The price of VYM since July of 2020 is up nearly 30%.
Borrowing at the lowest cost in history is making money flow into the markets, such as the stock market and the crypto market.
My position is over $26,000 in value, producing over $700 in forward, passive income. I’ll keep buying, for now.
marrio31/iStock via Getty Images What a time it has been. For over 16 months, I have been consistently buying Vanguard High Dividend Yield on a weekly basis, at least 3 shares for my portfolio (now 4). We won’t even consider my wife’s Vanguard position, as we have been doing the same.
After 16 months of consistency, this position has been built up in my taxable dividend stock portfolio to over $26,000. I want to tell you how it’s going, what this feels like and what my dividend investment plans are, going forward. Let’s dive into the $26,389 Vanguard Dividend Investment position in my stock portfolio! Vanguard VYM – How it started & How it’s going
Just look at that stock chart for Vanguard’s High Dividend Yield ETF ( VYM ). You can see the insane trajectory – as the ETF is up over 25% since last year. In fact, the first time I started acquiring shares of this stock / ETF, was on July 6th and Vanguard’s VYM was only at $79.40 per share. The stock market has hit all time highs, each week I feel like. Have to thank the inflation concerns, as the Fed pumped the economy with not just billions but trillions of cash.
If you take a second and even round that to $80 per share, the price has risen $30 since then. The price of VYM since July of 2020 is up nearly 30%. This just goes to show you, you can never time the market. Half the population believes the next stock market crash is here; the other half believes we are just getting started. Since I showcased the purchase back in July of 2020, here is my latest purchase on November 8th, 2021:
Yep, from $79 to $110. That’s how it’s going here. The price has just skyrocketed from the lows of 2020 during the global pandemic. In addition, so many other areas propping the stock market. Think interest rates, as well. Borrowing at the lowest cost in history is making money flow into the markets, such as the stock market and the crypto market. Heck, the price of Bitcoin and Ethereum are at all time highs as well. I hold a little bit of both crypto-currencies, but also hold a large amount in GUSD Stablecoin, where I earn 9% on my money!
So that is how it started with Vanguard and VYM, leading into how it’s going. A nice massive price appreciation. The stock market is at all time highs and shows no signs of slowing down. Passive income is being added each week from the purchase, but it’s costing a lot more capital to do so, that’s for sure. The road to financial freedom was not supposed to be easy, but I am here to battle. Vanguard Investment Worth $26,000+
Time to talk to you about my current investment with Vanguard’s VYM. See the snip below. I have plowed in over $22,000 into this ETF investment. How does that even happen? Never stopping. No matter what, I was investing at least 3 shares per week, sometimes more when it would dip. Lately, I’ve been doing 4 per week, due to other circumstances. I want to be financially free so bad, that building up a consistent stream of passive income is all that is on my mind. My portfolio holdings are also publicly displayed.
Therefore, the consistency of investing in the stock market made this possible. I didn’t pay attention to the noise, such as the Fed, Presidency, elections, COVID-19 cases (though sad), market crashes, market bull runs, crypto currency, Tesla, Bitcoin, etc.. I kept my head down and kept investing. I didn’t time the market. If I did, I wouldn’t have built this huge of a position.
Do you see that far right column? That’s my forward / expected dividend income. $710.34 in forward income I am anticipating from VYM. This does not include my wife’s investment in VYM, which almost doubles this complete amount! My taxable, dividend stock portfolio is almost adding 2 shares of VYM per reinvestment. Around 8-10 weeks to go and that forward income will leap over $800 per year.
It’s wild seeing how much I have invested […]