Saturday Savers Club Progress week 42 - buying some more DRIP

Its week 42 (21/10/23) of my savings focus for 2023 with the Saturday Savers Club which I think is a great Hive community initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account.

My focus for the rest of the year is:

• My annual HP target of 10K HP,
• Growing my holding of investment tokens,
• Delegating HP to a number of good community curation accounts.

This weeks pic - We are up in Oban on the West Coast of Scotland this weekend. Storm Babet has been raging in Scotland and battering the east coast, but Oban on the West Coast wasnt even touched, and it was actually dry and fairly calm, which was a bit of a surprise.

Weekly Stats

Weekly commentary

• I gained +226 HP this week, which was mostly down to a couple of nice post payouts. Its well above the weekly figure that I need to hit to reach my year end goal, so I'm very happy with that !,
• My HP total is now 9250 HP. This time last year I had 2057, so have gained 7193 HP over the last year,
• One effect of this higher HP level that I've noticed over recent weeks is the impact of HP APR. HP APR sits at ~3.05%, which sounds low. But at 10k HP, that equates to 305 HP a year which is nice, or 5.86 HP per week, whether you have delegated out your HP or not. So for example, if you had delegated out all of your HP, you'd then see that weekly increase on your delegated balances. Up to now I'd never really noticed the impact of that APR much, but I can now see it weekly in my delegated HP values, which is nice - another income stream improves via passive income !,
• I need a further 750 HP to hit my year end 10K HP target, which at 10 weeks to go requires 74 HP per week (down 13 per week). 74 HP a week is still a lot, so I will have to keep focused to manage that - but I'm feeling fairly confident about it now,
• I delegated another +15 HP to @curie as part of my community curation delegation project which brings that total to 48 now,
• I gained +1.91 EDS, mostly via my 2008 HP delegation to @eds-vote vote which brought in +1.55 EDS last week alone. I wont hit my year end target of 100, but I'll get close,
• I gained +1.6 DAB this week brining my total to 26. I really do love this project, noting that they are currently going for around 4 HIVE each on Hive-engine,
• I gained +2 DBOND taking my total to 700. I'm happy with how this is simply growing passively via its synergy with my staked DAB,
• I gained +5 DRIP this week. I really like this project from @hivedrip and the APR is quite high at the moment, so I bought a few more, and will continue to do so over the coming months,
• I also gained a further +9.651 PWR tokens from my HP delegation to @empo.voter, and what I have in the PWR:swap.hive pool. My PWR total continues to build nicely, and I'm really looking forward to seeing how this project develops over time.

Plan for the coming week

• To continue to make sure I post daily/regularly to ensure daily HBD and HIVE author rewards,
• To be active in HIVE Blog curation to help with HIVE curation rewards,
• To continue to increase undelegated HIVE in order to improve HIVE curation rewards,
• This weeks delegation of 20% of my weekly HP income (45 HP) will be going to @curie , as part of my project to support community curation accounts via HP delegation,
• I'm keen to increase my stack of DRIP, and will continue to buy more over the coming weeks in small amounts here and there.
  I havent set a target yet, as I've not yet figured out how much I'd like to get to, but we'll see how it develops over the weeks,
• I've started saving 1-2 HBD a week as the next offering coming from the DAB/DBOND project is the DAB Club Token which will cost around 30 HBD. I really like this project from @dailydab , so I will be getting one. So I have started putting some HBD away weekly towards that - although a release date hasnt been given yet,
• I'll continue to do some token trading in HIVE-Engine when the opportunities present themselves. This is not a big earner, but it helps,
• I will be selling HBD payouts from posts for HIVE in order to power up more towards my annual HP target, especially while the price of HIVE is so low - its making quite a difference to that target at the moment.

In summary, its been a great week. I was very happy with my HP income and my year end target of 10K HP is now very much within reach. I was also happy to buy some more DRIP, which came out of sweating some other assets (ie, selling of the weeks passive income from some other tokens and games). I like the fact that I now have enough momentum in some of my other passive income streams that I can sweat them to build up another, its a nice position to be in.

And as a reminder:

• This weeks #saturdaysavers #topauthors announcement post and poll went live on friday - so get voting !. We are looking for inciteful content that shows how you are saving, growing and investing - the winner each week gets 60% of the announcement post payout - so its worth it ! There are also HSBI rewards for all other contenders - everyone is a winner !

Interested in the Saturday Savers Club ? Check out their latest posts here. e