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
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
- VTSAX $393
Roth IRA Vanguard
- VSIAX $122
- VGSLX $48
- VWNDX $86
That is a +$196 gain in dividends since last quarter’s dividend update was $453.
2020 Dividend Total $1,102
The After Math
So for quarter two, I saw a sweet increase in those dividend payouts! This is simply because I own more shares now and the more shares I own the more I have invested in these accounts the more my dividend payout is. Now the downside to this is they can lower these dividend payouts as well. This is why I would never focus on a dividend payout. Instead, I focus on owning every traded company in the market. This way I take the guesswork out and let them do the heavy lifting for me.
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