Boom Shakalaka

I was just doing the usual mid-month dividend update on my dividend excel sheet and found that we have officially reached our $8,000 annual dividend goal for 2014! BOOM SHAKALAKA!

 

As of today we have received $8,033.51 in dividend income! To put this in perspective, it means that we received $22.89 each day starting from January 1st. That’s for doing absolutely nothing!!! $22.89 is a pretty significant amount if you were working in a low wage job. We’re scheduled to receive more dividends later in December so the total annual dividend amount will be higher and the dollar per day amount may get higher too! I will do a December update in January once all the dividends are recorded.

 

For now I’ll do my happy dance. 😀

 

happy dance brad pitt
dancing_homer

happy-dance-

happy dance

happy dance

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48 Comments

  • Reply
    FrugalitytoFinancialFreedom
    December 17, 2014 at 4:25 pm

    hahaha! Congrats Tawcan, same here, I achieved my 2014 goal of >$2,200 for the whole year. Its not as grand as yours but I will dance to it! 🙂 Lets finish the year strong.
    Cheers
    FFF

    • Reply
      Tawcan
      December 17, 2014 at 4:56 pm

      Hi FFF,

      Thanks for the kind words. $2,200 is a great goal to achieve. We all have to start somewhere right? Let’s finish the year strong indeed.

      Cheers.

  • Reply
    MR Captain Cash
    December 17, 2014 at 5:07 pm

    Tawcan, congratulations on achieving $8000 in annual dividend income, impressive to say the least! I’ll be checking in to see what your total dividend income is for 2014.

    Best of luck.

    • Reply
      Tawcan
      December 18, 2014 at 8:26 am

      Hi Mr Captain Cash,

      Thank you for your kind words. 🙂

  • Reply
    Henry - Living At Home
    December 17, 2014 at 5:20 pm

    Woohoo! Next stop, $10,000!

    • Reply
      Tawcan
      December 18, 2014 at 8:26 am

      Hi Henry,

      Thanks. Yeah $10k would be the next stop for sure.

  • Reply
    Kassandra
    December 17, 2014 at 5:45 pm

    That is a nice piece of change for doing nothing! Congrats and thanks for stopping by MTJM. 🙂

    • Reply
      Tawcan
      December 18, 2014 at 8:27 am

      Hi Kassandra,

      Thanks for dropping by. I’ll be visiting your blog regularly from now on. Good articles there.

  • Reply
    Dividend Diplomats
    December 17, 2014 at 5:58 pm

    Tawcan,

    Nothing really to say…. except…..

    AWESOME!!! HOLY CRAP that is a ton of dividend income aka over $667/month you are edging towards. Awesome and insane at the same time – these articles are what pumps and motivates us to reach greater heights. Nice job TAWCAN!

    -Lanny

    • Reply
      Tawcan
      December 18, 2014 at 8:28 am

      Hi Lanny,

      Haha thanks! I’m glad that my articles are helping you to be motivated.

  • Reply
    DividendsForDummies
    December 17, 2014 at 6:21 pm

    Congrats! Thats a ton of money. Next goal 10k?

    • Reply
      Tawcan
      December 18, 2014 at 8:29 am

      Hi DividendsForDummies,

      Thanks! Still need to determine our dividend goal for next year but $10K sounds pretty good right now.

  • Reply
    John
    December 17, 2014 at 7:20 pm

    That is awesome congrats.

    • Reply
      Tawcan
      December 18, 2014 at 8:29 am

      Thanks John! 🙂

  • Reply
    writing2reality
    December 17, 2014 at 8:24 pm

    Heck of a milestone! All things considered, you’ve earned in dividend income more than some people will make in months of regular earned income. Let that snowball roll!!

    • Reply
      Tawcan
      December 18, 2014 at 8:30 am

      Hi W2R,

      Thanks, the annual dividend is starting to be significant. Very good point about the dividend amount being more than some people’s monthly income.

  • Reply
    Dividend Mantra
    December 17, 2014 at 9:48 pm

    Tawcan,

    A big congrats! That’s awesome. $8,000 is a serious chunk of change for the year. Very, very nice. 🙂

    If you factor out weekends and holidays (like a five-day workweek), it’d be even higher. That’s like a pretty decent part-time job. Except you didn’t have to lift a finger.

    Keep it up!

    Best regards.

    • Reply
      Tawcan
      December 18, 2014 at 8:31 am

      Hi Dividend Mantra,

      Yes if I calculation based on actual work days the amount would be even higher! Very happy and grateful for the dividend income.

  • Reply
    Huw
    December 17, 2014 at 10:54 pm

    Congratulations Tawcan!

    That’s a significant amount, and you’re well on your way to FI. Keep dancing my friend!

    Huw

    • Reply
      Tawcan
      December 18, 2014 at 8:31 am

      Hi Huw,

      Still a long way to go before reaching FI but this is a step in the right direction. Thanks!

  • Reply
    NRG
    December 17, 2014 at 11:08 pm

    Awesome return Tawcan!!

    I am 2 years away from retirement and hope to have $3000 per month of dividends. Sounds like alot, but I have been saving for years, and am downsizing my house to free up cash for more dividend investing. Cannot depend on the government for handouts.

