Each month I will publish my dividend income. I will mainly do this for staying self-motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is all about the long term. I am very sure that in 5 years from now I will get my first rewards for the patience and focus on my goals.
The third month of 2018 was without any surprises and quite straightforward, I just saw a slight decrease compared to last years dividend income. This mainly coming from the weak USD. Nevertheless, it was another good month on my journey to financial independence.
Overview dividend income March
My total dividend income in February was 125.83 EUR that is a decrease of 2.1% to March 2017 when it was at 128.6 EUR.
Overview monthly dividend income 2016 – 2018
As you can see in the chart above the development is not the worst, since 2016 I have managed to increase my monthly dividend income compared to the prior year.
Conclusion
My average monthly dividend income in 2016 was at 58.86 EUR and in 2017 it was at 120.58 EUR, for 2018 it is currently at 101.23 EUR.
My projected full-year dividend income is now at 1 628.50 EUR that means I have now an average of 135.70 EUR per month. So I still managed to increase my projected dividend income month by month. Nevertheless, the still weakening USD is a little pain and the increases are little smaller than expected, but it is not the end of the world :).
Again I have to say that investing in Dividend Stocks, ETF’s or whatever which is for the long run really pays you back. It is not that difficult you just need to focus on the long run. I am quite sure in the mid term a lot of us might have a portfolio in the deep reds. But this is time where we should buy and not sell. Investing is for the long term. I am now into that for three years and my snowball already starts to get bigger and bigger month by month. I am already curious where I am in 5 years from now on. It is just important to keep in mind:
