Financial Goals 2013
For 2013, I’ve decided to document a few financial goals and, at the end of the year, I’ll come back to this and see how I’ve done.
1) Continue to invest the maximum of
$5000 $5500 per fiscal year into a Roth IRA. Anything left over will be placed in a standard brokerage account.
(Contribution levels were just increased this year!)
2) Attempt to bring annual dividend income to $1000 (I was at $649 in 2012 and $379 in 2011).
My current weighted dividend average is 2.77%. I hope to increase this over the next year through further investments in higher dividend yielding stocks/funds as well through dividend growth. At 2.77% average yield, I’ve got quite a ways to go to get $36000.