With the Christmas carols already jingling from the radio stations, and the cold freezing your fingers in the morning. You know the end of the year is very close.
With only one month to go, we will mark this year in many different ways. The biggest one – investment wise – has been our sell-off of the stock portfolio. We’ve changed our vision and strategy on investing completely, and therefore made some choices that will have a big impact on our lives moving forward. Instead of turning our savings towards dividend investing, we are now committed to real estate investing.
Our portfolio consisted of stocks from 18 different companies, having a total worth of 40.268 euro is no more. We’ve sold each and every one of it. We’re saying goodbye to Shell, Unilever, Mastercard, Amgen, Apple, Nike, Procter & Gamble, Starbucks, Johnson & Johnson, Muenchener Ruck, TKH Group, Walt Disney, Wells Fargo, LyondellBasell, IBM, Gilead, Bank of Nova Scotia and the last recruit, Allergan.
It feels a bit contradictory as we still believe in a prosperous future for every company we’ve held a position in. We will shy away from too detailed news updates (or company reports). I will keep following the market trends in general – as well as many of dividend investing blogs – from the sidelines. Just out of curiosity. Can’t help myself, really.
This month is the month of the big changes, apparently. Because not only did we switch investing focus. I also started my new job halfway through the month. Besides the unavoidable feeling of – oh f*ck, why on earth did I do this – everything plays out quite nicely. I’ve made a little business trip to Milan, get to enjoy really delicious lunches at the office canteen, and starting to get to know my new work focus and rhythm more and more.
Additionally, we have received two sets of keys this month. Both of our two rental properties have finally come into our possession. Which means a busy schedule and get it up and running as smooth as possible. One of them is already rented out. The other one needs some fixing up before we can attract any renters. Details of the second unit will be coming up shortly.
In the meantime we keep continue meeting people, seeing new properties to look for future deals and I’ve been catching up on the podcasts of BiggerPockets lately.
Last dividend update
Last month, there were some dividends trickling in and they will be for the coming few weeks as well. Nonetheless, this update will consist the last monthly dividend update from Divnomics.
For the month of November, we’ve received 39 euro and 52 cents, coming from Apple, Marathon, Mastercard, and Starbucks. A steady increase of 32.8% compared to last year. But does it matter anymore? Of course! I’m still feeling proud of all the dividend increases we’ve seen happening and just know how powerful the effects of compounding can be.
Starbucks wasn’t yet in our portfolio last year this time around. We had bought it right after they announced a sharp dividend growth of 25%. And this year again, they increased their dividends big time from 0.25 to 0.30 cents per stock.
The graph of our portfolio shows a beautiful line tumbling down all the way to zero. Every year we have had great progress and growth that underlines that dividend investing is a great tool to build up wealth and an additional income stream.
That journey will end for us here. We are collecting the last of our dividends in the coming weeks and start collecting rental incomes instead. I’m looking forward to reading the progress of all other dividend investing journeys and see what we’re missing out on.
Our strategic change in our investment plan also has some effects on the blog. A few of the pages on here are clearly outdated and needs to be updated or removed. I’m not quite sure about the plans moving forward and will use some time to think and/or experiment a bit. In short, adjustments will be made. Anything is possible.
One thing will never change though, the blog will remain a reflection of our process and journey. The journey of building wealth, discovering a certain mindset, to learn from our mistakes and share our successes. As such the focus is simple and clear: growth.
Although this is the very last dividend and portfolio update, I’m curious to what you think. Should I continue to do a monthly update – but in a new form? Or not at all and instead, integrate our journey in other posts? As a reader, what do you think about it?