637% YOY Percent Change & New Dividend Income Record | DIU # 14

Percent Change & New Dividend Income Record for July 2018 | The 14th monthly Dividend Income Update on Reverse The Crush

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• 637% YOY growth was achieved compared to last July.

• $46.73 was received in July 2018 (a new record high for 1 month).

• $201.71 in total dividend income has been received in 2018 (Up 247% over 2017).

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Another month has passed and it’s time to report on how the dividend income business performed.

As you can see from the bullet points above, July was a record setting month for income! A new all-time high of $46.73 was received, and it’s the first time more than $40 was earned in a single month. Furthermore, this is the 2nd straight month of 600% year over year increases.

Now that 14 dividend income updates are in the books, my hope is that patience and consistency began to stand out as key themes.

637% YOY Percent Change & New Dividend Income Record | DIU # 14

Key numbers | Dividend Income Update # 14 – July 2018

Dividend income earned in July 2018: $46.73

Total dividend Income earned in 2018: $201.71 (Up $143.57 | 247% increase over 2017)

Total dividend income in July 2017: $6.34

YOY growth compared to July 2017: 637%

Increase over last quarter (April 2018): 17%

How many businesses paid dividends in June 2018: 6

Stick to the Plan – it will pay off

After 14 months of saving money to build a cash flow machine, the portfolio generated almost $50 in one month. How great is that? It’s like receiving a $50 gift card to spend on whatever I want. However, in my case, receiving dividends is like receiving a gift card for the stock market. 

Frankly, if you exclude the financial independence community, most have a hard time saving $50 per month in the first place. To be honest, I’d have a hard time saving $50 if I didn’t pay myself first too.

That’s why patience is a virtue—after 14 months of consistent savings, the RTC portfolio is benefiting from my ability to stick to a plan. Simply put, I do not get emotional about the stock market. I develop strategies and then stick to them.

In my humble opinion, the key to investing is sticking to a plan. It doesn’t matter if you’re a trader, dividend investor, or index investor, you must stick to the strategy or you will fail. The market does not reward investor’s that flip-flop around. Furthermore, investing is about developing strong habits more than it is about being smart. It’s better to earn a low but consistent annual return for decades than it is to flip-flop between strategies.

Percent Change Conclusion

Although it will not be possible to achieve 600% increases forever, the amount of income received WILL continue to rise forever.

$201.71 worth of passive income has been deposited to the RTC portfolio in 2018, which is almost half way to the goal of $425. There’s only 5 months left in 2018 but it still might be achievable.

After realizing what is possible in the first 14 months of dividend investing, I am looking forward to what the portfolio will become over the next 3 to 5 years. It’s fun to imagine how the charts will look and how large the dividend income payments will become. Of course, I will never wish away time because life is too short, and there are compound interest calculations I can use to estimate the growth of the portfolio. But it’s still fun to ponder how the powers of patience and persistence will compound over time.

In closing, the portfolio is on pace to generate $417.20 annually, a new record all-time high for income was achieved in July 2018, and the portfolio has now earned 247% more than the $58.14 earned in 2017. The pursuit of financial independence through dividend investing is in full effect. 

As long as I’m patient and if I stick to the strategy, financial independence through dividend investing is looking more and more like a fool proof plan.

Thanks for reading. Feel free to add to the conversation below.

I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. This post also contains internal links, affiliate links, links to external sites, and links to RTC social media accounts.

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