Sunday, March 29, 2020

February 2020 Passive Income




Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • Amegy CD --- $385.88
  • OHI --- $64.99
  • T --- $52.00
  • GIS --- $49.00
  • CL --- $29.24
  • BND --- $6.22

Retirement Account

  • 65/35 S&P 500/Bonds --- $214.60

Total February 2020 passive income is $797.90

Another month in the books. Not the most impressive income report, but this reflects the lower interest payments on my CDs as well as last year's portfolio sell off as I closed all positions in my E-trade account.

The good news is I have been replacing the sold stocks by investing in my JPM account and I feel as though the income streams should be back to normal in the next couple of months.

My goal is to still have the same passive income this year (maybe more) as last year even though interest income my fall by $2,000 or so this year. 

DEFY MEDIOCRITY

Monday, March 23, 2020

Recent Purchases





Today I added to IBM and initiated three new positions


  • IBM:  3 shares @ $94.49 --- Yield  6.86%
  • EMR:  6 shares @ $37.93 --- Yield  5.27%
  • KO:  7 shares @ $36.88 --- Yield  4.44%
  • VFC:  6 shares @ $46.30 --- Yield  4.15% 

Total capital invested is $1047.02 and the combined yield is 5.20% and will add $54.44 to my yearly dividends.

Hopefully these four are capable of at least maintaining their dividends during this pandemic. EMR, KO, and VFC have impressive businesses with stellar dividend growth. 

Also I will not include photos of my proof of purchases from here on out. Too much hassle :)

Friday, March 20, 2020

Recent Purchases --- MO & T




Today I added to a couple of existing positions.


  • MO:  30 shares @ $35.14 --- Yield  9.56%
  • T:   35 shares @ $28.65 --- Yield  7.26%

Total capital invested is $2057.05 and the combined yield is 8.44%. These purchases will add $173.60 to my yearly dividends.

I almost added KO to the portfolio. It's trading in the $38 range. I'll probably add some shares next week but would like to see $35.

Have a great weekend everyone!

Thursday, March 19, 2020

Recent Purchase --- T




Today I added to my T position.

  • T:  30 shares @ $30.70 --- Yield  6.78%

Total capital invested is $921.00 and will increase my yearly dividends by $62.40.

Markets continue to be volatile with the Dow down 13% so far this week. It's very difficult to keep buying with energy companies yielding 15%, REITs yielding 20-30% and the hospitality/travel industries down 70,80, and 90% in some cases.

Remember when you think the market is too high and want a pullback, this is what it looks like when you get buying opportunities. Embrace the suck and keep buying.

DEFY MEDIOCRITY

Wednesday, March 18, 2020

New Position --- BP




Today I decided to initiate a position in BP.

  • BP:  200 shares @ $15.75 --- Yield 16.00% (Realistically 4% if reduced by 75%)

Total capital invested invested is $3150 and will increase my yearly dividend by $504.00.

I've owned shares of BP in past and am glad to re-enter the position at a fairly reasonable price. These are treacherous times in the energy sector and I realize this dividend is beyond fragile.

I'll be watching the REITs closely as they have all been left for dead. I probably won't add any more OHI, but O, SPG, and WFC are certainly worth looking at closer. It is not uncommon to see 20-30% yields across the REIT sector.

I wouldn't mind building up my BP position to 500 shares and will likely add more at these price levels. I do feel better knowing that virtually every sector has bargains so I’m not limited to beat down oil and banks.

Be safe everyone.


Monday, March 16, 2020

February 2020 Net Worth




All figures except my Jeep value are generated from Mint.com.

Well February was a crazy month with the S&P 500 dropping by 12% Unless you are 100% cash and/or shorting the market you felt the effects in your portfolio.

My net worth fortunately dropped by only 4.2% which is pretty much as expected. I have been keeping my net worth at a .3 - .4 beta since I retired two years ago. I continue to feel fortunate that I have a huge CD position and a 65/35 stock bond 401k which rebalances quarterly.

I have been stepping in a bit more aggressively as of late and have taken a pretty good beating especially on my energy positions.

As I write this update, the DJIA is trading around 20k, down roughly 30% from last months all time high. If the market continues to break through the circuit breakers and hits a 40% bear market, I may be reporting a networth with a 7-handle in a few weeks.

I'll keep adding, but am being somewhat cautious. Seeing LYB at 37, IBM at 95, OHI at 21, and BP at 18 is crazy.

