Recent Buy --- T

 

Today I added to my T position.

• T:  13 shares @ $26.97 --- Yield  7.71%

Total capital invested is $350.57 and will add $27.04 to my yearly dividends.

T continues to underperform the broader market for the year, well decade really. We are approaching the March pandemic lows which means the yield is very appealing.

I have $250,000 in CDs that are up for renewal during the next 8 months so I continue to looks for replacement income and T is a good solution for sure. Replacing 1.5%-2.5% CDs with 7.75% with future capital appreciation (hopefully) works for me. My intention is to replace the first $100,000 CD @ 1.4% with $10,000 of T which replaces half of the lost income. I'll replace the rest of the lost income with other stocks.

Recent Buy --- BP

Today I added a few shares to my BP position.

• BP:  25 shares @ $16.64 --- Yield  7.57%

Total capital invested is $415.95 and will add $31.50 to my yearly dividends.

BP has already halved its dividend this year so it should be good going forward. I bought most of my shares during the March lows and we are approaching those levels again so hopefully this will prove to be a good buying point.

September 2020 Net Worth

 

All figures except my Jeep value are calculated using Mint.com.

Well the record net worth was short lived. Record high net worths seem to be met with immediate pullbacks this year.

As difficult as it seems this year, my net worth is only down a little over $3000 despite spending close to $30,000. Interest income, dividends and 401k index investing have been the saviors.

It's been an index investors market the last couple of years. Hopefully value will start playing catch up. Anyway I think once the election is over we should rally into the end of the year.

Assets

Checking --- $6,617
Savings/Investments --- $447,725
Lending Club --- $31
HSA --- $1,858
IRA --- $11,432

401K --- $438,983
2014 Jeep Wrangler --- $16,300

Liabilities

$1,716

Net Worth

$922,946

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 --- $897,577

June 30, 2020 --- $898,663

July 31, 2020 --- $923,038

Aug 31, 2020 --- $944,156

Sep 30, 2020 --- $922,946

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

August 2020 Passive Income

 

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


Taxable Account

• Amegy CD --- $421.27
• OHI --- $174.20
• T --- $169.00
• GIS --- $49.00
• CL --- $36.52
• BND --- $5.71

Retirement Account

• 65/35 S&P 500/Bonds --- $196.36

Total August 2020 passive income is $1052.06

Income from August was virtually identical to May which means I didn't add to these positions and fortunately none cut their dividends.

I have started to notice the bond component in my retirement accounts has fallen a bit this year. Again not unexpected as interests rates have been lowered and remain close to zero.

All in all it was a solid uneventful month so I'll take it.

Recent Buys --- XOM & T

 

Today I added a few more shares to my XOM & T positions.

• XOM:  7 shares @ $34.55 --- Yield  9.96%
• T:  9 shares @ $27.99 --- Yield  7.43%

Total capital invested is $493.77. The combined yield of these purchases is 8.67% and will add $42.08 to my yearly dividends.

I'll keep nibbling at T here. If the yield on T reaches 10% I'll likely add a few hundred more shares. XOM probably won't maintain the current dividend. I expect at least a 50% cut in the coming months. We'll see.

Recent Purchases --- MO & AFL

 

Today I added some shares to both my MO and AFL positions.

• MO:  7 shares @ $38.66 --- Yield  8.90%
• AFL:  7 shares @ $36.05 --- Yield  3.11%

Total capital invested is $522.92. These purchases have a combined yield of 6.10% and will add $31.92 to my yearly dividends.

MO, by current value, is my largest holding and AFL is one of my smallest. Both look good at these levels.

Recent Buy --- CSCO

 

Today I added some more CSCO shares.

• CSCO:  7 shares @ $39.77 --- Yield 3.62%

Total capital invested is $278.37 and will add $10.08 to my yearly dividends.  Love the yield here. Above 3.5 with hopefully a 6-8 growth rate going forward.