Better know a Blogger: Featuring Cameron @ Millennial Dividends

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The financial blogging community is a pretty tight knit group. Although I’m new to the blogging side of things, I’ve been an audience member for over 5 years, reading people’s stories, learning from them, and following their financial journeys.  There are probably 30+ people I have been following for years, who I could tell you their investing styles, what stocks they own, and perhaps even their average dividend income just off the top of my head.  What I couldn’t do however is tell you a little more about the people behind the portfolio’s…which is what inspired me to reach out to a few of my favourites, and try  to get to know them better.

Over the next couple of weeks, I will be featuring some of my favorite bloggers and try to shed some light on their personal lives, investing philosophies and more.

I hope you have been enjoying the previous interviews.  You can view them on my blogroll page HERE

Welcome to Volume 3 of “Better Know A Blogger”!

Today I will be featuring Cameron from Millennial Dividends. Cameron is a bit newer to dividend investing, and a bit younger than most in the community but has already amassed a portfolio worth almost $200,000 (thanks in part to scooping up cheap Facebook shares back in the day).  The first 2 interviews I’ve done so far have both answered “yes” to have you ever been arrested, will Cameron do the same?  Keep reading to find out…

I’ve broken down my questions into 4 sections:

  • Personal Info
  • Financial Info
  • Deep Thoughts
  • Lightning Round

Without further ado…I’d like to introduce you to Cameron from Millennial Dividends

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Name: Cameron

Age: 27

Where do you live:  Arlington,VA

Tell me something awesome about your city:  Close to Washington DC which is the nation’s capital and has tons of things to do.

What do you do for a living:  IT Consultant

Are you married:   Not yet

Do you have any Kids? Pets:   One dog

Website: Millennial Dividends

Twitter:  @MoneyDividends

Why do you blog:  I started my blog for two reasons. The first being that I wanted to share my story and success with others and hopefully help others achieve financial independence at an early age. The idea of working until you are 65 is outdated and now more than ever we possess the tools to achieve financial freedom early. I started to bounce ideas off other people and hopefully inspire others. If I can help even just a handful of people in even just a small way then that would be pretty cool. The second reason is to see if I could make some money blogging. So far I haven’t done that yet, but I haven’t really put all my energy into blogging. For now I just wanted to see where it would take me.

In your opinion – what is the best thing you’ve ever published (link):  I don’t know actually. I really haven’t written enough and probably nothing is that great so far, but I’m happy with my custom excel sheet I’ve created and published for others to use. It has a bit of manual work in it, but I pull a lot of data from google and nasdaq automatically which can easily notify me of dividend increases or decreases. 

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Why do you invest/What is your ultimate financial goal:  Financial freedom. I invest in dividend growth stocks to generate passive income that could one day cover all of my expenses or most of my expenses and then I could work part time doing anything I wanted. I really enjoy investing and love seeing the power of compound growth. 

When did you start investing: 2012 was the first year I bought stock, but it wasn’t really until the summer of 2014 that I started the dividend investing strategy. 

How long until you will be financially free (wont NEED to work): That is hard for me to answer at this point because I don’t know my future expenses yet. I know I’ll be getting married in a few years and probably having kids after that. It also depends on my 401k and my non dividend growth stocks. Its possible that I could retire when I’m 35, but it could also be closer to 40 as well. 

 What will you do in retirement:  Anything I want. If there are days I want to just lay on the couch then so be it, but I will remain active and will try to keep myself busy. If I want to work in an industry that I enjoy then I’ll do that. The possibilities are endless and that’s why I love the idea so much. 
Do you share your portfolio? If so, what is the current value: Yes I do, my total portfolio is around $205k (this includes 401k, non dividend stocks as well)
What is your net worth: It is around 200k if you subtract credit cards

What % of your salary do you invest/save each year:   I try for upwards of 50% but it has been hard the past 1-2 years with some unexpected expenses (dog, moving, surgery)

Do you invest in funds or individual stocks & why:  I invest in stocks because I like to try and get a little higher dividend yield and I can pick companies that may be undervalued a good amount even if the market is at all time highs. 

If I gave you $10,000 right now to invest in 1 stock – what would you pick & why:  This is an incredibly hard question because there are so many good stocks out there. If you are looking at long term value you may want to pick a company like Apple, but if you are looking for a higher dividend you could look at a company like Johnson & Johnson 

What was your biggest financial fuck up: I invested in some penny stocks right out of college. I saw the potential to get rich and thought I could do that and not have to work anymore. This was pretty stupid as they are so risky and a lot of them seem to be horrible/fake companies. I probably lost a couple grand, but I learned a lot from that and I’m on the right track now. 

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Is there a God:  I’m agnostic and I believe there is something else beyond life, but to that I have no idea. I think it is a little ridiculous for anyone to think they know the definitive answer to that question. I think the most important thing is just being a good person. 

When you die, what is 1 thing you hope people think of/remember you for:  Being a good person/good dad/family person

Do you vote? Who did you last vote for: I do, last voted in the presidential campaign and lets just say I didn’t vote for Trump. 

What do you think the next big technological advance will be:  Self driving cars are probably the closest technological advance. We are very close to achieving fully autonomous cars. There will be a lot of government hurdles, but we are very close. 

What is the single biggest threat to humanity:  Ourselves. WW3 or climate change although I’m optimistic that we will find a solution to climate change or greatly slow the effects down.

What are you most proud of & why: Probably my portfolio. After reading articles of where people are supposed to be financially at certain ages it seems that I’m way ahead of the pack. I’ve made an effort to save and invest as much as I can over the past couple years and it is really paying off. My dedication to this strategy has put me in a great position in life and hopefully retiring very early will be within my grasp.

If you knew you only had 1 year to live – how would you spend it: I would travel the world.

What is one thing most people don’t do – but everybody SHOULD do to make the world a better place:  Recycle or be more environmentally conscious.

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Favorite Movie:  Interstellar (but really don’t have one favorite)

Favorite TV Show:  Game of Thrones

Favorite book:  The old man and the sea

First Job:  Golf course caddy

Have you ever been fired:   No.

Which website do you spend the most time on:  Yahoo Finance

Favorite Cocktail: Moscow Mule

Favorite Beer:  IPA – Too many favorites

Favorite Sports Team: Washington Redskins

Have you ever been arrested?  No

Dogs or Cats:  Dogs

Sex or Beer:  Both

Does your spouse/partner read your blog: No

How often do you check your portfolio (be honest):  Every day

How often do you check your website stats (be honest):  A few times a week

**Bonus question submitted by my wife (I asked her what ONE question I should ask):

What do you put on your hotdog: Just Ketchup

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Thanks for taking the time to do this Cameron!  All the best in 2018.

If you’d like to be featured in an upcoming “Better know a blogger” piece, or have any specific questions you’d like to ask others in the community let me know!

7 Comments on “Better know a Blogger: Featuring Cameron @ Millennial Dividends

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