Reaping Dividends: September 2016 report
October 10, 2016
My brokerage is TradeKing, I’ve been very happy with their low fees and service.
The third quarter of 2016 has been pretty quiet on this Western front. I have about $15,000 in cash from various CDs rolled over to wait for the next purchase but I’m not stalking anything in particular at this point.
- Dividends income this past quarter: $203.50. If nothing changes, we’ll see about $600 in dividend income this year.
- I’m considering whether this particular course of investing continues to make sense for us. I like seeing replacement income come in with an eye towards a before age-65 retirement, but I need to do a better future income projection to see if there’s a better way to expand our portfolio.
- I’m also considering folding this report into my monthly net worth report. It won’t show such dramatic (hah) increases monthly instead of quarterly but perhaps it makes more sense there. Thoughts?
Year to Date Dividends: $434.50, Fees: $9.90, Net: $424.60
For perspective, I like to think of the dividends investing project in terms of how much of our income it can replace, or how much of our fixed expenses it can cover.
At a whopping $424.60, this year’s dividends can pay 40% of one mortgage payment. Over the past 6 years, I’ve made a total of $1,146.50.