made about $40k after taxes.

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Autopilot [December 2014]

For the time being, I’ve stopped contributing to my brokerage account, so my portfolio won’t be experiencing the dramatic growth that it saw during 2014. I’ll elaborate on why very soon. For the time being, I will reinvest the dividends, but for the most part leave the portfolio on autopilot. December was an expensive month

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Celebrating Early [November 2014]

There are still two full days in November where I could potentially spend money, but I’m going to pull a Usain Bolt here… Nearly all of the companies I’m invested in pay quarterly dividends. It just so happens that the majority of companies in my portfolio pay in May, August, November, and February. Because of

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Uncertainty [October 2014]

October I was able to control my spending reasonably well despite a more expensive than average Red River Gorge, KY climbing trip. Expenses: $1091.90 Dividend Income: $147.81 Percentage of expenses paid by dividend income: 13.5% This is the fourth month in a row that I’ve earned over $100 in dividends. Looking forward, $147 a month

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Ouch! [September 2014]

September was the most expensive month I’ve had in a while. Notable expenses were: purchasing a windbreaker/rain jacket, two climbing trips to Kentucky, a new climbing rope, two birthday presents, and a nice dinner. On top of all this, September, December, March, and June are my low months for dividend payments. This has definitely been

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Progression and Regression [August 2014]

This month I pulled the trigger and traded in my precious Mazda3. The car had about 130k miles on it, and I was plagued with both front and rear suspension problems. Already having sunk about $1k in ‘fixing’ the shocks & struts over the last year, I decided to run some numbers. $14k – price

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The Simple Math of Financial Independence

Financial independence is the state in which one’s income from passive sources exceeds expenses. Financial slavery is the state in which one’s income from passive sources cannot cover expenses. A financially enslaved person must work in order to cover their expenses. A financially independent person can still work, but does not have to. That is

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Peer Pressure [July 2014]

July 2014 financial update: Expenses: $1091.99 Dividend Income: $106.50 Percentage of expenses paid by dividend income: 9.8% This graph shows that roughly 10% of my expenses were paid for by dividend income this month. There is some turbulence in the graph, but it’s trending up towards a larger and larger percentage of my expenses being

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One Step Closer [June 2014]

June was a very busy month for me. Work essentially consumed my life for the second half of the month, and I’m pretty exhausted from it. On the plus side, I was looking at the two goals I set for myself in May when I lost control of my budget, and I made both of

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Relax

I talk a lot of shit, and practice what I preach – lil wayne After spending a relaxing weekend climbing at Grand Ledge with my girlfriend and other close friends, I can’t help but develop a little freedom lust. I’ve long professed the joys of minimalism; however, I’ve never really adhered to a full minimalist

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Setting New Goals [May 2014]

Is it just me, or is it June? That means it’s time for a monthly update on my finances from May. May was a great month for dividend growth; however, I overspent my budget. Expenses: $988.10 Dividend Income: $139.60 Percentage of expenses paid by dividend income: 14.1% My budget for the month of May was

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The Sky is Falling

I’ve always been fascinating by the end of the world. In my younger years when I was a Christian, I would read the Book of Revelations… religiously. I would talk to my family and friends about the end times; it seemed like the signs were all around us. Wars, earthquakes, and famine were becoming more

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Economic Efficiency Suppresses Independence

In our economic system, people typically trade 40+ hours out of every week in order to obtain currency. The currency that each person holds represents a portion of their time. $100 might represent 1 hour of work for person A, but 10 hours of work for person B. In order to be economically efficient, purchases

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Eurotrip: 5 Days of People Watching

Just got back from my first trip to Europe. It was a business trip and thus, I didn’t have a lot of extra time to sight see. The extent of my trip consisted of two days in Amsterdam and three in Germany. Later in my life I would like to do a lot of long

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Making Money Makes Money [April 2014]

I have a goal. Spend an average of $25 per day each month. Reducing my expenses to this level is what makes financial independence feasible in just a few years. I invest roughly 80% of my after tax income on high quality dividend stocks. Most of these stocks pay between 3-5% annually, and have consistently

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Man Didn’t Think Up Civilization; It Just Happened

The progression from tribal to agricultural life increased the possible number of societal roles. In agrarian society, not everyone needed to hunt, people found other ways to give value and offered their products/services for trade. The roles of farmer, baker, blacksmith, teacher, tailor, etc were all made available by trade. Then, as each successive paradigm

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A New Hope [March 2014]

The goal of this blog can be summed up in one sentence, but I write it later. I was never one to delude myself into thinking I was going to college in order to get a “career” instead of a “job”. I’m still not sold on my routine where I am ever-so-gently jolted awake by

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