In an effort to keep my focus on creating a real dividend income stream I thought it would be helpful to take look at the growth every few months. I don’t think every month is an answer because it is a very, very slow build but every time I think about it I’ll take a quick look!
I created a few ascertainable goals. Some are short term and some are long term this way I don’t get bored:
- Half of one month of my primary mortgage
- One month of my primary mortgage
- Covering my entire annual cost of my home for the year
- $100,000/yr
- $250,000/yr
I chose my home debt servicing as a short term goal because it is a bill/expense that isn’t going anywhere any time soon.
| GOALS | 2/1/2025 | 3/12/2025 |
| $2,300 | 72.57% | 73.94% |
| $4,600 | 36.29% | 36.97% |
| $55,200 | 3.02% | 3.02% |
| $100,000 | 1.67% | 1.67% |
| $250,000 | 0.67% | 0.67% |
| $1,669.16 | $1,700.64 |
It is exciting to see both my share count and the total annual dividend increase without outside funds being added since that is the point of the account! As I unwind assigned shares and can continue to buy additional shares this exercise should get even more fun since it should move quicker.