Invest $26,000 in dividend stocks.Success! Budget and keep expenses at $600/mo (not including necessities).Failed! Don’t sell gold mining stocks yet for more dividend stocks!Failed!
Invest $3000 more in 3 new stocks by end of December.Failed! Post a blog with updates once every month. Failed!
Well 2016 is here (well it’s been here for the past 2 months) and it looks like I have failed almost all of my goals. The only success that I’ve had was to get initially started in investing my dividends.
My first failure was to keep my expenses at $600 a month. There were some months that I did meet this goal and even got under budget but ultimately I had important things come up.
As for the second failure, which was directly related in result of the first failure, I could not invest $3000 more by the end of the year in 3 new stocks. Life changing expenses came up in my personal life and I even had to resort in selling my Silver ETFs (SIL). Sometimes life changing events that allows you to grow in your personal life are more important than money.
As for the final failure, I have been tentatively monitoring, updating my portfolio, and reinvesting my dividends but I’ve failed to update my blog once a month with new content. This blogging thing is a new experience for me but I hope to update my blog with new content as much as I can this year.
Now I have to write up new goals for myself to set for this year and even a simple thing such as this can be complicated. I should think very carefully of what goals I want to reach and make sure that it is realistic as well.