Monthly Archive: October 2015

I’ve owned Johnson and Johnson (JNJ) in my personal account for some time. Recently, there has been a nice price dip in the company and I’ve been able to pick it up for my Joint account that I disclose to all of you.

Back in September, I bought 10 shares of Johnson and Johnson (JNJ). I regret not being able to post about it at the time, but I want to rectify that by sharing it now. I bought those 10 shares at $91.28, which is a better deal than you can get today, but I think it’s still a good buy today as well if you’re looking.

Today, JNJ’s P/E ratio is 16.54, and the dividend yield is 3.19%. This investment adds $30.00 to my yearly dividend income, and $2.50 to my average monthly income. JNJ is also a Dividend King and has raised their dividend every year for 53 years! That’s the kind of history I can get behind.

Putting me at $335.22/$500.00 for the annual passive income goal and $27.93/$100.00 for the monthly passive income goal.

This purchase doesn’t bring me to any major milestone, but it is the first stock in this portfolio that will pay a dividend in February, May, August, and November. So those months will no longer be $0 dividend months for me, and I’ll now be getting dividends every month of the calendar year. So that’s cool!

This has been a rough year financially for me, so I haven’t paid as much attention to this blog for the past several months. I just went through and back filled the dividend income posts since March. We’re all caught up now, so without further ado, here’s September!

I think it’s important to celebrate wins on the path to your ultimate goal, no matter how small. Sharing my dividend income results with you readers gives you some insight to what is possible as you begin your journey.

My ultimate goal is to be able to live off of the passive dividend income from my investments, so I can just stay at home and play video games. Here is the money I made in September 2015 without lifting a finger.

WMT – $5.95
CVX – $9.83
EMR – $7.64
MCD – $9.52
BP – $30.86
LMT – $7.61

Total: $71.41

Compared to the dividends I earned in June ($70.64), I earned almost a whole $1 more just due to compounding. I find this fascinating because none of these companies have raised their dividend, but I’m earning more free money than I did 3 months ago.

March, June, September, and December are my big months, and most of these companies are due to raise their dividends for December’s payout. So I’m really looking forward to seeing what my December income looks like.

Life is full of choices. The choices we make are driven by our desires, but quite often, those desires are contradictory. I want to lose weight, but I also want to eat delicious food. I want to go out for drinks, but I also want to save money and invest it for the future. Unfortunately, we can’t have it all.

It can be especially frustrating when those contradicting desires escalate to actual needs. For instance, needing time away from work to care for your child, but still needing to work to support your family.

As investors, we often find ourselves with competing interests of the long term rewards of buy and hold investing, and instant gratification. Living a completely frugal and spartan life style can take its toll on your mind or those around you.

As you might have expected, my answer is found in games. Games force us to make these choices all the time. Do I risk my safety to get that mushroom? Do I sacrifice my toughness so my Wizard can deal more damage? The magic word is “Balance.”

There’s a saying “Everything in moderation.” To live in any extreme has consequences, so we must always try to reach a balance between our desires.

There is no golden ratio in your life either. Balance is a moving target, and you must constantly re-evaluate. While a 50% savings rate might make sense this month, next month it might only be reasonable to save 20% of your income.

This concept can be difficult because it takes self control. That self control can be difficult to maintain when you look around at others and it seems like they “have it all.”

There’s always going to be that guy or girl that seems like life was handed to them on a silver platter. Money, looks, and time seem to be abundant for them. However, the truth is that you’re just not seeing the sacrifices, or the things that come hard to them. Maybe, they don’t have any meaningful relationships. Maybe they struggle to achieve anything new because they’ve never learned how to persevere through the struggle.

You can’t have it all. There’s always going to be something you need to sacrifice to satisfy one of your desires. This is true for you, and it’s true for them as well.

Besides, other people’s priorities and situations don’t match yours. It’s entirely possible that they’re jealous of you for when you prioritized something they sacrificed. The only person you should be comparing yourself to is who you were yesterday.

Seek balance, and never stop improving yourself. But don’t forget to have fun every once in a while!