Taxable Account:
- AHITX --- $271.15 (This is a high yield bond fund that pays monthly.)
- T --- $150.61
- HCP --- $114.45
- KMI --- $82.25
- PG --- $35.40
- CLX --- $9.63
- PAYX --- $7.73
- ARCP --- $3.21
Retirement Account:
- AHITX --- $106.42
- ABNDX --- $69.64
Total passive income received in all accounts is $850.79
Monthly Purchases:
- ESV --- $1350
- VZ --- $1350
- PM --- $1350
- GE --- $1350
- ARCP --- $1050
- RDS-b --- $700
- KO --- $700
- BP --- $700
- KMI --- $650
- CLX --- $650
- PFE --- $650
Wow...looks like you were very active this past month in your purchases! Way to build up that portfolio. Our family also purchased shares in ESV and ARCP this past month. And we have all of the remain ones (except RDS-b) on our watch list. Keep up the great work!
ReplyDeleteBest Wishes! AFFJ
AFFJ,
DeleteI continue to like ESV. As I noted in an earlier post, ARCP is speculative. However, I think the REITs continue to look attractive. Keep up the good purchases yourself!
MDP
Impressive income, and even more impressive is the number of new stocks you have invested in! I am currently looking at ESV myself, the growth and yield compared to its price seems favorable.
ReplyDeleteKeep up the great work!
Best,
DW
D&W,
DeleteThanks for stopping over. I really like ESV and wish I had bought more in the 40's. The yield is nice and I think it still has value in the low 50's.
MDP
Another fantastic month for you, MDP. You are multiplying that income stream fast with all those new investments. You will be achieving FI in no time.
ReplyDeletebest wishes
R2R
R2R,
DeleteThanks for the encouraging words. My goal is to reach FI within three years. Whether I quit my job at that point, who knows. :-)
MDP
Awesome month and I agree with everyone else, that's a lot of new investments in just one month!! :)
ReplyDeleteFI Fighter,
DeleteMy goal is to increase my yearly dividends by $100 a week for the rest of this year. Depending on yield, I need to continue investing between 10k and 12k per month. Luckily I have a lot of peanut butter in the pantry! I don't think my wife will let me go on a Ramen diet, but I may sneak a few packages in the cart next time I go by Walmart. :-)
MDP
MDP,
ReplyDeleteWhat an awesome month there!
Your dividend income was impressive all by itself, but the new investments are out of this world. Great job contributing so much fresh capital and staying consistent. I don't think you'll have any problem reaching FI within three years if you keep investing at this rate! :)
Best wishes.
DM,
DeleteThanks for the kind words. Many of my purchases are the direct result of the research effort you do and publicize each month so thank you.
MDP
I'm completely new to dividend investing ( or much investing at all really) but I'd like to start generating some passive income. Can you recommend some sites/blogs that would help a newbie? You can also email me if you'd like. BTW, we'll be down in Houston for a family BBQ in a few weeks.
ReplyDeleteKen,
DeleteCongrats on starting your dividend journey. Many of the sites on the right side of my home page are focused on dividend investing/early retirement. Also your might check out Seeking Alpha for a variety of investing articles.
Thanks for stopping over.
MDP
Ok. So when someone says passive income, do they basically mean dividends? Or is it any income that doesn't require any work?
DeleteThere are different types of passive income. Royalties, dividends, bank interest, bond interest, companies income, and rental income to name a few. Some require little to no effort and some require varying degrees of work.
DeleteMDP
I'm so excited to see these massive purchase amounts. You're adding income at lightning pace and the portfolio is getting huge! Congrats on a great month of dividend income and I wish you all the best in June!
ReplyDeleteTake care!
Ryan
Ryan,
DeleteThanks for visiting. I have trimmed almost all of my non essential expenses and will try to keep up this investing pace for the rest of this year.
MDP
Good stuff MDP! I like the aggressive additions. Your monthly income is gonna start ballooning in coming months from all this seed planting!
ReplyDeletecheers,
AA
Thanks AA! Buying up here around S&P 2000 scares the crap out of me. A 5 to 10 percent correction would be great! Either way I am going to keep forging ahead with the purchases.
DeleteMDP
Solid month. Over 10k in purchases is incredible. I need to start cutting out some unnecessary expenses myself if I am going to hit my goals. Three years from FI , it will be here before you know it at this pace!
ReplyDeleteThanks AAI! You nailed it about expenses. Lowering expenses is the a big key to accelerating towards FI. Great month yourself!
DeleteMDP