ALL!
I am excited to be back. I dropped the blogging thing for a while, however I did not suspend my contributions!
I want to give a brief update on where my portfolio lies in a 12-month rolling average income. It is quite exciting to only be 3 years into my career and starting to see decent progression in my passive income. I am 25 years old and am already closing in on $2k per year in passive income, not including 401k! In retrospect, I am pretty impressed, but looking forward I am still far from my end goal.
To put it bluntly, the dividend growth I have seen in my portfolio over the past 3 years will not be sustainable in the long term, however even if I am able to get a fraction of that growth… it will turn into something truly special. That’s obviously the goal. Financial freedom to replace ~80% of my working income.
Dividends in my investing career:
2013 – $0.85
2014 – $260.6 (>30,000% growth)
2015 – $1182.05 (354%)
2016 – $1872.58 (58%)
hat’s right! I estimate that 2016 will be up 58% from last year, and I’m still not done the year!
Brief 2017 look-ahead… I estimated, at a minimum, 11% growth. Caveats are the following: no dividend increases, cuts, or further contributions. Therefore, most likely my growth will be >11% in 2017 unless there is some sort recession. I’ll take that.
My 12-mo forward income is currently calculated as $2311.71, and that’s without my 401k included. That’s a 4.1% dividend yield using my $56k portfolio!
Pretty exciting for a 25 year old.
I anticipate continuing to add 7% to my 401k, saving $800/month in my personal savings and investing as appropriate. And investing >50% of bonuses and additional funds.
Any feedback welcome and talk to you soon.
TDH
The Dollar Harvest 