DIVIDEND INVESTMENT PROJECT
On Jan. 1, 2012, we set aside just under $120,000 (119,865 to be precise) to invest. Our intent was to select income-producing equities with the potential of producing 8% or more in income and 8% or more in growth. With a lot of luck, we exceeded both goals. For calendar year 2012, we earned $12,763 in dividend income for an annual return of 10.65% and 27% above our goal of $10,007. In addition, our principal grew to $136,410 a 13.8% growth. We took $12,311 of our income, leaving $124,099 in principal to begin 2013. The fun part is what we've been learning!