Monday, December 30, 2013


I had expected to collect a nice chunk of cash from dividends in December, but it turns out it beat my expectations!  Dividend income for the month was double the highest month of 2013!  What's even more exciting, in 2014 I'll have two big dividend months.  The months of July and December 2014 will have dividend payments of 15 and 16 dividends.  There are also 2 months when I'll receive 13 dividend payments.  So 2014 is already looking like a good year for boosting monthly cash flow.  The greatest thing is, with re-invested dividends, the monthly cash flow increases every single month.  It's like getting a pay raise only you don't have to do anything special to earn it.  This is exactly why I love dividend investing!

With December coming to a close, I've been gearing up for tax time.  Since I had no stock sales or special situation stocks in 2013, this will be my easiest tax season in quite a few years.  It should be quick and simple to fill out my tax return this year and I'm expecting a little cash back which I plan to use for paying some bills and adding to my investments.  

March will be the beginning of the outdoor flea market season and I'm planning on setting up a booth a couple of Saturdays per month.  May go every Saturday if I can find good resale merchandise.  I plan to use that cash for eliminating what little debt I have left.  The light is at the end of the tunnel, just have to hang on a little longer.  Once all my debt is history, I'll be diverting all the cash I've been using to pay down debt toward building my investments.  So I'm excited about reducing debt as rapidly as possible.  I'll be looking for a part time job after the first of the year to work help reach that goal.

Here is wishing everyone a very happy, safe and prosperous New Year!

No comments: