Growth Update: April 2014
I now own 12 companies. 5 of these companies gave me raises in April! I didn’t have to do any work, and my money is making money!
My favorite part is the dividends because the income I’m building from them will one day pay all of my expenses, and I will be financially independent. In April, I made $41.38 in passive income through dividends.
Since my portfolio is so young, I’m letting the magic of compounding do some work and reinvesting all my dividends. Every tiny bit reinvested earns me a bigger dividend next quarter.
When compared to my 2014 goals, I still have a lot of work to do, but I’m expecting to see a ramp up toward the end of the year.
As for my work situation, I usually edit for specific shows that last months at a time, but then I have to find a new gig afterwards. I’ve been fortunate since October to have been working for a brand new TV network, and it’s looking like my job will be stable for a good amount of time. I hope to be able to move up internally, increase my rate and move toward projects I’d be more passionate about doing. However, at some point I might want to move on to a different network or show in order to receive more credits. But right now I’m enjoying this boost of steady capital.
Thanks for reading and following my journey and here’s to a May full of growth and hidden values.
How was April for you?