Mid-March 2017 Update

February is officially on the books and on to March buying.  Stock market is still roaring higher and I’m still buying it.    Its getting much harder to find stocks to buy in this market.

Recent Buys
  • VFC (added 29 shares at $51.51, total 50 shares), 3.19% yield.
  • PSX (added 4 shares at $77.97, total 5 shares), 3.23% yield.
  • BF.B (added 15 shares at $47.36, total 18 shares) 1.54% yield.

I’m currently looking at TD about possibly starting that position after the hit it took.  Energy is definitely taking a hit in the past couple of weeks, maybe a good time to add to XOM, PSX, CVX.

I’m continuing adding cash to portfolio and letting it sit on the side lines until things become more “manageable” in terms of pricing.

 

February 2017 Income Update

February has been another crazy month.  Lots of steam in still in the engine room and engine refuses to give up.  I continue to buy in this market and looking for values that are still there to be found.  I’m finally done with the move to Merrill Edge from Robinhood and so far the move has been great.

Overall experience has been great and went on a buying spree at the end of February.  Some of my other purchases were covered on the Mid-Feb update.

Recents Buys
  • QCOM (added 12 shares @ $56.715 for a total of 19 shares) -3.74% yield
  • UPS (added 6 shares @ $105.41 for a total of 7 shares) – 3.15% yield
  • KO (added 8 shares @ $41.699 for a total of 41 shares) – 3.55% yield
  • HRL (added 10 shares @ $34.79 for a total of 24 shares) – 1.95% yield
  • DIS (added 2 shares @ $109.64 for a total of 3 shares) – 1.42% yield
  • VFC (added 12 shares @ $52.89 for a total of 21 shares) – 3.14% yield
  • XOM (added 10 shares @ 81.06 for a total of 12 shares) – 3.70% yield
  • TGT (added 33 shares @ 57.95 for a total of 60 shares) – 4.14% yield
Contributions/NEW CAPITAL

New capital for this month was $3,299.45, not as high as I hope to save/invest because I had some unexpected bills that came up.   Its still higher then my average monthly new capital contributions for 2016 by $162.37, thats a success in my book so far.  Thats 2 months down, 10 more to go and plenty of time to recover and achieve the 2017 goals.  New capital for the year is at $10,220.58.

Dividends received

I’m finally starting to have data for 2016 which I can compare to see the growth that is happening across my portfolio.   February 2016, I clocked in $12.70 in dividend income, in 2017, that number jumped to $105.52.  More than 7x in growth.    My goal is to live off this portfolio in the future so I’m racing as fast as I can to continue to put in growths in the charts.

DIVIDEND INCREASES

This was a good month for increases, lots of my holdings increased the dividends bringing in $13.87 in new dividend income for the year 🙂  My portfolio average dividend growth is 8.30%.

Bring on March, we are ready for you.

The portfolio ending balance for February is $55,098.60

Thanks for reading.

January 2017 Update

Well, January 2017 is finally on the books, this is the second update in January which highlights the buys that were not covered on the mid-month update and all the new contributions.

The stock market is proving resilient to all the bad news, its good and bad news and regardless, I’ll continue to add and buy while others decided to stay on the sidelines.  The best money is the money that works for you.  Keep Calm and Carry on.

Recent Buys
  • TGT (added 17 shares @ $66 for a total of 27 shares), yielding 3.6%
  • WBA (added 5 shares @ $84 for a total of 6 shares), yielding 1.8%
  • LOW (added 3 shares @ $71.35 for a total of 10 shares), yielding 1.96%
  • GILD (added 8 shares @ $71.60 for a total of 10 shares), yielding 2.63%
  • MO (added 5 shares @ $69.77 for a total of 21 shares), yielding 3.51%
  • VFC (added 3 shares @ $51.58 for a total of 9 shares), yielding 3.26%
  • CSCO (added 8 shares @ $30.20 for a total of 42 shares), yielding 3.47%
Contributions/New Capital

On my goals post, I highlighted how in 2016, I averaged $3,137.08 in new capital and 2017, the goal would be to be able to add new working capital to speed up the process. Well, I’m $6,921.13 which came in from side gigs, rental income profit, selling trade lines and savings from earned income, well over my stated goal and I hope to be able to maintain it throughout the year.

Dividends Received

January 2016, I received a total of $5.47 in dividends and this year, since discovering the power of dividend investing in the Summer of 2016, I have been very aggressively adding new capital to speed up this second income stream which is starting to pay off.  January dividends are clocking in at $52.98,  over 10 times last January.

