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| Topic | My dividend income is slowly picking up. Good sign of things to come |
| CableZL 09/29/20 5:45:53 PM #1: | Previously, I just happened to have a few shares in stocks that offer dividends, but I never really invested in anything very heavily. I started doing a bit of math and realized I could possibly supplement my income pretty well if I really build this up. And long term, maybe have the ability to completely replace my income with dividends if I can invest heavily and consistently for 15 - 20 years or so. I started purposefully investing in dividend stocks back in mid August of 2020 2019 total dividend income: $9.42 September 2020 dividend income so far: $35.04 and I'm supposed to get another dividend payment tonight, which might be larger than the total for the rest of the month if the payout is similar to their last one. I'm hoping I can keep this going and increase my dividend income more and more over time. First big milestone will be to get $300 in a quarter or $100/month. I'm just going to keep manually reinvesting my dividend income and throwing as much of my disposable income as I can at this and see where I end up in 15 - 20 years. I hope this works out. --- ... Copied to Clipboard! |
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