Week-off Recap and FI Goals for November - Dividend Income Investor (2024)

Perhaps I’d already be an FI blogger if I took the time to solve problems rather than write for myself.

On the other hand, success comes naturally if you can attract enough eyeballs to your product or service.

In the case of RTC, I write for the purpose of documenting.

I frequently publish blog posts aboutgoal-setting,dividend income, andblogging. And I occasionally scatter in creative blog posts when I find the time.

But even the creative posts are written out of personal interest. In fact, most of them are just over-edited, therapeutic venting.

Albeit, blogging has a very specific purpose for me – personal fulfilment.

Blogging has become a creative outletto document the power of consistency.

I get to write articles on subjects I’m enthusiastic about. And I have the chance to be creative through style and presentation.

It’s also an opportunityto motivate by sharing how small steps lead to success through goal-setting.

And documenting progress happens to be the reason why I publish my goals each month.

Here are the FI goals I’m working on in November:

[bctt tweet=”Week-off Recap and FI Goals for November ” username=”reversethecrush”]

  1. Publish 7 Blog posts. Including this post, there are 4 blog posts already published in November. The reason I’m aiming for 7 is based on the remaining recurring blog posts. The plan is to publish the blogger analytics for October, the Clever Articles of the month, and the dividend income update for November. I do have a few more creative posts planned, but I’m not sure when I’ll get the chance to schedule those in.
  2. Save 12% of my net income. I understand that 12% is not a number that jumps off the page. Nor is it a number that will help me achieve FI. However, you’ll have to bear with me this month. The holiday season is upon us and I have some catching up to do. Furthermore, December is planned to be big month for savings. Stay tuned.
  3. Increase dividend income by $15.00. Once the new year roles in, I plan to readjust and take more control over my savings strategy. My goal is improve my habits so that I can get the minimum monthly dividend increase back up to $25. For now, I’ll have to keep it at $15 per month, which is about what I’ve been averaging.

Begin a new stock position – Fail. I only added to existing positions during the month.

Save at least 15% of my net income – Fail. I only managed to save 12.3% of my net income in October.

Increase dividend income by $15 annually – Fail. But I was really close. I added $14.26 in annual dividend income in October.

Update 5 Images and Create a Resource Page -Fail. I updated 2 or 3 images on older posts. However, I failed to complete a Resource page.

Publish 6 blog posts -Fail. I ultimately ended up publishing only 4 blog posts in October. Admittedly, the anticipation of the vacation caused me to slow down. The 4 blog posts published in October are included below:

  1. Clever Articles on Blogging, Investing, and Financial Freedom #11
  2. A Blog Post about Sponsored Content that’s not full of S–T
  3. Annual Dividend Income Projections – Q3 Update
  4. Increase Income, Save Money, and Blog Better

I chose the photo above as a reflection of where my mind was at prior to these last 9 days.

I needed to get away from everything and completely unplug for a week. Otherwise, I was probably headed for a breakdown.

As the last few hours of my staycation are coming to a close, I find myself wishing for another week.

It honestly feels like I’m just getting started. I just love this blogger lifestyle, and it’s easy to visulize spending my time managing investments and publishing 3 blog posts per week.

With that said, I’ll sadly take one last late night shower to remember what it feels like to shower after working on the blog all day.

I’ll stumble over to the local grocery store in shabby AF clothes one last time to reminisce.

It never hit me until this past week, but mini-retirement has completely shifted how I view vacations and time off.

Although I’m beginning to crave a warm, tropical vacation again badly, I find myself longing to emulate the lifestyle I had during my year off.

This past week has felt like a time capsule. Even though the days cruised by, they passed by as if they were in slow motion.

In fact, the writer behind this blog was off work for long enough to begin to see signs of life.

Though I won’t get the chance to experience an FI lifestyle again in the near future, I think that I got enough juice to keep me going for a while.

I was able to see the full vision of what day to day life looks like as a dividend investor and blogger. And it has reinvigorated me until further notice.

Another positive note about my week-off was that I earned Google Adsense income every single day.

Though it was only a small amount of income, it’s never been consistent this many days in a row before.

Hopefully that’s a sign of things to come if I keep putting in the work.

In regards to my failed performance with last months goals, I wasn’t too far off with 3 of the goals, and at least page views increased over September.

But the failed performance is also why the goals are being kept simple and precise for November.

The 3 goals are achievable and are targeted towards the fight that matters – reaching FI through blogging and dividend investing.

Questions for the readers: What goals are you working on in November? Have you taken any staycations recently?

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Week-off Recap and FI Goals for November - Dividend Income Investor (2024)

FAQs

How to make $2000 a year in dividends? ›

If you have $35,000 that you can afford to invest in stocks, you can use that money to generate about $2,000 per year in annual divided income. Investing in just three stocks -- Bristol Myers Squibb (BMY 4.73%), AT&T (T 1.65%), and Realty Income (O 2.23%) -- can help you accomplish that.

How much to invest to get $2 000 a month in dividends? ›

Earning $2,000 in monthly passive income sounds unbelievable but is achievable through dividend investing. However, the investment amount required to produce the desired income is considerable. To make $2,000 in dividend income, the investment amount and rate of return must be $400,000 and 6%, respectively.

Can you live off ETF dividends? ›

While it is possible to live off ETF dividends, you'll need to do some careful planning to make it happen. You'll need to balance how much income your investments bring in and how much you spend.

How much capital do I need to generate $50000 dividends in a year? ›

And the higher that balance gets, the less of a dividend yield you'll need to generate some significant income. If, for example, your portfolio gets to a value of $1.5 million, you could invest in a fund or multiple investments that yield an average of 3.3%. At that rate, you could generate $50,000 in annual dividends.

How much do I need to invest to get $1000 a month in dividends? ›

If you want to collect $1,000 in safe monthly dividend income, simply invest $121,000 (split equally, three ways) into the following three ultra-high-yield monthly payers, which are averaging a 9.92% yield.

How much to make $500 a month in dividends? ›

That usually comes in quarterly, semi-annual or annual payments. Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.

How much in dividends will I make with $1 million dollars? ›

Stocks in the S&P 500 index currently yield about 1.5% on aggregate. That means, if you have $1 million invested in a mutual fund or exchange-traded fund that tracks the index, you could expect annual dividend income of about $15,000.

How to make 5k a month in dividends? ›

To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%. For example, Johnson & Johnson stock currently yields 2.7% annually. $1 million invested would generate about $27,000 per year or $2,250 per month.

Which stocks pay the highest monthly dividends? ›

Top 9 monthly dividend stocks by yield
SymbolCompany nameForward dividend yield (annual)
EPREPR Properties8.15%
APLEApple Hospitality REIT6.60%
ORealty Income Corp.5.98%
MAINMain Street Capital Corp.5.82%
5 more rows
Jul 1, 2024

How much money do I need to invest to make $3000 a month in dividends? ›

To make $3,000 a month from dividend stocks, you'll need to consider the average dividend yield of your portfolio. The average dividend yield is about 5%, so to achieve $36,000 in annual dividend income, you'll need to invest $720,000 (36,000 / 0.05).

How much money do I need to invest to make $4 000 a month in dividends? ›

But the truth is you can get a 9.5% yield today--and even more. But even at 9.5%, we're talking about a middle-class income of $4,000 per month on an investment of just a touch over $500K. Below, I'll reveal how to start building a portfolio that could get you an even bigger income stream than this today.

How much money to make $500 a month in dividends? ›

That usually comes in quarterly, semi-annual or annual payments. Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.

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