I thought my experiment would have a setback with the downturn in the market, but surprisingly, since my last update, it’s still up.
It’s been two months since my last update, and I after some passive thinking, I’ve come to the realization that my goal for the experiment has change on me. I no longer want to spend much on lunch, and going out once a week would be just fine with me. My lunches are now a production time where I work on blogging.
So the question is, should I continue to use the dividends on spending?
I’ve decided yes I should, but instead of lunches, I’m going to spend the money better foods for my family. I will use the money to make more nutritional food at home. I’ve been wanting to expand into this area for a long time, and this money will help both me and my family (at least at a nutritional level).
|Dividend Stock’s Lunch Experiment|
|Stock Name||Anworth||EV Energy||Chimera|
|# of Shares||260||45||600|
|Dividend / week||$14.88|
|Total Gain in|
|Amt Loaned to myself:||$1,726|
|Amt paid back to date:||$1,726|
|Amt Still Owned:||$0|
|Cumulativie Stock Value:||$6,667.80|
|Dividend Payout / Yr.:||$773.60|
|Dividend Payout / Qtr:||$193.40|
|Dividend Payout / Wk.||$14.88|
On with the Update:
- Overall, the “Total Return” of my investments since investing in 2009 is up 21.47%. Note, the change is not per year, but simply the percentage gain of what was originally invested vs the current value.
- The ”Cumulative Value” of my investments equal $6,667.80! This is money that would have went to the restaurant owner and to the waiter in tips. But now it’s sitting in my brokerage account earning me a dividend!
- With a dividend of $14.88 a week, it appears nice, but it’s based on dividends that may not be sustainable.
Since I’ve change the goal of this experiment, I don’t think I will need as much as I use to need on a weekly basis. So, I’m thinking about shifting some (if not all) of my investments into less risky (from a dividend perspective) stocks. I’ve had a great ride, so I’m not in a rush to do this, but since the goal is more serious, I think that my investments should be too.
As far as the experiment goes, it’s been a great success and exceeded my expectations. The change in my lunch rituals was an unexpected surprise and one that will get me one step closer to a purer state of frugality.