I came to you guys almost 3 months ago with an overview of my dividend income and situation. Back then I was bringing in approximately $150 a year in dividends from Robinhood and with all dividends and interest included I was bring in a little over $20 a month. Today this is what we are looking at.
The above table tracks my dividends from multiple platforms (Robinhood, acorns, and stash) as well as interest I receive from Robinhood. As you can see there is a general trend upward and although there were some bad months (January) I receive upwards of $20 a month in dividends. Here is the table in graph form, the blue represents 2017 and the red represents 2018. As you can see March 2018 has been my best month to date with $31.68, or about a $1 a day.
Below is another table tracking my dividend stocks in Robinhood. As you can see I am now making approximately $200 a year in dividends not including stash dividends or Robinhood interest. This equates to approximately 2.5% return on my portfolio in dividends. I also have small positions in some very high yield dividend stock such as CEFL, CBL, and OHI. I am looking into increasing those positions moving forward and cost averaging down when I can, to increase actual percent yield which is calculated in the table below.
Overall, I am impressed with these results as I have been taking my foot off the gas in terms of investing in dividend stocks. I have been looking more into higher potential returns than higher dividend income recently and we will see how that pays off in the future. Currently my largest position is down big right now (~$750) as that comes up as I expect it too in 2018/2019 and I can funnel more money into my investing accounts I will keep you all updated on my stock portfolio and my dividends.
Hey how’s it going everyone hope you all are well. I just wanted to give a quick update on what is going on with my life right now. If you’ve been keeping up with the biweekly goal analysis you know it’s been a crazy couple week and I’ve been super busy. I can say nothing has changed on that front, I am in the middle of our big St. Pat’s party week right now, followed by a hard week of school with tests and then spring break. From then on, it’s still going to be a wild ride to the end of the semester. Because of this I’ve been putting the blog and Instagram on the back burner for a little bit. I was consistently working 16-18 hours a day between school, fraternity, philanthropy, rugby, and my personal endeavors and it was slowly killing me. Soon I plan to refocus my Instagram efforts and get the blog some better tools retain my audience (mailing list, email newsletters, more Facebook ads etc.) but I simply do not have the time to make that commitment all the way. On a positive note I have an internship more or less locked down for this upcoming summer its actually a sales position which is very different from what I am use to or expected to do, but the experience and income should be very beneficial. I think the unique schedule I will be working will also help with this blog, and my other endeavors so hopefully that leads to some explosive growth this summer. I was also considering changing the focus of the blog entirely, as it sits now its me sharing my financial journey, but I guess it’s boring right now to be frank. I’m not making many moves right now since I haven’t had any income since August. I am reading books and learning about successful people and how to be successful and am reading a lot of motivational content so maybe that may be a temporary route I go. As I said above its been busy and we are in a holding pattern right now so hold tight while I get my life together.
If you have any suggestions, ideas, content to talk about, or products to aid in some of my problems stated above let me know!
Man, that was a quick one, a very short and busy month let to some disappointing results but lets not beat around the bush and dive right in.
Looking at the Instagram items, posts and followers were close to the target, again it was a too little too late scenario and its hard to make up for the days with no posts. Overall, I’m not disappointed with this one, I put a lot of effort into it and it was very close just didn’t want to compromise my content for hitting the target, but I may have already… more on that later. Moving to the blog objectives, 40 blog posts and 400 visitors, yea neither of those were going to happen. Had I continued pushing the paid advertising as hard as I did the first half of February then maybe, but without that the views are organic and very low. As I have said before, writing blog posts requires a lot from me, I must be in the mood and mindset to write these up and if its not there then the writing quality is trash and it’s a slow process.
Related to the blog is the mailing list, and I looked at a plugin for it on WordPress, but I don’t think it was ever implemented, at least when I went on the site I never found a form to fill out. Again, related to the blog, affiliate sales still have never took off, of course its much harder with low traffic on the site. Same applies to the Shopify referrals, I had 10 clicks through the site and I never had one go through with the full signup process.
Changing gears again we look at the two book goals, Sell or be Sold, and RentalPropertyEmpire. I finished and posted on Sell or Be Sold, terrific book, great content, it may have persuaded me to take a sales internship this summer, updates to come soon on that. Here is the link for the article though, check it out! http://bsquared.website/2018/02/28/sell-or-be-sold-how-to-get-your-way-in-business-and-in-life-grant-cardone/ I just started Rental Property Empire tonight actually, so far, its pretty basic information I already knew hopefully it picks up in fresh content though, approximately 15% through it.
Last two girls include credit cards and interviews. Despite the check marks the credit cards didn’t get paid off the way I wanted them to so that was rather disappointing, as far as the interviews, the Spring Career Fair at my school was rough this year. Lots of full-time and co-op opportunities but not much for summer interns so that wasn’t good. I did get 2 interviews though, one for the sales rep and one for a steel company. There may be more opportunities coming up but that’s all I have right now.
About the Instagram issue noted above, I have two screenshots from my account tonight. You can see there is a strong inverse correlation between action and discovery and I don’t know why. I have been posting frequently (probably too much but was going for the goal) and I think that may have something to do with it. But I am looking for more link clicks, engagement, and followers. I am getting them slowly but surely, but I would like to master Instagram to deliver the best results for my blog.
Looking forward March is a crazy month at my school. I have 2 tests next week, St. Pat’s, another testing week, then spring break. My philanthropy week is also soon after in April and my team and I are putting in tons of work lately to get that all ready to go. I have made accommodations to my goals by covering the whole month of March in this next set. Hopefully I can deliver stellar results to make up for the last couple disappointing performances. At first I set the bar relatively low for my goals, the more I looked at them the easier they looked and I decided I needed to keep pushing myself so I cranked them back up to a tougher target.
As always let me know what you think, and if you have any suggestions or comments those are always appreciated.