Tuesday, July 30, 2019

Recent Buys --- MO & ABBV


Today I added to my MO position and initiated a new position in ABBV


  • MO:  30 shares @ $47.70 --- Yield  6.71%
  • ABBV:  20 shares @ $66.49 --- Yield  6.44%

Total capital invested is $2760.80. The combined yield is 6.58% and will add $181.60 to my yearly dividends. These are commission free trades through Chase.

This is my first stock purchase since January. I'm always interested in adding shares of MO especially when the yield is around 7%.

While the market keeps reaching new highs, ABBV continues its painful descent having dropped almost $60 a share over the past year and a half. Hopefully the dividend is safe. I would hate to see it follow the paths of TEVA, GE, and TUP.

DEFY MEDIOCRITY

Monday, July 8, 2019

June 2019 Passive Income




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


Taxable Account

  • ABALX --- $660.60
  • Amegy CD --- $340.90
  • SO --- $64.06
  • F --- $52.50
  • XOM --- $52.48
  • IBM --- $41.03
  • KHC --- $36.26
  • LB --- $30.54

Retirement Account

  • 65/35 S&P 500/Bonds --- $1217.95

Total June 2019 passive income is $2,496.32

Not much to say other than everything is progressing nicely and early retirement is going well. I try to do new things each day and continue to collect memorable experiences. So far so good. I honestly haven't paid much attention to stock values or dividend yields. 

Spreadsheets, valuations, and spending hours researching stocks isn't what life is about. Exploring, hiking, swimming, yoga, wine tasting, and relationships are what I focus on now. 



DEFY MEDIOCRITY

Tuesday, July 2, 2019

June 2019 Net Worth




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

We're at the mid point of 2019 and this has been an exceptional year so far. The S&P continues its strong march forward posting a 6.89% gain in June and a 17% YTD gain!

As of this post, my net worth is sitting on a $30,000 YTD gain. I still am continued to be amazed that I am literally earning no "day job" income and yet I am adding $6,000 a month to my portfolio even after withdrawing money to live on each month.

I am also slightly ahead in my YOY net worth.

I experienced a nice $14,000 gain during June. What makes this even more impressive is that I wrote down my Wrangler $2,000 and sold my house. Apparently my house estimate was a tad high as I netted about $6,000 less than the "paper value".

Speaking of my house, I am now officially homeless. I sold my house and moved in with my longtime girlfriend. Team Consolidate is how we refer to ourselves.

I invested most of the proceeds in a 2 year 2.5% CD. This should provide an additional $250.00 a month in income. I was fortunate in my timing, because the current 2 year rate has dropped back down to 2%. There may be an interest rate reduction by the Fed in the near future as well.

Anyway retirement life continues to exceed all expectations and all is well.


Assets

Checking --- $5336
Savings/Investments --- $479,764
Lending Club --- $1,047
HSA --- $2,101
IRA --- $10,295
401K --- $381,662
2014 Jeep Wrangler --- $17,500
House --- $0 (Sold it last month --- officially homeless)

Liabilities

$3,401

Net Worth

$894,504


YTD Totals

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


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