Happy Fourth July Everybody!!!! As im putting this update together i can hear fireworks going off :)
Whats up fellas, welcome back to the Dividend Mascot blog. As you can see by the the chart above i have hit a new monthly record. This month was the final chapter for the taxable account, all 4 holdings (VCLT) (VZ) (PM) & (RDS-B) are all 4 figures in value which reached my personal quota for the account. Less holdings + heavy weighted holdings = faster compounding overall, the purpose of this account is too provide a cushion of additional income for my 40 year old self 16 years from now. At 40 i will still work and grow both my accounts, this is "semi-retired". The Roth IRA is set for when im 60 which then ill be "fully retired", i call this "The layered retirement plan" for me i have 2 stages. Just wanted to re-visit my plans between the 2 account's as i transition back over to the Roth IRA to max out the left over $4,300 out of $6,000 in yearly contributions. So lets go over the dividend income ;)
Roth IRA
Total:$74.46
Taxable Account
Total: $22.65
Grand Total: $97.11 (pops a bottle of champagne)
YoY: 87.72%
Purchases: 4 shares of PM, 8 shares of VZ, & 6 shares of VCLT
The Quarterly performance for Q2 of 2019 is $263.45, surpassing the goal of $250+. My goal for Q3 is $300+ in dividends. Taxable account also hit a new record surpassing $20+, growing faster than i thought. If you been a follower for a while, you know that i LOVE these boring monthly bond etf's (VCLT & VWOB) that you could set up to spit out a fat dividend every month. VCLT is now one of my biggest holdings, it just boring and brings in monthly cash flow compounding on a monthly basis. I rarely talk about these holdings on this blog, need to show them some more love lol.
As i move over to the Roth IRA my target stocks are (PEP), (CLX), (MCD), & (JNJ) to scale up to 4 figures in value. Strictly targeting my under weighted holdings for the rest of 2019. Im 1,000% determined that i will max out my Roth IRA in no time. Pushing these accounts as hard as i can while im still young.
Infinite Determination like Goku :)
love how he said thats only half his strength, directly correlates with
im only halfway through the year ;)
im only halfway through the year ;)
I almost hit $100 this month so im all fired up for the last 6 months of this year guys. Hope you all enjoyed the blog, keep on stacking that sweet dividend money and ill see you guys next time ;)
