So you’ve made it… Or making it… After all, many of us aim becoming financially independent, the easiest way is the slow and persistant one unless you’ve been lucky. For the latest part, I leave it to you or others to figure it out. I will focus on the former part, how you can reach financial independence for you and your loved ones.

Hi, my name is Christophe Soulet, you can call me Chris. I’m based in Florida. For most of my life, like many others, I worked hard to make my money. Unlike many others, I had mostly my career not in Europe, not in the Americas or Asia but in… best kept secret Africa. If you want to know more about me, just click

Then an important word here: my motivation is solely altruistic. Indeed, after learning so much from other great people, it is time for me to give back to the Community. I will mention some names and tools later on. I do not have any interest or ownership in them. I simply learnt to use them for guiding my investments.

So how to make money…

Well, there aren’t many ways:

  1. You work hard, make money, save and build up your capital
  2. You inherit a fortune, you’re a lucky one!
  3. You win at the lottery!

On point 1, you have a lot of blogs and websites dedicated to financial independence, a link to a short article about it:

In a nutshell, you want to get good education which gives a well paid job or a lucrative business and then save part of the money you’ve earned to generate some capital for investment. More on this at .

So I have some capital ready for investment…

So why do you want to invest your capital?

  • First, inflation will erode the value of your capital over time.
  • Then, you might need your capital to spend for your needs and will deplete it over time.

Investment will allow you optimally to get a return from it. However investing means risks, capital gain and… loss also.

Moving on, I share some materials that you get trained and knowledgeable on becoming financially independent. Also note this is based on my American experience and the US market. However, this knowledge is applicable to Europe with a notable difference: the tax impact which can be very different in the Old World.

Most of this material is based on what I have read and my own personal experience to achieve financial independence. Very young, I understood that the best way to freedom was to achieve personal financial independence and not relying on government services, which nowadays due to changing time and demographics are not a sure thing anymore.

So what are those investments all about? Well, ideally you want to invest in businesses that, in aggregate, generate solid cash flow, maintain strong balance sheets, pay safe dividends, and trade at a discount to the broader market. To achieve this, we recommend a proven strategy named Dividend Growth Investing or DGI.

To achieve DGI, it is about investing long term in stocks paying growing dividends year on year consistently. It is also about that if the businesses we own do well over time, our investment performance will turn out fine conditioning we paid reasonable prices for most of our investments.

I recommend you read those articles in this order.

1/ To start with, I will recommend as a first reading “Avoid these 5 things that guarantee a life of misery”, wise words from one of the most successful investor in history: Charles Munger. Charles is basically Warren’s Buffet buddy and is over 90. He has immense knowledge on life and being successful. Wikipedia him to know more. Here is the link: .

2/ I will introduce you to the Seeking Alpha website, one of the greatest knowledge base on personal finance. This article talks about basic rules to become financially independent and highlights one a most successful investment strategy: Dividend Growth Investing. Here is the link:

3/ Now an article a little more technical on basic knowledge about money:

4/ Mark Bern is a popular contributor to the Seeking Alpha community. He wrote a series of article named “Basic Guide to Successful Investing”. Here is the link to part 1: .
There are several parts; just look for the following parts by going to the search field.

5/ Another great contributor is Brian from Simply Safe Dividends. Brian runs a website rating dividend stocks, especially on the dividend safety. Here is a link to one of his article:

6/ Chuck Carnevale is one of the most popular contributor to Seeking Alpha. He offers a useful tool named Fast Graph. It’s a subscription service but very efficient to validate if a stock is worth to be invested.

Chuck is often named “Mr Valuation”. It all comes from the famous Warren Buffet quote: “Price is what you pay. Value is what you get”. Chuck elaborates on this in this article:

In this video, he explains his  logical methodology:

7/ Regarded Solutions is a long time investor (over 40 years). Retired now, he shared a DGI portfolio with good advices for the long term investor:

8/ Then last but not least, the website is a diamond on dividend growth investing with great information on how to achieve it. One of the great tool is David Fish’s US Dividend Champions spreadsheet, now updated by Justin Law, presenting US companies that have achieved at least 5 years of dividend growth. More on or .

9/ For the Canadian equivalent to the US Dividend Champions list, just click here:

10/ For the European equivalent to the US Dividend Champions list, just click here:

11/ For the UK equivalent to the US Dividend Champions list, just click:

12/ For the Rest of the World equivalent to the US Dividend Champions list, just click:

I believe with all this material, if you go through all with good focus, this will help you to demystify the idea of becoming financially independent.

What I talk here is mainly about stock investment. There are obviously other ways to reach your goals by investing in real estates or in bonds, or building your own business to become successful. These are other subjects that we can talk another time. Equity investment  offers the possibility to start any time with a small capital and hopefully letting it grow over time.

The market overall is always risky to invest, however there are always good stocks to buy at acceptable valuation. So be prudent in your choices.



7 thoughts on “Starting…

  1. SDS says:

    It seems that there are few mistakes, e.g. as far as I know Schneider Electric SE cutted div. David Fish looked usually into company WWW site or contacted IR dept. as the best info source
    Also some DG firms are missing:
    Company Country Industry
    Danske Bank A/S Denmark Banks_non-US_Regional
    Nordea Bank AB Finland Banks – Global
    L’Air Liquide SA France Chemicals
    Bayerische Motoren Werke AG Germany Auto Manufacturers
    Johnson Controls Inc. Ireland Engineering & Construction
    Eaton Corporation PLC Ireland Diversified Industrials
    Medtronic plc Ireland Medical Devices
    C&C Group Ireland Beverages – Brewers
    Experian Plc Ireland Business Services
    Flutter Entertainment Ireland Resorts / Casinos / Gambling
    LyondellBasell Industries NV Netherlands Specialty Chemicals
    DNB ASA Norway Banks_non-US_Regional
    Telenor ASA Norway Telecom Services
    International Consolidated Airlines Group, S.A. Spain Airlines
    ABB Ltd. Switzerland Diversified Industrials
    Julius Baer Group Ltd. Switzerland Asset Management
    Chubb Limited Switzerland Insurance – Property & Casualty


  2. chsoulet says:

    The list tracks only stocks that grow or maintain their div >= 5 yrs.
    ABB cut its div in 2015 from 0.70 to 0.55 CHF. Since then the div grew year after year, however that makes only 4 years in the row so it’s not in the list.
    International Consolidated Airlines has only 4 years div growth so it is not in the list.
    BMW cut their div in 2019 from 4 EUR to 3.5 EUR. So they’re out of the list. Same for Daimler also.
    Air liquide cut their div in 2019 from 2.65 EUR to 2.41 EUR. However, I will verify this.
    Many European companies you listed are actually quoted in the US (Lyondell, Experian, Medtronic). I list only the companies that are listed in Euros.
    Telenor and DNB ASA Norway Telecom are Norwegian companies. Norway is not part of the list. The only non Euro countries listed are Switzwerland (CH) and Denmark (DK).
    For the rest, thank you, I will look at them and add them if they meet the criteria. If you see mistakes, kindly share them, I welcome them and will correct them. Thank you.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s