October 2022 Passive Income

 

 

Here is the passive income I received during October.

MO --- $7,867.80
401k --- $216.65

Total income for the month was $8,084.45. This marks a new all time high for one month.

MO raises dividend 4.44% --- New yield is 8.11%

 

Today MO raised its quarterly dividend from $.90 to $.94. This represents a 4.44% increase from last year. The dividend is payable on 10/11/22 and the ex-dividend date is 9/14/22.

While it would have been nice to see a dividend hike closer to the rate of inflation, MO was already yielding around 8% so this is somewhat expected.

Since I currently hold 8370 shares, this will increase my yearly dividends $1339.20 from $30,132 to $31,471.20.

July 2022 Dividend Income

 

 

Here is the passive income I received for July

• MO --- $3033
• 401K --- $227.10

Total income for the month of July is $3530.10.

Recent Purchase --- MO

 

Today I added to my MO position.

• MO:  5000 shares @ $41.19 --- Yield  8.74%

Total capital invested is $205,950. This purchase will increase my dividends by $18000. This brings my total share count up to 8370 shares. Total MO dividend income is now $30,132.

MO has had a rough couple of months and now is down over 13% for the year. The headlines and downgrades have been relentless. It's these time that I typically jump in and hopefully this proves to be a good entry point.

I haven't posted this year as I have not been adding dividend stocks after selling most of them last year. Let the fun begin again!

DEFY MEDIOCRITY

Dec 2021 Net Worth

December was a fantastic month and capped a fantastic year.  I ended up gaining $20,000 and that was even with the purchase of an engagement ring for my fiance. Maybe I didn't spend enough on it ;) 

The S&P 500 finished up 27% for the year. I believe almost 30% counting dividends. Absolutely sensational considering its 15% gain in 2000 and 31% gain in 2019. I read somewhere that since the beginning of 2019 the market has compounded at a 28% clip. Jaw dropping wealth creation.

While I didn't quite make it back to the double comma club, I'm still up $18,000 on the year after all expenses. Again, I ended up paying off my fiance's car, building a new backyard oasis, and getting engaged. Hopefully the expense column reverts to normal levels next year. We'll see!

Happy New Year everyone!

Here are my net worth totals for the end of December.

Checking --- $106,316

Savings/Investments --- $306,345

HSA --- $1,550
IRA --- $14,183

401K --- $553,996

2014 Jeep Wrangler --- $14,000

Liabilities

$8,266

Net Worth

$988,124

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

Jul 31, 2021 --- $1,017,133

Aug 31, 2021 --- $1,027,009

Sept 30, 2021 --- $1,002,049

Oct 31, 2021 --- $1,037,716

Nov 30, 2021 --- $968,361

Dec 31, 2021 --- $988,124

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2021 --- $988,124

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

Weekly Stock Purchases

My final purchases of the year are additions to VTI and BND.

• VTI:  4 shares @ $242.18 --- Yield 1.15%
• BND:  6 shares @ $84.82 --- Yield 1.95%

Total capital invested is $1477.60 and the combined yield is 1.69%. Today's purchases will add $24.97 to my yearly dividends.

Happy New Year and I hope everyone has a fantastic and safe evening!

Pipeline re-construction in progress.

Weekly Stock Purchases

Yesterday I added to my MO position.

• MO: 180 shares @ $47.82 --- Yield  7.53%

Total capital invested is $8607.60 and this purchase will add $648.00 to my yearly dividends.

I now have an even 1000 shares of MO which will provide $3600.00 of yearly dividend income.  

I should also mention that I have 12 open $45 MO puts that have been open most of this year. The first 7 expire on Jan 21, 2022 and the other 5 expire in Jan 2023. The assignment of next month's shares would be around $41.50 so it is unlikely that I will be assigned unless MO drops $5 dollars or so during the next few weeks.

Pipeline re-construction in progress

Weekly Stock Purchases

Today I added to my MO, IBM, and BP positions.

• MO:  200 shares @ $44.83 --- Yield  8.03%
• IBM:  40 shares @ $121.42 --- Yield  5.40%
• BP:  50 shares @ $26.77 --- Yield  4.82%

Total capital invested is $15,161.30 and the combined yield is 6.91%. These purchases will increase my yearly dividends by $1,046.90.

I continue to like MO below $45. I also would like to add XOM if the price drops into the mid $50s. 

Pipeline reconstruction in progress.

