Tuesday, February 2, 2016

Projecting my Dividends for the 2016 Year

When I made my 2016 Investing Mission of receiving $75.00 in dividends, I didn't really plan this number out. I just figured $75 was a respectable amount to work towards. Just considering the money I have in my Robinhood account, reaching $75 is not obtainable. If I factor in the money from my other brokerage, this Mission is obtainable!

I went through every single stock I plan on buying and projected out the dividends I'll receive.

Below is a link to a google doc where I projected these dividends out.

https://docs.google.com/spreadsheets/d/1FzHU86CAMPiwXqDl8jTE6-zmGNNTSDhfH7zckTSQ6mA/pubhtml?gid=1578777506&single=true

By these projections I'll receive $74.18 in dividends. I was conservative with my estimate, so I don't think I'll have a problem reaching $75 in dividends.

Owning stock and watching the market swings can cause worry and concern. I have fewer concerns when I make plans and projections like this. The key word to this is "projection". My actual dividends aren't going to be exact to this projection, but it should be close.

Signed,

Mitch

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