    • Reply
      Tawcan
      December 18, 2014 at 8:33 am

      Hi NRG,

      Thank you for your kind words. $3000 per month of dividends would be totally awesome. Looks like you’ve set up yourself very nice to prepare for your retirement. Good job. Agree with you on not counting on the government for help.

    • Reply
      Tawcan
      December 18, 2014 at 8:33 am

      Hi Holly,

      Thank you, this is definitely like having a part-time job but no need to do anything. Love it!

  • Reply
    Roadmap2Retire
    December 18, 2014 at 8:34 am

    Time for a happy dance, indeed. Thats an amazing goal and congrats on working hard in reaching that. Its time to celebrate that achievement and just in time for the holidays 🙂

    R2R

    • Reply
      Tawcan
      December 18, 2014 at 3:05 pm

      Hi R2R,

      Thanks for the kind words. The accomplishment comes just in time for the holidays that’s for sure.

  • Reply
    Christine @ The Wallet Diet
    December 18, 2014 at 9:18 am

    Congrats on reaching your goal!! *happy dance*

    • Reply
      Tawcan
      December 18, 2014 at 3:06 pm

      hi Christine,

      Thank you for your kind words.

  • Reply
    Dividend Hawk
    December 18, 2014 at 9:24 am

    Congrats, Excellent work, Keep it goin on!

    Regards,
    DH

    • Reply
      Tawcan
      December 18, 2014 at 3:06 pm

      Hi DH,

      Thanks, you’re making good progress yourself too. Keep it up.

  • Reply
    My Own Advisor
    December 18, 2014 at 10:08 am

    You rock!

    I think we’ll finish the year around $9,400. I have to find a way to save and invest more in 2015 – our lofty goal is around $11k by this time next year.

    Simply awesome work Tawcan.

    • Reply
      Tawcan
      December 18, 2014 at 3:07 pm

      Hi Mark

      You rock too! I’m not sure if a $11k goal for next year is pushing it or not. Will have to do some calculations later.

  • Reply
    Accumulating Assets
    December 18, 2014 at 10:51 am

    Tawcan, congrats and great achievment! The snowball is going to start picking up some serious steam!

    cheers, AA

    • Reply
      Tawcan
      December 18, 2014 at 3:07 pm

      Hi AA,

      Thanks for your kind words. The snowball is definitely rolling down the hill at a faster pace now. 🙂

  • Reply
    Mrs SSC
    December 18, 2014 at 11:45 am

    Congrats! That is pretty impressive! I haven’t looked to see what I am sitting at for dividends yet this year – but I’m guessing its a bit less then you!

    • Reply
      Tawcan
      December 18, 2014 at 3:08 pm

      Hi Mrs. SSC,

      Thank you. Would love to see how you guys do on your dividend income for the year too.

      Cheers.

  • Reply
    Cazadividendos
    December 18, 2014 at 12:09 pm

    Hahaha

    Very funny post, Tawcan! Congrats!

    Best wishes,
    CZD.

    • Reply
      Tawcan
      December 18, 2014 at 3:08 pm

      Hi CZD,

      Hope you enjoyed these happy dance GIF’s. I had fun finding them. 🙂

  • Reply
    Emily @ Simple Cheap Mom
    December 18, 2014 at 1:24 pm

    Congrats on reaching your goal! Love the happy dances!

    • Reply
      Tawcan
      December 18, 2014 at 3:08 pm

      Hi Emily,

      Thank you. I enjoy happy dances. 🙂

  • Reply
    M
    December 18, 2014 at 4:05 pm

    BOOOOOOOM!

    this is fab! I’m aiming to hit £8k poet annum in about 17yrs… Lol I’m taking it slooow, but you are ON FIRE! YESSSSSS

  • Reply
    My Dividend Pipeline
    December 18, 2014 at 8:38 pm

    Tawcan,

    Congrats and keep kicking ass over here!

    MDP

  • Reply
    weenie
    December 19, 2014 at 6:20 pm

    Congratulations Tawcan, what a massive achievement! Onwards and upwards!

  • Reply
    Cindy
    December 21, 2014 at 10:13 am

    Congratulations on reaching your annual goal! That’s a great way to finish the year.

  • Reply
    No More Waffles
    December 23, 2014 at 1:13 pm

    Tawcan,

    I seem to have completely missed this post last week.
    Congrats on reaching your annual goal, excellent job!

    To infinity and beyond!
    NMW

  • Reply
    Financial Underdog
    December 25, 2014 at 4:11 pm

    Awesome job!

    Do you have a goal in mind for the long run? I mean some people build their portfolio for a specific cashflow goal, but to some dividends are just a nice bonus and they focus mainly on equity appreciation.

    • Reply
      Tawcan
      December 29, 2014 at 4:13 pm

      Hi Financial Underdog,

      The goal is to have enough dividend income to cover our expenses. When that happens we can say that we’re financially independent. 🙂

      Cheers.

  • Reply
    Ace
    December 30, 2014 at 12:08 pm

    Congrats!!!
    That’s a darn good chunk of cash 😉 keep it rolling! also i would like to add that your Gifs killed me haha

    Cheers

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