Well - not quite living up to expectations to be honest. Have not sold any - in fact, have added on to a few of them (TEX, FVT and Mara, now called GRIT). No capital growth - in fact fallen a bit further, to R81K. On the dividend growth - not great there ether. Going to this of the top of my head - but it will be in the ball park.
Received around R8473 in divi's - most did not grow this year, just FVT to be honest.
So after two years I would be in the black with two years of dividends collected and R8473 on my original R92K for the year is not bad- that's the glass half full....
But failing badly on 8% + 8% capital growth!
Thumbsucking, but probably have had 8% (not 16%) dividend growth. So failing,but considering the economy ok with that.
But happy to wait - and collect my dividends. I really do concentrate on what the dividends are (and growth or lack of) - for me, a lower price is just a better a yield (hopefully). I treat them as if I had bought a physical property - not to be sold.
BTW, thinking about it - in another way, it has been a resounding success. In the two year since I sold that bakkie I remember using my bike on one occasion - where i needed the car as well as my wife needing the car. And it would have been a 5 minute walk! In the last two years I would have had to service the car once (even if the millage did not require it) say R1500 plus insurance (24 x R300) - R7200 - so R8700. Instead, have been splitting insurance and services with my wife. And of course, after two years, there would have been more capital depreciation on the bakkie - more so, anyway, that has happened on the shares
