November has just about wrapped up and my income for this month was $1135.17. This is approximately a 35% increase compared to November last year. Back in January i had set myself a task of getting $8000 for this year. With this tally, my annual dividend income is now approximately $8700 with 1 month to go, so i’m pretty happy about the overall performance there. It looks like i should close out 2014 with around $9300-$9400 in dividend income.
I’ve recently reorganized my portfolio based on some opportunities that have cropped up, these may or may not turnout to be a good idea so we’ll see. I also closed out some stocks which were not earning dividends / going nowhere.
With all that, my aim next year will be $13000 in dividend income which i think is perfectly achievable.
2.5 years ago i started late on this journey, i was happy i had brought in $300 for the year! Things have come a long way fast!
There is still a long way to go but hopefully this can provide some inspiration to you and your journey to financial freedom, it shows anyone can do it with a bit of perseverance.