Money Fitness Journey

    • Q1 2020 Dividend Payout

    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.

    The Break Down

    Here is what funds and the dividends I have received from them.

    Taxable Account Vanguard

    • VFIAX $313

    Roth IRA Vanguard

    • VSIAX $99
    • VGSLX $41

    Total $453

    The After Math

    Well not to bad for literally doing nothing. Again I am not a big fan of investing based on a dividend. Now, what is great the more of these assets I buy the more the dividend grows, and in return the more assets it buys.

    I love to focus on buying assets with average returns in the form of low-cost Index Funds

    Now in quarter three, I will hope to see some dividends from some single stocks I plan to buy in quarter two. That’s right I am starting to go down the path of individual stocks. It will only be a handful and I don’t plan to put a lot of money into them. Just thought it would be fun to track. Also, check out my Monthly Net Worth Update.
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    FIRE HACKS

    Thanks for stopping by. I use affiliate links to support this site at no cost to you if you believe you get value, please consider supporting me by clicking. 

    My favorite free financial tool to manage my net worth is Empower. You get a $20 Amazon gift card for signing up. 

    My favorite free investing platform is M1 Finance. You get $10 for signing up. No trading or management fees plus you can buy fractional shares. 

    My favorite Credit Card Hack are American Express Platinum, Hilton Honors Aspire, and Bonvoy Brilliant AMEX. So far they paid me over $2,200 this year to use these cards. 

    My favorite phone service is Mint Mobile. You get a $15 renewal credit for signing up. I get a year of phone service for a rock-bottom price of $240. As a guy who travels and lives in an RV full-time, this service has been amazing.