Monthly Archive: October 2016

Like I mentioned in the last post, I’ve been really busy. I, regretfully, have not had the time to post my dividend income updates for the past few months. So in the interest of transparency and tracking my progress, here is a report of the free money I’ve been getting for being a shareholder of these companies.

June

WFC – $7.60
WMT- $6.21
JNJ – $8.12
CVX – $10.12
EMR – $7.95
IBM – $9.89
MMM – $7.82
BP – $32.58
MCD – $10.20
LMT – $8.57

Total: $109.06

July

KO – $9.11

Total: $9.11

August

VZ – $12.71
YUM – $6.01
AAPL – $10.95
SBUX – $3.81

Total: $33.48

September

AFL – $5.74
WFC – $7.66
JNJ – $8.17
WMT – $6.26
EMR – $17.05
CVX – $10.32
IBM – $9.98
TGT – $9.00
MMM – $7.88
BP – $33.21
MCD – $10.28
LMT – $8.62

Total: $134.17

Where The Hell Have I Been?

I know it may seem like I have disappeared from the face of the earth. In fact, I wouldn’t be surprised if you thought I gave up on the dream of living off of dividends. If that’s the case, then you are so very wrong.

I haven’t had the time to keep up with my blog lately because life has just been very busy between work, social life, and gaming. I have also been busy building my portfolio though. In fact, I’ve probably saved and invested close to $8,000 in that time. This is something I never would have thought was possible while I was still living in Florida.

Since June I have made the following investments:

  • 14 shares of AFL (Aflac) @ $73.21 per share
  • 19 shares of EMR (Emerson Electric) @ $53.25 per share
  • 20 more shares of EMR (Emerson Electric) @ $51.70 per share
  • 20 shares of RDS.B (Royal Dutch Shell) @ $51.64 per share
  • 15 shares of TGT (Target) @ $67.64 per share
  • 13 shares of WMT (Walmart) @ $71.92 per share
  • 40 shares of T (AT&T) @ $37.82 per share
  • 18 shares of SBUX (Starbucks) @ $53.54 per share

This investment activity has also helped me make a killing on my goals for 2016. I know it’s a little early to talk about my 2016 goals with the Holidays around the corner, but I’m just so damned excited!

One of my goals was to save and invest $15,000, and so far I have already saved a little over $20,000. In other words, I did to this goal what Negan did to Glenn (too soon?).

The next goal was to achieve a forward annual dividend income of $600, so the average monthly dividend income would be $50. Thanks to all of these investments, my forward annual dividend income is just a little over $1,000, which achieves one of my long term goals as well. When I realized this, you can bet your legendary bracers that I celebrated with a bottle of wine and some Taco Bell like a boss.

My final financial goal for 2016 was to reduce the margin debit in my personal account to zero. Through selling some of my big bets (that didn’t pay off) and saving some extra money, I was able to get rid of this debt. This wasn’t hard, but I want to put this out there as a cautionary tale, because it’s really easy to dig yourself into a hole and try to get out by digging deeper, and this is far riskier of a strategy than I condone as an investor.

I am not a financial adviser, and this content is all for entertainment purposes. However, I urge you to learn from my mistakes. Using margin to make speculative trades is essentially putting yourself into gambling debt, and when that doesn’t pay off, you can end up trying to use more margin to try to win your way out of debt. This activity is very dangerous, and it’s best to just stay away from it if you can’t trust yourself to be responsible.

The best way to stay disciplined is to always plan your investment strategy and strictly stick to that strategy.

Anyways, I hope you all didn’t miss me too much, I’m hoping to put out some new articles for you in the upcoming holiday season!