Let’s start off with my goals set way back in 2018.
- Dividend yield > 5%
- Total dividends > RM20,000 p.a.
Those were the goals I set out to achieve at the start of 2019. Here’s where I am at now.
- Dividend yield: 4.16%
- Total dividends: RM16,322.27
As compared to 2018, both my yield and my total dividends have dropped. I can attribute this to the bad performance of some companies I hold and the markets not doing well. But at the end of the day, it is on me because I held on to those stocks and I should be ahead of the market.
So, come 2020, I’ll be sprucing up and making some changes to the Freedom Fund. Time to get the dividend yield above the 5% threshold, lock in some profits and cut some losses.
Fix the Freedom Fund. The aim is still 5% dividend yield per annum with the final goal being RM36,000 in total dividends every year.
Thereafter, I’d want to set aside some money to invest in riskier, high growth potential companies.
The blog has been making steady progress over the years. Dividend Magic has officially crossed the 1 million views mark. It’ll be exciting to see how the site does in the coming years.
You may have come across a few more Sponsored Posts than usual.
I’d like everyone to know that I vet through and at the end of the day only take on jobs that I personally approve and use. So, the next time you see the tag [Sponsored], do know that it’ll probably bring some value to you.
I’ve made a decision moving forward to focus on quality as opposed to quantity when it comes to sponsors. I’ll be choosing to work with a select few that relate closely to investing and what I’m writing about.
In the past, I’ve been focusing a lot on financial goals but I’d like to keep myself accountable on the non-financial aspects of my life as well. So the goals will be a little more personal this time around.
I’ve been hitting the gym 5 times a week now. Also, instead of the usual strength and vanity muscle workouts, I’ve been focusing on mobility and stretching.
Meditation is also a big part of my routine now. If you all want to be more productive and focused on basically everything, I highly recommend meditation. It’ll take up only 10-20 minutes of your day.
I’d want to continue my 5-times a week work out sessions.
Also, I’d like to make meditation a permanent routine and habit of mine. First thing in the morning and one more in the evening.
And, a better diet.
I’ll be increasing my budget for travel as well as for food moving forward. So look forward to more posts and photos like this on my Instagram.
This is how the Freedom Fund looks going into 2020.
Gross Investment: RM392,717.20
Market Value: RM458,476.77
Dividends (2019): RM16,322.27
Dividend Yield: 4.16%
Special Dividend: RM11,970.00
2020 would be a good year to start investing. If you’re looking to start, start hERE. If you haven’t got the funds, please start saving.
To a stellar year ahead. Onwards and upwards.