Monday, December 16, 2019

Crossed $800,000 today

Markets rose further today after China and US agree on a phase 1 trade deal. My portfolio happen to cross the $800K level today.

The portfolio is moving ever closer to the $1M mark. Steady as she goes.

Saturday, December 7, 2019

November 2019 Dividends Received

Another month passed. That means more cash for the portfolio. The following payouts are listed below from my positions. Note the 2/5/8/11 month payouts are less compared to other months in the quarter, because I hold less companies that pay in these particular months.

Ticker      Total    Taxable         401k
T $273.54 $273.03 $0.51
CLX $182.13 $182.13
PG $126.03 $114.61 $11.42
APD $118.61 $118.61
GIS $91.30 $53.36 $37.94
CL $86.22 $73.52 $12.70
O $73.05 $73.05
SBUX $65.56 $51.43 $14.13
GD $56.17 $56.17
ABT $40.30 $40.30
MA $31.20 $15.65 $15.55
INTEREST $0.18 $0.18
$1,144.29 $978.99 $165.30

Saturday, November 30, 2019

November 2019 Portfolio Summary

In terms of equity pricing movements, November was a good month. The SP500 is pushing the new high barrier, and is well over 3000 now. Despite all the chatter about the trade war hurting the USA, the USA economic indicators shows a robust strong economy, and there are some "signs" that a trade talk with China is progressing better, leading to some more market optimism. I am in the view that the longer the trade war goes, the more it impacts negatively China and the longer this goes the more China will be pressed to sign an agreement, and the longer it goes the less favorable the agreement will be for China. As economic and export indicators show, the USA will suffer but not at the scale of China as many factories which US corporations setup in China will flee to other neighboring Asian countries that do not have these trade problems, such as Vietnam, Malaysia, Taiwan, South Korea, etc. There is actually an ongoing economic boom in many of these China neighboring Asian countries as new factories get setup and people are competing for manpower and resources to meet the new demand.

Putting trade talks aside as this is an investing blog not a political blog, the market treasury yields are all very low, the 10 year is at a measly 1.78%. This impacts equity prices, as lower interest rates means stock prices go up (and stock yields go down). In this environment, it is good if you held existing stock positions, but if you are constantly looking to buy more positions it is a bad time as everything has a very low payout yield due to inflated prices.

Thursday, November 21, 2019

Annual dividend income crosses $20,000 USD

Today, after tallying up recent dividend income that came in which were automatically reinvested, and investing another $2000 further from my own contribution, my portfolio crossed $20,000 in annual dividend income.

The purchases are the following:
CLX: $584
ADP: $849
3M: $494
T: $75

I usually slip in a few AT&T (T) shares at the end of all my purchase batches, since AT&T shares are cheap per share, so I can spend the remainder of my monies left over after buying more expensive share blocks. Trade commissions are free for me. The dividend income now sits at $20,027.54

This amount is increasing at an average of 9.6% and dividend yield is 2.6%, in total with dividend reinvested the portfolio is estimated to grow at around 12-12.5% in 2019. This type of growth I believe will allow my $20,027 dividend income to grow to $22,530 in one year all by itself without any further contribution from my side. This is the power of the double compounding effect that has been driving my portfolio higher year after year (i.e. the company pays dividends every year which get reinvested into even more shares that pay even more dividends, and the dividends from each of the companies increase every year on their own further empowering the dividend each share generates).

I can easily increase my dividend income to over $30K if I invested in higher risk assets or low growth, higher volatility, high yielding companies. I do not like to invest in these types of high yield companies as it exposes me to more risk, less growth. And I do not need to take such risk as I am still young and do not need the income. Instead, I would prefer investing in moderate yielding or even low yielding companies as long as the dividend is growing well above the rate of inflation. For me, a dividend growth rate + dividend yield that is 12% or over is what I find attractive to invest in. Usually that may be a 2% yield plus a 10% dividend growth, or a 1% yield and 15% growth. On average I try to maintain this 12% total dividend growth (with dividend reinvested) figure for my whole portfolio, which my track record has shown has been maintained over the last 6 years.

