06-04-2018, 11:07 AM
(06-04-2018, 10:59 AM)crimsonghost747 Wrote: I have a feeling that your old system might even be more accurate since you still actively follow what's happening and you'll have a pretty good estimate of what the growth rate for this year will be. In your new system you are just basing your estimate based on the numbers of the past 5 years.
Personally I just pick a nice round number as my goal for the year. It's been awfully close even though there isn't a single calculation involved.
I always update my spreadsheet at new increases are announced, so I always have my projected income up to date. I'd probably just throw an extra 5% on or something if was trying to get a more exact number.
It will be many years before I actually draw on the dividends for income, so the exact amount doesn't mean much now, other than the dividend reinvestment buying new shares that I get from it.