My Financial Goal
Everyone needs to set goals in their personal and professional lives. This is the only way to push ourselves to become better. We should set short and long term goals which are realistic. But it’s not enough to just have goals, we need to work hard to attain them. The harder we work now the more it will pay off later!
Goals are updated as achieved or on a year basis
Ultimate long-term financial goal
My ultimate goal is to live off the dividends which my investment are generating. However this goal is not achievable overnight.
Receive $30'000 net dividend income yearly:
Portfolios value = $50'000
Dividend Income = $1'000
Improvement of my Portfolios diversification:
- Diversification by sector as well as having a combination of high dividend growth and yield Stocks.