The Weekly Investment

Dividend Investing

October 6, 2017 Net Worth Update

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Hello Everyone, this is my October 6, 2017 Net Worth Update.

My stock portfolio has increased over the past year with very little outside contribution.  My dividends are averaging a little over $500 dollars per month.  I have mainly been adding to my emergency fund to reach a goal of $10,000.00 which I have just about accomplished.  I know my goals keep changing.  This is because I am not sure if I will be working at my job after December, so my goals are very short sited!

My plan for the rest of the year is to add 95% of my paycheck to my 403b.  I am doing this for three reasons: #1 to take advantage of some extra hours that I am working at work, #2 to decrease my taxable income, and #3 to cut my paycheck down to almost nothing so that I can feel the burn and hopefully this will spurn me on to focus on building up my paypal account through reselling.  If I do not earn enough money to cover my bills through reselling I will have to use the money in my PayPal or charge to my credit card.  🙂

My goal is to earn money outside of work through reselling and eventually quit my day job.  My day job pays well but I am looking for a way out of the daily grind… I would like to have control of my time and this control is becoming more important to me the older I get!

 

 

 

 

Author: weeklyinvestment

Hi I am 43 years old and started dividend investing in 2015 at the age of 41. This blog provides an example of portfolio changes and dividend growth and compounding. It is very exciting to witness the changes on a weekly basis. My goal is to partially retire within the next three to five years by living frugally and building up my portfolio into a mini pension to supplement and support my frugal lifestyle. I am interested in vegan food, biking, music, exercise, nature, photography, gardening, writing, travel, and investing. I daily wish to be able to have more time to do these things yet I am sadly torn away as I head off to work each day...

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