September is a great month. Summer turns to fall, football returns, baseball teams battle for their chance to continue playing baseball in October, and most importantly, most companies pay a dividend! Let’s review my portfolio and dividend income received during September.
2014 has been a crazy, unreal year for my portfolio. I have pushed myself to invest more capital than I was comfortable investing for the sake of reaching financial independence that much faster. When 2014 began, I was projected to earn only $750 in dividend income. My portfolio only had $17k invested in income producing assets with some major funds just sitting on the sidelines. When the calendar flipped, I initially set a projected dividend income of $1,500 and surpassed this total early in the year. I decided to increase this goal $250 and set a new target of $1,750. I can now proudly say I my projected annual dividend income is $1,752, surpassing my goal. So how did I do it?
Another crazy week in the market. The week started and ended in the green with three red days in the middle. Fortunately for me, I was able to benefit from a positive earnings release and stock for a lesser loss. But the madness did not stop there, I used the proceeds of the sale to purchase another stock on the Diplomats Watch List!