August 2022 Dividend Update
A new month and busy as ever, but nothing like taking the time to count the dividend collected last month. Mr. Market keeps going up and down in a seesaw move every single day the market gyrations for sure can cause heart attack if you pay to munch attention to it. I find that finding stable paying dividend companies and keep building my shares with every opportunity is a better long term solutions for me.
Have you been investing and continue to do so with every market gyrations?
Lately I have been selling some stocks I don't see me holding longterm and also this will allowed me to focus on few stocks. We have gone from 87 individual stocks to closer to 65 with the goal to trim down to 60 or fewer this year. Of course the profit in some cases the proceeds have been reinvested in the companies I will be keeping long term.
But with out any further ado, let's review last month dividend collected. We collected a total of $693.25, in dividend last month. Of which $149.34 was in our tax advantage accounts and $543.91 was in our taxable accounts.
WOW, the dividend keeps adding up with each passing months. Last month the dividend would had cover our Car payment $399.20, Verizon fios $74.99, Amazon subscription 14.99, parking payment $35.00 and T-Mobile cell $168.00. This will still leave $1.07, which I could had bought a pack of chewing gum. Truly an amazing month for sure.
In the real estate side of things we also had a positive cash flow for the first time in a long time in our rental properties. All our units are finally rents and everyone is up to date on payment now. We will be working in replenish our reserves and build up cash for a future real estate rental property to add to our portfolio, which will get us closer to FI in the next two (2) years.
How did you do last month? Did you also had a good month?
Thank you for visiting
Disclaimer: Long on all stocks listed
Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.