Tuesday, December 19, 2017

Updated post December 2017

Updated for Dividend Pursuit

First, I would like to apologies for not keeping everyone updated on latest news with Dividend Pursuit. It has been a roller coaster year to say the least. I keep this post brief to bring everyone update and our new philosophy as far as investing goes.

Towards the end of 2015 we made a drastic change to rent out our single family and move with relatives to both save and start from scratch financially. We use the time to reduce our debt to zero. Towards the end of 2016 came a chance to buy a new property as we look at the low inventory in the market we end up deciding to buy a multi-family home. We would live in it and rent out the remaining space. To reach this new found goal we decide to sell the single family and start all over.

In March 2017, we finally closed on a multi-family with potential 4 apartments. The biggest unit was a townhouse style which we currently occupy. In the process I decided to sell all my stocks holding in April given that the market was high enough for my liking. However, hindsight 20/20 may I should stick it out. This proves you cannot time the market. We also bought a new car, a 2014 Honda Accord. We like Honda for its reliability and maintenance free. Our previous 2007 was total loss in 2016 and we never had any issues with it expect for 3 car accident it was involved in, but we fixed it and it continue to be reliable. We also have a 2009 Pilot which has been great so far.

Anyway, we are currently re-building our six month living expenses, three month emergency expenses and a new house down payment accounts. Once we achieve this will be able to continue to invest more often. While we sold all or most of our holdings, we kept Exom (XOM) until 11/27/17 when we finally pull the trigger and sold 37 shares we had left.

As of 11/28/17, we decide it was time to start investing again. However, this time I will focus on investing at least once a month and will build month dividend payers first and afterwards concentrate on stalwarts that will anchor our portfolio for years to come.

Here is what we purchase so far since 11/28/17
STAG 20 shares @28.45 +6.95 commission Total = $575.93
MAIN 5.985 shares @40.28 +3.95 commission Total =$245.00

We Will continue to add to this two stocks as they be a base for our portfolio as we continue to build our base for early retirement portfolio. Also our current rental income is having a positive cash flow of $300.00 currently. as we continue to build our income and diminish our debt will see this grown more and more.

Thanks for reading

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.

December 2022 Dividend Update