TORONTO, July 3, 2019 – RTC (REVERSE THE CRUSH or www.reversethecrush.com) announced today its dividend income results for the month of June that ended on June 30, 2019.
June 2019 Highlights
- $58.42 was received in June 2019.
- 76%* YoY growth was achieved compared to June 2018.
- $281.69 has been earned YTD (January to June 2019).
- This is RTC’s 25th dividend income update on the way to financial independence through investing.
Welcome to the 25th dividend income update on Reverse The Crush, Investors.
I am excited to report another strong month of year over year growth.
Overall, $58.42 was earned in June 2019. This represents a 76% YoY increase compared to June 2018. A total of $281.69 has now been earned since January of this year.
Only $108.50 more needs to be earned to exceed last year’s total dividend income now. $390.19 was earned in total during the course of 2018.
Even considering the recent sell the RTC Portfolio Manager made, last year’s total will be easily surpassed based on current projections.
Key Numbers| Dividend Income Update # 25 | June 2019
Dividend income earned in June 2019: $58.42
Total 2019 Year to date dividend income is now: $281.69
Total dividend income in June 2018: $33.16
YoY growth compared to June 2018: 76% increase (Up $25.26)
How many stocks paid dividends in June 2019: 5 (Down 1 since last year)
Besides that, the portfolio’s pace is picking up in 2019: $126.71 more has been earned compared to last year by the same point.
$388.31 More To Reach The Target Of $670
The goal to earn $670 this year is beginning to seem achievable. At the mid year point, $388.31 more would need to be earned to reach this target. This works out to approximately $64.72 per month.
This could be challenging, though, because July’s dividend income will see a steep drop off. Possibly the lowest dividend income in a month this year. But this will just be temporary, as new investments will increase revenue quickly.
After reviewing current dividend income projections, and considering that $75 dividend income months remain, the RTC Team believes the target of $670 is still within reach.
Blogging could earn more than dividend income at this point
I’m starting to see how Financial Independence could work based on dividend income updates and on offers received through e-mail.
If I put up an advertising page with services, if I stopped having to decline offers due to a conflict of interest, and if I actually tried to sell, I am confident in saying that this blog could generate more than dividend income at this point. Dividend income generates an average of $50 plus a month now—blogging could generate much more than that, if the blog was being run as a business.
The point is that this plan is coming together. I’ve worked hard on this blog for over 3 years now. It’s cool that I’ve been able to build up income streams in just a few short years after my year off. The combination of blogging and dividend investing to support financial independence is realistic. They can both make money.
Concluding Thoughts – Dividend Income Update # 25
If I continue to treat personal finance like a business, and if I stick to the long term plan, I know that financial independence is within reach over the next 5 to 15 years. Hopefully 10 or less.
As long as my expenses remain reasonable, and if I continue to save and invest into dividend paying stocks, I know I will be in a great position within a few years time.
But as for right now, $58.42 on 76% YoY growth was achieved for the 25th dividend income update. I look forward to building this cash flow machine over the years.
Thanks for reading!
I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. Otherwise, all links in this post are internal links and links to RTC social media accounts.
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Email: graham@reversethecrush.com
Mid Year Portfolio Commentary
