2017 will soon be in the books, and what a year it’s been. Financially, I’ve added more than $10,000 to the portfolio and $3,000 to the funds portfolio. The dividend income has risen from $336 to $1,117 which means a 232.44 % YTY growth. But my forecast for 2018 is even more motivating. Before we go ahead and look at the dividend forecast for 2018, let’s take a look at this months Dividend Income Update.
- Total Dividend Income for December: §30.53 or 253.30 NOK
- Last year: $5.09
- Dividend Income December vs Total Spending: 3.15%
- Payment from 3 companies
- Total Dividend Income closed at $1,117 which is $117 above my bold $1,000 goal
- Total dividend income growth YTY from 2017: 233.44%
Companies paying me
- Realty Income Group paid $9.25
- Dominion Energy paid $11.68
- Starbucks paid $9.35
- Super Dividend Income ETF paid $2
2016 VS 2017
It’s very motivating to compare a dividend income year against another because I can see the effect of my invest-style. As my blogger friend TallInvest said, the only thing we can control is how much capital we add. The market moves the way it wants, but you can change your income by adding more money when prices are fair. I’m very glad to see that all bars are growing, but also that all months are covered.
A very important factor for me to stay the long-term dividend road is that I can see results. Before I started this blog, I only received about two big payments each year. I must admit, that was hard. Too hard. While I’m a patient guy, waiting 365 days before something happens is just too difficult. I couldn’t do it, so I changed my strategy and used Dividend Carpet Bombing. It didn’t take long before I understood that I’ve done a smart move, at least a move that worked for me. Now, I’m way more relaxed, but also more focused. 2017 has really been an eye-opener for me.
Forecast for 2018
My forecast for 2018 is as of now $1,913 or 15,812 NOK, which means a 74.59% increase YTY from 2017 to 2018. However, combine that with increased dividend growth and my capital of $3,500 which I’m expecting to use today or tomorrow, and we shall see $2000 in dividend income for 2018. Man, that feels good.
2017 VS 2018
That’s it. Hope you all had a wonderful Christmas day and let’s meet 2018 motivated and focused. Bull or Bear market, focus on what we can control, and wealth shall follow. By the way, I’ve fixed the portfolio so that it´s easier to see my positions and core stocks. Take a look: Portfolio. Thanks for reading,