It’s time to post my total 2021 dividends received from three stock accounts.
Total dividends from my brokerage account: $13,232.01
Total dividends from my Roth account: $703.44
Total dividends from my IRA account: $99.45
Grand total for 2021: $14,034.90
My overall portfolio values and financial mental values have really changed over the past year. When I talk about wallets, I also include my crypto holdings. Don’t worry, I’m still a strong believer in investing in long-term dividend growth. I still have all my shares in my brokerage account and I still invest and reinvest the dividends for the “baby” (more baby) DivHut. That being said, the reason for my mental shift in finance was a result of seeing my crypto portfolio gain over my stock portfolio and then overtaking it by a long shot reaching a hair under seven figures.
I really got into bitcoin and ether in mid-2017 buying the crypto assets as low as $3,000 for BTC (BTC-USD) and just under $300 for ETH (ETH-USD). Glad to say that I held on and kept buying through the crypto winter while sleeping well at night as the volatility of these crypto assets would swing wildly. No sale for me.
Crypto assets are the future, especially BTC. I am not here to tell anyone to buy BTC. All I’m saying is that for me it’s an important part of an overall asset portfolio allocation. As you know, some of us only invest in dividend-paying stocks, which may or may not include ETFs, REITs, mutual funds and the like (some are averse to these types of assets in a portfolio of dividend income). Some of us invest directly in real estate, precious metals as well. I have read blog posts about people investing in lending platforms. Either way, we all diversify into other asset classes as we see fit. Personal finance, right? The key word being personal.
A notable change to my portfolios going forward was the liquidation of my Roth and IRA portfolios for one asset, Grayscale Bitcoin Trust (OTC:GBTC). Looking for longer term exposure to bitcoin, I bought GBTC with these accounts because I can’t touch that money until retirement age anyway. Going forward, my retirement accounts will no longer provide dividend income. I may have to wait a while for these accounts to mature as BTC increases in value, but I can wait. I’m here for the long term, dividends and BTC. The brokerage account remains the same with all the same dividend kings, aristocrats, challengers, etc. that we all know and love. I still have my Apple (AAPL), Microsoft (MSFT), Johnson & Johnson (JNJ), Abbott Laboratories (ABT), AbbVie (ABBV), General Mills (GIS), Unilever (UL), Pfizer (PFE), The Southern Company (SO), 3M Company (MMM), McDonald’s Corporation (MCD), Yum! Brands (YUM), Consolidated Edison (ED), T. Rowe Price Group (TROW), PepsiCo (PEP), The Coca-Cola Company (KO) and many more. Like I said, I’m still into dividend growth investing.
Disclosure: Long all stocks mentioned
Editor’s note: The summary bullet points for this article were chosen by the Seeking Alpha editors.