Weekly Stock Purchases

 

Today I added share to MO, IBM, and CAH positions.

• MO: 250 shares @ $44.54 --- Yield  8.08%
• IBM:  50 shares @ $120.38 --- Yield  5.45%
• CAH:  50 shares @ $48.14 --- Yield  4.07%

Total capital invested is $19,561 and the combined yield is 6.78%. These purchases will add $1,326 to my yearly dividends.

The markets have been rebounding nicely so far in December, but I still like these names. I'm also keeping my eyes on MRK as well and will start a position below $70.

Pipeline reconstruction in progress.

November 2021 Net Worth

November ended up being a wild ride. Patios, pergolas, landscaping and paying off my girlfriend's car did some serious damage to the net worth. 

After counting all the beans I was down just over $69,000 for the month and $1200 in the red for the year. Not bad considering I have spent a ton of money this year. 

It will be nice to regain Double Comma status, but living a healthy life in a work optional setting is enough for now.

Here are my net worth totals for the end of November.

Checking --- $109,770

Savings/Investments --- $290,832

HSA --- $1,550
IRA --- $13,604

401K --- $538,605

2014 Jeep Wrangler --- $14,000

Liabilities

$2278

Net Worth

$968,361

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

Jul 31, 2021 --- $1,017,133

Aug 31, 2021 --- $1,027,009

Sept 30, 2021 --- $1,002,049

Oct 31, 2021 --- $1,037,716

Nov 30, 2021 --- $968,361

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

Recent Purchases ---- MO, IBM, CAH, VTI, BND

 

Today I created a new position in CAH and added to MO, IBM, VTI, and BND.

MO:  100 shares @ $42.60 --- Yield  8.45%

IBM:  50 shares @ $117.40 --- Yield  5.59%

CAH:  25 shares @ $46.71 --- Yield  4.20%

VTI:  4 shares @ $235.15 --- Yield  1.21%

BND:  6 shares @ $85.38 --- Yield  1.95%

Total capital invested is $12,750.63 and the combine yield is 5.95%.  These purchases will increase my yearly dividends by $758.35.

I've been buying VTI and BND throughout the year towards the end of each month.  Traditional dividend stocks continue to underperform so I'll gladly add to these position and start new positions as well.

Pipeline reconstruction in progress.

Black Friday Buys --- MO, IBM, BP

 

Today I added to MO, IBM, and BP.

• MO:  250 shares @ $43.36 --- Yield  8.30%
• IBM:   75 shares @ $115.29 --- Yield  5.65%
• BP:   40 shares @ $25.70 --- Yield  5.02%

Total capital added is $20,514.75 and has a combined yield of 7.04%. This will increase my yearly dividends by $1,443.60.

Weekly Stock Purchases

 

Today I added to my MO position and initiated a position in IBM.

• MO:  10 shares @ $44.11 --- Yield  8.16%
• IBM: 5 shares @ $116.35 --- Yield  5.64%

Total capital invested is $1,022.85 and has a combined yield of 6.73%. This week's purchases will ad $68.80 to my yearly dividends.

MO continues to look pretty solid at these levels. I'm also keeping my eyes on BP, VZ, WBA, and AMGN.

Weekly Stock Purchases

 Today I decided to re-start dividend investing.

• MO:  10 shares @ $43.57 --- Yield  8.26%
• BP:  10 shares @ $26.41 --- Yield  4.88%

Total capital invested is $699.80 and the combined yield is 6.99%. These purchases will add $48.90 to my yearly dividends. 

Back in the game! 

October 2021 Net Worth

 

Here are my net worth totals for the end of October.

Another great month! I picked up $35K during October and this marks the 5th consecutive month in the double comma club.

The markets continue to defy gravity and are up roughly 25% for the year. 

November won't be so rosy as I have spent quite a bit on home renovations. Spending money to add small/large pleasures from time to time is what life is all about. Hoarding money and just watching numbers increase on a spreadsheet seems a bit more strange to me now.

Hope all is well with everyone out there!

Checking --- $170,163

Savings/Investments --- $298,543

HSA --- $1,550
IRA --- $13,808

401K --- $540,638

2014 Jeep Wrangler --- $14,000

Liabilities

$986

Net Worth

$1,037,716

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

Jul 31, 2021 --- $1,017,133

Aug 31, 2021 --- $1,027,009

Sept 30, 2021 --- $1,002,049

Oct 31, 2021 --- $1,037,716

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

September 2021 Net Worth

 

Here are my net worth totals for the end of September.

