Greetings,
Listed below are my Dividend Portfolio's goals for 2011:
1) Annualized Dividend Income - $2000.
- My 2010 dividend income was $512. Therefore to achieve my goal, I will need to earn an additional $1488; either through additional share purchases or through dividend increases. I hope to achieve this goal through the following monthly investment additions:
Jan-May: $1500
Jun-Dec: $2000
2) Four new stocks purchased.
- I currently own 11 stocks. Therefore to achieve my goal, I will need to purchase 4 new companies. Upon writing this, I have already made one new purchase, Cincinnati Financial Corporation (CINF). This new purchase now represents 5.4% of my portfolio and 5.6% of income.
Those are my two 'overview' goals for 2011. Here's to a great year!
Daniel
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