Browse Month: May 2018

DRIPing Our Way to Financial Independence

Financial IndependenceAlmost 25 years ago, shortly after graduating from college, I made a series of seemingly minor decisions that in retrospect helped set me down the path towards financial independence and early retirement.

I had been interested in the stock market for some time, and as an aspiring adult, I thought I should do some research on how to begin investing now that I was earning a regular paycheck.

While perusing the personal finance and investing shelves at the local bookstore in those pre-Amazon.com days, I stumbled onto a tome about Dividend Reinvestment Plans, also known as DRIPs.

As soon as I finished reading the book, I knew that DRIPs were something I needed to get involved with. DRIPs offered the opportunity to invest directly in the stock of companies, with a minimal amount of money, sometimes at a discount, and frequently without having to pay a brokerage commission – which was a much bigger deal before online trading!

Continue Reading

Celebrating ROMT’s One Year Bloggiversary!

Retiring On My TermsIt’s hard to believe it has already been a year since I started Retiring On My Terms!

There have been some victories, and some setbacks, during my first year of blogging, but I’m glad I took the plunge and started this site a year ago. I sincerely thank all the readers who have found their way to Retiring On My Terms over the past twelve months. Without an audience, this blog would have no purpose!

I knew writing could be difficult when I started up this website, but I honestly had no idea how challenging it would be to create interesting content and grow an online audience. I am still an absolute novice when it comes to topics like search engine optimization and social media. Someday I hope to have time to learn more about all of the varied aspects of running a successful blog, but in the meantime my primary goals are to continue improving my writing skills and providing content that is interesting to my readers. Continue Reading

Solar Energy Update: Back In (The) Black!

Solar PowerAfter a long, cold, snowy, and dark winter, we finally started to get some record-breaking production out of our home solar energy system in April!

The cold, but sunny, days of early spring proved to be fertile ground for excellent solar power production.

Over the past month, we recorded our five most productive days for power generation since having solar panels installed last June!

When our system was installed, a representative from the company told me the panels worked most efficiently when it was cooler outside, and that I’d love seeing my production in the spring, so I guess I shouldn’t have been surprised.

But I still find it amazing that our home solar energy system consistently generates more power during 13 hour days in April than it did last June and July when the days were 15 hours or longer!

Continue Reading