Friday, November 15, 2019

Recent buy: GIS, KO, CLX

Around 2K added today.

KO: $578
CLX: $435
GIS: $998

These are consumer staple names, been in my portfolio for a long time.

Now my forward annual dividend is $19,958 USD
Getting very close to 20K!

Friday, November 8, 2019

Recent buy: WEC, NEE, XEL

At last, the utility companies are pulling back. I will keep adding on the drops and plan to just average myself in as I want more utility exposure. If they can get over 3% yield that is most ideal. Here are the additions today. The top 3 utilities I like to eye are NEE as Number 1, and then XEL and WEC are my favorites behind NEE. NEE has grown to be in the top 5 list of positions in my portfolio mainly by its own effort. It has a very impressive earnings and dividend growth history spanning decades.

NEE: $221
XEL: $480
WEC: $263

Trades are free for me really so low dollar value trades are not an issue. $964 was invested.

Sunday, November 3, 2019

October 2019 Dividends Received

Here is a tally of all the cash received last month from my investments.

This is a record month. All dividends were reinvested to fund the income snowball machine I am trying to build.

Ticker      Total    Taxable         401k
MO $549.92 $474.56 $75.36
PM $472.03 $415.52 $56.51
KMB $145.23 $102.32 $42.91
XEL $135.41 $135.41
KO $126.95 $126.95
ITW $119.34 $96.57 $22.77
ADP $85.97 $85.97
MKC $72.99 $48.87 $24.12
O $72.84 $72.84
MDT $40.35 $40.35
SYK $35.24 $30.54 $4.70
INTEREST $0.48 $0.48
$1,856.75 $1,557.54 $299.21

Thursday, October 31, 2019

October 2019 Portfolio Summary

I am going to start to title my monthly reports using the month that I am writing in, instead of writing about last month's status, since I usually end up writing my monthly report at the end of every month. This summary will detail how my portfolio is doing for October 2019, as now is close to end of October.

I'll start with the two most important charts, which show the progress of my saving and investing strategy.

Wednesday, October 30, 2019

Recent buy: ADP , T

Bought the following today:

ADP: $2904.84
T: $114.42

My trades are commission free, I always trade with Limits. These are all previously existing positions, just adding more.

Wednesday, October 23, 2019

Recent buy: KMB, MO, D

I bought the following today:

KMB - $1073
MO - $929
D - $413

More dividends to come.

Saturday, October 12, 2019

Recent buy: MO, ADP, GIS, SYK, T, D

I added the following to my taxable account on 10/10 (Thursday).

I now only add to my taxable account as I do not use a 401k with my new employer. I rolled my original 401k with previous employer to a self managed IRA with the same broker I have for my taxable account, so both accounts basically are "one" account, easier to manage. And I can just walk in the same branch and get all the same job done.

I have not contributed to the Roth IRA for many years now since the $5-6K or so annual contribution limit is small compared to the contributions I do to my taxable account. So the extra paperwork, doing the backdoor Roth IRA, and managing multiple accounts is not worth it.

I also want to be able to use my money whatever way I like before old age, so I chose to pay taxes instead of delaying everything. Anyways, below is the purchase list. I tried to mix higher growth stocks with low dividends with high dividend slow growth stocks to balance things out.

Order Date   Trade  Action  Security  Quantity  Buy Price Total Invested
10/10/2019 10:46 AM ET  Buy   MO  30 $43.25 $1,297.35
10/10/2019 10:49 AM ET  Buy   ADP  6 $158.88 $953.27
10/10/2019 11:04 AM ET  Buy   GIS  13 $54.59 $709.66
10/10/2019 11:05 AM ET  Buy   SYK  2 $210.80 $421.60
10/10/2019 11:07 AM ET  Buy   GIS  10 $54.60 $545.99
10/10/2019 11:14 AM ET  Buy   SYK  10 $211.40 $2,114.00
10/10/2019 11:15 AM ET  Buy   T  30 $37.50 $1,125.00
10/10/2019 11:15 AM ET  Buy   D  5 $81.27 $406.35

Friday, October 11, 2019

September 2019 Dividends Received

Below are the dividends I received in September, close to $1800. All of this amount was reinvested back to keep the snowball moving.
It is a new high, and the dividends are pushing ever forward. The snowball looks to be set in motion.

