Serhio MaxDividends and MaxDividends posted new notes
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Serhio MaxDividends and MaxDividends posted new notes |
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Serhio MaxDividends liked
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From Detroit Foster Care to Dividend Freedom in Thailand Follow MaxDividends! Don't miss out on fresh dividend stock picks and insights! Meet Jason Fieber, born in Detroit, Michigan, in 1982. He grew up in a neighborhood where a police siren was far more common than a graduation speech. His father left when he was eight, and by eleven his mother had placed him in state care. Not exactly the résumé of someone destined for financial independence. After bouncing through foster care and barely finishing school, Jason worked job after job, eventually landing as a car dealership advisor, spending most of his twenties stuck paycheck to paycheck. Forget investing — he was just trying to keep the lights on. The Crisis That Sparked a Change When the financial crisis hit and unemployment in the U.S. peaked near 10%, Jason was laid off. Rather than sulk, he treated it as the wake-up call he needed. He left Michigan for Florida, trading a high-tax state for one with no state income tax and a meaningfully lower cost of living — a gap that has only widened since, with Florida's cost of living still running well below the national average while Michigan's property and income tax burden remains among the higher tier in the Midwest. Then he did something different: he went all in on building wealth. He saved over half of his paycheck, cut discretionary spending, and started investing in quality dividend growth stocks. His realization was simple but powerful — the U.S. stock market has compounded at roughly 10% annualized over the past century, including a stretch of three consecutive double-digit annual gains in the mid-2020s, making it one of the most…
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Ten years of dividend growth beats ten…
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