November 2019 Dividend Driven Update

Dividend Driven's Investing Thoughts

Years To Retirement

Welcome to my dividend investing blog. I am a dividend blogger and I created Dividend Driven to track my journey to financial independence by age 70. I believe investing at least 50% of my monthly income into dividend paying ETF's will maximize my passive income during retirement. I also embody the ideals that everyone can exhibit self responsibility and manage their investments themselves. Today we have more access to different types of investments and research tools than we have ever had before. Dividend investing will continue to be a solid investment strategy long-term and it will create an abundance of wealth for the smart investor. Below is my journal of things that I think about when it comes to financial independence.

Dripping In Dividends T-Shirts #BEAUTIFUL

Dividend Driven
11/30/2019

$29.04

November 2019 Dividend Driven Update

Monthly Snapshot

Change in Net Worth

$16,642.05

Dividend Income

$29.04

YOY Dividend Comparison

-$317.83

Spending Plan Results

5 Reasons

Why do some people have an emergency fund?

They want to continue living the same lifestyle after losing a job
They don't want to go into debt
They want peace of mind
They don't want to rely on anyone else to pay their bills
They want to know emergencies will not get in the way of their financial goals

Key Financial Decisions

Smart Choice

Automate your savings

Unwise Choice

Spend to impress others

$1,000 Challenge

What if I had invested $1,000 into two competing companies back in January 2010 and reinvested all of their dividends?

IBM = $1,415.43

ORCL = $2,595.17

Research Picks

Dividend Stock

Dividend ETF

IWB

Diversified Portfolio Picks

Dividend Stocks

Dividend ETFs

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Dividend Driven's Financial Journey Continues

Progressing towards retirement provides reflection and time to make adjustments. Each month I like to update the progress I have made. Once a year I also like to update my portfolio projections to see what my future may look like based on different rates of return. Currently it looks as if I'm on track to reach my goals, but my gut tells me I should have more saved by now. It's definitely a good idea to always have a cushion or amount above what you want to have saved. Check out how I'm progressing below and continue to update your own finances to grasp the bigger picture.

Net Worth Goal Of $2M

Annual Dividend Income Goal Of $50K

Retirement Account Balances

ACCOUNT	MARKET VALUE
Brokerage	$10,206.91
Roth 401(k)	$21,691.97
Roth 401(k) Brokerage Link	$174,368.11
Roth IRA	$99,682.99
Traditional IRA	$187,907.03
Health Savings Account	$8,032.48

Investment Type Balances

INVESTMENT TYPE	MARKET VALUE
Mutual Funds (2)	$27,933.74
Exchange Traded Funds (6)	$471,311.73

Estimated Social Security By Age

SOCIAL SECURITY	MONTHLY VALUE	ANNUAL VALUE
Early Retirement (Age 62)	$2,001.00	$24,012.00
Full Retirement (Age 67)	$2,940.00	$35,280.00
Delayed Retirement (Age 70)	$3,705.00	$44,460.00

Dividend Income By Time

FREQUENCY	DIVIDENDS
Annually	$6,570.51
Quarterly	$1,642.63
Monthly	$547.54
Weekly	$126.36
Daily	$18.00
Hourly	$0.75

Projected Portfolio Balance By Age & Annual Rate Of Return

Create And Stick To A Financial Plan

Dividend Driven's Benefits Of A Dividend Investing Strategy

Dividend yields are not fixed and have the ability to grow over time, keeping up with inflation.
Dividends are paid as normal dividends and sometimes paid as a special one time dividend as a bonus.
Dividends increase the number of shares when reinvested providing exponential compounding power.
Dividends account for a large portion of an investments return sharing profits with the investor over the long term.
Dividends compliment the price appreciation providing an investor two ways to profit.
Dividends help to reduce an investments risk and price volatility.
Dividend paying companies tend to be more mature and stable companies.
Dividends help determine the health of a company and offer tax advantages when held long term.
Dividends are an easy way to generate passive income during retirement.

Rule Of 25

Annual Spending Target In Retirement

Amount You Need To Have Saved & Invested$.00

[annualspendingtargetinretirement] * [ruleof25]

Dividend Driven's Top Personal Finance Questions To Ask Yourself

Everyone should know what questions to ask themselves when it comes to their finances and their future. If you are able to answer YES to every one of these questions, you are on your way to financial freedom AND doing what you can to not be a burden to anyone including our government.

Do you have a Traditional, Roth, SEP or Simple IRA?
Do you have a 401(k), 403(b), Solo 401(k), Thrift Savings Plan (TSP) or Pension?
Do you have a savings account or emergency fund of at least $2,000?
Do you have a monthly spending plan?
Do you have a Last Will and Testament, Living Trust, Power of Attorney, Living Will, Advance Directive and Estate Plan?
Do you have a Flexible Spending Account (FSA) or Health Savings Account (HSA)?
Do you have Life Insurance?
Do you have Health Insurance?
Do you have Disability Insurance?
Do you have Long Term Care Insurance?
Do you own individual Stocks, Bonds, CD's, ETF's or Mutual Funds in a bank or brokerage account?
Do you have a positive Net Worth or are all of your debts paid off?
Do you manage your own investments?
Do you save or invest at least 15% of your net income?
Do you annually maximize your retirement account contributions?

