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 July amounted to $1,863.28.
- Total investments in 2015 so far equals $16,558.23 which amounts to about 47.30% of my goal. I am still behind in this goal by a huge margin. I need to invest aggressively to catch up.
- Receive at least $2,500 in dividends
- I received $280.17 in dividends in July. So far I have received $1,511.21 in dividends this year. This represents 60.44% of my annual goal.
- I will be able to achieve this goal based on this pace with increased investments and dividend increases.
- Achieve at least $3,200 in projected annual dividends
- My projected annual dividends stand at $2,908.21 at the end of July. 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 did not initiate any new positions in July.
The goals page will be updated to reflect the progress.
Great job man! Keep chipping away!!
Thanks Mike. The monthly review helps me to keep focus – though I haven’t been taking action on new investments for a few months now.