Goals

To be a dividend investor requires patience. And patience is powered by having obtainable goals. Here you can see my goals towards financial independence. To keep the impatience in check, I have also made some secondary goals to achieve along the way.

Primary goal

To reach financial independence – This means to have a passive income covering my expenses and living costs. Right now that would require 6000 $ per month.

Secondary goals

  • Have a dividend portfolio with shares in 10 different companies(February 2019)
  • Have a dividend portfolio with shares in 50 different companies (June 2019)
  • Receive dividends worth of 100 $ in a year (June 2019)
  • Receive dividends worth of 100 $ in one month
  • Have 4 quarterly or 1 annual paying stock paying every month of the year (read more about dividend carpet bombing)
  • Own shares in 100 different companies
  • Own stocks from all dividend kings
  • Own stocks from all dividend aristocrats
  • Hit a rocket stock which increases it’s value of more than 1000 % over the years
  • Have enough monthly paying dividend stocks paying enough dividend to buy additional monthly paying stocks. (I currently have a minimum required trade size of 155 $)