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. 😀
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
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.
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.
Tawcan,
I seem to have completely missed this post last week.
Congrats on reaching your annual goal, excellent job!
To infinity and beyond!
NMW
Congratulations on reaching your annual goal! That’s a great way to finish the year.
Congratulations Tawcan, what a massive achievement! Onwards and upwards!
Tawcan,
Congrats and keep kicking ass over here!
MDP
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
Congrats on reaching your goal! Love the happy dances!
Hi Emily,
Thank you. I enjoy happy dances. 🙂
Hahaha
Very funny post, Tawcan! Congrats!
Best wishes,
CZD.
Hi CZD,
Hope you enjoyed these happy dance GIF’s. I had fun finding them. 🙂
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!
Hi Mrs. SSC,
Thank you. Would love to see how you guys do on your dividend income for the year too.
Cheers.
Tawcan, congrats and great achievment! The snowball is going to start picking up some serious steam!
cheers, AA
Hi AA,
Thanks for your kind words. The snowball is definitely rolling down the hill at a faster pace now. 🙂
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.
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.
Congrats, Excellent work, Keep it goin on!
Regards,
DH
Hi DH,
Thanks, you’re making good progress yourself too. Keep it up.
Congrats on reaching your goal!! *happy dance*
hi Christine,
Thank you for your kind words.
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
Hi R2R,
Thanks for the kind words. The accomplishment comes just in time for the holidays that’s for sure.
Great job on your dividend income! That’s like having a part-time job without doing anything at all =)
Hi Holly,
Thank you, this is definitely like having a part-time job but no need to do anything. Love it!
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.
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.
Congratulations Tawcan!
That’s a significant amount, and you’re well on your way to FI. Keep dancing my friend!
Huw
Hi Huw,
Still a long way to go before reaching FI but this is a step in the right direction. Thanks!
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.
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.
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!!
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.
That is awesome congrats.
Thanks John! 🙂
Congrats! Thats a ton of money. Next goal 10k?
Hi DividendsForDummies,
Thanks! Still need to determine our dividend goal for next year but $10K sounds pretty good right now.
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
Hi Lanny,
Haha thanks! I’m glad that my articles are helping you to be motivated.
That is a nice piece of change for doing nothing! Congrats and thanks for stopping by MTJM. 🙂
Hi Kassandra,
Thanks for dropping by. I’ll be visiting your blog regularly from now on. Good articles there.
Woohoo! Next stop, $10,000!
Hi Henry,
Thanks. Yeah $10k would be the next stop for sure.
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.
Hi Mr Captain Cash,
Thank you for your kind words. 🙂
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
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.