The criteria for the Snowball has been tweaked, it was previously very roughly an equal weighted amount invested in each position but has now been changed to equal income from each position.
The target is income of 1k per share, there are currently 10 shares in the Snowball, so it will take some time to achieve, although gently increasing dividends over time should help to shorten the time frame.
I’ve bought for the Snowball a further 1311 shares in SUPR which should produce total income in the next 12 months of £928.00
Next years Income Fcast is £9,120 and the Target is 10k, a yield on seed capital of 9%.
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