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.

Recent Buy --- MO

 

Today I added a few shares to my MO position.

• MO: 6 shares @ $40.90 --- Yield 8.42%

Total capital invested is $245.40 and will add $20.64 to my yearly dividends. MO is my largest position, but I couldn't resist nibbling a bit here at this yield level.

I hope to build up my positions in CSCO and AFL in the coming weeks.

Recent Buy --- AFL

 

Today I initiated a position in AFL.

• AFL:  7 shares @ $37.17 --- Yield  3.01%

Total capital invested is $260.19 and will add $7.84 to my yearly dividends. Pretty boring purchase, but I'm underweight in the financial sector so it's a good addition.

Recent Buy --- T

 

Today I added a few more shares to my T position

• T:  9 shares @ $28.96 --- Yield  7.18%

Total capital invested is $260.64 and will add $18.72 to my yearly dividends.

I have a several CDs expiring soon so I am hope to continue getting good yields from stable companies as I replace the lost interest income. T is bond-like and should be a good payer and hopefully hold steady around $30. Not much growth, but I'm interested in the income. I almost added more XOM, but it a rather large position. I will be watching it though.

Recent Buy --- XOM

 

Today I added a few more shares to my XOM position.

• XOM:  7 shares @ $37.98 --- Yield  9.16% (Currently)

Total capital invested is $285.86 and will add $24.36 to my yearly dividends. XOM is about 7% of my portfolio a bit over 1% of my net worth. Once mightier than all a few years back, it's now struggling big time.

Recent Buy --- CSCO

 

Today I initiated a position in CSCO.

• CSCO:  7 shares @ $39.99 --- Yield  3.60%

Total capital invested is $279.90 and will add $10.08 to my yearly dividends. I've owned CSCO in the past and at a much lower price, but this appears to be a decent value within the tech sector.

I'm patiently waiting for XOM to get back down to around $35 or BP to reach the mid teens.

DEFY MEDIOCRITY

Recent Buys --- WBA & SO

 

Yesterday I added to my WBA & SO positions.

• WBA:  7 shares @ $36.98 --- Yield  5.06%
• SO:  5 shares @ $51.67 --- Yield  4.95%

Total capital invested is $517.18 and the combined yield is 5.0%. These purchases will add $25.89 to my yearly dividends.

WBA has been a serious dog lately and I like SO around 5%. 

Other stocks on my radar are XOM, MO, AFL, CSCO, & JPM.

DEFY MEDIOCRITY

August 2020 Net Worth

 

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

WOW! The S&P 500 skyrocketed another 7% in August!! This is super impressive given the 5.5% jump in July. 

My net worth jumped almost $21,000 shattering a beginning of the year net worth of $926k. Currently my net worth is a shade over $944k.

There's no way to spin things. This has been a phenomenal year for investors! Given a 30% jump in the S&P 500 in 2019 coupled with this year's plague, I never imagined we would be where we are today.

Now for a small splash of cold water....My 401k (65/35 S&P/bonds) was responsible for $20k of the $21k gain. My taxable account brought about $4k to table and then expenses ($3600) dropped the gain back down to $21k.

Ideally I would like the taxable portion to grow a bit faster (XOM, MO, T ughhh), but I'm still in great shape. In the end, as long as the overall trend is up I'm good with it.

I hope everyone else is enjoying this wave. It may be tougher sledding during the last four months of the year.

Assets

Checking --- $3709
Savings/Investments --- $461,372
Lending Club --- $31
HSA --- $1,858
IRA --- $11,133

401K --- $450,640
2014 Jeep Wrangler --- $16,500

Liabilities

$1,087

Net Worth

$944,156

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 ---

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