Growth Update: December 2014

Happy New Year to all!   I’m back in Los Angeles and couldn’t have asked for a better 2014.  I got engaged, had a stable job, started a blog and made some great progress in my personal finances.  It was my first full year of consistent capital contributions to my stock portfolio.  My holdings grew from 12 companies to 21 over the year, and its modest value today is worth way more than the me of three years ago would ever believe.  But if there’s one thing to take away from the year it’s that I can do better.  I want to keep this momentum going in 2015 and continue to build my portfolio of businesses that raise their dividends each year. Contributions will be decreased this year, since I have two big purchases to make: a wedding and honeymoon.  Although we are planning a frugal wedding, we want to treat ourselves and travel abroad for a great honeymoon. Then upon returning, we will do everything possible to become financially independent.

 In December I was light on the contributions, but managed to initiate a position in Franklin Resources (BEN) and add to Unilever (UL) for a total monthly capital contribution of $2,402.01.  This brought my 2014 new capital invested grand total to $37,322.67.  This beats my revised goal of $35,000 and smashes what I originally thought I’d be lucky to contribute, $17,500.  Wow…last year I barely grossed 40K because I had trouble finding work for almost 6 whole months.  Not only did I have stable work this year, but I even managed to get a 26% raise in the summer.  I’m so incredibly happy and fortunate to have done so well with this goal.

2014_dec_newcapitalinvested As a result of the amped up contributions, my small portfolio’s value has been on fire this year.  I got my current job just two months before the end of December in 2013 and had a total portfolio value of just $5,851.90 at the beginning of 2014.  Now, a year later, the value has soared 666.54% to $44,857.26.  That’s an increase of 6.18% over last month’s $42,244.64.

2014_dec_portfoliovaluehistory My portfolio’s value will go up and down in the short term, so it’s the ever rising dividend payouts I pay attention to and have expectations of.  This month blew away the rest of the year as I finally hit three digit dividend income in December, taking in $152.99.  This beat last quarter’s record month of $90.07 by 69.86% and was an increase of 1,634.58% over last year’s $8.82.

2014_dec_Dividendpayouts2My record month of passive income helped me beat my last financial goal of 2014 which was dividends received.  I sought out to make $750 this year and originally thought I could do it on only $17,500 in contributions.  I was way wrong because it took me over twice that amount of capital.  My 2014 grand total of dividends was $773.22.  This was a 1,165% increase over the $61.12 I earned in 2013.  Going into 2015, I have a much better idea of how this goal works.

2014_dec_goals_dividends recievedHere’s what I did with my dividends during the month:

2014_dec_reinvesteddividendsI also received two dividend increases from AT&T (T) and Realty Income (O) which means every company in my portfolio gave me a raise in 2014.

2014_dec_dividendincreases

I’ll always remember 2014 as the year I truly got my financial independence journey rolling.  Thanks to everyone who read my personal progress this year; your support has been so motivational and inspirational.  Cheers to a prosperous 2015 for everyone!

 How was your year?  What businesses are on your investment list?

My Dividend Growth

http://www.mydividendgrowth.com

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18 thoughts on “Growth Update: December 2014
  1. roadmap2retire

    Great progress, Ryan! Congrats on achieving your goals for 2014 and crossing that $750 mark in dividends received. Love the chart for December with the big bump 🙂

    You are doing great…keep up the great work and best wishes for 2015.
    R2R

     
    Reply
    1. My Dividend Growth

      R2R,

      Thank you! You’ve been setting a great example over there, and I really appreciate the support. I wasn’t expecting that big of a jump in December, and it was nice to see it trump all the other months. It’ll only go up from here 🙂

      Best Wishes,
      Ryan

       
      Reply
  2. Captain Dividend

    You had a monster December, glad you could surpass your goal. The last month of the quarter has so many great dividend companies to choose from those are often big paydays for us dividend investors. Best of luck in 2015

     
    Reply
    1. My Dividend Growth

      Captain Dividend,

      It was an awesome finish to the year for both of us, so congrats to you too. I’m enjoying finally seeing some bigger dividend months like this, now I just have to keep it up. I’m looking forward to your progress in 2015 and thanks for all the great content last year.

      Best Wishes,
      Ryan

       
      Reply
  3. DivHut

    Your sense of drive towards your goals comes through your writing. I feel your excitement regarding your portfolio value and future dividend investments. You had a great and busy 2014. Look forward to your 2015 progress and new dividend buys.

     
    Reply
    1. My Dividend Growth

      DivHut,

      Thanks for the thoughtful comment. I’m really enjoying investing so far and I’m glad part of that comes through here. It’s been a good ride so far, but I’ve got a long road ahead and can’t wait to see where I’m at this time next year. I appreciate you making me aware of so many new company’s through your blog this year and wish you continued success as well.

