Time to post my 2021 total 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 shifted over the course of last year. When I’m talking about portfolios I am also including my crypto holdings. Don’t worry, I am still a big believer in long term dividend growth investing. I still have all my stocks in my brokerage account and I still invest and reinvest dividends for “baby” (no longer a baby) DivHut. That being said, the reason for my mental shift in finances was the result of seeing my crypto portfolio gain on my stock portfolio and then surpass it by a long shot hitting a hair under seven figures.
I really got into bitcoin and ether midway through 2017 buying up the crypto assets as low as $3,000 for BTC and just under $300 for ETH. Happy to say, I held and kept buying through crypto winter sleeping well at night as volatility in those crypto assets would swing wildly. No sells for me.
Crypto assets are the future specifically BTC. I’m not here to tell anyone they need to buy BTC. All I am saying is that for me it is an important part of an overall asset portfolio allocation. As you know, some of us invest solely in dividend stocks, which may or may not include, ETFs, REITs, mutual funds and the like (some are opposed to those type of assets in a dividend income portfolio). Some of us invest in real estate directly, precious metals as well. I have read blog posts about people investing in lending platforms. Whatever the case may be we all diversify into other asset classes as we see fit. Personal finance right? Key word being personal.
One notable change in my portfolios going forward has been the liquidation of my Roth and IRA portfolios for one asset, GBTC. Looking for more long term bitcoin exposure I have bought into GBTC with those accounts as I cannot touch that cash till retirement age anyway. Going forward my retirement accounts will no longer provide any dividend income. I may have to wait a while for those accounts to fully mature as BTC gains value but I can wait. I’m in this for the long haul, dividends and BTC alike. The brokerage account stays the same with all the same dividend kings, aristocrats, challengers, etc. we all know and love. Still have my AAPL, MSFT, JNJ, ABT, ABBV, GIS, UL, PFE, SO, MMM, MCD, YUM, ED, TROW, PEP, KO and many more. As I said, I still am into dividend growth investing.
Disclosure: Long all stocks mentioned
Hoping to see more blog from you! Welcome back.
Hi dividend,
Thank you. I will be updating my portfolio and writing about recent stock buys etc.
Congratulations on your crypto gains! It’s always nice to hear that an investment has paid off 🙂
How much did you invest in crypto, excluding capital gains? And have you thought about using your ETH for staking? My crypto allocation is very small, unfortunately too small to take part in staking.
Hi DivRider,
Thank you. It has been many years in the making. Believe me, holding onto any crypto in 2018, 2019 and even 2020 was not fun. In fact, I questioned myself many times after I bought in the summer of 2017 if I did the right thing but the more I learned about bitcoin and what it represents the more I believed in it and simply held and bought more and more. There is a war against savers and general financial responsibility. Dividends help but you have to think outside the system too. With central banks the world over flooding the markets with artificial currency you have to find ways to protect your monetary energy. The work you do results in equal compensation that should maintain value and not lose it. It should also be out of the sphere of influence of any central bank (inflation). I think today you can see Canada as a good example of holding assets outside that of that sphere of influence. I’m for stocks but I also like gold silver and bitcoin. As far as my initial investment in crypto, I invested somewhere in the mid five figures range and while things are down now from all time highs it doesn’t matter to me long term as I know where it is headed. Price is not relevant when talking about bitcoin unless you are looking to trade it short term. Right now, I do not touch my BTC or ETH but I have started stablecoin lending. Specifically, with GUSD earning over 8%. I’ll write a post about that soon.
Great update DivHut. I’m so happy you held onto your coins throughout the crypto winter. I had paper hands and sold late 2017. And didn’t get back in again until 2020, haha. Maybe you can use the earnings from your stablecoin interest to pay for your kid’s future tuition. 🙂 The world will look very different 10 to 20 years from now.
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Hi LI,
No doubt the world will look very different in a decade or two which is why I like my crypto assets. Once I fell down the rabbit hole in 2017 I never looked back. That’s why I held (was not fun at the time) and continued to buy and dollar cost average in to BTC and ETH. The entire fiat system is breaking down. National debts are sky high and can never be repaid. Interest rates will never go up meaningfully as it will crash stock markets and make interest payment too high on our own debt. Printing more money will be the remedy which only will punish savers. I believe in hard assets foremost and semi-hard hard assets to an extent. Real estate, gold, silver, bitcoin, stocks (lesser extent). There is hope but you need assets outside the traditional system too. Just look at Canada.