Crossed Finish Line to $100K Milestone!

I’m super excited to post that I’ve reached the milestone figure of $100K this month of Nov. My current Portfolio reading is $103,193.30 by my count. I did it!  Through my regular posts, it is well documented how I’ve come to this place. Last month, I also completed 180 days of my race. My target at the end of 180 days was $180 and I successfully achieved it.

As you all know, I started my race of 3000 days to earn $3000 per month and this month, I am onto 210 days race period and looking for $210 of passive dividend income. With all of these buys, I hope to achieve it but, it gets increasingly challenging as the race progresses due to the capital needed.

Although, I’m glad to cross the $100K finish line, however, I’m after holly-grail of passive dividend income that will come from this portfolio. This will set me up for Financial Independence (FI) and literally freedom to do what I would love to do with my time. This is the motivating force behind all this hard work. Nothing can be bigger than this: imagine you can be available for the causes that are close to your heart and even spare some extra moments for your family and kids. Freedom at work in true sense!

I started with few buys like Proctor and Gamble (PG), Realty Income (O), Royal Dutch Shell (RDS B), Kinder Morgan (KMI) and currenty, own 53 quality blue-chip companies, achieving my initial goal of 50 companies. I plan to add few more names in my portfolio collection to achieve the desired diversification, as the saying goes: don’t put all the eggs in one basket.

The support of DGI community has been incredible and I thank you whole-heartily for stopping by Race2Retirement. Thank you!

Thanks for reading.

Recent Stock Purchase I – November 2015

I made several purchases on first week of November. I plan to use these dividend growth stocks to build my passive dividend income in coming weeks and months.

Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 180 days of my race. Without further ado:

1) BHP Billiton plc (BBL): 30 positions at $32.00 on 11/05: $960.00
2) Kinder Morgan, Inc. (KMI): 40 positions at $27.54 on 11/04: $1101.60
3) ONEOK, Inc. (OKE): 30 positions at $34.00 on 11/04: $1020.00
30 positions at $32.00 on 11/05: $960.00

Total Investments: $4,041.60

I added a new company couple of weeks back: POT and now, I’ve total 53 wonderful companies in my portfolio. I’m still planning to add few more quality companies in my kitty. I updated my Portfolio and it shows my latest positions at the end of October.

Full Disclosure: Long on both mentioned stocks.

Are you considering to buy any of these companies.

Thanks for reading.