A couple of days ago I posted my long overdue net worth update, but as you all know building a huge asset portfolio is not the main goal here. First and foremost I want to achieve a sustainable and passive income stream through dividends rather than a quickly appreciating list of assets. So let’s see how I’ve been doing on that front for the second half of 2016 and let’s set an income goal for 2017!
With 2016 officially over it’s high time to see where my portfolio and net worth ended up. Due to a lack of enthusiasm for blogging and other priorities the past couple of months I missed the third quarter update, so I’ll just combine both in one big post and explain what’s changed since June.
Dividend income, it’s amazing! Seriously, as I progress further and further in my financial independence journey I become increasinly convinced that dividend income is what keeps me on course. Monthly savings differ and stock prices love irrational ups and downs, but dividends from established businesses are something you can count on – month after month. They’ve kept my eye on the ball in the past two years.
The second quarter of 2016 is officially over and that can mean only one thing – it’s time for a quarterly net worth update! When I first started blogging I published all net worth changes on a monthly basis, but not too long ago I switched to a three-monthly update.
May is undeniably the preferred month for European dividend growth investors. With most European companies paying a dividend just once in the year, May feels like Christmas during spring time. Our income charts see a strong spike upwards and so does our investor’s spirit.