Goals

These goals will be this year’s target, in the end it is my goal to have all expenses covered by dividend income. But the first step will be to build a €100K portfolio. The first 100 thousands is where the snowball starts working for you, this was stated by Charly Munger:

“The first $100,000 is a b*tch, but you gotta do it.”.

Once this snowball is big enough the actual size is not the most important aspect anymore, it is all about dividend income.

Goals 2014:

  • Receive €1,000 in dividend income Failed!
  • Build portfolio up to 33,000 euro Achieved!

Goals 2015 (explanation)

  • Dividend Expense Ratio of 10%
  • €1,200 Dividend Income (50% increase YoY)
  • 100 Money Blogposts

Goals 2016

  • Dividend Expense Ratio of 15%
  • €1,700 Dividend Income (42% increase YoY)

Goals 2017

  • Dividend Expense Ratio of 18%
  • €2,200 Dividend Income (29% increase YoY)

Goals 2018

  • Dividend Expense Ratio of 22%
  • €2,600 Dividend Income (18% increase YoY)

Goals 2019:

  • Dividend Expense Ratio of 25%
  • €3,000 Dividend Income (15% increase YoY)
  • €100.000 portfolio

6 thoughts on “Goals”

      1. Maybe you’re right, I am going to add more goals here anyway as the portfolio value is not really that important. You also have to consider 1 or 2 years stocks dropping by 10-20% by the way.
        Thanks for your comment Jeff!

        Rich regards!

  1. Steady consistent goals – I have no doubt you’ll hit them, especially given the likelihood of dividend growth and the reinvestment of dividends, which will do most of the work each year. Averaging 10% raises and direct reinvestment will take $2,000 in dividends to $2,260 without adding a dime of capital.

    Be reasonable with your goals – but also push. Picking up the extra $200 of dividends each year won’t take too much capital on top of the snowball you’ve already created.

  2. Hi W2R!

    Do you think using 10% dividend growth is realistic? I have used 6% in my calculations. I think that is fair as companies like HCP, O, GSK dont have big raises’and also MCD and JNJ just raised the div 5% and 6%… Which calculators do you use?

    When I use 3% dividend, 6% growth and €500 monthly additions I am just short of 100K in 2019

    Thanks for thinking along!

    Regards

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