About three years ago we decided that we needed to try to create another stream of income for our family. After looking into different options we decided on creating and growing a portfolio of dividend growing stocks to help bring in more income. A smart investor once said to never rely on one source of income and adding additional streams of income will help to create more wealth for your family. Dividend investing does require patience, it is not going to get someone rich over night. The plan is to buy strong companies or brands at reasonable prices that will continually pay out dividends and hopefully increase the payouts over the coming years. Our main concern with this account is to continue to increase the annual income we receive from the account rather than worry about the accounts overall balance. We want to show what our portfolio currently looks like and to track our progress through the coming years. We are both amateur investors and still trying to learn along the way. Here is our account, along with the current gains or losses, including dividends. The second chart shows the dividend payouts that we received in 2016.
