What is the difference between the business of investing and investing? Creating art is different from selling art, and the same goes for investing – the business of investing is different than actual investing. Not knowing the difference may cost you the opportunity to retire with enough money to enjoy the rest of your life.
How Much For Your Headache? The common misconception about used cars is that you’re just buying someone else’s headaches. There are a few ways to avoid purchasing another person’s headaches which we will highlight below. This particular rumor finds itself grounded in the truth of history, but it has since become a truth of the … Read more
Do I Need A New Car When a person’s car dies, or people crack enough jokes, a person will inevitably ask themselves at some point: Do I Need A New Car? This question comes with a lot of stigma attached to it. Friends and family will generally tell you yes, and use phrases like “you … Read more
Absolutely everything! Whiteboards Make Planning Easy Planning is a key element to success and something that we emphasize here at The Wealth Artisan. Without planning you wouldn’t know where your money was going, what your investments would be, and where you would be financially at a certain given time in the future. A whiteboard doesn’t … Read more
What Is A Pillar Of Strength A pillar is a load bearing structure that helps keep buildings standing. A financial pillar of strength is a person that is strong, dependable, and intelligent about finances. They are kind, fair, and level-headed in their approach to finances. They accept criticism and understand that they will not be … Read more
Thank You Thanks To The Men & Women In Uniform We write freely today because a veteran defended our First Amendment. We openly celebrate and worship our God because a veteran defended our First Amendment. We enjoy a safer environment, our own homes, our vehicles, the English language, clean water, electricity, literacy, books, and even … Read more
What’s Your Emergency Fund? Very few people have a plan for when something bad happens. In fact, some peoples’ plan seems to be to be to hope with all of their hearts that something bad doesn’t happen! It seems to work really well until something does happen, and that’s when things fall apart. Let us … Read more
Dividends are a disbursement of earnings from a company to its shareholders. In less fancy terms, they are a paycheck that you get from owning certain stocks. Ordinarily, dividends are paid on a quarterly basis but you can also find dividends that are paid out on a monthly basis. The amount of a dividend is … Read more
Are you looking for a Dividend Payout Ratio calculator? Use our Dividend Payout Ratio Calculator! You can input a stock ticker symbol, or type the values in manually to calculate the DPR. The DPR Acronym A Dividend Payout Ratio (DPR) is a ratio that tells you how much money a company is paying out in … Read more
The ex-dividend date is an important date to keep in mind when purchasing a stock, but there are some who like to buy a stock before the ex-dividend date, and sell the stock after to “scoop the dividend.” Doing this is possible but it’s a controversial topic and you need so much capital to make it worth it that … Read more
Don’t Be Late For The Ex-dividend Date You may hear the terms ex-dividend, ex dividend, or ex dividend date tossed around here a little bit, but if you don’t know what it means, then you may want to buckle in. Ex-dividend dates are important, especially if you are attempting to rock your dividend boat, because … Read more
Don’t Find Comfort In Routine, Shuffle The Dividend Payers The team members of The Wealth Artisan invest on a monthly basis, and some almost on a daily basis. We all invest towards our main goal, and that is passive income. Most of us love dividends, and that is our choice for passive income, but did … Read more
What Is Yield On Cost? When investing in dividends, an important idea is “yield on cost.” If you’ve never heard this phrase before, it is OK, but it is terribly important to understand. Yield on cost is basically a short way to say: “The current return you are getting on a security compared to the … Read more
An Angry Boss, A Tough Job, and Lunch Everyone has had a job they have hated, and not necessarily because the job itself was terrible, but because of the person in charge. Some on our team have vivid memories of such a job, especially our team member Timothy. We will let Timothy take over from here: Many … Read more
Money and Marriage We have touched on finances in relationships in the past before but it is a very important aspect of financial stress because it affects multiple people and it can cause far more damage than any credit card bill could ever hope to. We have stressed the importance of making sure that both … Read more
Retire, or Work Until the End of Time Everyone’s goal, should be, and generally is to eventually retire. We’ve never met anyone who enthusiastically stated “I want to work until the day I die!” We’ve met some people who have accepted that as their only option, but even they want to retire. The problem, when … Read more
Is Your Income Enough? Often times, people don’t believe that their income is sufficient. The problem isn’t the income, it is the spending. That point aside, we do highly value income, and increasing income but not the way most people do. We believe in using income to generate more income, and this new income is … Read more
What do you consider to be “bills?” Electric, phone, and mortgage? Those are most certainly bills, what about Christmas gifts, anniversary gifts, and car repairs? Those probably weren’t on your radar as “bills” but they should be. Yes, it does sound cold and calculated, but you know they WILL happen! There is no excuse not … Read more
The Wealth Artisan is generally about going against the grain. The average Joe wants the big screen TV, the credit card with a big limit, and a new car, but that isn’t how true Wealth Artisan’s behave. Wealth Artisan’s stand in the face of commercialism and say “No, that’s OK, I don’t need what you … Read more
How Big Is Your Debt Cloud? Debt is a very common cloud looming over many heads right now. The first mistake with debt is to feel alone. You are not alone when it comes to debt! Yes, this debt is yours, but don’t feel like you are the only one with this issue. After realizing … Read more
Everyone has some element of stress in their lives, and for the majority it is financial stress. Multi-billionaires have financial stress, and Joe down the street has financial stress. The areas of stress may vary, but they all create an uneasy feeling. The Wealth Artisan will be doing a short series that we are cleverly … Read more