This year has been a dividend-heavy year with the majority of my investments focusing on dividend mature companies and dividend growth companies. I finally sold my Tesla positions at the end of the year for a nice little profit after having been bagholding them for almost 3 years. I managed to max out my 401k and Roth IRA contribution limits to meet my 2019 goals. My dividend goal fell short by $474.41, meeting only $4,025.59 out of the $4,500 goal.
I’m not sure how many people track this but I checked my calendar and I only dined out 178 days out of the 365 in 2019. This accounts for 49% of the year. Basically, I ate out on average, 3 days per week. My goal was to eat out less than half the year and I’m very happy I was successfully able to do that.
This year the new 401k contribution limit has been raised to $19,500. The Roth IRA limit is still the same at $6,000. I will still be retaining my dividend goal of $4,500 which represents a 10% increase from my dividend accumulation last year. Think of it as giving yourself a 10% raise over last year.
In addition to that, I have a few goals I wish to achieve for the 2020 new year:
- Pay off one student loan
- Visit one international location
- Visit Mount Rushmore
- Purchase Property
I plan on maxing out my Roth IRA and my 401k within the first half of 2020 and then saving the rest of the year and hopefully purchasing some property by the end of the year. I have no concrete plans for now but I’m envisioning being able to rent out a room to help with the mortgage and contribute to a channel of rental income.
2 thoughts on “A Wrap Up of 2019”
Congrats Nero! Excellent work and as always thank you for the inspiration. Happy New Year from Texas! Here’s to 2020!
Thank you Thomas! Always appreciate the comments. Here’s to 2020!