tag:blogger.com,1999:blog-2800029095243726187.post7067419354872047339..comments2024-02-10T04:36:02.792-05:00Comments on Dividend Growth Machine: Milestone: Portfolio Value Reaches $90,000Dividend Growth Machinehttp://www.blogger.com/profile/13304571550687216360noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2800029095243726187.post-49139901051821251262013-08-18T18:00:34.937-04:002013-08-18T18:00:34.937-04:00Martin: Thanks! To answer your question, my "...Martin: Thanks! To answer your question, my "financial empire" is divided into three parts:<br /><br />1. The portfolio you see here, which is valued around $90K.<br /><br />2. Two retirement plans (401k and 403b) with my former employer, which total around $20K. As mentioned in earlier posts, I plan to roll them over into my Roth IRA, but for various reasons that will not happen until September or October.<br /><br />3. My bank account, where I keep a minimum of $1K in checking and an "emergency fund" of $10K in savings.<br /><br />That adds up to a bit over $120K. However, I would not freak out or put any emphasis on comparisons between your investing progress and mine. Individual circumstances vary widely among dividend growth investors, which complicates comparisons. What is most important is that you tailor your investing and measure your progress with respect to your unique circumstances.Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-16692574956215193782013-08-17T14:59:13.548-04:002013-08-17T14:59:13.548-04:00Congrats on your milestone. Is this your only port...Congrats on your milestone. Is this your only portfolio you have or part of the entire financial empire of yours? I am asking to get myself into perspective and compare my achievements to yours to know whether I should start freaking out or not. I have a few accounts and all of them total in 74k, so I am either only 16k behind or doing terribly.Dividend investing Martinhttp://www.hellosuckers.netnoreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-20535720528035124712013-08-16T08:57:55.578-04:002013-08-16T08:57:55.578-04:00Captain: Thanks! There is a considerable range in ...Captain: Thanks! There is a considerable range in income among the dividend growth investors I follow; I know a few folks who have higher incomes and/or larger portfolios than me. What's most important is for each investor to make the best of his/her unique circumstances.Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-59786044258560763162013-08-15T23:30:05.424-04:002013-08-15T23:30:05.424-04:00Wow that's some fast progress. I wish I had th...Wow that's some fast progress. I wish I had the income like most of the other DG investors that would allow me to see this kind of growth. Best of luck on hitting $100k !Captain Dividendhttps://www.blogger.com/profile/12476333326774085103noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-38660942893920630172013-08-14T19:48:44.172-04:002013-08-14T19:48:44.172-04:00ClassicCo: Thank you! And you're right, the gr...ClassicCo: Thank you! And you're right, the growing dividend stream is more important to me than my portfolio's value, but it's nice to see both increasing. Best wishes with your portfolio!Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-61039959783502900642013-08-14T19:47:46.534-04:002013-08-14T19:47:46.534-04:00BidAsk: Thanks! I'm pleased with my progress a...BidAsk: Thanks! I'm pleased with my progress and I look forward to seeing what I can accomplish going forward, especially with the higher salary from my new job.Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-68371635885526283142013-08-14T19:46:26.857-04:002013-08-14T19:46:26.857-04:00Anonymous: Thank you -- I'm glad my investing ...Anonymous: Thank you -- I'm glad my investing progress is motivating to others. Regarding Scottrade's FRIP, I am familiar with the details of the program but I have not enrolled in it. However, it is something I am considering for my Roth IRA in the future.Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-35789940953676621772013-08-14T17:04:27.065-04:002013-08-14T17:04:27.065-04:00Congratulations DGM. It is a very beautiful number...Congratulations DGM. It is a very beautiful number of dollars. And 100K is very near. But the most important thing I supposes is the dividends you are gaining because they get you the financial independence ;)<br /><br />Good luck with your next purchases and go to that 100k.<br /><br />P.D. My portfolio's value with spanish and american stocks has reached 20.000 € a few days ago. Step by step ;)ClassicConoreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-54810147654032979132013-08-14T10:26:29.846-04:002013-08-14T10:26:29.846-04:00Great job! That is great news. I'm sure you...Great job! That is great news. I'm sure you're excited about the progress you're making, and 100K can't be very far behind. As Charlie Munger said, that first 100K is a b*tch.<br /><br />Keep up the great work.BidAskDividendshttp://www.bidaskdividends.comnoreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-58317484811353141692013-08-14T09:42:56.599-04:002013-08-14T09:42:56.599-04:00Hi DGM,
This is really good. Keeps us motivating a...Hi DGM,<br />This is really good. Keeps us motivating as well to continue save invest.<br />On a different note have you had a chance to look at the scottrade FRIP new flexible div reinvestment without commissions. Any thoughts or feedback on that<br />ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-63364911345553176902013-08-14T09:25:14.936-04:002013-08-14T09:25:14.936-04:00DM: Thanks! I remember when you reached $100K. I l...DM: Thanks! I remember when you reached $100K. I look forward to joining you in the six-figure club! Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-2800029095243726187.post-63136533540057990102013-08-13T20:18:51.758-04:002013-08-13T20:18:51.758-04:00DGM,
Great job! Congratulations. :)
I can't ...DGM,<br /><br />Great job! Congratulations. :)<br /><br />I can't wait to see you hit that $100k milestone. I know I felt a bit of euphoria when I crossed that mark myself not too long ago. I was really proud. I don't focus on the portfolio value much, but there was just something almost tangible about hitting that kind of number. <br /><br />Keep up the great work. I'm sure you'll cross six-figures by year end. <br /><br />Best wishes!Dividend Mantrahttp://www.dividendmantra.comnoreply@blogger.com