Monthly Net Worth Update – June 2017
June 2017 has been a really crazy month for me, hence why the lack of posts onto my blog. I really hope in the second half of July or even August will bring some relief to me. My debts are lowering every month and my assets are increasing every month, so overall that means my net worth will increase! Let’s keep the net worth going up and continue to produce great results. My net worth is quite low compared to others but as long as it is increasing then I am happy!
Net Worth Update – June 2017
Below you will see my Net Worth for the month of June 2017.
My Net Worth increased by a reasonable 5.51% overall. Debts were slightly decreased and assets were increased. Most of the net worth increase came from cash savings and additions in my Stock Portfolio. This is an increase of $1978.99 in the month. I was hoping for a little more but an increase is an increase. Hoping to continue increasing this for the rest of the year. Lets reach that 50k mark before the end of the year!
Total Forward Dividend Payments
Rural Funds Group (RFF) had a small capital raise to existing share holders only to lower debt and possibly purchase another cattle farm in Australia. I really like the management here, they are kicking goals! I got my full allocation of 152 shares and then also made another purchase of 637 shares of RFF to bring my grand total to 1474. To top this off, I got in before the ex-dividend date which means once the payment date comes around and the shares are DRP, then I should receive even more and increase that total forward dividend.
As you can see my total forward dividends has increased to $579.22 in a year and my average monthly payout is $48.31. I really like tracking it like this as it allows me to see how my shares are performing and dividends just keep increasing. Lets try and get closer to $1000 total forward dividends by the end of the year.
How did your month of June go?
I am extremely close to bringing you some very good news. Think bricks!