My Challenge Results – July 2018 Dividend Income

By | July 31, 2018

Challenge Results

 

If you remember a little while back, I challenged some of my readers to increase their total forward income. While I did receive some criticism for it (I always welcome productive and positive criticism).

My intention is to not chase yield, but rather to inspire someone/anyone to save just that little bit more and get that extra money to work for you. Have you seen my Half Year Net Worth?

 

My Challenge was to increase my forward dividend income by $1.00 for every day in July. This meant a $31.00 increase in forward dividend income… so did I do it?

 

Results

My previous months Forward Dividend Income (FDI) was $731.78.

It is now $795.49, that’s an increase of $63.71, which smashes my wanted increase in FDI of just $31.00. I am more than happy with that, although, what I did invest in is a little higher risk.

Check my Portfolio Page out here.

 

Purchases

For a total increase of $63.71 or an increase of 8.70% which is much higher than my desired 4% increase.

How did your month go?

16 thoughts on “My Challenge Results – July 2018 Dividend Income

      1. Mr. Robot

        So just posted about my buys in July. I’m happy to report a $72,32 amount of forward income added or 16,6% 🙂

        Reply
  1. DivvyDad

    Love this idea for a personal challenge to add a certain amount of forward income, although I can see how it could cause some people to chase yield. However, as long as you stay true to your own investing guidelines then it should be all good. I was able to add $174.80 in forward income via purchases in SBUX, JNJ, AFL, and O during July.

    Reply
  2. Charlie

    Congrats on exceeding your objective! From my standpoint, the market provided too few opportunities (though JNJ was tempting), so one minimal purchase made and rolled cash over into August.

    Reply
    1. Buy - Hold - Long Post author

      I will have to take a look and give an update. I should have done that at the half way mark. Might make an update soon. Cheers

      Reply
  3. DivHut

    Keep challenging and pushing yourself to higher limits. It’s always nice when you can crush your anticipated results. Keep those dividends rolling in!

    Reply

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