Tuesday, January 3, 2023

Goals 2022 / 2023

 As I finished list of goals for new year, it would be good to check also 2022 as a quick resume.


I set most goal with low expectations, just for beginning and to better understand, how it all works. I had some extra money, which I used to boost growth dividend income, but it looks still very funny. But I like it that way, so I am not very concern about market ups and downs, also I don't need to get dividends for paying bills, as I have couple more other income streams. 


So and here is outlook for 2023


Most of the goals are same, only with different target value, options income will be super bonus, but I still don't have enough stocks and also strategy in place. I like simple things and all this around dividend investing looks very easy to understand, so I played with numbers little bit and I will tell you also secret goal for year....2050 ! :-)  This year I should officially retire, if there will be no changes. And this goal would be 10000$ in dividends per year. It is perhaps very low amount for some people, but without debts, I think me and my wife could have very nice bonus every year from this money. I am donating into more funds, so I will have like now more "income" streams as old man. Now I want to show you this table, where you can see year after year my planned progress. Very slow and steady, but you can't see 10k$ at the bottom and the reason is, that I deleted future "Special contributions". If I would use 600$ per year, the goal 10k$ would be achieved. 

I already know, that I may use almost 1500$ this year as special contributions from other investments, that will be closed in couple months. But Let's wait and follow monthly 200$ investments for now.






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