Dividend income August 2023 — Documenting monthly dividend income to chronicle the journey to financial independence. I am not a licensed investment advisor and this post is not investment advice. All opinions are my own.
Hello Fellow Dividend Enthusiasts,
I’m excited to kick off a brand-new series of posts dedicated to sharing my monthly dividend income. Today marks the beginning of a journey.
Simply put, I will be documenting my monthly dividend income from this point forward. All future dividend income updates will be available here.
The purpose of these reports is to chronicle the journey to financial independence. Also, I want to keep dividend investing business-like. The goal? To be able to look back on the evolution of my investment portfolio as it matures over time.
But here’s the thing – this isn’t just about the numbers, it’s my favourite hobby. It’s the thrill of assembling these reports, of comparing progress to previous years, and witnessing those incremental leaps forward. It’s about the sheer passion for two of my greatest interests: blogging and investing.
In essence, this blog is the culmination of my deepest passions. It’s a project I crafted with care, knowing that it’s something I would like to read myself. My ultimate ambition? To grow dividend income until it covers my expenses, transforming these cherished hobbies into my primary occupation.
So, welcome to this journey. Together, we’ll explore the intricacies of dividend investing, share in the joy of documenting progress, and work towards turning our passions into a full-time pursuit. Without further ado, let’s get started with the inaugural edition of my monthly dividend income update!
Please note I’m not a licensed investment advisor and this is not financial advice. You should always seek professional advice from licensed investment advisors before investing.
Dividend Income Update June 2017 Highlights
Total: $4.27
Total in 2017: $4.27
How many businesses/stocks paid dividends: 1
Dividend Income Update June 2017 Earnings – $4.27
My investment portfolio generated $4.27 CAD in dividend income in June 2017.
Clearly, I am starting from humble beginnings.
At this stage, I don’t have much to compare to. But by this point next year, I will be able to start comparing year-over-year (YOY) progress.
Final Thoughts
In summary, my investment portfolio generated $4.27 in dividend income in June 2017.
My long-term goal is to increase dividend income to a minimum of $2000 per month.
From there, I’ll blog more frequently, manage personal finances and investment assets as a job, trade stocks/options with a small percentage of my portfolio as a part-time job, and grow the dividend business from $2000 a month to $5000. Eventually $10,000, hopefully🤞🏼.
Obviously, as shown from the June dividend income above, that goal is a long time away.
Stay tuned for more exciting dividend income updates as the snowball grows!
An archive of all dividend income updates from this point forward is available at: Dividend Income Updates
I am not a licensed investment or tax adviser. All opinions are my own. This post may contain advertisements by Monumetric and Google Adsense. This post may also contain internal links, affiliate links to BizBudding, Amazon, Bluehost, and Questrade, links to trusted external sites, and links to RTC social media accounts.
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The 6 stages of my ultimate long term ambitions
