The portfolio earned £9,422.00, calendar year 2022/23.
The current year to date the portfolio has received £3,861.00 in dividends.
Dividends declared for May £492.00
Total year to date £4,343.00 at the end of May, which is ahead of target.
The plan is to re-invest all dividends earned to earn more dividends The Snowball.
The fcast remains dividends of 8k and a target of 9k.
To achieve the ten year plan for The Snowball at the end of
2024 £7,490.00
2025 £7,980.00
It’s possible The Snowball may achieve its 2027 target of £9,170.00 but that’s only a possible. The ten year plan is to invest 100k without adding further funds to achieve a ‘pension’ of between 14-16k.
If u have a longer time frame u will benefit from the eight wonder of the world, compound interest. If compound at 7%, u will double your Snowball in ten years and u only need one or two Trusts to re-invest in which don’t have to be any of your current portfolio.
Stick to your plan, until it stick to u.
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