Purchase and Sell December 5-20

To buy or sell

The market continues to be volatile in December. The down is at its lowest since early 2017. However, as a long term investor and dividend investor in particular it is time to buy at a discount. If you plan to buy an item you have covetect for awhile but the price was still expensive, wouldn't you buy it at a 20% discount? That is th ekind of mind set you need as a long term investor. It is time to buy at a discount during volatility in the market and not pay attention to market gyrations, that pundits tend to over enphasize or create fear amonst the general masses.

Are you buy or selling during the market volatility? Way back in early November I decided to trim the numbers of stocks I own at the time from 80 to 60. I began the journey with some turmoil and daily gyrations at the time. Some I sold turn out to be a good sell highsight 20/20. however, my intentions were not to sell due to market condictions. It was merely to lower the amount of stocks I am currently tracking due to other ventures that requires my attention.

Now lets see some of the activity that has taken place since December 5th in my account. without further ado... let us review the stocks sold first:

December 6, 2018

AGNC 18 shares @ $17.70 total $318.60

December 11, 2018

PAA 10 shares @ $22.32 total $223.25

PFE 3 shares @ $44.08 total $132.26

Decemeber 12, 2018

PCH 8 shares @ $35.18 total $281.45

Totol proceedes $955.56, was all put to work immediatelly on other stocks I wish to keep long term. It may come to a point where I could invision buying some of this stocks again. At the moment however, they do not fit in the fund.

Now let us look at the stocks I purchase or add more shares to:

Decemeber 6, 2018

DIS 3 shares @ $113.32 total $339.96

Decemebr 11, 2018

LEG 10 shares @ $37.64 total $376.40

MAIN 4 shares @ $37.42 total $149.68

December 12, 2018

IRM 14 shares @ $34.27 total $479.78

December 14, 2018

MAIN 6 shares @ $37.45 total $224.69

December 18, 2018

CB 2 shares @ $125.40 total $250.81

I Spend total of $1444.92 adding new shares and start a new position in Iron Mountain (IRM) they operate a highly durable business with consistent cash flow, it engages in the provision of storage and information management solutions. Its businesses operates in from its headquarters in boston to Asia pacific, Europe, Africa, Latin America and Western Europe. It has a range arrays of business serving customer worldwide and protecting their data and mission critical infrastruture.

IRM also just raised its dividend from $0.5875 to $0.611, that is an amazing 4% increase last quarter Ex-Dividend date was December 14, 2018.

What do you think of recent purchases and sale? Are you buying on this market condictions at a discount?

With the resent transactions I added $23.18 in forward yealry dividend, total yearly dividend is now at $1590.76.

What are you buying during the market volatility?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed, except for AGNC, PCH, PAA and PFE

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. 

Dividend Raises 4th Quarter

4th Quarter Recent Dividend Raises 

As a dividend stock investor, this is the best news possible. When stocks you hold announce that they will be share even more of their wealth with the investors. I received six (6) such wonderful news and they all contribute to future growth on my FIRE fund. The most amazing thing is that I did not have to do any work. Most of the work was already done, when I took the initiative to buy the stocks.

Let us review recent raises:

Raise December-January

Disney -DIS raised its dividend by 4.8% from $0.84 to $0.88.

Legget Platt -LEG raised its dividend 5.6% from $0.36 to $0.38.

WP Carey -WPC raised its dividend .50% from $1.025 to $1.03.

Ventas -VTR raised its dividend 4.84% from $0.79 to $0.7925.

WD-40 WDFC also raised its dividend by a whopping 13%, wow...the dividend went from $0.54 to $0.61. Nice raises overall. With this raises my forward yearly dividend is now at $1567.58.

Did you received a similar raises? 

As a federal employee, I may not get a raise at work this year. However, my stocks are really showing me some love here with dividend increases that are keeping up with inflation. Inflation erodes the power of dollar on a yearly basis. That is why I am an investor, the dividend paying stocks I invest in raise their dividend yearly, when they don't or cut dividend I either sell or re-evaluate why I purchase it in the first place. I am on a path to sell some holdings just to make things simple, until I reach Financial Independence (FI) when I do I may repurchase some of them. I also Invest In real estate to generate some cash flow. 

How are you doing with your investment, are they generating more income for you passively?

Thanks for visiting 

Dividend Pursuit

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. 

November 2018 Lamdlord Report

November Landlord report

As of October 2018, I am separating income received from Stocks versus passive income received from rental property. This is a way to simplify my tracking of dividend received compare to my goal to reach FIRE. Although both will contribute to reaching that goal. I will also gear this post toward anything relate to being a landlord and how much time it takes and expenses and my overall experience dealing with tenants.

$65/hour managing this property

Let us review last month report as landlord. Again last month saw a positive cash flow as landlord. Property #1 has 4 units, 3 of the four paid on time for a total of $3700.00. The fourth (4th) unit we finally had a day in court after I execute the eviction process. I did made one mistake by not looking at the expiration date on the execution. So this cost me two weeks, I had to go back to court and to get another hearing and ask the judge for another execution. 

