Money Fitness Journey

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    Q1 2021 Dividend Payout

    April 16, 2021

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

    Taxable Account Vanguard

    • VTSAX $504

    Roth IRA Vanguard

    • VTSAX $194

    Total $699

    That is a -$81 loss in dividends since last quarter’s dividend update was $781.

    2021 Dividend Total $699

    Dividend income 1st quarter

    $699 of free money

    That's my stimulus check for

    Planning a blueprint for my financials

    Putting into action steps for it

    Pivoting when I have to

    Sticking to it

    Believing pic.twitter.com/u0W6eGOc6K

    — David | Money Fitness Journey (@moneyfitjourney) March 30, 2021

    The After Math

    Wow, $699 this quarter for the dividend payout. That is almost half of the $1,400 stimulus paycheck I just got from the government. Interesting to think that I get more every year from a dividend payout than how much my government gave me under two different leaders for COIVD relief efforts.

    This is why capitalism is a great tool that can help everyone. By being an investor and investing my money I get more opportunities to help others. I get more money in the form of dividends and the value of my stocks going up plus the ability to execute an SWR plan.

    __________________________________________________________________________________________________________________________

    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 Personal Capital. 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 is 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.  

    Filed Under: Financial Independence

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