Be safe out there everyone and keeping feeding the fire!



Assets

Checking --- $53,784
Savings/Investments --- $411,796
Lending Club --- $165
HSA --- $2,015
IRA --- $10,470
401K --- $394,181
2014 Jeep Wrangler --- $17,800


Liabilities

$2287

Net Worth

$887,924


YTD Totals

2020

***Jan 1, 2020 --- $926,699***

Jan 31, 2020 --- $923,180
Feb 29, 2020 --- $887,924

Mar 31, 2020 ---
Apr 30, 2020 ---

May 31, 2020 ---
June 30, 2020 ---

July 31, 2020 ---
Aug 31, 2020 ---

Sep 30, 2020 ---
Oct 31, 2020 ---

Nov 30, 2020 ---
Dec 31, 2020 ---

2019      

 ***Jan 1,2019 --- $864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902
Apr 30, 2019 --- $904,190

May 31, 2019 --- $880,455
June 30, 2019 --- $894,816

July 31, 2019 --- 898,515
Aug 31, 2019 --- $894,960

Sept 30, 2019 --- $900,639
Oct 31, 2019 --- $904,935

Nov 30 2019 --- $915,534
Dec 31, 2019 --- $926,699


2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 

Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO

Thursday, March 12, 2020

Recent Buys --- OHI & XOM




I added a few shares to some existing positions today.

  • OHI:  100 shares @ $23.83 --- Yield  11.25%
  • XOM:  30 shares @ $37.03 --- Yield  9.40%

Total capital invested is $3493.99 and the combined yield is 10.66%. These purchases will add $372.40 to my yearly dividends.

The market pullback is so quick and extreme that it's difficult to decide what to pull the trigger on. When I saw OHI down 25% after the market circuit breaker this morning I decided to swoop in. XOM is at ridiculous levels and may get more ridiculous.

IBM got close to $100 and I almost added shares at 6.5% yield. Also MO is within inches of a 10% yield. Airlines, banks, hotels, and cruise lines are being left for dead. I think BA is down $300 a share from its all time high!! That's crazy! 

Wells, JPM, GS, etc are very tempting, but I actually may pick up TD or BNS as they will be yielding in the 8% range very soon.

Great time to get off the sidelines and get back into the game. I've been out for too long :)

DEFY MEDIOCRITY

Tuesday, March 10, 2020

Recent Buy --- Shell




Yesterday I added to my Shell position.

  • RDS-b:  120 shares @ $36.52 --- Yield  10.30%

Total capital invested is $4382.30 and will increase my yearly dividends by $451.20.

It looks like there will be a snap back in the markets today, but there are tons of depressed stocks still available. 

I'm closely watching MET, PRU, DOW, XOM, PFE, and MO at the moment. Airlines, cruise lines, hotels are also interesting, but dangerous.  I will continue adding to energy positions especially Shell over 10% and XOM over 8%.

DEFY MEDIOCRITY

Thursday, February 27, 2020

Recent Buys --- XOM, UPS, WBA, & DOW




Today I added some to positions.


  • DOW:  25 shares @ $39.98 --- Yield  7.00%
  • XOM:  20 shares @ $51.36 --- Yield  6.78%
  • UPS:  11 shares @ $90.47 --- Yield  4.47%
  • WBA:  22 shares @ $45.89 --- Yield  3.99%

Total capital invested is $4,031.30 and the combined yield is 5.56%.  These purchases will add $224.30 to my yearly dividends.

I may be jumping in a bit early, but I need to replace the lost income from selling all the stocks in my old E-trade account. Today was a good day to buy as the S&P 500 is down 10% in the past week.

I almost pulled the trigger on MO and Shell, but still believe the yields will reach 10% soon. I also refrained from buying CCL and WFC as they look like traps to me right now. I will be watching them closely along with the above four companies. Other stocks that look appealing and dangerous are OXY, LYB, and BBL.

Hopefully JNJ and PEP will drop 25% in the coming weeks so I can buy them instead :)




Saturday, February 22, 2020

January 2020 Passive Income




Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • Amegy CD --- $386.68
  • MO --- $88.20
  • PM --- $70.20
  • M --- $37.75
  • CL --- $29.24
  • BND --- $2.19

Retirement Account

  • 65/35 S&P 500/Bonds --- $221.23

Total January 2020 passive income is $804.06

CD income continues to drop as interest rates have fallen in the past year as well as reducing my CD portfolio by $50k. My dividend income also was a bit lower as I haven't completely reinvested all of the proceeds of my CD money.

