Live Off Dividends

Passive Income and Personal Finance

Month: September 2017 (page 1 of 2)

Dividend Aristocrats 2017 Full List

Dividend Aristocrats: 25+ Years Of Consecutive Dividend Growth

Dividend Aristocrats are companies within the S&P 500 that have increased dividends for at least 25 consecutive years. Dividend Aristocrats can be found in many different sectors and they are all large cap, blue chip companies. They have maintained their dividend increases through adaptations in the market, a resilient business model and consistent earnings growth. These companies have done quite well against the overall market in terms of returns.

Over the last 10 years the S&P 500’s annualized return has been 6.3%. Over the same time period the Dividend Aristocrats Index has return an annualized 9.7%. A whopping 3.4% higher than the market! Over this time period dividends have accounted for 31% of the markets total return.

This chart highlights the difference in total returns between Dividend Aristocrats and the S&P 500 from 1990-2014.

Blue chip dividend stocks are often recognized for Continue reading

Net Worth Update: August 2017 +$3,147

This was a pretty solid month for my net worth. I’ve said before that any month that this number moves in a positive direction can be considered a good month to me. Ideally, I would like to see growth of 2.5%+ per month.

For those wondering, I use  Personal Capital to help track my net worth and I highly recommend giving it a shot (it’s completely free). You can link all your accounts and it does all the work for you. It also gives you access to a bunch of really cool tools, like the investment checkup tool.

Personal

My home value stayed the same at $100,000.

My truck value actually increased from $6,762 to $7,295. +533

The only reason I can come up with for my trucks value increase is because it is getting closer to the winter months and people will be looking for four wheel drive vehicles.

Total: +$533

Investment Accounts

Robinhood account increased from $40,429 to $41,618. +$1,189

Roth IRA decreased from $14,428 to $14,329. –$99

457b increased from $6,006 to $6,541. +$535

NYS retirement account increased from $3,507 to $3,595. +$88

Total: +$1,713

Cash

My cash increased from $6,616 to $7,731.

Total: +$1,115

Total

Total assets increased from $177,748 to $180,749. +$3,001

Mortgage

My mortgage decreased from $59,296 to $59,150.

Total: -$146

My net worth heading into July is $121,599 up from $118,452 last month! This was a $3,147 increase or a 2.66% increase. Not a bad month!

Brightpeak Financial has a pretty cool (and free) 7 day $500 savings challenge, where they will send you tips and advice, if you’re interested in that click here!

net worth month to month

My year over year net worth increased by 94.17%! That is, $62,626 last August to $121,599 this August. I can only hope to see this kind of growth by this time next year.

I recently found all my old net worth data dating back to January 2016. As you can see by the chart, I was spotty in recording it. I’ve found that tracking my net worth motivates me even further to increase it. So, I will continue to do so and track the results. Again, I encourage everyone to track their net worth and Personal Capital is a great tool to help you do so.

Age

I think it’s important to track my age and where I fall percentage wise in my age group as well. I just turned 24 years old and my net worth puts me in the 96th percentile. Also, here’s the link that I use to calculate that.

This post may contain affiliate links.

Save

Save

Save

Rental Property Update: August 2017

This was a pretty solid month for my owner occupied rental property.  We’re still being patient waiting to close on the three properties we’re in contract for. For those who are reading for the first time, my father and I are partnering on three rental properties. Two 2 family homes and 1 3 family home. We were originally supposed to close sometime towards the end of July.

As of August, it now costs me an average of $273.07 to own/live in this rental property. It’s becoming a regular thing that I pay an additional $60.78 on the principal. Without the additional payment I would’ve been able to own/live here for just over $200, not bad at all. It definitely beats the $850ish it would cost me if this were a single family home.

In August, it cost me $294.87 to owner occupy this house, a little bit higher than my monthly average, but down quite a bit from July’s $338.76. I would like the average to be below $300, so this month was right where I would like it to be.

I had no miscellaneous expenses this month and not a single repair to do. It doesn’t get any better than that! There are things that I want to do, but they’re just that, wants. It’s nice not NEEDING to do anything.

For those of you who want to invest in real estate but can’t afford a down payment or don’t want to worry about fixing things when they break RealtyShares may be a good option for you. It is an online investing platform that allows you to invest in commercial and residential properties with a much smaller investment than would be required to purchase real estate out right.

The utility bill was the highest it’s ever been this month. As I talked about last month, I’m sure it’s from the two window air conditioner units upstairs. We’re very good about turning lights off and not wasting electricity down here. I’m anticipating (hoping) that September will start the trend downward as it will start getting colder and the need for A/C will diminish. The average utility bill up to this point is at $122.28, which isn’t terrible I guess.

I did get a quote to get the electric split this month. Very expensive. Somewhere in the ball park of $6,000. For those of you who have been following along, we STILL have not closed on the three rental properties. We did meet with our lawyer at the end of August and he assured us that we should close by the end of September. Everything is (and has been) done on our side, we’re just waiting for the sellers attorney to get everything on their side finished. Soon enough this post will include 4 properties and not just my owner occupied, I promise it’ll be more interesting then haha.

 

Save

Save

Save

Save

Older posts

© 2017 Live Off Dividends

Theme by Anders NorenUp ↑