| Recently I began writing articles for the online blog seekingalpha.com which will also bring in some significant authorship earnings on a quarterly basis. I've been able to increase my salary by about 20% this month by submitting articles and will invest this money when the time comes.
This month I also learned I'll likely be eligible for a FHA loan once my taxes are filed and completed. Looking forward to looking into real estate as a viable way of diversifying my assets! More updates to come on that venture.
Taxable account dividends I received in January of 2012:
04Jan, KMB, $10.94
06Jan, AEO, $21.87
13Jan, KFT, $7.10
25Jan, CSCO, $6.42
25Jan, GE, $22.95
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Jan 2012 taxable dividend receipt total: $69.28
I lowered my 401(k) percentage to 15% of my salary which allows me to sock away nearly $12,000 a year plus an additional $5,000 a year to the Roth IRA. I've begun adding the difference to my taxable brokerage account in order to purchase undervalued dividend-paying stocks.
I'm doing my best to reach my goal of obtaining a net worth of $150,000 by the age of 30. I'll be 31 in February of 2014 and I believe I can make this goal. |