It’s time for the monthly dividend income update. As always, you can find the updated info any time on the Dividend Income Spreadsheet and the Portfolio Spreadsheet.


  • July is a weak dividend income month
  • Dividend Income for July 2018: $70
  • Year to Year growth for July: 10%
  • Total YTY growth: 75.12%
  • Moved back to Norway

Living While Saving

Yup, back in Norway now. First, felt a bit strange seeing freakishly tall, or just in general, big people, but now I’m already used to it. I must admit, it’s quite nice to just walk or take the bus for a maximum of 20 minutes when I want to go somewhere. In Tokyo, I sometimes spent as much as 4 to 5 hours a day just commuting back and forth. Don’t really miss that.

Oh, yeah. About frugality. I’m really fucked here. I have managed to get a girlfriend based in Tokyo, while I’m in Norway, so now I have to spend at least $2000 a year on flight tickets. Time to step up the side hustling.

But, frugality is about cutting out stuff that does not give value. That’s not the case here, so I don’t really care.

You only get one shot, do not miss your chance to blow
This opportunity comes once in a lifetime  – Lose Yourself, Eminem

Life has been good lately. I’m doing a project now where I try to read or listen to all of the bestsellers from Audible, and just finished Born A Crime by Trevor Noah (4.9 rating by 90000 people). Another wonderful book which opened up my world a bit more.

Another funny thing. After completing a program similar to the Deutsche Bank analyst bar exam, I’m motivated to move forward and go for the CFA. Let me tell you, being interested in finance, the world, reading tons of books, and talking with investors have made me knowledgeable without realizing it.

What this means, especially for those of you still in school, is your time spent talking and watching stocks is not wasted. While most other students seek to understand the theory (and many do), you are able to see the red line and actually use it in the real world.

FYI, when I say watch stocks, I DO NOT MEAN watching the stock price. I ‘m referring to the act of reading the transcripts, the reports, the balance sheets, the financials, the process of understanding key ratios, the product line, the segments, and how stuff affects the firm


July 2018 Dividend Income

The total dividend income for July landed on $70 which is a 10% increase from July 2017. The total dividend for 2018 is now 16,175 NOK or $1,910 which means a 75.22% increase from 2017.

For the income per month, day and hour, as well as the SleepMoneyTotal, go to the Dividend Income Spreadsheet

As we can see, next year, the dividend income should be $3,258 or 27,592 NOK if I don’t reinvest anything. Most likely I will, so $3,381 or 28,631 NOK is more likely.

Right now, I am making round 8 USD per day and for 2019, that will increase to 9 USD. My hourly wage is still very very low, but one day this number should be double-digit in respect to USD.

Well, 3 USD or 24 NOK for sleeping. At least my coffee is “free”

The main objective now is the make sure that I beat the past year’s income. For July, that’s also the case.

The accumulated income is now close to $4,000 USD. Can’t wait to reach $10,000.

That’s it. We are done with July and can finally move on to a few more rewarding months.

Take care,


Categories: Dividend Income


Mr. Robot · August 19, 2018 at 12:34 pm

Hey Stockles, that’s quite the move from Tokyo to Norway. Are their other cultural differences you have to get used to?

$70 and 10% is definitely solid. Its double my income so nothing to scoff at 🙂

I Want Dividend · August 19, 2018 at 2:10 pm

Feels like very rewarding to have a 75% dividend income increae versus 2017.

Jallapeno · August 19, 2018 at 6:02 pm


We’re almost at the same level. I have 9,12 a day now. Nice this is fun, I started this journey 1.January. Can’t wait to compare it from year to year

    Stockles · August 19, 2018 at 6:25 pm

    Hi Jallapeno,

    Yes, that is actually pretty cool. I do not include diviends from funds. Do you?

DivvyDad · August 19, 2018 at 6:37 pm

Congrats on the dividend growth, moving back to Norway, your Tokyo-based girlfriend, and pursuing your CFA! Sounds like you’ve been busy!

How are you finding the cost of living adjustment? I know Tokyo isn’t necessarily cheap but what I know about Norway is that it is a quite expensive place to live.