Right now, the overall Portfolio is outputting  $19,518 USD a year after several recent additions. It is getting close to the $20K mark.

Ticker      Total    Taxable         401k
JNJ $251.94 $246.16 $5.78
PEP $210.73 $177.78 $32.95
HD $195.35 $156.75 $38.60
NEE $178.74 $134.44 $44.30
MMM $148.05 $121.73 $26.32
D $138.22 $86.54 $51.68
WEC $130.53 $114.36 $16.17
BDX $77.76 $77.76
O $72.45 $72.45
V $59.60 $45.81 $13.79
MCD $55.59 $55.59
ROST $54.64 $54.64
TJX $49.27 $49.27
BA $45.47 $45.47
MSFT $45.05 $20.02 $25.03
CHD $44.27 $29.62 $14.65
HON $39.25 $39.25
INTEREST $0.37 $0.37
$1,797.28 $1,455.56 $341.72

Monday, September 30, 2019

August 2019 Portfolio Summary

Will post this summary using data as of end of September, a bit behind on my reporting. Will make this short and keep it more visual than text.

Portfolio has been moving up and down around the $750K range for a while. A lot of turmoil in the Sino US trade war, which affects investor optimism. The $1M mark is coming closer, however it will still require a lot of work to get there. I am not sure if I can reach it, but it doesn't really matter, I will just push the goal out another year. It doesn't matter if I hit it one year faster or slower. The goal is the very long term, many decades out. After my first $1M I will shoot for the next million, and eventually each million becomes progressively easier to obtain, and my goal will then be $10M.

August 2019 Dividends Received

Was too busy to post this earlier. August dividends are listed as below.
September is coming to an end as well, will post that report soon.

Ticker      Total    Taxable         401k
T $247.43 $247.43
CLX $170.40 $170.40
PG $125.23 $113.88 $11.35
APD $118.01 $118.01
GIS $83.19 $45.59 $37.60
CL $80.57 $67.95 $12.62
O $72.23 $72.23
SBUX $57.35 $44.99 $12.36
GD $46.73 $46.73
ABT $36.95 $36.95
MA $31.16 $15.63 $15.53
INTEREST $0.61 $0.61
$1,069.86 $908.17 $161.69

Recent buy: T and CLX

The following amounts were added to my portfolio today:

CLX: $1519
T: $1476

I have $10K sitting to invest, so will decide what else to add.
My annual dividends now is at $19,247. It is getting very close to the $20K a year in dividend income mark.

Thursday, August 29, 2019

July 2019 Portfolio Summary

The July review is a bit late, not so much free time this month.
I'll post what happened as of 8/30/2019.

The S&P500 has pushed through the 3K barrier a few weeks ago. Recently stocks have retreated from the highs and are bouncing at some resistance levels below the 3K peak. The trade war with China has escalated, and this is creating uncertainties for many industries that rely on business in China or need goods supplied from China.

Saturday, August 3, 2019

July 2019 Dividends Received

July has ended. And here are the results for dividend income collected. I collect these dividend payments like a landlord will collect his rent checks every month. And then I put the cash to work by reinvesting them in more shares. And the cycle continues. There's not much action or excitement or get rich tricks here, just a very repetitious and regimen-like, boring, but consistent, way of life. Kind of like watching paint dry.

Ticker      Total    Taxable         401k
MO $507.46 $436.84 $70.62
PM $442.26 $387.97 $54.29
KMB $135.97 $93.38 $42.59
XEL $134.52 $134.52
KO $114.07 $114.07
ITW $110.78 $89.64 $21.14
ADP $76.90 $76.90
MKC $72.73 $48.70 $24.03
O $71.54 $71.54
MDT $40.77 $40.77
SYK $35.16 $30.47 $4.69
INTEREST $1.65 $1.65
$1,743.81 $1,454.91 $288.90