Follow the dividend investment decisions of a person who has no background in financial investment and wishes to take control of their financial future to retire from their full-time job at 60.

Weekly Portfolio Summary - 16 Nov 2019 11:46

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Higher & higher the markets grow and so too my portfolio value. No purchases again this week, here is what I am keeping an eye on this week for possible investments;

  1. Goodyear Tire (GT) - Looking to buy at $15.50/share or lower
  2. Texas Instruments (TXN) - Looking to buy at $110/share or lower
  3. Weyco (WEYS) - Looking to buy at $24/share or lower
  4. WestRock (WRK) - Looking to buy at $37/share or lower

Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

AbbVie (ABBV)

Preferred Apartment Communities (APTS)

Brookfield Renewable Partners (BEP)

First American Financial (FAF)

Hasbro (HAS)

3M (MMM)

Merck (MRK)

Microsoft (MSFT)

Pfizer (PFE)

Prudential Financial (PRU)

Qualcomm (QCOM)

T. Rowe Price (TROW)

United Parcel Service (UPS)

Walmart (WMT)

Weyerhaeuser (WY)

Interesting Blog Posts or Articles

Blog Posts

Articles

Weekly Portfolio Summary - 09 Nov 2019 13:33

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Markets continued to push higher which make my overall portfolio look nice but it keeps driving yields down. Not much to say this week other than I am keeping an eye on the following stocks this week for possible investments;

  1. Texas Instruments (TXN) - Looking to buy at $110/share or lower
  2. Weyco (WEYS) - Looking to buy at $24/share or lower
  3. WestRock (WRK) - Looking to buy at $37/share or lower

I was watching 3M but once it got above $169/share I lost interest, if it drops I might be interested again as I have yet to have a full position.

Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

AbbVie (ABBV)

Air Products (APD)

Apple Hospitality (APLE)

Preferred Apartment Communities (APTS)

Artesian Resources (ARTNA)

Compass Minerals (CMP)

General Motors (GM)

Hasbro (HAS)

Medical Properties Trust (MPW)

Newtek Business Services (NEWT)

Omega Healthcare Investors (OHI)

PPL Corporation (PPL)

Prudential Financial (PRU)

Prospect Capital (PSEC)

Qualcomm (QCOM)

Service Properties Trust (SVT)

United Parcel Service (UPS)

VEREIT (VER)

Interesting Blog Posts or Articles

Blog Posts

Articles

Life Reminds You It Can be Harsh - 08 Nov 2019 13:18

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When things are going well for a long period of time it dulls the pain of past negative experiences. Like the old saying goes time heals all wounds but on occasion reality likes to send you a reminder that the real world can be cruel and harsh.

Recently a fellow coworker was let go from his job. I personally can state he is an intelligent hard worker with a positive personality and it was a shock to many of us that he was so easily dismissed. To make matters worse is his current personal life as he is married with two very young children and a mortgage. His wife recently started a career in teaching but because she is not tenured her salary is very low and with so little seniority she is susceptible to layoffs. Essentially, the family is dependent on his income to survive day to day. Odd thing is just a month ago he told me he had just finished paying off his wife’s student loans and wanted to talk to me about investing for passive income, how ironic!

My friend’s unfortunate situation quickly brought back a flood of negative memories from the 2010 to 2012 timeframe. I had to watch friends and neighbors lose their homes & savings due to the recession and the subsequent stress and depression that followed. I remember asking myself if I was next! I remember the feeling of helplessness as being an honest hard worker entitled you to nothing. And to make matters worse is when people depend on you to provide for them. It is bad enough losing a job but when you have children it just amplifies the seriousness of the situation by a factor of 10X.

Back then, I watched friends & neighbors quickly burn through emergency savings and some even liquidated their entire retirement savings just to survive. It was shocking to watch people I personally knew burn through savings in a matter of months that took them years or even decades to build. This was when I came to the reality that it was daily cash flow that dictated my life more than anything else. Burning through a pile of cash didn’t seem to be the right fit for me. I started to realize all the hype about building a sizeable nest egg did not align with how I have been shaped to run my daily financial life where I have been conditioned to receive a paycheck and pay bills every month.

