I’m all over the place. I had a “week off” from work. In actuality I took paid time off to go work more. This gave me a not-insignificant windfall of additional funds. It also distracted me, took up all of my time, and I forgot to purchase any stocks last week. Luckily all of the automatic reinvestment’s from dividends was equal to one share (and there’s still more on the way). I’ll count that as a win.
Missing a week wasn’t so bad. But it seems like my income trading strategy is slowing down. The market is becoming more efficient in some respects and inefficient in others. There’s always a constant push and pull. We’ll see how long before I have to retire my strategy and find another. Until then my goal for my dividend portfolio is to continue buying at least one share a week. And in the meantime I will try to ramp up my other beer money income streams.
I considered using my new found funds to hit my goal of $100 dollars a month in passive income from dividends early, but instead I think I will save it. The market went crazy this past week. So, I will do nothing. As the political landscape changes it will be important to diversify and protect assets.
I am just getting back into the swing of things, getting all my spreadsheets and paperwork in order. I think everything is up to date now, but as the year ends it will be important to push to make it across the finish line. But to be fair, I have surpassed many of my goals and exceeded my own expectations. I certainly didn’t think I’d surpass $85.00 a month in passive income from dividends this year. I don’t think I’ll hit my goals this year for churning or for beer money from surveys and task sites, but that’s okay. I will continue to be flexible and persistent until I reach my goals.