Goals

The purpose of this goals page is simply to put my goals in a digital format for myself and others to view. I believe the publicity of these goals via this website will hold me accountable and make it more likely that I will achieve my goals.

Long-term Goals

1. Dividend Growth Portfolio of $400,000 in 2018 dollars by 2032 (Age 35) - In progress

2. Earn annual dividends of $15,000 in 2018 dollars by 2032 - In progress


1. $11,000 portfolio - Failed

2. Earn $350 in total dividends - Succeeded

2019 Goals

2019 Financial Goals

1. Collect $550 in dividends - Succeeded - Collected $615.29 in dividends in 2019

2. End 2019 with $600+ in annual forward dividends - Succeeded - Ended 2019 with $873.51 in annual forward dividends

3. Amass $15,000 in investments - Succeeded - Ended 2019 with over $20,000 in investments

4. Buy a used compact car in cash - Failed - I didn't find a car to purchase in 2019

2019 Personal Development Goals

1. Continue publishing 1 blog post every week - Succeeded - wrote 52 blog posts in 2019

2. Publish at least 50 articles on Seeking Alpha - Succeeded - wrote 83 articles in 2019

3. Secure an entry level accounting/finance position - Succeeded - Started accounting/finance position at my current job in June 2019

2020 Goals

2020 Financial Goals

1. Collect $1,200+ in dividends for the year - In progress

2. End 2020 with $1,450+ in annual forward dividends - In progress

3, Amass $35,000 in investments/end 2020 with a net worth of $45,000+ - In progress

2020 Personal Development Goals

1. Continue to publish one personal blog post each week - In progress

2. Publish at least 52 articles on Seeking Alpha for the year and reach 5,500 followers - In progress


Financial Goals

1. Collect at least $1,800 in net dividends during the year

2. End 2021 with at least $2,200 in net annual forward dividends

3. Amass at least $55,000 in investments/end 2021 with a net worth of at least $65,000

Personal Goals

1. Publish 1 blog post each week

2. Publish 1 Seeking Alpha article each week

3. End 2021 with 8,000+ followers on Seeking Alpha






2 comments:

  1. The amount of dividends sounds high for the investment total you are looking for at the end of 2021. The forward dividends represent 5.3% total dividend return (before tax).
    Since you are early in the way, don't you think it will be better to look for stocks with better dividend growth?
    Good luck !

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  2. Thanks for the comment. Since I'm entering into 2021 with net annual forward dividends of just under $1,400 and my goal for 2021 is to end the year with $2,200 in net annual forward dividends, I will need to invest $18k at a 4% yield to reach my goal (assuming dividend reinvestment at a 4% yield and weighted mid-single digit dividend increases for the portfolio). With that in mind, I think it's feasible and a 4% average weighted yield strikes a nice balance between yield and growth IMO.

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