I want to explain why I do a quarterly dividend update.
- Track how much dividends I make
- Prove that anyone can become a millionaire
- Prove that FIRE works
Dividend Investing
I’m by no means a Die Hard Dividend Investor. Yet my simple investing strategy does net me dividends that I just have reinvested to build me more dividends and wealth. It’s honestly the perfect cycle to Freedom. I have seen a few people track their dividends over the years and thought why the hell not? It sounds like it would be fun to see how these grow over the years.
By the way, I love Personal Capital to track all my incoming Dividends and my Net Worth!
The Break Down
Here are what funds and the dividends I have received from them.
Taxable Account Vanguard
- VTSAX $515
Roth IRA Vanguard
- VTSAX $196
Total $711
That is a +$12 gain in dividends since last quarter’s dividend update was $699.
2021 Dividend Total $1,410
The After Math
Wow, $711 this quarter for the dividend payout. While that is not a ton of money it’s free. I did zero work to earn that money. While I would never focus on dividends as they are very inefficient, it’s cool to see my stocks appreciate as I get dividends every quarter.
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It looks like I might hit around $3,000 in dividends by the end of the year! I always reinvest my dividends to build my portfolio that much bigger and much faster. This is why my wealth strategy has worked so well. I optimize the little things and those have huge impacts on your finances.
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