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.

February Dividend Income - 01 Mar 2020 13:55

Tags: monthly_income

clocking_in.png

After 33 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 January I made $2,409; an increase of 9.94% versus this time last year. I target a growth rate of 12.5% but my tracking metrics show the bulk of my year over year growth occurs in the last month of a quarter so I am not too concerned being under my target.

In regards to buying, I increased my position in Prudential Financial (PRU) and Brookfield Property REIT.

372_1.png372_2.png

In my M1 Finance account, I continued with my weekly $120 contribution for a total of $480. The overall dividend yield of my M1 pie increased to 3.816%. While there have been a few dividend raises the bulk of the increase was attributable to the massive market sell-off in the last week of February.

Overall my M1 Finance accounts contributed $7.56 to this month’s dividend totals. Finally getting closer to double digit monthly income.

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

M1_372.png

My age 53 goal (I’m 51 for those not in the know) improved by 0.65%. This was a nice positive step forward.

Age53_372.png

For those not familiar with my Age 53 goal, I plan in 7 year increments and targeted to have 57% of my expenses to be covered via dividend income and to be at 115% for my next 7 year target at age 60. Why 115%? This was based on a multiple bear market/crash analysis I performed back in 2018 that showed my optimal portfolio to withstand a long term bear market with high inflation would be to have dividend income of 115% of expenses and the equivalent of 9 months of expenses in cash. - Comments: 0

January Dividend income - 02 Feb 2020 13:15

Tags: monthly_income

clocking_in.png

After 33 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 January I made $3,224; an increase of 10.6% versus this time last year. I target a growth rate of 12.5% but my tracking metrics show the bulk of my year over year growth occurs in the last month of a quarter so I am not too concerned being under my target.

In regards to buying, I increased my position in Weyco Group (WEYS) and started a new position in WestRock (WRK).

365_1.png365_2.png

In my M1 Finance account, I continued with my weekly $120 contribution for a total of $480. The overall dividend yield of my M1 pie increased to 3.361%. While there have been a few dividend raises the bulk of the increase was attributable to market loss as the DOW & S&P 500 retreated in the last few days of January.

Overall my M1 Finance accounts contributed $4.49 to this month’s dividend totals. Not breaking any speed records but it is nice to see whole dollars versus cents.

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

M1_365.png

My age 53 goal (I’m 51 for those not in the know) improved by 0.85%. This was a nice positive step foward.

chart.png

For those not familiar with my Age 53 goal, I plan in 7 year increments and targeted to have 57% of my expenses to be covered via dividend income and to be at 115% for my next 7 year target at age 60. Why 115%? This was based on a multiple bear market/crash analysis I performed back in 2018 that showed my optimal portfolio to withstand a long term bear market with high inflation would be to have dividend income of 115% of expenses and the equivalent of 9 months of expenses in cash. - Comments: 0

December Dividend Income - 01 Jan 2020 14:17

Tags: monthly_income

clocking_in.png

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 December I made $3,090; an increase of 25.1% versus this time last year. I target a growth rate of 12.5% and as I predicted last month it appears the bulk of my purchases and dividend raises seem to impact that last month of a quarter which was validated.

For the year I made a total of $‭32,382.65‬ which was a 14.4% increase from my 2018 dividend income and almost a full 2% better than my targeted growth rate of 12.5%. Hopefully 2020 will be as kind to me.

In regards to buying, I increased my positions in Pfizer (PFE), IBM (IBM), Goodyear Tire (GT) and started a new position in Brookfield Property (BPR). I did have a rare sell when I sold-off Westwood Holdings (WHG) which does not look capable of supporting the dividend going forward and this sell will not affect my dividend income until the second quarter of 2020.

355_1.png355_2.png

In my M1 Finance account, I continued with my weekly $120 contribution for a total of $600. The overall dividend yield of my M1 pie decreased yet again to 3.238%, There were no dividend cuts so this was all attributable to market returns as the DOW & S&P 500 continue their streak to record levels.

Overall my M1 Finance accounts are finally starting to gain dividend momentum as it contributed $7.68 to this month’s dividend totals. Not breaking any speed records but it is nice to see whole dollars versus cents.

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

M1_355_1.pngM1_355_2.png

My age 53 goal (I’m 51 for those not in the know) improved by 0.48%. This was lower than last month but not surprising due to selling of my Westwood Holding (WHG) position.

Age53_355.png

For those not familiar with my Age 53 goal, I plan in 7 year increments and targeted to have 57% of my expenses to be covered via dividend income and to be at 115% for my next 7 year target at age 60. Why 115%? This was based on a multiple bear market/crash analysis I performed back in 2018 that showed my optimal portfolio to withstand a long term bear market with high inflation would be to have dividend income of 115% of expenses and the equivalent of 9 months of expenses in cash. - Comments: 0

November Dividend Income - 30 Nov 2019 12:48

Tags: monthly_income

clocking_in.png

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 November I made $2,375; an increase of 11.4% versus this time last year. I target a growth rate of 12.5% to meet my FI goal and came in below my target. After tracking year over year monthly gains it appears the bulk of my purchases and dividend raises seem to impact that last month of a quarter so I am expecting a much better December growth rate.

