Recent Buys --- OHI & XOM

I added a few shares to some existing positions today.

• OHI:  100 shares @ $23.83 --- Yield  11.25%
• XOM:  30 shares @ $37.03 --- Yield  9.40%

Total capital invested is $3493.99 and the combined yield is 10.66%. These purchases will add $372.40 to my yearly dividends.

The market pullback is so quick and extreme that it's difficult to decide what to pull the trigger on. When I saw OHI down 25% after the market circuit breaker this morning I decided to swoop in. XOM is at ridiculous levels and may get more ridiculous.

IBM got close to $100 and I almost added shares at 6.5% yield. Also MO is within inches of a 10% yield. Airlines, banks, hotels, and cruise lines are being left for dead. I think BA is down $300 a share from its all time high!! That's crazy! 

Wells, JPM, GS, etc are very tempting, but I actually may pick up TD or BNS as they will be yielding in the 8% range very soon.

Great time to get off the sidelines and get back into the game. I've been out for too long :)

DEFY MEDIOCRITY

Recent Buy --- Shell

Yesterday I added to my Shell position.

• RDS-b:  120 shares @ $36.52 --- Yield  10.30%

Total capital invested is $4382.30 and will increase my yearly dividends by $451.20.

It looks like there will be a snap back in the markets today, but there are tons of depressed stocks still available. 

I'm closely watching MET, PRU, DOW, XOM, PFE, and MO at the moment. Airlines, cruise lines, hotels are also interesting, but dangerous.  I will continue adding to energy positions especially Shell over 10% and XOM over 8%.

DEFY MEDIOCRITY

Recent Buys --- XOM, UPS, WBA, & DOW

Today I added some to positions.

• DOW:  25 shares @ $39.98 --- Yield  7.00%
• XOM:  20 shares @ $51.36 --- Yield  6.78%
• UPS:  11 shares @ $90.47 --- Yield  4.47%
• WBA:  22 shares @ $45.89 --- Yield  3.99%

Total capital invested is $4,031.30 and the combined yield is 5.56%.  These purchases will add $224.30 to my yearly dividends.

I may be jumping in a bit early, but I need to replace the lost income from selling all the stocks in my old E-trade account. Today was a good day to buy as the S&P 500 is down 10% in the past week.

I almost pulled the trigger on MO and Shell, but still believe the yields will reach 10% soon. I also refrained from buying CCL and WFC as they look like traps to me right now. I will be watching them closely along with the above four companies. Other stocks that look appealing and dangerous are OXY, LYB, and BBL.

Hopefully JNJ and PEP will drop 25% in the coming weeks so I can buy them instead :)

January 2020 Passive Income

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


Taxable Account

• Amegy CD --- $386.68
• MO --- $88.20
• PM --- $70.20
• M --- $37.75
• CL --- $29.24
• BND --- $2.19

Retirement Account

• 65/35 S&P 500/Bonds --- $221.23

Total January 2020 passive income is $804.06

CD income continues to drop as interest rates have fallen in the past year as well as reducing my CD portfolio by $50k. My dividend income also was a bit lower as I haven't completely reinvested all of the proceeds of my CD money.

I still plan on at the very least maintaining the same passive income level this year as I had last year. I may increase it a tad, but it would not be too big of an increase.

Steady as she goes...

DEFY MEDIOCRITY

January 2020 Net Worth

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

Well damn...The month of January was rocking along with the markets hitting new highs and then BAM!!! The last day of the month saw a 600 point drop in the DJIA and all of a sudden the market was flat for the month. I was really hoping to hit another new record high in my net worth.

Oh well, there is always next month.

My portfolio basically was flat with a small 3k decline due to writing down my Jeep and accounting for regular living expenses.

Oddly my 401k balance was actually 2k. Maybe the S&P registered a slight gain along with a gain in my bond component (65/35 S&P/bonds). 

I'm closing in my 2 Year FIRE Anniversary and it feels good seeing a gain in net worth. It shouldn't be surprising, but short term volatility can bounce things around for sure.

It's pretty wildly known that the markets typically gain 9%/year and that's what I'm counting on to maintain a slow growing net worth. However my first two years were -7% and +31%. It all works out over time, but it does get rocky sometimes. I'm sure the election year will be calm 😁

I hope everyone else had a great January!!

Here is my net worth summary from December/2019 ending totals.

Assets

Checking --- $93,660
Savings/Investments --- $387,516
Lending Club --- $263
HSA --- $2,015
IRA --- $10,963
401K --- $413,815
2014 Jeep Wrangler --- $18,100

Liabilities

$3152

Net Worth

$923,180

YTD Totals

2020

***Jan 1, 2020 --- $926,699***

Jan 31, 2020 --- $923,180

Feb 29, 2020 ---

Mar 31, 2020 ---

Apr 30, 2020 ---

May 31, 2020 ---

June 30, 2020 ---

July 31, 2020 ---

Aug 31, 2020 ---

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

Recent Buy --- XOM

Today I added to my XOM position.

• XOM:  5 shares @ $61.88 --- Yield  5.62%

Total capital invested is $309.40 and will add $17.40 to my yearly dividends.

XOM has literally gone from the best of the majors to sucking hind tit and very well may out yield them all soon. While it is difficult to keep adding to a sizable position I will continue. XOM is closing in on a 6% yield along with an upcoming dividend raise (38 straight years I believe).

I am closely watching MMM and WBA. I really need to continue building those positions. I also noticed UPS is almost below $100 which is quite a drop. I hope to add to these next week.

DEFY MEDIOCRITY

Recent Stock Purchases

Today I add to my MO and Shell positions.

• MO:  6 shares @ $47.25 --- Yield  7.11%
• RDS-b:  7 shares @ $54.23 --- Yield  6.93%

Total capital invested is $663.11 and the combined yield is 7.01%.  These purchases will add $46.48 to my yearly dividends. MO continues to be damaged by JUUL and Shell is finally close to 7% which is a great yield for this company.

DEFY MEDIOCRITY