As the handful of people who follow this blog
know, I’m looking to retire early, like within a couple years early. With that
in mind, I’ve been experimenting with a couple of different investment options
as I decide on which ‘bucket’ approach I will use to fund my retirement:
·
75% index fund/25% bond fund mix with a
Fidelity brokerage account. To date this year, I’m up about 16.7%, with nowhere near
as wide a spread as you would think between the two funds, thanks to the
excellent year bonds have had. Additionally, the index fund will pay out a
dividend of close to 2% in December to add to the pot.
·
Dividend Investing: To
date, using Robinhood, a commission-free online tool, I’ve bought into 8 different stocks that average dividend
payouts of 6.2% per year. As you can see in the screenshot above, they’ve also
observed solid growth year to date. In selecting these stocks, I chose companies
that were at least 20% off of 52-week highs, paid a dividend of at least 4% and
had solid financials (other than Coke, which I bought just because it’s Coke š).
Looking forward to how the rest of the year shakes
out and will update more frequently in the future.
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