Building Wealth For Financial Independence and Retire Early
I started out to build an income producing share portfolio 4 month ago and I’ll be sharing updates on how it’s going.Dividends will be fairly uneven for the first few months until the monthly payers are a significant part of the portfolio.The first goal is $500 per month and may take a few more months … Read more
These are the companies i received dividends from in September 2023There are no DRPs all dividends will be manually reinvested. WDS $36.05BHP $55.03FMG $95PL8 $4.40 Total dividends received $190.48 Dividends to date July 23 $77.20August 23 $42.09September 23 $190.84 Total accumulated dividends $310.13
Well it’s been 3 months now since I started this dividend portfolio and it’s already looking quite good.I’m happy with the current stock selection and diversification. Current portfolio dividend rate based on latest prices is 6.98%. Total capital gains are $1,244 or 5.87% Transactions costs are once again zero as all purchases have been under … Read more
I decided to work out a dividend calendar for 2023 so that I have a rough idea of when I will be receiving dividends and how much.Some companies only pay twice a year, other quarterly and 3 in my portfolio pay monthly dividends. Dividend payment months may change from time to time, but it still … Read more
Not a whole great deal but the stock income portfolio has paid a small amount of dividends for July. Amounts are gross dividends. No dividend reinvestment programs are active, all reinvestment of dividends will be done manually. MOT METRICS INCOME OPPORTUNITIES $7.98 PL8 PLATO INCOME MAXIMISER $6.32 RFF RURAL FUNDS GROUP $17.78 IPL INCITEC PIVOT … Read more
A few more buys during the month of July.The market has made some gains since I started buying which is great though could mean further buys will be at higher prices.A few exceptions have been BHP and S32 which I bought again. BHP 23 @ 43.12 for $991.76FMG 45 @ 21.78 for $980.10S32 177 @ … Read more
Second half of June has been a busy month with a few more additions to the income share portfolio.I made an error and only bought $535 of CMW using “quantity” instead of “value” on the buy screen. NB I will not be posting anything more than basic analysis for single stocks or ones that I … Read more
I will be building a long term income portfolio and sharing the process and some of the experience. The main focus of the portfolio is income though I also expect some capital gains over the longer term.Prices will always fluctuate and volatility has been high lately. My criteria for picking stocks to buy will mainly … Read more