In regards to buying, I made only one small transaction this month in my IRA buying a small position in the Weyco Group (WEYS).

345_1.png345_2.png

In my M1 Finance account I made a mistake with the type of account and luckily noticed it before the portfolio became too big. I originally thought I opened a joint account but it was a single account. This is important to me in case I pass away as none of the assets will be tied up in any probate and my wife can access the funds with no issues. I decided not to sell the old account as I did not want to have 55 short term capital gains to file for fractional shares so instead I located the beneficiary form and added my wife as the beneficiary. That said, I hit the reset button and going forward I will only show the new joint account balance & return.

For the month I contributed $480 and for being only a month old I still made a small gain. The overall dividend yield of my M1 pie decreased yet again to 3.254%, There were no dividend cuts so this was all attributable to market returns as the DOW & S&P 500 continue their streak to record levels.

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

M1_345_1.png
M1_345_2.png

My age 53 goal (I’m 51 for those not in the know) improved by 0.5%. This was lower than last month but not surprising as I limited my stock purchases this month.

Age53_345.png

On the home front, we are getting excited as my oldest will graduate from college next month. Taking AP classes & college night classes while she was in high school eliminated a semester which saved her $6000 in tuition. Her next major milestone will hopefully be to secure a career in the field of Human Biology. She has been focusing on completing a research grant, which she wrapped up last week, and has not yet focused on job hunting. Fingers crossed that she starts and someone makes her an offer. - Comments: 0

October Dividend Income - 04 Nov 2019 22:14

Tags: monthly_income

clocking_in.png

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),

339_1.png339_2.png

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

M1_339_1.png
M1_339_2.png
M1_339_3.png

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.

chart.png

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

September Monthly Income - 30 Sep 2019 21:57

Tags: monthly_income

clocking_in.png

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.

I couldn’t wait for this month’s income report as it represents a full year since I started tracking my monthly income and I finally get to report a year over year comparison! With that said, this is the start of all new metric charts and I hope folks like the new format.

For the month of September I made $2,690; an increase of 19.4% versus this time last year. I target a growth rate of 12.5% to meet my FI goal and I was extremely pleased with how much I exceed my target.

For the month I made no individual stock purchases in any of my accounts but I have been making regular investments via M1 Finance. Tomorrow I’ll make my monthly Roth IRA contribution of $540 that will bring the cash balance to above $1K and anticipate a REIT buy next month for my Roth,

329_1.png329_2.png

In my M1 Finance account I added $480 in regular contributions plus a one-time $650 deposit from a surprise bonus I received at work for a total investment of $1130. All of my sector sub-pies showed positive overall gains for the month but those gains come at the expense of portfolio dividend yield as the yield dropped from 3.5% to 3.35%. For the month my M1 account made 70 cents in dividends and more than I expected for just being 2 months into the account. I also provided a link to my M1 Pie for those interested in seeing all of the individual holdings.
https://m1.finance/NCB--FZCZ

M1_329_1.png
M1_329_3.png
M1_329_2.png

My birthday is coming up in two weeks leaving exactly 2 years left on my age 53 goal. I improved my progress on this goal by 0.4% It’s a slow slog but inching forward.

age53_329.png

Progress on my last goal of saving an additional $2,000 of emergency cash improved as I put an additional $500 away bringing my total up to $1150. - Comments: 2

August Monthly Income - 31 Aug 2019 12:27

Tags: monthly_income

clocking_in.png

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 August I made $2,305; a decrease of 4.45% versus this time last quarter. The difference between quarters was due to Canadian Imperial Bank of Commerce (CM) whose dividend payment did not clear into my account until the following month of May so it inflated the earnings. Discounting for CM it would have increased 2.43%.

For the month I made 3 stock purchases in each account with 3M (MMM) for my brokerage, Apple Hospitality (APLE) in my Roth and Prudential Financial (PRU) in my IRA. All three purchases will begin contributing in September.

On Tuesday I will make my monthly Roth IRA contribution of $540 but the balance will be too small to make a purchase next month so no new buys for this account until October.

month_bar_323.pngmonth_table_323.png

Earlier this month I decided to no longer add additional funds to my Fidelity brokerage account and instead will make weekly contributions of $120 to my new M1 Finance account. I have only a few weeks contributing so the balance is very low but as with any account steady contributions will grow this in no time.

M1_323_1.png

As of August 30, my Pie currently has a dividend yield of 3.5% slightly below the 3.54% when I first created the Pie. Since creating the Pie I did decrease my allocation to Telcoms from 9% to 7%. This was mostly due to the fact that since I only have two holdings in Telcom (Verizon and AT&T) they were getting a much larger dollar allocation and by reducing the sector to 7% it has been more reasonable but it did bring the portfolio yield down a bit.