Rule Of 72

Estimated Return On Investment

Number Of Years For Your Investment To Double.00 Years

[ruleof72] / [estimatedreturnoninvestment]

Dividend Driven's Investing Guidelines

Buy and manage your investments yourself.
Buy different types of investments like ETF's, Mutual Funds, Stocks, etc.
Buy investments across multiple sectors for diversification and to control risk.
Buy investments based on your research, valuation and homework - not just the yield.
Buy investments during market corrections or pullbacks.
Buy investments early as possible to maximize compounding.
Buy investments from different institutions like Fidelity Investments, Vanguard, Charles Schwab, etc.
Buy investments in increments to maximize dollar cost averaging like a 401(k).
Buy investments in your retirement accounts first for tax purposes and to keep protected.
Buy investments that are market leaders and consist of best of breed companies.
Buy investments that focus on Dividend Aristocrats, Dividend Achievers, Dividend Kings and Dividend Challengers.
Buy investments with a plan knowing your full positions and weights of each one.
Buy investments with growing dividends and growing market value.
Buy investments with low commissions, fees, taxes and expense ratios.
Buy investments without trying to time the market when you buy.
Buy investments you know and use frequently.
Buy well established and mature investments with a positive track record.
Buy your investments for the long-term.
Sell your investments immediately if the dividend is suspended.
Track your investments and their performance monthly just like your budget.

Savings & Investment Goals By Age

AGE	VALUE
Age 30	1x Current Salary
Age 35	2x Current Salary
Age 40	3x Current Salary
Age 45	4x Current Salary
Age 50	6x Current Salary
Age 55	7x Current Salary
Age 60	8x Current Salary
Age 67	10x Current Salary

Dividend Driven's Simple Monthly Spending Plan Targets

Housing

< 25%

Utilities

< 5%

Transportation

< 10%

Insurance & Taxes

< 5%

Food & Daily Living

< 25%

Savings & Investments

> 30%

Dividend Driven's Minimum Safeguard Plan

Being prepared for emergencies and having a plan for your money will save time and help to avoid hardships in the future. These are the steps I will take to maximize my goals and live responsibly.

Roth 401(k) - Contribute $19,000 every year
Receive Maximum Match by Employer to Roth 401(k) of $6,000
Roth IRA - Contribute $6,000 every year
Health Savings Account (HSA) - Contribute $3,000 every year
Receive Annual Contribution by Employer to HSA of $400
Brokerage Link Account - Contribute $15,000 minimum every year
Checking Cash Account - Save and Maintain a $5,000 balance (daily living expenses)
Emergency Cash Account - Save and Maintain a $2,500 balance (health costs, auto repair, etc.)
Employment Cash Account - Save and Maintain a $7,500 balance (tide you over until you get another job)
Need & Want Cash Account - Save and Maintain a $5,000 balance (auto, home, etc. / mattress, appliance etc.)

Dividend Driven's Investor Resource List

Online Brokerages

News & Research

Most Profitable Dividend Paying US Companies 2018

Altria Group Inc (MO)
Apple Inc (AAPL)
AT&T (T)
Bank Of America Corporation (BAC)
Boeing Company (BA)
Chevron Corporation (CVX)
Cisco Systems Inc (CSCO)
Comcast Corporation (CMCSA)
Exxon Mobil Corporation (XOM)
Ford Motor Company (F)
Home Depot Inc (HD)
Intel Corporation (INTC)
JP Morgan Chase & Company (JPM)
Kraft Heinz Company (KHC)
Microsoft Corporation (MSFT)
Oracle Corp (ORCL)
Pfizer Inc (PFE)
Procter & Gamble Company (PG)
Prudential Financial Inc (PRU)
Union Pacific Corporation (UNP)
UnitedHealth Group Inc (UNH)
Verizon Communications Inc (VZ)
Visa Inc (V)
Walmart Inc (WMT)
Walt Disney Company (DIS)
Wells Fargo & Company (WFC)

Warren Buffet's Top Dividend Paying Stocks

American Airlines Group Inc (AAL)
Apple Inc (AAPL)
American Express Company (AXP)
Bank of America Corporation (BAC)
Bank of New Your Mellon Corporation (BK)
Costco Wholesale Corporation (COST)
Delta Air Lines Inc (DAL)
General Motors Company (GM)
Goldman Sachs Group Inc (GS)
International Business Machines Corp (IBM)
Johnson & Johnson (JNJ)
JPMorgan Chase & Company (JPM)
Kraft Heinz Company (KHC)
Coca Cola Company (KO)
Southwest Airlines Co (LUV)
Mastercard Incorporated (MA)
Moodys Corp (MCO)
Mondelez International Inc (MDLZ)
Monsanto Co (MON)
M&T Bank Corporation (MTB)
Procter & Gamble Co (PG)
PNC Financial Services (PNC)
Phillips 66 (PSX)
Restaurant Brands International Inc (QSR)
Sirius XM Holdings Inc (SIRI)
Store Capital Corporation (STOR)
Synchrony Financial (SYF)
Torchmark Corporation (TMK)
Travelers Companies Inc (TRV)
United Parcel Service (UPS)
US Bancorp (USB)
Visa Inc (V)
Verizon Communications Inc (VZ)
Wells Fargo & Company (WFC)

Dividend Achievers

Dividend Aristocrats

Dividend Challengers

Dividend Champions

Dividend Contenders

Dividend Kings

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My Dividend Investing Journey

Dividend Driven's Investing Thoughts

November 2019 Dividend Driven Update

Most Profitable Dividend Paying US Companies 2018

Warren Buffet's Top Dividend Paying Stocks

Submit A Resource For Consideration

Sharing Interesting Articles About Dividends

Submit An Article For Consideration