09-17-2024, 06:42 PM
(09-17-2024, 04:31 PM)EricL Wrote:(09-16-2024, 07:21 PM)ken-do-nim Wrote:(09-12-2024, 11:02 AM)EricL Wrote: I added a couple shares of TROW this morning ahead of tomorrow's ex-div.
Passed the $4,000 projected annual dividend income mark this week. The portfolio started with $731.47 in dividend income in 2013.
That's terrific! What do your projections show for 10 years from now?
Around $10,000 if I can keep income growing at 10% annually. I've been under that the last couple of years because I'm holding some higher yield, lower growth REITs, so I'm not sure if I'll be able to keep up at that pace.
Cool stuff!
I find it very hard to do projections because most of my dividend gains will come from additional funds coming into my portfolio, and I have no idea what demands will be placed on my budget 2 years from now let alone 10. Even just this year, I didn't see all the dog or uber ride expenses coming. It's kind of funny, but my path to financial freedom partly lies in my daughter learning how to drive.