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
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
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).
ReplyDeleteSince you are early in the way, don't you think it will be better to look for stocks with better dividend growth?
Good luck !
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.
ReplyDelete