It struck me recently that I should really try to estimate if I’m even on track to reach FI based on dividend income, and if I’m not, what I would need to do to reach it. And since this thought involved making another Calculator which is always fun, I thought I’d do that instead of doing what I should be doing; namely some work at home.
So here’s my first attempt at a target retirement age calculator.
I intend this new site simply as an online reference of the data contained in the Excel file. It will not be a blog and I’ll still be blogging solely here at DividendLife.
However, the new site should allow more interesting views of the data than I can easily publish in an Excel file or WordPress blog; such as graphs of dividend growth, the dividend history for each company, links to annual reports and averages / stats for dividends based on sectors. I don’t envisage adding any support for real-time data feeds or market news.
I’m still learning how to make a website from scratch so please be gentle with the site! And note that the online list isn’t fully populated yet as I’ve only included ~129 companies from the spreadsheet but it’s growing daily. If anyone’s interested in the technology behind the site, feel free to ask.
I wanted to make a simple calculator to show just how valuable each $1 (or pound, euro etc) that you have today is really worth to you over the long term. There’s obviously some major assumptions in such a calculation, but I hope it highlights how important it is to start saving early.
Last Tuesday I made my first Sharebuilder automatic purchase in April and I added to existing positions in the Industrials sector. I’ve been busy on a new project which I’ll talk about later although there are some big clues already on this site if you’re astute. Continue reading “First April Purchase”
After a taking a Random Walk Down Wall Street, I picked up a copy of The Drunkard’s Walk by Leonard Mlodinow from the local library. This isn’t an investment book per se, but as its subtitle, “How randomness rules our lives” suggests, it offers some insight into the confusing and often misunderstood world of randomness and chaos that surrounds us in both financial and everyday life.