Quitting My Job And Investing My Pension Plan - August Dividend Income Report

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The Dividend Guy
31.24K Followers

Summary

  • Some months might appear to underperform, but you must trust the process over the long term to evaluate our performance more accurately.
  • Selecting high-quality dividend growers will make you a winner over the long run; you must trust the process, stay focused, and stay in the market.
  • Being in control and fully responsible for your finances are the keys to achieving a successful retirement.
  • When I see that my portfolio generates more income year after year, I know the businesses I own are healthy and, therefore, the price of their shares isn’t relevant.

Money saving and growth concept.

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In September of 2017, I received slightly over $100K from my former employer, representing the commuted value of my pension plan. I decided to invest 100% of this money in dividend growth stocks.

Each month, I publish my results on

pie chart: Sector allocation

WELCOMETODSRPRO                                            RESULTSASOF:Jul07,2022
118

bar chart: Dividend Income

histogram: cumulative dividends paid

This article was written by

The Dividend Guy profile picture
31.24K Followers
My name is Mike and I’m the author of The Dividend Guy Blog & The Dividend Monk along with the owner and portfolio manager here at Dividend Stocks Rock (DSR). I earned my bachelor degree in finance-marketing, own a CFP title along with an MBA in financial services. Besides being a passionate investor, I’m also happily married with three beautiful children. I started my online venture to educate people about investing and to be able to spend more time with my family. I started my career in the financial industry back in 2003. I earned several promotions along with a good pile of diplomas. I had lots of fun working with clients in private banking for half a decade, but thought I could do more with my life. In 2016, I decided to take a leap of faith and left everything behind to travel across North America and Central America with my family. We drove through nine countries and stayed three months in Costa Rica before returning home. This was an eye-opening adventure that led me in 2017 to quit my job in the financial industry and pursue my dream; helping others with their personal finance through my investing websites. You just found the reason why I quit my suit & tie job!

Additional disclosure: Copyright © 2022

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