Markets dropped a bit, but I'm still a member of the double comma club. Looks like October is going to be fantastic! 

Onward and upward!

 

Checking --- $213,238

Savings/Investments --- $253,583

HSA --- $1,550
IRA --- $13,346

401K --- $517,390

2014 Jeep Wrangler --- $14,000

Liabilities

$558

Net Worth

$1,002,049

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

Jul 31, 2021 --- $1,017,133

Aug 31, 2021 --- $1,027,009

Sept 30, 2021 --- $1,002,049

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

August 2021 Net Worth

 

Here are my net worth totals for the end of August.

I'm now comfortably above the 1M mark (until a market correction). Good all around month and year so far.

Now that I'm over 3 1/2 years into retirement I am starting to see how the next 30-40 years will unfold. Taxable accounts continue to hold up and provide daily income and more than cover my expenses. Retirement accounts also grow nicely and along with SS, I should be in really good shape in the decades to come.

Onward and upward!

 

Checking --- $253,218

Savings/Investments --- $209,054

HSA --- $1,550
IRA --- $13,763

401K --- $535,652

2014 Jeep Wrangler --- $14,000

Liabilities

$228

Net Worth

$1,027,009

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

Jul 31, 2021 --- $1,017,133

Aug 31, 2021 --- $1,027,009

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

July 2021 Net Worth

 

Here is last of my past due updates. At the end of July my net worth ended at $1,017,133. The trajectory since March 2020 has been straight up. Unbelievable movement!

While I'm excited about making the $1,000,000 mark for a second straight month, It's most likely going to be short lived as I am about to buy a pool. The payments ($50,000ish) will be made over the next few months. If I have a really good back half of the year, I made hold the $1,000,000 mark, but realistically the S&P 500 would have to add to it's 18% gain and finish up close to 25-30% for me to hold the line.

No matter...I have been enjoying my life like never before and sometimes you just have to say "Fuck It"

 

Checking --- $265,124

Savings/Investments --- $197,848

HSA --- $1,555
IRA --- $13,597

401K --- $525,874

2014 Jeep Wrangler --- $14,000

Liabilities

$865

Net Worth

$1,017,133

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

Jul 31, 2021 --- $1,017,133

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

June 2021 Net Worth --- Double Comma Club

 

A few days before my 50th birthday I finally hit $1,000,000 in net worth. There was a time 20 years a go that I never thought that I would hit that number even if I continued working through age 65. 

This number is nice, but the fact that I was able to hit it 3 1/2 years after retirement is even nicer. Despite spending in excess of $150,000 since retirement, my net worth has actually increase by $100,000 which means that my portfolio is growing on average $6,000+ per month before expenses.

Even nicer is knowing that my 401k is very close to be accessible, if needed. Also nice is knowing that Social Security (again, if needed) is accessible in less than 12 years. 

The multi-stage rocket ship is operating very efficiently and escape velocity is close to being reached. I'll just keep enjoying the view along the journey

Checking --- $284,084

Savings/Investments --- $178,628

Lending Club --- $22
HSA --- $1,555
IRA --- $13,483

401K --- $515,899

2014 Jeep Wrangler --- $14,000

Liabilities

$578

Net Worth

$1,007,093

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

Jun 30, 2021 --- $1,007,093

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266

May 2021 Net Worth

 

May was another positive month. Based on the dealerships having virtually no inventory, my 65k mile Jeep Wrangler has a much higher value than I have reported. In time as the value fall back down below $14k I'll start depreciating it again accordingly.

Checking --- $287,303

Savings/Investments --- $177,202

Lending Club --- $22
HSA --- $1,555
IRA --- $13,456

401K --- $506,584

2014 Jeep Wrangler --- $14,000

Liabilities

$1,562

Net Worth

$998,562

YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773

Feb 28, 2021 --- $970,059

Mar 31, 2021 --- $986,189

Apr 30, 2021 --- $997,626

May 31, 2021 --- $998,560

2020

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 --- $901,082

Nov 30, 2020 --- $956,268

Dec 31, 2020 --- $969,595

 

Dec 31, 2020 --- $969,595

Dec 31, 2019 --- $926,699

Dec 31, 2018 --- $864,613

Dec 31, 2017 --- $914,266