Recent Buy --- OHI

Today I added to my OHI position.

• OHI:  50 shares @ $31.53 --- Yield  7.99%

Total capital invested is $1583.43 and will add $126.00 to my yearly dividends. The yield is pretty high right now and hopefully dividend will be safe. I don't want to get too heavy into REITs, but the bargains are scarce right now. If oil prices drop back down again I'll pick up a few shares of BP and Shell. 

Forward dividends are $9600.00.

DEFY MEDIOCRITY

Recent Buy --- GWW

Today I initiated a position in GWW.

• GWW:  10 shares @ $174.96 --- Yield  2.92%

Total capital invested is $1756.50 and will add $51.50 to my yearly dividends.

GWW has taken a beaten in recent months falling almost $100 a share. Like M, KSS, TGT, and many other retailers, Amazon has been looking over their shoulder. It's tough in retail right now. Amazon can't sell everything to everyone, can it??

At close to 3% the yield is appealing and should be easily covered going forward. I'll likely add more shares around the $150 range if it falls that far.

Forward dividends are $9450.00

DEFY MEDIOCRITY

Final Sharebuilder photo --- PFE

Today I brought my PFE share count over 400.

• PFE:  50 shares @ $32.58 --- Yield  3.93%

Total capital invested is $1636.20 and will add $64 to my yearly dividends.

As noted this will be my last photographed purchase. Technically this photo is an account photo, but it's the last photo nonetheless.

I'm been made aware on numerous occasions during the past year and a half that there are different apps, screenshot techniques, etc that are infinitely better than sticking a fucking camera phone in front of the screen and downloading it via my phone (which believe it or not rarely works on the first attempt). Yet, I continue to take my photo purchases and post my buys....NO MORE!!

In 2014 & 2015 I just posted my weekly automatic purchases as well as regular purchases on the blog. One day someone emailed me and told me that my purchases were fictitious. The funny thing is it would be impossible for me to create accurate automatic buy prices each week as there are numerous Sharebuilder users who may make the same purchases occasionally. It would be impossible for me to predict the price to the penny each week. I guess the fictitious part of my posts were the dollar amounts. I don't know.

Stupid shit like this shouldn't bother me in the big scheme of things, but I felt it necessary for everyone else to show that I legitimately make these investments (good ones and bad) and I truly put my money where my mouth is.

So as you can see by the photo, I have just under $250,000 currently invested and plan to invest another $250,000 in the next two years. 

I have also been considering stopping my future investments in Cap One Sharebuilder and starting a second brokerage account soon.

Forward dividends are now $9400.00

DEFY MEDIOCRITY

Recent Buy --- VZ

I just made VZ one my top 4 positions.

• VZ: 100 shares @ $45.28 --- Yield  5.12%

Total capital invested is $4541.61 and will increase my yearly dividend by $232. 

VZ and T have both been falling quite a bit, but VZ is dropping much faster. Today's purchase makes VZ my fourth largest position behind PFE, XOM, and KO.  Any future telecom purchases will probably be T shares. My original intention was to reach $10,000 in forward dividends by the end of the year. I will most likely reach this goal in June. 

Forward dividends are now around $9350.

DEFY MEDIOCRITY

Recent Buy --- GE

I added a few more shares to the GE position.

• GE:  53 shares @ $27.88 --- Yield  3.44%

Total capital invested is $1484.48 and will increase my dividends by $50.88.

GE below $28 looks to be a good value. If things continue to deteriorate, I'll probably at another 50 shares around the $25 which would put the yield at 3.8%.

Foward dividends are just over $9100.00.

DEFY MEDIOCRITY

Recent Buy --- GIS

I added a few more shares to my GIS position.

• GIS:  30 shares @ $56.25 --- Yield  3.41%

Total capital invested is $1694.45 and will add $57.60 to my yearly dividends.  I was on the fence today and had a difficult time choosing between GIS, XOM, T, & VZ. I took the more defensive of the choices and now have 170 shares of GIS.

I am really loving the grind of climbing back up the passive income mountain. Kinda reminds me of the summer of 2014.....fun times for sure!!

Forward dividends are $9060.

DEFY MEDIOCRITY

May 2017 Net Worth

I finally decided to put out a monthly net worth statement. Ultimately passive income is my focus, but it is nice to see the overall balance sheet. There is much more to my financial profile than the hundreds of dollars received each month. So here are the numbers as computed from Mint.com.


Assets

Checking --- $4,242
Savings --- $120,178
Lending Club --- $10,185
HSA --- $1,850
Brokerage --- $240,129
IRA --- $8,997
401K --- $311,976
House --- $137,452

Liabilities

None

Net Worth

$835,009

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

Recent Buy --- T

Today I initiated a position in T.

• 100 shares @ $38.58 --- Yield  5.08%

Total capital invested is $3871.70 and will add $196.00 to my yearly dividends.

I have been add more shares of VZ recently on weakness and today I decided to complement the VZ position with T.

Let the snowball DRIPing begin!

Forward dividends are now back to $9,000.

DEFY MEDIOCRITY

AAPL raises dividend 10.53% --- New yield is 1.71%

Apple announced that it will be increasing its quarterly dividend from $.57 to $.63 a share. This represents a 10.53% increase and the new yield is

The ex-dividend date is May 11th and the pay date is May 18th.

Since I currently own 25.37 shares my yearly dividends will increase by $6.09.

2017 Dividend Raises/Cuts

OHI:  1.64% --- $3.20
KMB:  5.43% --- $8.03
GILD:  10.64% --- $10.49
CSCO:  11.54% --- $13.92
TROW:  5.56% --- $9.09
KO:  5.71% --- $20.96
QCOM:  7.5% --- $7.20
PG:  3.00% --- $2.43

OHI:  1.61% --- $6.46  (2nd Raise)

SO:  3.57% --- $7.41

UL:  12% --- $15.36

XOM:  2.67% --- $11.70

JNJ:  5.0% --- $8.67

TIS:  100% --- $332.90

AAPL:  10.53% --- $6.09

Total yearly dividend decrease is $201.89.

DEFY MEDIOCRITY

Recent Buy --- GIS

Today I doubled my GIS position.

• GIS:  70 shares @ $55.98 --- Yield  3.43%

Total capital invested is $3932.36 and will add $134.40 to my yearly dividends.

GIS continues to exhibit weakness and is now close to yielding 3.5%. After losing some income yesterday by virtue of the TIS cut, I'm glad to jump right back in and start making up the lost ground.

Forward dividends are around $8800.00

DEFY MEDIOCRITY

TIS reduces dividend 100% --- New yield is 0%

Today TIS announced that it is suspending its dividend.

Since I currently own 237.8 shares my dividends will (well you know the math 100% reduction of any number is 0) drop by $332.90.

Ouch! That is going to leave a mark...It's probably a good time from a spec point of view to buy.

Forward dividends are around $8730.00, but not for long!!

2017 Dividend Raises/Cuts

OHI:  1.64% --- $3.20
KMB:  5.43% --- $8.03
GILD:  10.64% --- $10.49
CSCO:  11.54% --- $13.92
TROW:  5.56% --- $9.09
KO:  5.71% --- $20.96
QCOM:  7.5% --- $7.20
PG:  3.00% --- $2.43

OHI:  1.61% --- $6.46  (2nd Raise)

SO:  3.57% --- $7.41

UL:  12% --- $15.36

XOM:  2.67% --- $11.70

JNJ:  5.0% --- $8.67

TIS:  100% --- $332.9

Total yearly dividend decrease is $207.98

DEFY MEDIOCRITY