Goal Review and 2019 Update

It’s time to update the goals for 2019! But before I want to make a quick review of the 2018 goals :

  • I’ll buy an apartment which will take all my cash reserves (to achieve better terms of financing)

Goal achieved, I’ve bought the property in February and we’ve moved into it in August. And yes, nearly all of my cash went into financing.

  • We’ve got a new family member! I will take two months off and we’ll surf & travel through Europe with Baby Divrider. This means: no new contribution this year.

What an amazing experience. This is recommended to all young families which can afford the time and money doing such a thing. An unforgettable experience. And I even managed to make a contribution in November and December (total 3000€)

  • Maintain projected annual dividend income of $2,608

Achieved and I even increased the forward dividend income by nearly $450 to $3,150.90. But this comes with a caveat. I sold some of my speculation stocks and I’ve used margin on the big market drop end of December. In other words I’ve already used some future buying funds and this will decrease my ability to increase my portfolio in 2019.

  • Use broker cash reserve or sell stocks from overweighting sectors in broker account to diversify into new sectors

Achieved! I sold some GILD and increased my sector diversity substantially. I’ve added stocks in Communication Services, Consumer Cyclicals, Financials, Industrials and Technology.

So let’s see look at the new year:

Goals 2019

Comparing to the exciting last year, this year will be more “business as usual”. The only exception is the decreased saving rate due to our baby and our new apartment. Including paying off the margin balance, the net investment rate will be quite low this year. I don’t know if there will be some secondary income this year.

  • Contribute average $1,100 per month
  • Increase projected annual dividend income to $3,639 (+15%)
  • Increase expected yearly dividend growth rate from 4.57% to 5.5%
  • Improve portfolio tracking and include ratings, payout ratio, debt and EPS/dividend growth

The targeted dividend income includes organic dividend growth (estimated 4,57%) and new investments at a weighted dividend yield of 4%.

I started tracking the expected yearly dividend growth rate for my portfolio and it’s quite low at the moment. I want to improve my rate by buying faster growing companies and maybe by selling some low growth and low yielding stocks.

Last but not least, I want to improve my portfolio tracking to get a better overview of the current “health status”.

Let’s see how this will work out at the end of the year 🙂

6 thoughts on “Goal Review and 2019 Update

  • January 24, 2019 at 5:52 am
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    Great job on the goals from last year, particularly that 2nd goal as that sounds amazing! You’ve got some nice goals for this year as well, and I think it is great to get that good mix of faster divvy growth companies with ones that are slightly higher yield but lower growth. I look forward to seeing how you shuffle things around!

    Also, as I am a data nerd, I look forward to seeing what kind of tracking you implement!

    Reply
    • January 24, 2019 at 11:24 am
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      Hi DivvyDad,
      thanks for stopping by and your encouragement!
      I’m with you on the stock mix and hope to achieve a much higher growth rate in the future by investing in more lower yielding companies. Best opportunities are sales like last December, when companies like TROW, TXN or BLK with some decent growth come with a historic outstanding high yield.
      I’ll keep you updated regarding to my new portfolio tracking.

      Reply
  • January 27, 2019 at 9:58 pm
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    Surf & travel through Europe for two months sounds like huge fun. I went to Portugal last year. A paradise for surfing. Congrats on your achievements in 2018.
    Looking forward to seeing your adjustments on the PF tracking.

    Reply
    • January 28, 2019 at 12:38 am
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      Hi Snugfortune,
      thanks for your comment! We’ve also surfed in Portugal in 2017. It was great! I loved the relaxed portuguese people.
      But due to “normal vacation” time and only smaller waves, it wasn’t comparable to our trip last year. Galicia was our favorite (North-West Spain). Outstanding landscape and waves!
      Regarding the portfolio tracking, I’ve already started to research some tools and visualization possibilities.

      Reply
  • February 14, 2019 at 9:13 pm
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    That sounds like a well thought off plan for 2019. Contributing $1100 every month should speed up your growth pretty fast. Looking forward to your progress!

    Reply
    • June 17, 2019 at 1:15 am
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      Thanks for stopping by Mr. Robot. Let’s see if I can deliver. I’m already behind my contributions for the last three months.

      Reply

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