That’s right, the next 12 months from now will bring in a minimum of $12,000 in dividend income ($1,000 a month)! That’s without any raises or new contributions.
My goal was to reach $12,000 in forward dividends this spring. I broke through the mark earlier this month and am just posting now.
I originally started a dividend growth strategy at the beginning of 2012. There have been some ups and downs with personal challenges getting in the way but I’m back on track.
I can really feel the compounding working its magic. I’m increasing my income level at a much faster pace organically without even making contributions due to dividend increases and a constantly growing portfolio. My snowball is in motion and keeps growing and increasing speed every day!
My goal for the year is to break through the $13,000 level and I’m well on my way with the total at $12,400 currently.