One Year Blogiversary – Growth
Last week, I announced my one year blogaversary, or my one year of starting Dividend Daze. Since this is such a tremendous milestone for any blogger, I decided to expand the celebration to more than one day and more than one post. This will be my first of two posts to dive deeper into the events of this past year of blogging.
As stated in last week’s post, one of the main areas of blogging is growth. Growth and tracking are the main ways you can see if you are going in the right direction. If what you’re doing is working or your strategies have any merit. Growth can be broken down in many ways.
My favorite area of growth is financial growth. If you follow this site, you know I am a dividend investor. I love seeing those dividend numbers and growth rates go up each month. With each new buy, my forward dividend total rises and I get closer to financial freedom! Below are links to my very first dividend update. Since November 2017 has not been completed yet and I am still collecting dividends, I will update the post accordingly later. But for you lucky few reading now, you will get a little sneak peek at my potential November dividends!
November 2016 – I collected $55.03 in dividends from 4 companies.
November 2017 – I am on pace to collect about $80 in dividends from 7 companies.
That is roughly 40% increase year over year! Even though portfolio value gives you a slight indication on how your investments are doing, I really don’t ever pay much attention to it. Portfolio value is subjective based on market conditions. Tomorrow, the market could drop 20%. I would still have the exact same shares of stock, and they would pay me the same amount of dividends. So, using portfolio value as a growth metric seems irrelevant to me. However, for the most part, forward dividends remain the same or always grow granted you choose quality companies for the long term that keep growing their dividends and do not cut or eliminate them. I wish I had the metric for this point in time when I started, but I can tell you my forward dividends today are close to the 1k mark for the first time ever! So next year will be the big push to collect the four digit mark in dividends per year. That is proof of portfolio growth if have ever seen it.
The second area of growth is the site itself. It’s funny going back and reading old posts. My first dividend update was only about 150 words haha. Although I understand there was nothing to compare it to so there was really no analytics to be shared. I like to think my posts have gotten more in-depth and way more well written since then. The blog also recently got a brand new look which I am digging!
A lot of bloggers like to track their traffic. It is one of the indicators that show blog growth. I have never really looked too deep into it, but maybe I should in the coming year. Looking at the few metrics I have on blog traffic, my first month of blogging I had a total of 93 views. Could not even break the 100 mark and I guarantee half of those views were my own haha. I know the site isn’t huge on traffic by any means, but it has gone up substantially since then. Earlier this month, I posted my most recent buy of T. The first day that post went live, it generated an impressive 206 views by itself. That more than doubles my whole entire first month of blogging!
One of the main reasons for blog growth is its social media channels. When I started the blog, they were obviously at zero with no followers. All I had was a simple Facebook account. Since then I have created a Twitter and Pinterest page. I love that my new blog theme tracks social media numbers for me in the side bar! So now I have it all in one place and don’t have to keep logging into my accounts and searching for it. Social media numbers as of today are as follows:
Facebook – 55
Twitter – 1254
Pinterest – 13
Obviously, you can see where I spend my time lol. Never thought I would have or like being in Twitter. But it has grown on me. I think for blogging, it is huge for networking and interacting with peers. Pinterest is fairly new from within the past few months so I am not worried about seeing such a low number. If you haven’t already done so, feel free to add me on all social media platforms and share my posts. In the meanwhile, I will just keep trying to provide more value to all readers.
Ideally, I would love to grow my social media accounts a lot more. Guess we will wait and see what happens. Now at least I have a post to look back on in a year from now that I can use for comparison. I am a big chart/graph and analytics/ visualization nerd so hope to come up with some cool stuff by then to display the data for you guys.
Looks like all the numbers are up! Traffic, social media followers, positions in my portfolio, and most importantly, forward dividends and dividends collected! Not seeing too many negatives or downsides. Well… besides the amount of free time I have left haha. But that is a post for another time. Thanks again for reading and following along. You all play a huge part in the growth of Dividend Daze and I appreciate it!