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Revenge Investing
Or how to wipe your bills and feel better during the cost of living crisis.
I don’t know if I came up with the name “Revenge Investing” as such, but it certainly is what I call part of my portfolio.
This is not financial advice of course, that ol caveat, but just a way to think a bit differently about your stock choices.
This model does not require your whole portfolio, it is a fraction of mine, so it allows you to buy other stocks that take your fancy as well.
We have seen ESG type investing and interest groups buying shares in companies to try and lobby for change (like a green group buying into an oil company). This isn’t that, besides you as one investor would make little difference anyway.
No revenge investing is simply this- any stock or industry that affects you, that you have to hand over money to at some point- is a stock to consider investing in. Though it is a little more nuanced than that.
The primary focus is dividend stocks and the primary goal is to have the dividends pay more than it costs you in a given year.
Now, as an Australian, most of my examples are here. It also works, though for the US and other markets.