Investment Goals for 2017 Check In… and Goals for 2018

2017 Investment Goals

At the beginning of 2017 – which was also the launch of – I formulated five investment goals for the year.

  1. Contribute $30,000 to the portfolio
  2. Achieve forward dividend income of $3,500 by the end of 2017
  3. Receive $3,000 dividend income throughout 2017
  4. Keep forward dividend income as a % of my Portfolio  at >3.5%
  5. Keep trading cost < 150 

With 2017 in the books, let’s check back how I did on these goals.

With regards to Goal #1 I was pretty skepticalestimating that contributing $30,000 to my Portfolio would be a stretch. Turns out my fear wasn’t warranted as I managed to add $43,446 in capital in 2017. Goal achieved! 

Goal #2 was about getting my 12 month projected forward dividend income to $3,500 at the 31st of December. As can be seen in the graphic below, my forward dividend income at the end of 2017 was $3,960 annually (or $330 per month).  Again, Goal achieved! 

Goal #3 was about the dividends I planned to receive between Jan 1st and December 31st of 2017. While the target was $3,000 (see blue line below) – I ended the year with $3,173 in received dividends (green line).

As you can see in the chart, September was the month I crossed the line and started to beat the target. Not surprising since I almost received $400 in dividends that month. Goal achieved! 

With goal #4 I track my forward dividend income (goal #2) as a percentage of my portfolio contributions – ie my yield on cost (YOC).  In buying stocks I try to maintain a balance between high yielders (such as most REITS) and low yielders with above average dividend growth rates (stock like SBUX, DAL). Overall my goal is to obtain a minimum of 3.5% YOC.

At the end of 2017 my forward dividend income stood at 3.86% as a percentage of my portfolio contributions (chart below). Goal achievedand we are four for four here!

Finally, goal #5 is about keeping my trading cost low. As I do not my consider myself a trader but an investor, my ideal holding period for a stock is forever. By definition this allows me to keep my trading cost modest.

But while my goal was to keep my trading cost below $150 for the year, my actual trading fees came to $197. Goal not achieved!

Final score: four out of five 2017 investment goals achieved!

2018 Investment Goals

Turning towards the new year, I strive to achieve the following five updated investment goals:

  1. Contribute $25,000 to the portfolio
  2. Achieve forward dividend income of $6,000 by the end of 2018
  3. Receive $5,000 dividend income throughout 2018
  4. Keep forward dividend income as a % of my Portfolio  at >3.5%
  5. Keep trading cost < 100 

Goals #1, #2 and #3 are more modest in comparison to 2017.

I expect to be able to allocate significantly less capital to my portfolio this year.  However, with dividend raises continuing to kick in – the power of dividend growth investing – goals #1 and #2 should be attainable.

Goal #4 should also be doable if I continue to buy a mix of high-yielders and low-yielders (but with high dividend growth).

Reduced buying activity ensures that I meet my trading cost goal (#5) for 2018, as I failed miserably here for 2017.

What do you think about these goals? Did you make your 2017 goals and what are yours for 2018? Leave a comment/reply to share your thoughts!

Author: Tall Investing

11 thoughts on “Investment Goals for 2017 Check In… and Goals for 2018”

  1. Nice tall congrats on your goals last yr. 45 bucks is minor in the grand scheme of things. Looks like some great goals for this year. Cheers!

    1. Pollie,

      Thanks for stopping by. I looked at your 2017 goals and how you scored on them… great job as well! As long as we keep achieving on the most important goals (dividend income, allocation of new capital), all will be OK. Happy 2018!

  2. Congrats on your financial achievements in 2017. I had the same „problem“, relatively high fees for the acquisition of my stock acquisitions in 2017. certainly room for improvements.
    Keep it up your good work and all the best!

    1. Financial Shaper,

      Apt use of quotation marks here, because I certainly think this is a minor problem compared to achieving all other important goals. Always room for improvement nonetheless!

      Thanks for stopping by and all the best in Investing Year 2018!

  3. Nice job! 2017 was certainly a good year for you! But I’m pretty sure you are going to reach your 2018 targets as well.

    I also intended to write down my goals for 2018 until the end of January. Unfortunately, I was very busy working during the last couple of weeks. The only thing I know for sure is that I want to receive €3,000 in dividend and interest income in 2018. But we’ll see how that works out.

    Thanks again for sharing your investment goals with us!

    – David

    1. Jung in Rente,

      Glad you like the post. Writing and sharing goals is great to keep yourself honest…and gamify the process of meeting your investment goals.

      €3,000 is a very impressive amount of money. The recent dip in share prices certainly makes for some nice buying opportunities.

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