July was another decent month as the dividends roll in. My goal is to increase these to a point where I can start focusing on the more important things in life. I dream of spending time with my kids and their kids playing games, working on hobbies and even getting them into donating their time to charity.
Currently I am not even close to that point but that is why I am in it for the long haul. Month after month I try to plow as much capital into the dividend machine. It rewards me little by little. For July the reward was $155.22 to my taxable portfolio and $129.41 in my IRA. This totals to $284.63 and is a 273% increase over last July. This is mostly associated with my roll over from my previous job's 401k into an IRA. Since this was pre-tax dollars it will be staying in the IRA for the foreseeable future.
On a side note my "bonus" was delivered into my ShareBuilder account this month as well. For opening up an IRA with my 401k they kicked me an extra $200 dollars. Not bad (and taxes won't be bad either.)
Did the machine reward you with a year over year increase?