Tuesday, July 23, 2019

Recent buy: MMM, GIS, CLX, MO ...

$15,183 USD got put to work today. The cash position was growing too large.
The load is the following:

Description  Type  Symbol/ CUSIP  Quantity  Price  Amount 
Buy AT&T INC  4 $32.01 ($128.04)
Buy AT&T INC  1 $32.02 ($32.02)
Buy REALTY INCM CRP MD PV$1. REIT  2 $69.28 ($138.56)
Buy AUTOMATIC DATA PROC  ADP  5 $168.22 ($841.11)
Buy TJX COS INC NEW  TJX  10 $54.60 ($546.00)
Buy ABBOTT LABS  ABT  10 $88.48 ($884.80)
Buy GENL DYNAMICS CORP COM  GD  9 $185.21 ($1,666.89)
Buy ROSS STORES INC COM  ROST  10 $106.57 ($1,065.70)
Buy PHILIP MORRIS INTL INC  PM  10 $86.33 ($863.30)
Buy ALTRIA GROUP INC  MO  10 $50.14 ($501.40)
Buy COLGATE PALMOLIVE  CL  12 $72.22 ($866.64)
Buy COCA COLA COM  KO  20 $54.22 ($1,084.40)
Buy KIMBERLY CLARK  KMB  8 $134.85 ($1,078.80)
Buy CLOROX CO DEL COM  CLX  20 $163.84 ($3,276.80)
Buy GENERAL MILLS  GIS  15 $52.48 ($787.20)
Buy 3M COMPANY  MMM  8 $177.67 ($1,421.36)

Some of the purchases are good value, and yield higher. Some are lower yield, more expensive, but have very high growth rate. So I balance my portfolio with both. Since I'm young, my portfolio is more tailored to higher growth less high yield. I am looking for dividend and capital gain growth. The dividend, I can tailor later on for more income as I am older.

The portfolio's total dividend income per year shot up a few hundred. It now sits at $18,793
So close to the $20K barrier! This will be a big milestone, trying hard to achieve it soon.

Cash position sits now at $6842. The cash position will grow back up again soon, and I can again deploy it again. Hopefully by that time the market is at a lower point.

Happy Investing

Saturday, July 13, 2019

June 2019 Portfolio Summary

The S&P500 has been increasing. Right now, this is a high quality problem. On one hand, since my portfolio is around $730,000 the capital gains is large. However, it makes it very hard for me to add additional shares to my portfolio to raise my dividend income. I am not a fan of overpaying and as a result my cash position has slowly been growing. Right now I have around $20,000 in cash and am trying to find a way to deploy it.

Monday, July 1, 2019

June 2019 Dividends Received

June was a very good pay day. There was a large diverse bunch of companies that paid in June. $1750 is already a good amount to pay for monthly bills.

The purpose of this portfolio is to build and grow passive income. The sky is the limit to how big this income stream can be built to. Time is a very important resource in investing. To take full advantage of my situation, I started investing very early to get a snowball rolling.