February 2018 – Net Worth Update

Monthly Net Worth Update – February 2018

 

I’m getting really slack with these updates. I really need to get organised more with these. So February saw me looking at a venue for our wedding that we might be having later in the year so that’s exciting. Saving money for it and hopefully cashing out on some crpyto soon so I can buy some new shares. I will be doing a reshuffle at some point too as some shares didn’t perform as well as I hoped so on the chopping block they go.

 

 

Net Worth February 2018

Not entirely sure how we did so well in February but hey I ain’t complaining. A nice percentage increase and finally saw that 50k Net Worth. A couple months late from my plan but as long as it goes upwards I am happy.

 

Forward Paying Dividends February 2018

So quite the change this month. As you can see my forward dividend income rose massively. This was from the announcement that one of the better performing shares I hold is going to be paying a maiden dividend. Best part is, it is going to be fully franked (tax paid for me) and DRP offered at 2.5% discount. WMI has been a great choice for me. Will hold this for the long run.

 

A fun way to look at this is that I get paid on average $56.51 a month, $13.04 a week, $1.86 a day or $0.0774 an hour, even when I sleep. Not a huge amount but it is pretty cool to look at it like that.

 

Dividends Paid

I was paid by one company in February 2018. I was paid by Arena REIT.

I was paid $23.044 cash and paid $0.00 in tax as this is a REIT. I reinvested this cash to purchase another 11 shares adding a total of $1.41to my forward dividend income.

 

Very happy with this month. Hoping my crypto can sell soon so i can reinvest into another share/LIC.

How was your February 2018?

 

20 thoughts on “February 2018 – Net Worth Update

    1. 100k by tomorrow would be good. But realistically, 75k by the end of the year and maybe 100k by middle of next year. It is slow going but slowly getting there.
      I like thinking of that 7c an hour…. could be worse!

  1. I also like the hourly wage:-) congrats on your results!

    For me February was a new record, a total amount of 19.12€ was received and already reinvested together with my monthly deposit.

  2. Congrats on the income and networth increases. I have never heard of Arena REIT but I will do some research now. I managed to get out of cryptos a few months ago but would be willing to get back in if the price was right. Thanks for sharing BHL.

    1. Hi More Div. Arena REIT is an Australian REIT focusing on Childcare, Commercial and some Health Care properties. Check out their previous performance and return to shareholders, absolutely terrific company. Cheers

    1. Hi WFT, $50k is a great milestone for me. Will try to continue to increase this over the long run. This year may be a little slower.
      As long as the forward dividend income is increasing, I am happy.

  3. Nice going BHL and congrats on crossing $50k! $0.07 an hour, every hour, every day, every month, every year is a solid start. Even better is that it should just continue growing over time.

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