My fear of providing for my own family and not feeling comfortable how my savings did not easily lend itself to my cash flow driven life became the two motivating factors for me embracing passive income investing. Granted I am in a much better financial position today than during the recession and I can say my motivation or urgency has dulled a bit. It has taken the unfortunate situation of my friend to remind me of why I started this journey and to not take my foot off of the proverbial gas pedal! I still have 8 ½ years to financial independence and the risk of income loss is as important today as it was then. I remind myself I am entitled to nothing. I do not have control over my employment and only I can fix this by empowering myself to create my own income streams. - Comments: 0

October Dividend Income - 04 Nov 2019 22:14

Tags: monthly_income

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After 32 years of clocking in and out of work and religiously saving 10% annually every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish.

For the month of October I made $3,224; an increase of 11.2% versus this time last year. I target a growth rate of 12.5% to meet my FI goal and came in below my target. Most of my REIT holdings payout this month (hence the large sum) but the downside is they have slower dividend growth rate so the bulk of the YoY increase came from reinvested dividends.

In regards to buying I made 4 stock purchases with 2 in my IRA; Ryder Systems (R) and IBM, Apple Hospitality (APLE) for my Roth and Goodyear Tire (GT) for my brokerage account. All four will payout a dividend before the end of the year so they will immediately start contributing. Looking into November I am currently watching 3M (MMM), Texas Instruments (TXN), and WestRock (WRK),

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In my M1 Finance account I added $600 in regular contributions. The portfolio continues to grow from an overall value perspective but comes at the expense of portfolio dividend yield which dropped from 3.35% to 3.29%.

I also provided a link to my M1 Pie for those interested in seeing all of the individual holdings.
https://m1.finance/NCB--FZCZ

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My age 53 goal (I’m 51 for those not in the know) improved by 0.9%. This was a large improvement over previous months and puts me back on track to where I want to be.

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On the home front, for more than a year I have had no debt and it has been fantastic but that changed as I had to buy not one but two cars. Long story short, I gave my son my old car so he can commute to college and then my wife’s ancient mini-van finally died. Instead of getting depressed I used this to my advantage with negotiating a deal where I started with one car and then said if you throw in the second I’ll pay this much. At the end of the day it worked to our advantage as I picked up two used cars (a large SUV and a 4 door sedan) for $31K and financed at a rate of 3.5%. My plan is to drive both for at least 10 years and hopefully everything works out well. - Comments: 0

Weekly Portfolio Summary - 02 Nov 2019 13:09

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This has been one busy week with companies reporting earnings and apparently it was more treat than trick as markets surged to all time highs.

Friday's close was really the biggest surprise as a combination of a good jobs growth report and continued positive earning reports sent equities even higher but there was a slight rotation out of REITS which have been red hot this year.

My odd thought for the week is RMDs or required minimum distributions from IRAs & 401Ks for retirees. Back in 2011, I remember there were articles all over the web about the baby boomers starting to retire at a rate of something like 10,000 people a day. Flash forward and those people today are now over 70 and required to take RMDs. Doing a little research I found one AARP article from 2016 that briefly mentioned the first wave of baby boomers (approximately 2.5M of them) turning 70 and that was about as much fanfare as I could find. With three years of retirees hitting 70 the RMDs are starting to gain some serious momentum and it leads me to question if end of the year RMDs will impact market performance?

Granted not all retirees have IRAs and those that do may have a large allocation to bonds which may be a reason why there was no impact in 2016 but with 2019 being the third year of retirees hitting 70 will it impact equity prices? My knee jerk reaction is yes and we should probably expect regular December stock market drops for the next 10 years as more and more are required to sell down their holdings. In theory this could also add to liquidity problems as cash will need to be available for the eventual selloffs. Not sure if my theory has any merit but it is something I am curious to watch.

Well that is it for this week, Halloween is over and now I have to turn my attention to raking leaves and preparing for winter.

Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

AbbVie (ABBV)

Avangrid (AGR)

Air Products (APD)

Ares Capital (ARCC)

Chatham Lodging Trust (CLDT)

Cummins (CMI)

Camden Property Trust (CPT)

Chevron (CVX)

EPR Properties (EPR)

General Motors (GM)

Garmin (GRMN)

Iron Mountain (IRM)

Johnson & Johnson (JNJ)

Kraft Heinz (KHC)

Leggett & Platt (LEG)

Medical Properties Trust (MPT)

Merck (MRK)

Newell Brands (NWL)

Pfizer (PFE)

Qualcomm (QCOM)

Ryder System (R)

Sabra Health Care REIT (SBRA)

AT&T (T)

United Parcel Service (UPS)

Walgreens Boots Alliance (WBA)

Westwood Holding Group (WHG)

Walmart (WMT)

