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I have gotten this year off to a great start and look forward to many dividend increases.

Purchases: OHI (twice), D, Has, drips WTR and EX with dividend reinvestment

Capital Deployed: $7,740.23  I transferred a bunch of sells dollars from December into Roth on the January 1st to try to max my Roth benefits.

Sells: Zero.

Dividends Received: $732.76 (this number is a bit deceiving because VTR paid 80 dollars this month instead of last month).

Added $350 to Emergency Fund

Added $250 to future car fund.

Looking ahead I need to get more dividend payers added in this month. I want it to be over $700 next cycle, but I must add heavy capital the next couple of months to make it. Going to be a fun fast month of February. It is short month and I should get my tax return which should be an additional $1000 to top off emergency fund for now. I will make a post on advanced planning and how to really monitor your cash flow.

Stocks to watch D,  GPT, Stor, VTR, HRL, TXN

Lets build a big dividend snowball this year!

It is funny to talk and think about a million dollars.  Many people will never make or have a million dollars in their life times.  It seems it is a big round number that is a pie in the sky to most people.    To many investors and savers in the community, it signifies that they have made it.  It is quite the accomplishment for many people.  It really does not mean much in the overall scope of things.  Like if i have a 1,000,000 dollars will it make me happier, probably not much happier than I already am.   It will just mean that I have to aim higher in the future haha!  It will provide some security and financial confidence that I can do whatever I want to do when that milestone is broke.  His is a model of my pathway to a million dollars by the time I am 40 years old.  It is an aggressive but very attainable goal.  It is possible for most people!  Here is my path to that round number.  I used some simple calculations such as 7% return on investment per year and around 3500 a month contributions.  If I can do it, anybody can do it!  Here is my path to a million dollar portfolio by the time I turn 40 years old!

Special thank you to No-Cruft excel to HTML website on showing me how to put this into my website.  This is my first excel data table I have used on the website.

 

 

Starting Amount 7 Percent Interest a Year
334000 1.07
Year 33 Invested Total Year 37 Invested Total
1 0000 334000 1 3750 $626,678
2 0000 334000 2 3750 $630,428
3 0000 334000 3 3750 $634,178
4 0000 334000 4 3750 $637,928
5 3500 337500 5 3750 $641,678
6 3500 341000 6 3750 $645,428
7 3500 344500 7 3750 $649,178
8 3500 348000 8 3750 $652,928
9 3500 351500 9 3750 $656,678
10 3500 355000 10 3750 $660,428
11 3500 358500 11 3750 $664,178
12 3500 362000 12 3750 $667,928
387340 $714,683
Year 34 Year 38
1 3500 390840 1 3800 $718,483
2 3500 394340 2 3800 $722,283
3 3500 397840 3 3800 $726,083
4 3500 401340 4 3800 $729,883
5 3500 404840 5 3800 $733,683
6 3500 408340 6 3800 $737,483
7 3500 411840 7 3800 $741,283
8 3500 415340 8 3800 $745,083
9 3500 418840 9 3800 $748,883
10 3500 422340 10 3800 $752,683
11 3500 425840 11 3800 $756,483
12 3500 429340 12 3800 $760,283
$459,394 $805,900
Year 35 Year 39
1 3600 $462,994 1 3850 $809,750
2 3600 $466,594 2 3850 $813,600
3 3600 $470,194 3 3850 $817,450
4 3600 $473,794 4 3850 $821,300
5 3600 $477,394 5 3850 $825,150
6 3600 $480,994 6 3850 $829,000
7 3600 $484,594 7 3850 $832,850
8 3600 $488,194 8 3850 $836,700
9 3600 $491,794 9 3850 $840,550
10 3600 $495,394 10 3850 $844,400
11 3600 $498,994 11 3850 $848,250
12 3600 $502,594 12 3850 $852,100
$537,775 $911,746
Year 36 Year 40
1 3700 $541,475 1 3900 $915,646.50
2 3700 $545,175 2 3900 $919,546.50
3 3700 $548,875 3 3900 $923,446.50
4 3700 $552,575 4 3900 $927,346.50
5 3700 $556,275 5 3900 $931,246.50
6 3700 $559,975 6 3900 $935,146.50
7 3700 $563,675 7 3900 $939,046.50
8 3700 $567,375 8 3900 $942,946.50
9 3700 $571,075 9 3900 $946,846.50
10 3700 $574,775 10 3900 $950,746.50
11 3700 $578,475 11 3900 $954,646.50
12 3700 $582,175 12 3900 $958,546.50
$622,928 $1,025,644.75

1) Pay yourself first.  Try to Automate savings as much as possible.  $12,500 Dividend income between all accounts.  Right now, forward dividends are at $10,750 estimated.  One of the ways to achieve this would be contribute $45,000 in new capital to my investment accounts.  Establish emergency fund and start saving for new car fund in separate accounts.  Automate savings!

2) Sports: Run 2 half marathons and try run 8:33 minute mile total time of 1:52 total time.  It would shave 4 minutes off my PR.  Be on two volleyball leagues.  Learn how to cross country ski and learn how to play racquetball. Play alumni basketball tournament.

3) Take 4 Hiking trips to new trails in 2017. Hike entire section of southern Theodore Roosevelt park, visit the two different trails in South Dakota.

4) New items to learn.  Become better at Excel.  sign up for CFP courses to worked toward that designation.  Start learning how to play the piano and sign up for lessons.

5) Try to maintain a weight of 208 lbs this year.  Make 40 prepared meals this year, eat 100 fresh salads and 200 protein shakes this year. Avoid carbs and fried foods.

6) Post 3 times a month on the blog and update blogroll. I can do this.  I want my content to be premium.  Increase my site views to 100 a day.  Include one review post each month and one celebrity bankruptcy each month.  Review what they purchased and spent the money on.  Possibly include 1 book review and/or research article.  Write one seeking alpha article each month.

7) Read 30 books this year
I read 5 last year, I know I can do better.  Read during lunch breaks.

8) Visit two new towns I have never been to.  One will be Las Vegas and other possibilities mountains in Montana.  Or Georgia.

9) Fun activities: attend championship game, go to Vegas, go to Montana for first time, attend friend’s wedding.  Plan the use of my vacation days better this year and reduce amount of sick days taken to 3 or less.  Possible trip down south in December.

10) Life style and volunteer:  volunteer for a couple of Bismarck area charities and give back to the community.  Donate 3% of income to different groups.  Bbbs, Stanford bikeathlon and maybe try to get on a board for an event planning.  Go to church every Wednesday.