As part of my new year resolution, I'd like to set up two stretching yet achievable goals for my dividend investment and also for this MU blog. I don't push myself too hard, so the goals are simple and mainly for incentive purpose.
1. Achieve $4500 in annual dividend income.
Currently I have $80,000 cash sitting in my dividend account to be invested. Every month I plan to input $1000 to my MU dividend investment account, which results in the whole year addition to be $12,000. Let's assume the annual return rate at 3.5%, total $92,000 principle will produce annual dividend income at $3220. The forward annual dividend income from my current portfolio is $973.80. From these data, my annual dividend goal at $4500 is reasonable and achievable.
2. Write 52 articles at MU blog.
This goal requires one article a week. It's not a heavy task, and as long as I keep the above annual dividend goal in mind, I should have something to write. My detailed plan is like this: 12 monthly dividends income articles; 24 stock analyses articles (2 for each month); 4 quarterly portfolio reviews; another 12 articles on strategies, learning from fellow bloggers, and thinking, etc.