I wrote my goals in January, I was so naive. Seriously check out what I wrote for the dividends goal. I actually had the nerve to write that I thought it would be easy to make $200 from dividends in 2012.
I have been posting these monthly updates since I got my January dividends. I got $7.57 in dividends that first month. I thought that was awesome. I thought that number would go up every month by a fair amount and I would soon be pulling in a great amount for anybody let alone a student. Again, pretty naive. This month I got $7.60. Luckily this is as low as my monthly total will ever be. I have a stock that pays quarterly so four months of the year my total is higher than this.
With this month’s dividends I have received $42.48 this year so far. Dividing that by 5 months that have passed and then multiplying that by 12 to get an annual estimation I am on pace for $102. That total is inching upwards but is nowhere near my original goal.
I am not worried about reaching the goal. I know that I set that goal far out of reach. But I do look at the monthly dividends of others like My Own Advisor and $25,000 Dividends and can’t help but fantasize getting as much as they do, and some day getting enough to pay for everything I will ever need to buy. That is far off yet but every month that dream gets a little closer.
These posts are my form of trying to inspire others to take joy in dividends like I do. And I like having a place to track my progress. Already I can go back and look at January and see my lowest monthly totals are already three cents over January’s dividends. Next January I will hopefully get to look back and laugh at how small of a month that was.