Dividend Increases

A few holdings that are part of my portfolio announced increases, this is great news as the same shares are earning much more money without me lifting a finger.

  • SPGI – increased 13.89%
  • CINF – increased 4.17%
  • D – increased 7.86%
  • KMB – increased 5.43%
  • O – increased 3.95%
  • ED – increased 2.99%
  • OHI – increased 1.64%
  • EPD – increased 1.23%
Portfolio notes

January kept going up and I thought that there was nothing that could bring the value down for January, but it looks like the forces of gravity are far greater than any Trump Bump and the last few days have been very volatile.

The portfolio briefly touched $50,043.15 on January 25th and is back down to $49,568.14 to finish the month.   Still great growth with new capital that was deployed.

The portfolio finished 2016 with a value of $41,953.73. This means that in the first month of the new year, the portfolio size increased ~17% which is great news if I can maintain this throughout the remaining of the year.

Forward dividends are $1482.70, for 2015, total dividends received was $366.01.  An impressive change. Goal is to be $3,000+ for total dividends received.

1 Month down, 11 more to go 🙂

Thanks for reading.

2017 Goals

2017 is finally here and I am more than ready for what it can bring us.   I believe this will be the best year ever in terms of what new skills I have learned.

DGI and Savings

This will be the first full year of Dividend Growth Investing and I can’t wait for what it will produce.  Plowing every possible cent in the brokerage account and making it investable dollars.

The savings average per month in the taxable account last year was $3,137.08 and in 2017, I hope to at least double that.  Goal for 2017 is $6,274.16+ which should translate to $75,289.92 in new capital from savings along, not including rental and side gigs. A hefty goal indeed.

I’m working on a way to publish my portfolio so you can be shown in real time. Stay tuned.

Rental Income

I raised the rent on one of the apartments since it had been a while since I raised it.  Total expected rental income profit per month will be $1,460, $17,520 per year in passive income.  All this extra income will go to brokerage account.

Other Gigs

Credit Card Trade lines should bring in at least ~$10k in additional passive income. Network monitoring for my friend’s office, $125/month, $1,500 per year.

Final Thoughts

My main idea for this blog will be to document my achievements so I can look back and see how much progress was made.   What could I have done better or worse.

Thanks for reading.

– Div Tech Guy

 

 

 

December 2016 Update + Year In Review

2016 was the year I discovered two things that are taking shape in my financial life.  One is the path for Financial Independence that is achievable in a short period of time if we just focus and Dividend Growth Investing.

I am now extremely hungry for both FI/RE and Dividend Growth Investing.  I have cut down my expenses, low hanging fruit without changing a whole lot.

This blog/journal will help me achieve and keep in sane so I can look back and see the achievements that I have done.

Notable financial things that happened in 2016

  • Second home purchased
  • First year of First Property be 100% rented/occupied
  • Discovered the power of Dividend Growth Investing
  • Read 10 more books than 2015
  • Finished the year with $41,963.18 in taxable brokerage account that will produce about $1,503.90 in yearly dividends.
  • Started side gigs to generate extra capital to invest in taxable account

2016 I can say was a good year in terms of savings. I started saving aggressively into the taxable brokerage account adding a monstrous $37,644.92 in new capital, an average of $3,137.08 a month.  I hope that 2017 will continue to bless me in ways that I can not even imagine.

XIRR return for the portfolio currently sits at 16.64% and since the inception has generated $401.87 in dividends, 2017 will crush that.

Dividends Received Since taking changing focus from speculative to long term investing into good Dividend Growth Companies.

As you can see, the portfolio really started to take shape after September when the second stage of transformation happened.  Hopefully I can continue to contribute at such levels God willing in 2017.

Purchases

I continued to add to existing positions for December and opened new positions.

  • OHI (38 stares @ ~$30)
  • JNJ (7 shares @ ~$110)
  • MA (2 shares @ ~$103)
  • CSCO (12 shares @ ~$30)
  • and other smaller additions.

Goals for 2017

  • Double current savings rate to at least $6,000/monthly average.
  • Finish the year with at least $150,000 in taxable brokerage account. That means I need about $108,000 from where I am now if there is 0 growth in 2017.
  • Generate at least $40,000 in side income
  • Go on a trip to Asia with the Wife.

2017 will definitely be more active on this blog. See you at the other side 🙂

Thanks for reading.

God Bless.

– Div Tech Guy