I think it’s important to celebrate wins on the path to your ultimate goal, no matter how small. Sharing my dividend income results with you readers gives you some insight to what is possible as you begin your journey.
My ultimate goal is to be able to live off of the passive dividend income from my investments, so I can just stay at home and play video games. Here is the money I made in December 2014 without lifting a finger.
MCD – $9.35
CVX – $9.63
So close to $20 I can taste it! In fact, if these companies raise their dividends next year (like they have for several years), I can easily break $20 in December 2015 without investing another dime. This would require each company to raise their dividends by about 6%, which is not ridiculous to expect.
I look forward to January 2016, when I can compare the dividend income of December 2015 to this post and reflect on the progress I’ve made through the year.