My Goals

GOALS FOR 2024

These are my finance goals for 2024 (post here)!

Check out my Live Portfolio to see where I am at right now. Check out my Dividend Income page to see my dividend growth over the years.

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Projected Dividend Goals for 2024

For forward dividend income, I decided to use bronze, silver, and gold trophies to represent each goal achieved. Each trophy is an achievement based on breaking a set forward dividend mark.

Bronze is the lowest-level goal while Gold is the highest-level goal.

 

 

  • Bronze Cup: Projected annual dividend income of $15,000
  • Silver Cup: Projected annual dividend income of $15,500
  • Gold Cup: Projected annual dividend income of $16,000

 

New Stock Purchase Goals for 2024

For stock purchases,  I will use bronze, silver, and gold medals to represent each goal achieved. Each medal is an achievement based on breaking a number of new stocks added to my portfolio.

Bronze is the lowest-level goal while Gold is the highest-level goal.

  • Bronze Medal: Add 3 new stocks to my portfolio!
  • Silver Medal: Add 4 new stocks to my portfolio!
  • Gold Medal: Add 5 new stocks to my portfolio!

 

Silver Bullion Goal for 2024

I have been building up my position in silver over the years and currently have 65 ounces of silver.

Silver Bullion Goal: Buy an additional 20 ounces of silver! Currently: 10/20

 

Future Milestones

My ultimate goal is financial freedom! This is my journey to achieve that ultimate goal.

Along that journey, there are many milestones. Each milestone is an achievement. Another step towards my ultimate goal.

Milestones are not some yearly goal, but rather they happen over a long period of time. This is about long term strategy, not short term tactics.

 

Future Yearly Dividends 

  • Current Annual Dividends: $15,064.32
  • Next Milestone: $18,000 per year

Future Portfolio Value 

  • Current Portfolio Value: $325,000+
  • Next Milestone: $400,000 portfolio value

Future Average Monthly Dividends  

  • Current Average Monthly Dividends: $1,255.37
  • Next Milestone: $1,500.00 per month (average)

Future Quarterly Dividend Totals

  • Current Quarterly Dividends: $3,766.08
  • Next Milestone: $4,000.00 per quarter

 

Every milestone is a happy moment and achievement worth celebrating. I have celebrated many milestones in the past.

Here are my previous milestones achieved by year:

Past Milestones

2024

  • Achieved $15,000 in yearly dividend income (Post here)

2023

  • Achieved $14,000 in yearly dividend income (Post here)

2022

  • Portfolio crossed $300,000 in value (Post here)
  • Achieved $13,000 in yearly dividend income (Post here)

2021

  • Achieved $11,000 in yearly dividend income (Post here)
  • Portfolio crossed $250,000 in value (Post here)
  • Lifetime dividends totaled $50,000 received over the last 7 years (Post here)
  • Crossed $400,000 in Net Worth (Post here)
  • Achieved $12,000 in yearly dividend income (Post here)
  • Received over $1,500 in dividends for a month for the first time (Post here)

2020

  • Achieved $10,000 in yearly dividend income (Post here)

2019

  • Received over $1,000 in dividends for a month for the first time (Post here)
  • Crossed $300,000 in Net Worth (Post here)

2018

  • Achieved $9,000 in yearly dividend income (Post here)

2017

  • Crossed $250,000 in Net Worth (Post here)
  • Achieved $8,000 in yearly dividend income (Post here)