Hello I did a what have you purchased post like this before about 1 year ago. Here it is to refresh your memory-Assets. I believe it is time for an update. Annual updates are easier for me to share with all of you as I am busy more often now a days. I will disclose what I have purchased and hopefully you guys can share what you bought as well. If you are shy then do it anonymously. For all of you not scared to share your success stories let me be the first one to congratulate you.
I will begin listing all the assets I have purchased and mostly all of them will go up every quarter as I have them on automatic reinvesting status. I will also list any other major purchases that add value to my life one way or another. I do not wish to share too much info, but I hope you can still get some value out of the post and then can track your own accounts.
What did I purchase in 2012:
1. 100 shares of a risky cheap Bank Stock-One Time (HCBK)
2. 100 Shares of a risky telecom Stock-Dollar Cost Averaging (WIN)
3. 100 Shares of various 401k Funds -Quarterly
4. 50 Shares of various Roth IRA Fund Shares-Quarterly
5. A new computer for my blog business and personal use.
6. A new mattress as back was hurting (Unfortunately New mattress has not helped)
It is really exciting to see the numbers increase from time to time, and I hopefully one day will be able to live off my investments. Did you know that if you owned 1000 shares of Altria Stock (MO) it would cost you about 34K dollars to buy all those shares. The dividend you would receive would be about, $ 450 dollars quarterly and $ 1800 dollars per year. Every quarter my dividends are greater as the number of shares grow. Compounding makes me a happy camper.
Imagine waking up to do what you please without being tied down to achieve other peoples dreams, and can contribute as much or as little towards your own dreams. The point in life is to become independent while accomplishing your passion. I feel we all can do this with the right investment strategy. See below for two great articles one about dividend stocks and the other about a retired blogger who is living his dream.
Article on the highest paying dividend champion stocks- Here
Look at numbers Retire by 40 is posting for his update on income and expenses.
What did you purchase in 2012?
Comment if you keep track of your finance accounts like this?
Rich Uncle EL
The stocks mentioned above are not listed or recommended by moneywatch101.com, do your own research before buying any stocks.
