November has been a crazy month. First there was the big dip during the election over night, then a quick recovery and into positive territory.
It was a big shopping month where I added to a bunch of existing positions.
- and a few others
Since I use Robinhood to invest, I can add small positions and not have to worry about commissions, its always 0% of my investment.
November had also a few other nice little surprises with Dividend Increases.
- MSFT increased 8.33%
- MO increased 7.96%
- LMT increased 10.30%
- EMR increased 1.05%
- AFL increased 4.88%
- V increased 17.86%
- TXN increased 31.58%
- CVX increased 0.93%
- SBUX increased 25%
- MCD increased 5.62%
I track income two ways, average monthly income if I spread all the dividends and monthly income from dividends alone.
Dividend Income: $46.21
Average Monthly Income: $110.77
These figures don’t include amounts from Roth IRA since I’m planning on retiring early and those funds wont be accessible for my day to day expenses.
Since the beginning, my ultimate goal that has always been in the back of my mind is total Financial Independence so my wife and I can travel the world.
We started investing and saving a large portion of our income at the beginning of the year. As of today, we are saving on average $4500/month on track for 2028 for total FI to have the portfolio produce enough income to support us with dividends. We are also investing on Dividend Growth Stocks with a long track record of paying dividends and increasing them over time.
We are cutting back on things that we don’t need in the house such as Cable TV and any little bucks that we can scrape here and there or savings from coupons, we transfer to our brokerage account so we can purchase stocks as they come on sale.
Current Stats: (Does not include Roth IRA as it will not be usable if we retire early)
- Monthly Portfolio Income $100.48*
- Current Portfolio Size: $34,515.33*
I’ll start doing a financial update on the end of each month to document my progress and keep me in check.
October has been one of the wild rides and been just chugging along and buying everything that is on sale that money can buy so I can start opening positions.
Dividend Income for October $23.45
Portfolio Size: $26,880.72
Here is a list of great resources for you to keep reminded of the current “blip” that we are experiencing. Basically Keep Calm and Carry on!
What The Great Recession Taught Me About Dividend Growth Investing
Dividend Growth Investing Requires Perseverance
Dividend Investing During the Financial Crisis
Miller’s “The Single Best Investment”
Now is the time to keep buying as basically everything remains on sale. Look at companies that have solid balance sheets and can weather any storm.
Stocks crashed yesterday and for anyone that is long term, need not to worry, as long as you are in solid companies none of the fundamentals of the companies changed. Here is an excerpt from “The Intelligent Investor” by Ben Graham and how you should see how the news was presented yesterday.
Stocks are crashing, so you turn on the television to catch the latest market news. But instead of CNBC or CNN, imagine that you can tune in to the Benjamin Graham Financial Network. On BGFN, the audio doesn’t capture that famous sour clang of the market’s closing bell; the video doesn’t home in on brokers scurrying across the floor of the stock exchange like angry rodents. Nor does BGFN run any footage of investors gasping on frozen sidewalks as red arrows whiz overhead on electronic stock tickers.
Instead, the image that fills your TV screen is the facade of the New York Stock Exchange, festooned with a huge banner reading: “SALE! 50% OFF!” As intro music, Bachman-Turner Overdrive can be heard blaring a few bars of their old barnburner, “You Ain’t Seen Nothin’ Yet.” Then the anchorman announces brightly, “Stocks became more attractive yet again today, as the Dow dropped another 2.5% on heavy volume-the fourth day in a row that stocks have gotten cheaper. Tech investors fared even better, as leading companies like Microsoft lost nearly 5% on the day, making them even more affordable. That comes on top of the good news of the past year, in which stocks have already lost 50%, putting them at bargain levels not seen in years. And some prominent analysts are optimistic that prices may drop still further in the weeks and months to come.
The newscast cuts over to market strategist lgnatz Anderson of the Wall Street firm of Ketchum & Skinner, who says.
“My forecast is for stocks to lose another 15% by June. I’m cautiously optimistic that if everything goes well, stocks could lose 25%, maybe more.”
“Let’s hope lgnatz Anderson is right,” the anchor says cheerily. “Falling stock prices would be fabulous news for any investor with a long term horizon. And now over to Wally Wood for our exclusive AccuWeather forecast.”
Happy Investing. Lets keep on investing.