I still plan on at the very least maintaining the same passive income level this year as I had last year. I may increase it a tad, but it would not be too big of an increase.

Steady as she goes...

DEFY MEDIOCRITY

Monday, February 3, 2020

January 2020 Net Worth


All figures except my Jeep value are generated from Mint.com.

Well damn...The month of January was rocking along with the markets hitting new highs and then BAM!!! The last day of the month saw a 600 point drop in the DJIA and all of a sudden the market was flat for the month. I was really hoping to hit another new record high in my net worth.

Oh well, there is always next month.

My portfolio basically was flat with a small 3k decline due to writing down my Jeep and accounting for regular living expenses.

Oddly my 401k balance was actually 2k. Maybe the S&P registered a slight gain along with a gain in my bond component (65/35 S&P/bonds). 

I'm closing in my 2 Year FIRE Anniversary and it feels good seeing a gain in net worth. It shouldn't be surprising, but short term volatility can bounce things around for sure.

It's pretty wildly known that the markets typically gain 9%/year and that's what I'm counting on to maintain a slow growing net worth. However my first two years were -7% and +31%. It all works out over time, but it does get rocky sometimes. I'm sure the election year will be calm 😁

I hope everyone else had a great January!!

Here is my net worth summary from December/2019 ending totals.

Assets

Checking --- $93,660
Savings/Investments --- $387,516
Lending Club --- $263
HSA --- $2,015
IRA --- $10,963
401K --- $413,815
2014 Jeep Wrangler --- $18,100


Liabilities

$3152

Net Worth

$923,180


YTD Totals

2020

***Jan 1, 2020 --- $926,699***

Jan 31, 2020 --- $923,180
Feb 29, 2020 ---

Mar 31, 2020 ---
Apr 30, 2020 ---

May 31, 2020 ---
June 30, 2020 ---

July 31, 2020 ---
Aug 31, 2020 ---

Sep 30, 2020 ---
Oct 31, 2020 ---

Nov 30, 2020 ---
Dec 31, 2020 ---

2019      

 ***Jan 1,2019 --- $864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902
Apr 30, 2019 --- $904,190

May 31, 2019 --- $880,455
June 30, 2019 --- $894,816

July 31, 2019 --- 898,515
Aug 31, 2019 --- $894,960

Sept 30, 2019 --- $900,639
Oct 31, 2019 --- $904,935

Nov 30 2019 --- $915,534
Dec 31, 2019 --- $926,699


2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 

Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO

Friday, January 31, 2020

Recent Buy --- XOM




Today I added to my XOM position.


  • XOM:  5 shares @ $61.88 --- Yield  5.62%

Total capital invested is $309.40 and will add $17.40 to my yearly dividends.

XOM has literally gone from the best of the majors to sucking hind tit and very well may out yield them all soon. While it is difficult to keep adding to a sizable position I will continue. XOM is closing in on a 6% yield along with an upcoming dividend raise (38 straight years I believe).

I am closely watching MMM and WBA. I really need to continue building those positions. I also noticed UPS is almost below $100 which is quite a drop. I hope to add to these next week.

DEFY MEDIOCRITY



Thursday, January 30, 2020

Recent Stock Purchases




Today I add to my MO and Shell positions.

  • MO:  6 shares @ $47.25 --- Yield  7.11%
  • RDS-b:  7 shares @ $54.23 --- Yield  6.93%

Total capital invested is $663.11 and the combined yield is 7.01%.  These purchases will add $46.48 to my yearly dividends. MO continues to be damaged by JUUL and Shell is finally close to 7% which is a great yield for this company.


DEFY MEDIOCRITY




Monday, January 27, 2020

Recent Stock Purchases




Today I added to my DOW and XOM positions.


  • DOW:  6 shares @ $46.74 --- Yield  5.99%
  • XOM:  5 shares @ $64.97 --- Yield  5.36%

Total capital invested is $605.29 with a combined yield of 5.65%. These purchases will increase my yearly dividend income by $34.20.

I will continue to nibble at both of these companies at depressed levels. I am also watching Shell and BBL closely. BBL is currently yielding 7% and looks attractive right now.

