Over the last few weeks, we all have spent many hours preparing tough/challenging goals for the year ahead of us. Why not? It is fun and exciting to think about the future and map out where you want to be a year from now. Before I fully shift modes and focus on knocking out my 2016 goals one by one, I figured I should take a cold hard look at my 2015 goals and see how well (or poorly) I performed during the year. Even though it was not articulated as well as it could have been in my article, the results of 2015 were a major influence in setting the table in 2016. So now, let’s have a look at my final 2015 goal review and see where/how I can improve in 2016.
Tag Archives: Roth IRA
Bert’s Quarterly Goals Review – Q3 2015
Even after writing my September Dividend Income Summary, I still can’t believe that the third quarter of 2015 has come to a close. Holy cow, where has all of the time gone? Just like Lanny, I perform a quarterly goal review to track my progress so I can make any necessary adjustments before it is too late. Let’s take a look at my progress through the first nine months of 2015!
Recent Buy – Emerson Electric (EMR)
I have been compiling some cash recently and had enough to establish a great entry-level position in a company. Over the last few months, there have been many events impacting the market and pushing the price of some great companies lower and lower. So I wanted to make this purchase count and pick up a rock-solid dividend paying stock, one that I now think should be included on Lanny’s infamous foundation stock listing. Unfortunately, the title gave it away. See why I decided to invest in Emerson Electric this week.
Crushing $4,000 in Projected Dividend Income
I am on a mission here. It’s weird, we just transitioned our blog to a newly hosted domain site – this just helps solidify the goal myself and Bert are trying to attempt – Financial Freedom. I have started the year off with an initial dividend income projection goal of $3,200 and decided to not achieve it, but CRUSH it. What exactly am I doing to do this, where is my goal currently at and why?
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Bert’s June Investment Report
We have now reached and crossed over the halfway mark of 2014. I can’t believe it! Time flies by and I feel like you seem to lose track of time as you go through the motions of adulthood. With that in mind, it is time once again to assess how my portfolio performed during the month of June and to revisit the goals that I set for myself at the beginning of the year. Continue reading
Crossing the $40k Mark
Lanny is not the only person to hit a milestone this year. We are only 6 months into 2014 and I reached my ending market value goal of $40,000. Through a healthy dose of appreciation, dividend payments, and a Roth 401(k) match from my employer, my portfolio has finally crossed this benchmark.
Maximizing your Roth for 10 Years… Then Set It & Forget It!
Now I know I am one to fully dive into research, use calculators and figure out the, hopefully, most efficient and effective way to get to a goal. Today I want to show you that if you maximize your Roth IRA contributions, currently at $5,500 per year, you can do so for 10 years and then all of a sudden you can STOP contributing… Yes – STOP placing more funds into your personal Roth IRA. This is the “set it and forget it” model and I will show that through dividend reinvestment and a conservative market return allows you to no longer need to really contribute after 10 years, as you’ll have quite a “hefty” nest egg and will be able to use the $5,500+ on other investments – like your individual-taxed stock portfolio. Read more to discover the benefit of maximizing your Roth IRA. Continue reading