April 2020 Passive Income

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



Taxable Account

• Taxpayer funded stimulus --- $1200.00
• Amegy CD --- $527.72
• MO --- $280.56
• GEO --- $91.20
• PM --- $70.20
• M --- $64.18
• BGS --- $47.50
• BND --- $6.86

Retirement Account

• 65/35 S&P 500/Bonds --- $239.96

Total April 2020 passive income is $2528.18

There are a couple of anomalies to report this month. First I received a government direct deposit as a result of the pandemic. I certainly don't need it and will gladly return it back to some local citizens via various charity donations.

I also received more interest income from Amegy this month because a CD I renewed in December was accruing interest rather than depositing it into my checking account. I finally had this corrected and received several months interest in April. The interest payment should be around $30 a month going forward.

I'm looking forward to the back half of this year as I have put a lot of capital to work recently.

DEFY MEDIOCRITY

April 2020 Net Worth

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

Wow!! April was an outstanding month for my net worth. This may be the largest one month jump ever for me. The market was up 12.7% the largest monthly move in over 30 years and my portfolio responded. My total NW skyrocketed by $43,000. Again a one month gain of $43,000!

I also should note for comparison purposes that since I retired 26 months ago, my net worth has decreased by roughly $26,000. So basically my net falls on average by about $1,000. I'm ok with that because the market is only up a handful of percentage points since I retired. Since the beginning of 2020, the declined in more pronounced. I have lost about $43,000 since the beginning of the year, however I was down close to $150,000 in late March.

If and when the market returns to 8-9% average return, my net worth will stay roughly even. In the mean time, I'll keep adding to positions and building passive income.

Stay well everyone and keep adding fuel to the fire!

Assets

Checking --- $14,565
Savings/Investments --- $446,024
Lending Club --- $81
HSA --- $2,015
IRA --- $10,208
401K --- $395,151
2014 Jeep Wrangler --- $17,200

Liabilities

$1,952

Net Worth

$883,292

YTD Totals

2020

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

Jan 31, 2020 --- $923,180

Feb 29, 2020 --- $887,924

Mar 31, 2020 --- $840,075

Apr 30, 2020 --- $883,292

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

March 2020 Passive Income

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


Taxable Account

• Amegy CD --- $360.97
• ABALX --- $251.26
• XOM --- $227.07
• DOW --- $56.00
• WBA --- $51.24
• IBM --- $48.60
• RDSb --- $39.48
• MMM --- $30.87
• CCL --- $25.00
• JNJ --- $19.00
• KHC --- $16.00
• BND --- $6.22

Retirement Account

• 65/35 S&P 500/Bonds --- $1544.55

Total March 2020 passive income is $2676.26.


Another solid passive income month. I'm still building up the portfolio and working around a volatile market with extreme bargains and traps everywhere. I just noticed BP will continue its dividend, but many others have cut or reduced payouts.

The coming months will be interesting from an investment and human health perspective. Keep fighting everyone and stay safe.

DEFY MEDIOCRITY

Recent Purchase

Today I added to my BP position.

• BP:  50 shares @ $22.18 --- Yield  11.27%

Total capital invested is $1,109 and will increase my yearly dividends by $125.00.

It's hard to ignore the majors right now. After a huge move up during the last few weeks, the prices of XOM, BP, and Shell are becoming attractive again. I'm looking forward to hearing about earnings and guidance at month end.

March 2020 Net Worth

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

The first quarter of 2020 will go down in the record books for sure. The S&P 500 fell hard and finished down again for March. The market lost 20% during the first quarter of 2020 which was devastating not only to stockholders, but the entire world as the entire economy has been halted. The Dow actually recorded its worst quarterly performance in history falling 23%.

More alarming is the spread of the Coronavirus which is killing tens of thousands so far and likely hundreds of thousands in the months to come. Hopefully the death toll doesn't reach the millions.

On the net worth front, mine took another hit falling $28,000 for the month of March and now is down almost $87,000 for the year. Buying heavy into beaten down stocks actually mitigated some of the damage done by the markets. At one point the markets were down close to 40% before rebounding during the last week.

My cash position is now down to around 60%. While I plan to keep buying undervalued companies, I'll be limited as I don't have any CDs up for renewal until year end and then again next July.

This may be to my advantage as it could prevent me from going to strong into a depression type stock market crash in the coming months. Who knows? The markets currently are down around 30% from the February highs. The 1930s stock market fell 89%

Be safe out there everyone!

Assets

Checking --- $20,148
Savings/Investments --- $426,169
Lending Club --- $176
HSA --- $2,015
IRA --- $9553
401K --- $366,089
2014 Jeep Wrangler --- $17,500

Liabilities

$1575

Net Worth

$840,075

YTD Totals

2020

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

Jan 31, 2020 --- $923,180

Feb 29, 2020 --- $887,924

Mar 31, 2020 --- $840,075

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

Recent Purchase

Today I initiated a position in SPG.

• SPG:  20 shares @ $46.71 --- Yield 17.98%

Total capital invested is $934.25 and will increase my dividends by $168.00 

Obviously there is a lot of uncertainty in the markets right now and REITs of all kinds have been left for dead. This dividend is likely to be cut by 70-100% if we the plague continues to shut US business down. If things get back to normal soon, SPG along with all equities will bounce back quickly. 

SPG was trading around $150 a few months back and close to $200 during the past year. This is a spec play and I don't plan to add more shares.

I also had a limit order put in for T at $27.00, but it stayed just above that level. 

Recent Purchases

Today I added to my MO and WBA positions

• MO:  20 shares @ $35.95 --- Yield  9.35%
• WBA:  15 shares @ $39.68 --- Yield  4.61%

Total capital invested is $1,314.14 and the combined yield is 7.20%. These purchases will add $94.65 to my yearly income (assuming there are no cuts).

I really wanted to continue adding to energy companies, but they have been rallying hard off the lows from a couple of week ago. No worries though as there are bargains in every sector currently.  MO and WBA look pretty solid under $40. Hell they may end up under $30. There is no way to predict things right now.