DEFY MEDIOCRITY

Saturday, January 25, 2020

December 2019 Passive Income




Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • ABALX --- $869.21
  • Amegy CD --- $509.11
  • XOM --- 40.02
  • KHC --- $16.00

Retirement Account

  • 65/35 S&P 500/Bonds --- $1645.05

Total November 2019 passive income is $3079.39

Well that's a wrap for 2019. Exceptional year on all fronts and I am more than pleased with my monthly passive income for December as well as the year.

December was a big month for my mutual fund ABALX and the $869.21 does NOT include the end of year capital gain distribution. It is strictly the income amount. My CD income dropped and will continue to drop again this month as I have reduced the balances and the rates have reset lower.

Considering I only received $56 from individual stocks I feel good about clearing $3,000 across all accounts.

I have been added shares back and consolidating to my JPM account and hope to create the same yearly income for 2020 as I did in 2019. I have work to do.


DEFY MEDIOCRITY

Thursday, January 9, 2020

Weekly Stock/Bond Purchases




Today I added to some existing positions and opened a new position in BND.


  • BND: 12 shares @ $84.04 --- Yield 2.70%
  • DOW  5 shares @ $52.26 --- Yield  5.36%
  • T:  6 shares @ $38.87 --- Yield  5.35%
  • WBA:  5 shares @ $54.76 --- Yield 3.34%

Total capital invested is $1776.69 and the combined yield is 3.55%. These purchases will increase my yearly dividends by $63.15.

WBA has been under pressure the last couple of days and I will continue to nibble on it. I would also like to add more BND as a replacement for some lost CD income due to falling interest rates.

DEFY MEDIOCRITY

Sunday, January 5, 2020

2019 Year End Net Worth --- New Record





All figures except my Jeep value are generated from Mint.com.

Wow what a strong finish to an absolutely spectacular year!

The S&P finished 2019 with a 28% gain for the year and my portfolio was certainly impacted to the positive. Despite spending $36,000 throughout the year to cover my living expenses, my net worth still managed to power forward and pick up $62,000. This means that my investments throughout the year actually gained close to $100,000 ($98,000 actually, but close enough).

To say I am pleased with the results would be definitely be an understatement.

My portfolio throughout the year continued to move with a .3-.35 beta which is by design. I have a chunk of cash in CDs earning around 2% and also stocks. My 401k did most of the work and actually is closer to a .7 beta since the investments are 65/35 S&P/Vanguard bonds.

Bonds had a great year as well. In fact it's hard to find a negative other than my Wrangler lost some value as most cars do from year to year. I would hardly call it an asset, but it doesn't provide fun/entertaining transportation!

I can't wait to see what 2020 has in store and I hope everyone else out there had a killer 2019 and got a bit closer to your retirement goals. DEFY MEDIOCRITY

Here is my net worth summary from December/2019 ending totals.

Assets

Checking --- $81,988
Savings/Investments --- $404,882
Lending Club --- $264
HSA --- $2,015
IRA --- $11,016
401K --- $411,304
2014 Jeep Wrangler --- $18,400


Liabilities

$3170

Net Worth

$926,699


YTD Totals

2020

***Jan 1, 2020 --- $926,699***

Jan 31, 2020 ---
Feb 29, 2020 ---

Mar 31, 2020 ---
Apr 30, 2020 ---

May 31, 2020 ---
June 30, 2020 ---

July 31, 2020 ---
Aug 31, 2020 ---

Sep 30, 2020 ---
Oct 31, 2020 ---

Nov 30, 2020 ---
Dec 31, 2020 ---

2019      

 ***Jan 1,2019 --- $864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902
Apr 30, 2019 --- $904,190

May 31, 2019 --- $880,455
June 30, 2019 --- $894,816

July 31, 2019 --- 898,515
Aug 31, 2019 --- $894,960

Sept 30, 2019 --- $900,639
Oct 31, 2019 --- $904,935

Nov 30 2019 --- $915,534
Dec 31, 2019 --- $926,699


2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 

Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO

Thursday, January 2, 2020

Weekly Stock Purchases

Here are my weekly JPM purchases



  • MO:  5 shares @ $49.36 --- Yield  6.81%
  • OHI:  6 shares @ $41.26 --- Yield  6.50%
  • DOW:  5 shares @ $53.92 --- Yield  5.19%

Total capital invested is $763.96 and the combined yield is 6.14%. These purchases will increase my yearly dividends by $46.88.

MO and OHI are existing positions and DOW is a new position for me.

DEFY MEDIOCRITY