Considering how volatile August was, the portfolio performed overall satisfactory with only my Financials sector under-performing. With all of the lower interest rates and inverted yield talks it was no surprise that this sector under-performed.

M1_323_2.png

Looking at my 3 year goal metric I improved my percent complete by 0.64% from last month. This was a much better improvement from last month and hopefully the combination of using M1 finance and a reduction of auto-reinvesting dividends (I will manually invest dividends in select stocks) in my old accounts will keep this growth rate.

chart.png

Progress on my last goal of saving an additional $2,000 of emergency cash remained the same as last month with a balance of $650. Summer is behind me and as are family vacations. I hope to get back on track as spending should begin to slow down. - Comments: 2

July Dividend Income - 04 Aug 2019 11:46

Tags: monthly_income

clocking_in.png

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 June I made $3,226; an increase of 6.9% versus this time last quarter.

For the month I made only 1 stock purchases in 3M (MMM) for my brokerage account. This purchase will contribute $8.5 beginning in September.

On Thursday I made my regular monthly deposits to my brokerage & Roth accounts ($500 & $580) which will increase my ROTH IRA account balance to over $1K so I expect next month’s stock purchase to be in this account. Since I have turned off reinvesting dividend in my IRA my cash balance there topped $1K but I wasted no time in letting it sit and already purchased Prudential Financial (PRU) after it crashed from ~100/share to $88/share.

month_bar_315.pngmonth_table_315.png

Looking at my 3 year goal metric I improved my percent complete by 0.43% from last month. I noticed the slow progress last month due to inflated stock prices limiting dividend growth. I have since turned off DRIP programs for approximately 25% of my holdings and instead will accumulate the cash and buy select stocks. I should start to see improvement in the next quarter and if not I may have to consider increasing my monthly investments.

Age53_315.png

Progress on my last goal of saving an additional $2,000 of emergency cash remained the same as last month with a balance of $650. July is a big vacation month for me & the family and we used all cash to avoid credit card debt. - Comments: 0

June Dividend Income - 29 Jun 2019 13:22

Tags: monthly_income

I have not posted anything the last couple of weeks as I have been working hard and recently sick. I decided to skip last week and this week’s weekly posting and instead will jump right into my monthly report…

clocking_in.png

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 June I made $2,538; an increase of 6.09% versus this time last quarter. The bulk of the increase came from dividend increases announced in the first quarter that are finally paying out.

For the month I made 2 stock purchases and both were for existing holdings in Chatham Lodging Trust (CLDT) for my Roth and AbbViie (ABBV) for my IRA.

On Monday I’ll ad my regular monthly deposits to my brokerage & Roth accounts which will increase my brokerage account balance to over $1K so I expect next month’s stock purchase to be in this account.

month_bar_307.pngmonth_table_307.png

Looking at my 3 year goal metric I improved my percent complete by 0.53% from last month. Looking at my remaining time to complete this goal (28 months) I need a monthly increase in percent complete of 0.94%.

I have doubts of achieving this goal under current circumstances. Inflated stock prices are a contributor hurting dividend reinvestment and have since reviewed my portfolio to turn off DRIP programs for approximately 25% of my holdings and instead will accumulate the cash and buy select stocks. I’ll give it 3 months to see if this rights the ship, if not I may have to consider increasing my monthly investments.

age53_307.png

Progress on my last goal of saving an additional $2,000 of emergency cash remained the same as last month with a balance of $650. I had too many little emergencies that popped up this month that overran my budget and the cash was reallocated to resolve those problems. This is the second goal I am in danger of not achieving and it is a little frustrating. Guess I need to dig a little deeper and toughen it out. - Comments: 2

May Dividend Income - 31 May 2019 20:47

Tags: monthly_income

clocking_in.png

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 May I made $2,412; an increase of 9.16% versus this time last quarter. The bulk of the increase came from dividend increases announced in the first quarter that are finally paying out.

For the month I made 5 stock purchases. Two were brand new positions in 3M (MMM) and Williams-Sonoma (WSM) and three buys were adding to positions in Leggett & Platt (LEG), Iron Mountain (IRM) and Weyerhaeuser (WY). I haven’t done this much buying in a while but market prices started retreating making some stocks affordable.

I’m tapped for cash right now and markets are continuing to drop making for quite a few decent entry points. I seriously hope that the markets stay depressed through the end of summer so I can capitalize on some decent yields from re-invested dividends to help juice up my forward dividend income.

month_bar_303.png
month_table_303.png

Looking at my 3 year goal metric I improved my percent complete by 0.83% from last month and most of that is coming from all the recent buying activity I have been doing.

chart.png

Progress on my last goal of saving an additional $2,000 of emergency cash increased from $200 to $650. Nice boost from last month but I am still off target by $300. - Comments: 2

page 1 of 212next »

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License