Thursday, January 7, 2016

Welcome to 2016! Let's set some goals

Dear readers,

Thank you for an amazing 2015. Back in 2014 I would not have believed I could have received 24.000 pageviews in just 1,5 year.

More suprising is the amount of dividend income I collected.

Last year I received over $400 in dividends, with my small investing portfolio. An amazing result, if you'd ask me. Especially if you compare this result to what my local bank would have provided in interest, during this very same period of time.

Thank you for being here.
Let's continue this success story in 2016!

Update on the goals

2015 was an easy year, as I had only 1 goal to reach. This year I'd like to challenge myself a little bit more!

#1 Post at least twice a month
Despite my hesitation to create longer posts, because of my minor knowledge of the English language, I would love to post at least twice a month in 2016. I consider this the least amount necessary to keep people interested.

#2 Reach at least 50 followers at Twitter
In order to inspire more people to start working on their financial future - even if they don't have a large stream of active income - I've started an account on Twitter.
Because to this, I met a lot of new interesting blogs and people, which is a very interesting side effect!

In 2016 I'd like to find at least 50 followers at Twitter.

#3 Gain some basic understanding of Wordpress
Last year, several bloggers switched from Blogger.com to a Wordpress website, hosted on an own domain. Even I experience some limitations concerning Blogger.com, but I do not have enough knowledge to switch yet. In 2016 I'd like to aqcuire some basic understanding of Wordpress to eventually make the switch as well.

#4 Hit the $100 dividend income per month mark
Although this goal is more fun oriented, it would feel good to hit this mark. After 2,5 years of consistent investing, I do think this should be possible to reach. I will be prepared for those triple digit dividends, that's for sure!

#5 Reach $850 in dividends
In total I'd like to set the goal to $850. A thousand seems too much, but according to my Dividend Meter (as part of my portfolio sheet), I'm currently at $676.57 for a complete year. At an average yield of 3.67% yield I have to add $4726 capital as soon as possible to reach this goal. Unfortunately, that's not possible, as I usually invest about $600~$700 per month.
Despite this fact, I do think this goal should be within reach, because of the growing nature of the dividends, as well as some bonusses I should receive in January and May.

Last, but not least, I hope you all will keep following me in this interesting and life changing journey!