Building a Growing Passive Income Stream and ride the Waves of Dividends
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
I’ll buy an apartment which will take all my cash reserves (to achieve better terms of financing)Achieved!
We’ve got a new family member! I will take two months off and we’ll surf & travel through Europe with Baby DivriderDone!
This all means: no new contribution this yearOverachieved! I’ve contributed $ 3,400
Maintain projected annual dividend income of $ 2,608Overachieved! Increased to $ 3,151
Use broker cash reserve or sell stocks from overweighting sectors in broker account to diversify into new sectorsAchieved! Added new sectors: Communication Services, Consumer Cyclicals, Financials, Industrials and Technology
Contribute average $ 1,200 per monthAchieved! $ 1,450
Increase projected annual dividend income to $ 1,800Achieved! $ 2,608
Increase sector diversification by adding at least two more sectors Not achieved! I only added one new sector (Consumer Defensive)
Contribute average $ 2,000 per month Not achieved! I’ve committed only $1,204 per month
Earn $ 1,600 in dividend income Achieved! I’ve collected $ 1,653
“Increase” projected annual dividend income to $ 1,700Not achieved! My forward income was only $ 1,399
Add more weight to quality stocks (low payout ratio, low debt, growing EPS)Achieved! Added Gilead (but with fast shrinking EPS) and Novo Nordisk
Contribute average $ 2,000 per monthAchieved! $2,015
Write at least 24 posts Not achieved! I only published 12 posts
Earn $ 2,000 in dividend incomeAchieved! $ 2,455
Increase projected annual net dividend income to $ 2,500.Achieved! $ 2,608
Get total return without paid dividends above 0% Not achieved! -17.5% due to high energy concentration in my portfolio
Increase number of holdings to 16Achieved! 19
Reduce high yield stocks and focus more on high quality stocksAchieved! Sold nearly all BDCs in 2015.
Contribute average $ 1,500 per monthAchieved! $ 2,800
Open Blog and start writingAchieved!
Earn $ 400 in dividend income.Achieved! $ 664
Increase projected annual net dividend income to $3,000.Achieved!