Although momentum trading and various short-term trading strategies tend to be my bread and butter, i decided to build up a small dividend portfolio on the side about a year and a half ago mainly due to my age, my other commitments and from some inspired reading at Dividend Mantra
For me, this was one side of investing where i didn’t need to lose too much sleep, i could watch it now and again, i’d buy into good solid businesses and ride it up and down with the market and be paid to wait. In hindsight, i wish i had done this 20 years ago even with the crashes we have had but i spent most of my time chasing the fast money which of course has pros and cons 🙂
It is only a small fraction of my portfolio but i am looking for things to move up aggressively in the next 3-5 years.
Anyway, the tally for january was 463$ which isn’t too shabby for pretty much zero effort. A year ago, it was 65$ and next year i expect to be about 700-800$ and keep growing. I’ll go into more details over the next few weeks. Compounding takes time but it is well worth it if you can just look to a 10 year horizon at a minimum.