2017 Year-End Performance & Goal Review
Beginning 2017 Account Value: $242,093.83
Ending 2017 Account Value: $429,504.78
Net Contribution: $132,539.41
Dividend income in 2017: $7,614.25
Forward 12-month dividends: $9,565.88
Options income in 2017: $779.86
Total lifetime dividend income: $20,046.17
Post-tax salary: $219,438
Effect of dividend increases: $570.58. This is equivalent to investing just over $19,000 at a 3% yield.
1) Retirement Accounts – PASS
An easy pass. I maxed out my traditional IRA in early January and then converted to a Roth in late January.
2) Receive $7000 a year in dividends – PASS
I was thinking this was going to be a stretch goal, but ended up getting it without too much problem. My portfolio brought in just over $7600 in 2017.
3) Get $3000 this year in options income. – FAIL
I got distracted with work and with life and wasn’t able to devote the time or resources to meet this goal. I only brought in $780 in option income in 2017. Still better than nothing. I will be discussing my options investing in the not-too-distant future. Briefly, I have also started investing in long term puts…profits (or losses) from that may happen in 2018, the first of the puts expires in January 2019.
4) Improve Two Investing layout and content – PASS
My brother did an excellent job helping us with the new logo. I especially like how it scales for mobile use. I’ve also used the same “Two” symbol for my gravatar icon. I think I also wrote a post per month on average. There were some months where I wrote more and some less. A lot of this depends on the schedule of my day job (I’m a radiologist).
In fact, while I love the fact that more and more people seem to be using and enjoying the spreadsheets, keeping the spreadsheets up-to-date has been a challenge giving the issues that spring up when thousands of people are using them. I’m so glad that I decided not to charge for it. Sure, I could have made a lot by charging a bit for it, but that would have also obligated me to provide more timely support, which I just can’t do right now.
5) Invest at least $10,000 in smaller cap growth companies – PASS
I invested approximately $25,600 in non-dividend paying growth stocks. I’ll do a post of this soon, but the majority have been good winners for me. The best ultimate investment is the one that has the highest overall gains, be that from capital gains and/or dividends. Since I don’t rely on the dividend income to pay expenses at this point in my life, the best stocks to be in are the ones that will perform the best. Once I get to retirement, then I can always sell these stocks that have a lot of capital gains and invest in income generators at that point.
I think I did pretty well with these goals. I’ll have to write my 2018 goals soon. I can’t believe that it is already February! I also apologize for not dedicating enough time to respond to everyone else’s blog…that will be one of my 2018 goals.