I didn’t make a post at the beginning of this week because my personal and professional life kept me busy. But I still made time to update the income and asset sections of this site. I made just under $60 dollars last week and purchased a share of MAIN and a share of GAIN.
In addition to missing out on posting an update this week, I also barely met my goal of $50 in beer money income. I will still be able to purchase a dividend-paying stock this coming week, though, so I’m not going to sweat it. I may even build in a week off every quarter just to give myself a break. The key here is to be consistent, keep it steady, and keep it sustainable.
While my beer money income has slowed at the beginning of this year, I have made great strides in other areas. With my next stock purchase this coming week I will have acquired 50 shares of various assets. My original goal was one share purchase a week so I have already gone far above and beyond what I expected.
I wasn’t sure how this was going to play out or what types of investments I was going to end up making, I just knew I had the opportunity to jump in and find out without worrying about losing the money. That may have been the greatest advantage of all in this experiment. I still have a lot to learn and as I said in my very first post, this is not the best way to grow wealth. But ultimately, if I can get to $100 a month in steady dividends once, then I know I can do it again and that will bring peace of mind during volatile periods in the market.