I haven’t been able to keep up every month with a full monthly update but I will try and post updates for at least the months where there are some significant changes. I have quite a few transactions this month and hit a few milestones.
First, I purchased 300 shares of BBVA (due to options getting assigned), 56 shares of WM, 54 shares of OMI and 105 shares of TWGP. With these new purchases I have increased my yearly dividend income by more than $300.
I have reached a new milestone by hitting $2000 a year in forward dividends. My initial goal when starting this blog was to reach $2000 and I have surpassed this already. You can find the post here. I am now shooting for $2400 by the end of the year. My forward 12-month dividend payments are at $2042.99. This is an increase of $352.28 or 20.8% from June. I’ve updated my dividends tab accordingly.
I have also reached a portfolio value milestone of 50k. My total portfolio value is a little over 52k now and is updated on my portfolio tab. This is mainly due to new purchases but the markets are also up from a month ago. In order to hit my new goal of $2400 by the end of the year I will probably need at least another 10k in purchases. I believe this will be doable.
On another note, I also closed on a new house and now have a second rental property. I have some plans for the rental in the next couple of years so that I have a positive cash flow on both. I have updated this transaction on my real estate tab.
I’m happy to report that I am ahead of where I thought I would be at this time. It’s just been a little over 4 months since I’ve started this blog but it has held me accountable and I believe has made me a little more disciplined. It’s also been nice to interact with others that have similar interests.