The purpose of this portfolio is to build and grow passive income. The sky is the limit to how big this income stream can be built to. Time is a very important resource in investing. To take full advantage of my situation, I started investing very early to get a snowball rolling.
I just loaded $10,000 into my brokerage account, will be seeing in the next few days how I can increase my dividend income even further. Right now my annual dividend income is at $18,292 USD and I believe the portfolio's overall dividend increase this year will be 12%. This is possible because I reinvest all the dividends. With this growth, using the present dividend output, the portfolio can increase income by itself at ~$2200 a year.
I want to try and get my monthly moving average to $2000 a month in dividend incomes.
Right now, I am forecasting July to pay $1740 in dividends, which is also very good. And August will output around $1050.
Man that's some really inspiring stuff YD! Seeing how quickly you've gone from $0 to now $18k+ in annual dividends in fantastic. Especially with each month now on track to be over $1k and just going up. Also, I love seeing your dividend growth projection at 12%. That's huge and even more so when you think about what that means for just organic dividend growth. $2.2k per year from that alone will be a nice increase each year. All the best in the second half.
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