      All my best,
      Ryan

       
      Reply
  4. hrdavies82

    Hi Ryan,

    What a year! Congratulations on the job, salary increase, the Blog, portfolio contributions and value, and dividend income! What a comeback on the dividend front. You know how to keep us on our toes.

    I feel the same as you about 2014. It was a landmark year. The start of a new journey. I remember you being the first person to drop a comment on my Blog too. Call me sentimental, but I’ll always take an interest in your progress here.

    Here’s to another landmark year in 2015! All the best.

    Huw

     
    Reply
    1. My Dividend Growth

      Thank you Huw!

      It was such a great year. That last month of dividend income wasn’t expected and fun to total up. The best part is that it’ll only rise from here. Your blog has been so fun to follow from the start, and I’m so proud of your progress. Keep at it and I can’t wait for more updates to inspire and motive me. Cheers to the year ahead!

      Best Regards,
      Ryan

       
      Reply
  5. writing2reality

    Wow, tremendous job MDG. Just amazing the power of hammering home some capital and seeing the tangible results both in portfolio value and the growth of your dividend income. While the annual percentage growth will decrease, you’ve permanently set the course for seeing perpetually growing income, rising higher and higher each year. You’re going to have an incredible 2015 it sounds, and I’m more than happy to be along for the ride.

     
    Reply
    1. My Dividend Growth

      W2R,

      It’s been a fun and wild ride this year, and I can’t thank you enough for all the support you’ve shown! Contributions are the key to it all it’s awesome I’m finally in a position where I can deploy a little. My lending club account is chugging along nicely too thanks in large part to you. I’m excited to lay out some goals and really get started this year. Next step is to max out the remaining 2014 IRA and want to join you in BNS or another REIT. Wishing you lots of continued success and I’ll be reading everything you write!

      All my best,
      Ryan

       
      Reply
  6. Dividend Mantra

    Ryan,

    Great job this year. You’ve had a tremendous year on all fronts with getting engaged, seeing steady work, growing your wealth, and starting the blog. Great stuff!!

    You really finished the year strong. That big jump in December and exceeding your goal is a great way to close 2014 out. Looking forward to what 2015 has in store for you. I imagine even better things. 🙂

    Keep up the great work. Congrats again!

    Best regards.

     
    Reply
    1. My Dividend Growth

      Jason,

      We both had serious life changing years and how crazy is it that we both got engaged. 2014 set me on the right path financially and I can’t wait to keep working on the portfolio. You’ve been such an awesome friend throughout the year and I can’t wait to see how everything goes for you in the coming months! Cheers!

      All my best,
      Ryan

       
      Reply
  7. Long Term Investing

    Wow, what a year and what a finish 🙂
    Congratulations for the engagement and all my wishes of happiness to you and your significant other…
    Keep saving, investing and blogging….
    Thanks
    LTI

     
    Reply
    1. My Dividend Growth

      LTI,

      I really appreciate it 🙂 I’m more focused than ever and am really looking forward to this year. Glad to see you on SA and congrats on your recent purchases of BBL, keep at it!!!

      Best Wishes,
      Ryan

       
      Reply
  8. Dividend Gremlin

    MDG,

    Strong finish to a strong year. I suspect you will continue to improve your situation next year. Having gone through a wedding and a honeymoon last year I know what you will be feeling. It is good to keep yourself grounded and head into it with a frugal mindset. However, hopefully you will only do it once, so do it right.

    Keep it up, this will be a good year for FI.

    – Dividend Gremlin

     
    Reply
    1. My Dividend Growth

      Dividend Gremlin,

      I never noticed your blog until now, I like it and am glad you linked to it! Congrats on your recent marriage as well, I’m so curious to where you two went for the honeymoon. We’re feeling very proud of all the progress last year and even with the wedding and honeymoon want to try to beat last years capital invested goal. It’ll mostly depend on my job situation which can be volatile, but we’ll be hoping for the best. I can’t wait to follow along with you now.

      Best Wishes,
      Ryan

       
      Reply
  9. Tawcan

    Wow you had an excellent year and showed very good progress on the financial front. Getting engaged is HUGE, I remember that time of my life a few years ago. Here’s to an excellent 2015 for the both of us.

     
    Reply
    1. My Dividend Growth

      Tawcan,

      I really appreciate the comment and well wishes! I just made another purchase to keep the ball rolling and joined you in Bank of Nova Scotia (BNS). You keep inspiring me over there, so thanks for that. Your dividend income really started rolling with a mind of its own last year. Congrats on a great 2014 and I’m wishing you continued success!

      Best,
      Ryan

       
      Reply

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