Hello again. Here’s the second dividend income report of 2017 for my kids’ portfolio!
As you could read in My kids’ portfolio page, we doubled our kids saving money from 5K to 10K in a 5 year time frame using our defensive strategy from our Financial strategy. Now we are activating this 10K into a cash producing factory for the future of my kids. Putting it on a savings account would be the same as losing 265 euro per year…insane. The inflation increased in February 2017 to 2,65%. This means putting more money on a saving account is equal to losing more money. Unfortunately not many people do realize that as money on savings accounts in Belgium keeps on piling up and growing…
Kids enjoyed a great City break in Paris during their latest school vacation. We spend one full week in Paris visiting many locations. See here a picture of their visit to the museu
m the Louvre. They loved the visit to all these galleries…and especially the Mona Lisa !
Now you can read our Dividend Income February 2017 Report Out
Dividends received in February 2017
During the month of February 2017, we received 34,35$ dividend income. This came from 2 monthly paying dividend paying stocks.
We also have a currency gain of 9% as the dollar rallied higher. But we don’t take this into account. We do not intend to transfer our portfolio back into Euro’s within the next 10 years. At this stage we don’t care. All money received will be re-invested in additional shares going forward. We only focus on cash flow….creating that cash flow tree.
We did not use the 10% cash available for new dividend investments. Our portfolio shows today higher than 11.000 Euro including the currency gains.
Growth
Going forward we will compare our portfolio performance against the Stock market “guru” Paul Dhoore, who advises the perfect investment portfolio on Belgian TV VTM. We wonder if he got any cash paid out already two months in a row…hahaha…most likely not.
If you missed the blog post How would you invest 10.000 Euro in 2017? , you can read it here.
We now have 105,96 EURO dividends received on a starting amount of 10.000 EURO. But we only have invested 90% of this amount, don’t forget !
The 2017 goal for my kids’ portfolio is to generate 600$ in the total year which equals to an investment return of 6%. A good return on investment I would say compared to the alternatives. We now have 17% of our 2017 Yearly goal on our bankaccount. This is what matters…money paid on our bank account.
Going forward
We are mid March 2017. We will evaluate our current investments whether they are SAFE going forward. Any company announcements may result in unexpected unpleasant surprises. This is not a BUY and HOLD FOREVER strategy. You need to manage it like you manage your household and your health.
If required we will sell our stock and enter a new safer dividend paying opportunity. Read our financial strategy step 5 if you don’t know what we are talking about.
Good luck with your personal finance strategy for your kids! Putting money on a savings account for your kids is NOT a strategy!
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