Goals update – May 2015

I like to review the progress at least once a month to determine where I am with respect to meeting/achieving my goals.

These are the goals for 2015:

• Invest at least $35,000
  • New investments in May amounted to $3,700.00. 
    • Weekly sharebuilder purchases amounted to $1,200
    • Initiated a position in Exxon-Mobil (XOM)
  • Total investments in 2015 so far equals $13,194.95 which amounts to about 37.69% of my goal. I am still behind in this goal. With almost half the year gone by, I need to invest aggressively to catch up.
• Receive at least $2,500 in dividends
  • I received $126.51 in dividends in May. So far I have received $978.43 in dividends this year. This represents 39.13% of my annual goal.
  • I will be able to achieve this goal based on this pace. Will review the goal in a month or so and revise as needed.
• Achieve at least $3,200 in projected annual dividends
  • My projected annual dividends stand at $2,793.22 at the end of May. I will need increase the investments to keep pace to achieve this goal.
• DO NOT have a portfolio of more than 45 stocks/ETFs
  • Currently hold 41 stocks/ETFs. I initiated one new position (XOM) in April.

The goals page will be updated to reflect the progress.