W.P. Carey (WPC)

Interesting Blog Posts or Articles

Blog Posts

Articles
- - Comments: 0

Weekly Portfolio Summary - 26 Oct 2019 11:26

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Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

AbbVie (ABBV)

First American Financial (FAF)

Goodyear Tire (GT)

Hasbro (HAS)

Iron Mountain (IRM)

Johnson & Johnson (JNJ)

3M (MMM)

Marine Products (MPX)

Microsoft (MSFT)

Procter & Gamble (PG)

Phillips 66 (PSX)

Qualcomm (QCOM)

AT&T (T)

T. Rowe Price (TROW)

Domtar (UFS)

United Parcel Services (UPS)

Waste Management (WM)

Weyerhaeuser (WY)

Interesting Blog Posts or Articles

Blog Posts

Articles

Weekly Portfolio Summary - 19 Oct 2019 12:50

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Markets closed out the week with a slight loss but I did notice a lot of buying activity for dividend paying stocks this week as I watched my portfolio value continue to rise. I am not sure if this was due to people reacting to lower interest rates or if it is a defensive move for a possible pullback. Either way it does not impact my income as the divvy's keep rolling in.

We did get our first frost of the season which is my signal to grab a fishing pole and enjoy the weekend lake fishing and check out for a couple days. For those not aware, first frost is a good indicator that bass will be in a feeding frenzy to get ready for the long winter. That's it for now so onto the transaction & news of my portfolio.

Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

Armanino Foods of Distinction (AMNF)

Preferred Apartment Communities (APTS)

Bar Harbor Bankshares (BHB)

General Motors (GM)

Hasbro (HAS)

International Business Machines (IBM)

Johnson & Johnson (JNJ)

Omega Healthcare Investors (OHI)

Pfizer (PFE)

PPL Corp (PPL)

Qualcomm (QCOM)

United Parcel Service (UPS)

VEREIT (VER)

Interesting Blog Posts or Articles

Blog Posts

Articles

New Buy GT - 18 Oct 2019 20:38

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Brokerage Buy: Goodyear Tire & Rubber (GT)

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Purchase Price: $15.14/share
Increase in Forward Annual Div: $18
Inflation Beating Streak: 5 Years
Div Growth Streak: 6 Years
Yield: 4.22%
Payout Ratio: 34%
Most Recent Dividend Increase: 14.29% / Oct 2018

GT is a new position for me and the smallest individual buy I have ever made. Fidelity removing trading fees is making this very interesting.

Speaking of interesting, this stock is listed as part of the Consumer Discretionary sector which I find odd as it is not tied to automobile sales and since cars always need tires I see this more as a Consumer Staple. - Comments: 4

New Buy IBM - 17 Oct 2019 20:31

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IRA Buy: International Business Machines (IBM)

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Purchase Price: $133.15/share
Increase in Forward Annual Div: $45
Inflation Beating Streak: 22 Years
Div Growth Streak: 24 Years
Yield: 4.87%
Payout Ratio: 55%
Most Recent Dividend Increase: 3.18% / Apr 2019

IBM reported a weaker than expected quarter and quickly sold off today. Hoped to get a better price but $133 seemed to be the bottom support so I grabbed a few shares. - Comments: 0

Weekly Portfolio Summary - 12 Oct 2019 11:57

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The week started off down but rallied on Thursday & Friday to a small gain for the week.

There was good news from Fidelity who announced they are jumping on the no fees stock transaction band wagon. Cannot say I am shocked as companies like Robinhood & M1 Finance have made such an impact on not just new but legacy investors too. For me personally this opens up more frequent buying as I know longer wait to buy in $1000 minimums.

While I have M1 Finance & Fidelity accounts I plan to continue to keep both as each offers unique benefits. M1's business model with Pies & fractional shares is unique enough to allow it to survive but growth may slow down. Whereas I am unsure about Robinhood now that the big brokerage houses offer the same benefits. We will have to wait and see if Robinhood & M1 can innovate further.

Portfolio Activity

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Portfolio News - (In Case You Missed These Headlines)

Apple Hospitality (APLE)

Brookfield Renewable Partners (BEP)

Fastenal (FAST)

Johnson & Johnson (JNJ)

3M (MMM)

Newtek Business Services (NEWT)

Prudential Financial (PRU)

AT&T (T)

T. Rowe Price (TROW)

United Parcel Service (UPS)

Interesting Blog Posts or Articles

Blog Posts

Articles

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