Saturday, February 4, 2017

January 2017 Recap





Here are the dividends I received during January.

  • PM --- $52.00
  • M --- $38.13
  • CSCO --- $29.90
  • DIS --- $27.30
  • MDT --- $25.80
  • MO --- $21.35
  • TUP --- $20.61
  • KMB --- $18.40
  • VIAB --- $16.08


Total dividends received in my taxable account are $249.57.

New capital invested last month was $17772.93 and this increased my yearly dividends by $725.

While this isn't life changing money, I know from experience that monthly seed planting will produce fruit over time. Plant, cultivate, and harvest is the name of the game.

Having seen some pretty massive cost restructuring at my company this month provides the motivation to continue hustling hard to build my passive income pipeline. Cost cutting can be unexpected, swift, and merciless. As a business owner (via stocks)  I welcome these types of moves as it provides longevity for the company as well as protecting future dividend payments.

On a day to day level personal level I see the devastation that results from people who have their hours cut or positions eliminated. At the end of the day business have alway been and will always be Darwinian in nature.

Anyway I'm looking forward to a great February and will continue grinding towards $10,000 in forward dividends.

23 comments:

  1. Looks good to me MDP! That is a huge amount of cash you put to work as well which is going to pay off big time in future months.

    ReplyDelete
    Replies
    1. Captain,

      Thanks for the encouragement. Plant, plant, plant, cultivate, more planting, and eventually comes the harvest.

      MDP

      Delete
  2. Good Planting for future,will work out nice.

    ReplyDelete
  3. Almost 250.00 wow that is awesome and the invested amount is awesome which will definatly grow over time. Good Job

    ReplyDelete
  4. Average of $27.73 per stock is a nice number. Congrats on January and looking forward to a great 2017!

    ReplyDelete
    Replies
    1. Double D,

      Every time I look at your leaderboard I get pissed! I am climbing over some bodies to make my way up to the top!! :-)

      MDP

      Delete
  5. You should transfer account to either Robinhood or IB to lower trading costs.

    ReplyDelete
    Replies
    1. sinclap,

      I'm good with CapOne. Familiar and the fees are inconsequential over time.

      MDP

      Delete
  6. Congrats on receiving dividend income. I hear you on the cost cutting at work. The company I worked for did the following:

    Round 1 Layoffs Jan 2015
    Round 2 Layoffs
    Round 3 reduced 5 days to 3 days a week, with some 4 days a week
    Round 4 Layoffs
    Round 5 All remaining staff on 3 days a week
    Round 5 Layoffs (This was me Mar 2016)
    Round 6 3 temporary layoffs which became permanent
    Round 7 Layoffs
    Round 8 Remaining staff layoffs and close the company doors. Nov 2016

    ReplyDelete
    Replies
    1. IP,

      Ouch! That is a difficult couple of years for sure! Keep your head up and don't stop fighting!

      MDP

      Delete
  7. Hey Div Pipeline, looks like a good month for you. I agree, plant those seeds to make the fruit and make the fruit work for you! Such a great analogy. Well done.

    ReplyDelete
    Replies
    1. BHL,

      Thank you! I am going to continue planting the seeds and create my own future that includes passive income from many different companies and interest income sources. Being tied to a day job and the uncertainty that entails is becoming tiring!

      MDP

      Delete
  8. MDP -

    Massive moves here, $250 in January and just coming back into it, is awesome. $10K isn't too far off, just a few more months. Definitely hard in the cost cutting world, but just keep being smart with what you do with your capital and.. well... YOU. Keep at it MDP, talk soon.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Thanks for the endless encouragement. We're going to hit those numbers together this year, brother! No excuses!!

      MDP

      Delete
  9. Great update. Awesome that you added so much new capital to your portfolio. Nice work.

    ReplyDelete
    Replies
    1. IH,

      You kicked some serious ass as well this past month! Love it!!

      MDP

      Delete
  10. That's a great month and a ton of money invested last month to work for you. It does seem like a lot to me!

    ReplyDelete
    Replies
    1. timb,

      You are correct about the income and investment totals, but I still have a long way to go and a short time to get there...:-)

      MDP

      Delete
  11. Incredible amount of new capital invested. Keep it up!!

    ReplyDelete
    Replies
    1. Scott,

      Thanks! I certainly plan to. I don't want to jump in all at once and miss that ever elusive pullback! You're doing great as well.

      MDP

      Delete
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    ReplyDelete