    Stockles · August 19, 2018 at 6:44 pm

    Hi DivvyDaD,

    The snowball is rolling! That is for sure!

    True, Tokyo is cheap, at least for us norwegians. My german friends were not that happy, but Tokyo is not as expensive as people want it to be. Not at all.

    Well, it is different. In Tokyo, I never ate home. Now, I eat everything home. Going out to restaurant is not something we do in Norway. Most people misunderstand and think that everything is expensive. That is not the case. The cost of going grocery shopping might be a bit more costly, but in general, the difference is not that crazy.

    As long as one does not buy much bread, a bunch of shots at the club and don’t eat out too often, the cost of living in Norway is quite fine.

      DivvyDad · August 19, 2018 at 6:48 pm

      Thanks for the feedback on the cost comparison. That’s a very good point re: the eating out costs, as most of my experience was from colleagues at my former employer who had traveled to our office in Oslo. They noted how expensive it was to eat out, which they did for most meals given they were traveling.

      Keep that snowball rolling!

ogellers · August 20, 2018 at 2:06 am

Welcome back to Norway 🙂

Personally i got no dividend check in july, but luckily my rental income ticks in every month at 6350 NOK after expenses and taxes. But then again, i have a mortgage to pay down with that money. But in the future, hopefully when i am 45ish the place is all paid for and the “money for nothing” dream is gaining momentum 🙂 I will continue to deploy capital towards dividend stocks. My latest buy is SVEG (sparebanken vest). I pay them interest every month, so i thought i could try to get a minescule amount back when they hand out a dividend 🙂

    Stockles · September 4, 2018 at 11:43 am

    Thank you Ogellers,

    6350 isn’t something to neglect at all. Do you feel it’s worth the time effort? I’ve been thinking about the same, but just can’t imagen how hard it must be if you happened to get a bad lodger. One of my friends got a lodger who was sitting in his room with a knife, and then suddently went away. He had to pay 15000 NOK for rent because he lost the contract.

    SVEG is for sure interesting. Great value and easy to hold for a long time.

      Ogellers · September 5, 2018 at 7:03 am

      I have had no problems during the 5 years i have rented it out, but had to replace a broken dishwasher once. Next summer tho the tenants will relocate and i will have to find someone new. Hopefully the next tenants will be as nice as the ones i have today.

DutchIndependence · August 20, 2018 at 6:26 am

Nice income report with a solid YoY gain Stockles! Congratulations on the new girl, it will cost you some money but seeing her should be worth every penny, I have the same situation just a little closer to home (Italy). I like the way you calculate your income per day (or night, sleeping and getting paid $3 ain’t bad!). I feel that breaking it down like that makes the money more real for myself. Looking forward to seeing next month!


The Beta Post · August 22, 2018 at 9:35 am

Congratulations on your new relationship! Don’t hesitate to spend money on visiting her (love your Eminem quote here :p)

After my semester abroad I also thought of taking the CFA, but never did. I guess it’s more known outside Norway, but definitely a degree that will make your CV stand out.

Btw, as a fellow Norwegian, have you started using IPS? I just started myself, and wrote a small post about it.

    Stockles · September 4, 2018 at 11:46 am

    Hi Beta Post,

    Thank you my friend. It’s awesome! Nope, I haven’t, but will do soon. I’m saving in BSU and the stock market right now, aswell as spending a lot of money on travelling, so haven’t started yet. Will check out your post!

Sebastian · August 23, 2018 at 5:30 pm

Welcome back to Bergen, did you miss the rain? 😉
Great post

    Stockles · September 4, 2018 at 11:44 am

    Hi Sebastian,

    Hah, not really. But I did miss the nice view and the mountains. Great to be back though!

John Morris · September 4, 2018 at 3:47 am

I always look out for every update. They are extremely inspirational so thank you for them. It’s awesome to see that you are getting closer to your goal. A 10% increase from last July is great. BTW, congrats on your new GF. Keep the updates coming!

    Stockles · September 4, 2018 at 11:44 am

    Glad to hear that John! Thank you!

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