Whats up fellas, welcome back to another monthly dividend monthly update. Just surpassed $300 in earn dividends for the year, surpassing 2017 earned dividends of $270.03. My math predictions tells me that i am guaranteed to double what i made last year and more. If my income stays at $50 a month for the rest of the year i will hit a little over $550. We all know thats not going to happen, my income will definitely continue to increase. Everything is looking pretty good for the year, lets see if i can do $650 in earned dividends this year =)
Without further or do lets get to buisness
Roth IRA
Taxable Account
Total: $49.30
YoY: 105.24% (i miss +200%, im getting greedy lol)
Purchase: 10 shares of KO, and 6 shares of QCOM
QCOM is almost at 1 share a year DRIP rate, buying around 88% of 1 share a year. (CSCO at 88%, WPC at 93%, O at 99%, & MAIN at 161%) Im noticing my dividend payments are starting to compound faster with my DRIP strategy, thats looking good as well (math equations on top of more math equations). Soon ill have $1000 left of my $5,500 contribution limit, once thats complete the Taxable account will come into play. KO and LNT will be my next purchases in August.
Well thats it for this one folks, just a quick little update. Dont worry about the income going in a downtrend thats only temporary i got that taken cared of. Next quarter the dividends will look much better =) Hope you guys enjoyed this short update, keep stacking them sweet dividends, and ill see you guys next time.