On November 13, 2018, I head back to court and the judge finally grant me an execution. I immediately had the sheriff serve the execution and schedule an eviction for the following Monday. The tenant finally moved out on November 15th. The tenant had already paid First and last and security deposit. Overall the court grant me the security deposit for late payments and last. This closed the tenant account still owing me $620.00 in past due account. I could go to small courts to get this final payment, but it would be a waste of my time at this point, better to move on.

Overall, I pocket security deposit for the month, so total income for the month equal $4700.00. 

Income  $4700.00

Expenses :
Mortgage -$2171.00 
Utilities -$263.17
Material for upgrades -$380.00

Total Expenses -$2814.17

Cash Flow $1885.83

Overall another solid month $1885.83. I spend a total of 29 hours last month managing this building, that is $65 an hour pay.  

The time spent here includes some updates needed for the unit for a turnaround before it is placed back in the market for rent. I still will need 3 to 4 more weeks before I can complete this project. As I will only dedicate 2 days out of my week , when I am not working on my full time job. 

Still a positive cash flow for the month. The proceeds are being put to work in the market, savings account for a new property and I am also tapping into the account to pay for my other expenses at the moment.

What is your excuses for not being a landlord? $65 a hour Job!

Thanks for visiting!

Dividend Pursuit

Recent Purchase November 17-December 4 2018

Recent Purchase November 17 - December 4 

The Market volatility continues to make headwinds. It seems this days that every expert and analysts has difference of opinion on how to proceed during the volatility. However, any long term investors need to stomach the pain that the market may bring on the downswing and be prepared to save cash for the down-market where opportunity will present it self to add more shares to moat stocks, that can be bought and hold for long term.

It has been awhile since I made an update on recent purchases. It is now that time to see where capital were deployed and how this impact the portfolio. The goal of sell stocks to minimize the number of stocks on the portfolio is still of goal of mine. I will continue to trim positions and deploy the funds to stocks I envision holding for long term (10- years or more). 

Also on my mind is the current situation with Robin Hood, clearing house. They switched last month from APEX to their own clearing house Robin Hood Financial. Last month my dividend payout did not paid on the date promise. There has been multiple back and forth with them to ratify this. I just was not expecting to do that after switching from Capital One Investing. However, I do like the fact the transactions are free. So will wait and see how things develop on that end.

However, during this period I did not sell any new stocks, but made four (4) small purchases to continue to grow my portfolio. Coming off a record month in dividend collected will surely add more fire to the burning desire to reach my milestone "FIRE" sooner rather than later. 

Now let us take a look at what I purchase without any further ado....Here is what I purchase last period:

November 20, 2018

ADM 3 shares @ $45.70 total $137.70

November 28, 2018

AGNC 6 shares @ $17.74 total $106.44

November 29, 2018

PFG 6 shares @ $49.70 total $298.20

December 4, 2018

QCOM 3 shares @ $57.79 total $173.37

The purchase brings my total forward yearly dividend to $1565.89, after adding $37.38, with this purchase. ADM purchase added $4.02, in forward yearly dividend. AGNC purchase adds $12.96, in forward yearly dividend. PFG purchase adds $12.96, in forward yearly dividend. QCOM purchase adds $7.44, in forward yearly dividend.

What do you think of recent purchase?

What are you planning or buying now?

Are you staying in the side lines or buying with the current market volatility?

Thanks for visiting

Dividend Pursuit

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. 

November dividend payout

November 2018 dividend payout

It is every investor favorite time of the month. Time to collect and count the dividend from previous month and either DRIP or re-invest the dividend with add new capital. I choose the latter as this give me a better option to deploy capital where the stock may be down and it also gives me a chance to average down on my initial purchase. Do you re- invest or redeploy the dividend to a new stock?

Now without further ado lets see who pay me last month. A total of 32 different companies share their wealth in form of dividend payout last month. Now let us recap who and what they paid.

CVS     $3.00

NWFL  $1.10

BMY    $0.80

T           $4.50

VZ       $9.04

TD       $1.53 

ABM   $1.05

HEP     $8.65

AGNC $2.16

BPL     $8.25

PAA    $3.00

CFG    $2.70

O         $2.21

OKE    $5.13

PG       $7.17

ABT     $1.40

CAT     $3.44

CINR   $5.10

CL       $3.36

PAYX  $5.60

WES    $9.65

OHI     $12.54

MAIN  $3.90

EPR     $3.24

ABBV  $12.48

HCP     $4.07

FAST    $4.00

DAL     $2.45

LTC      $1.90

SBUX   $4.68

PCH      $0.48

LND     $5.44

PBA      $0.19

Total $144.21

Wow....truly amazing that we able to invest and passively collect paycheck without lifting a finger in form of dividend payments that these wonderful companies decided to share their wealth. I think this is the highest dividend payout in a single month I have received ever.

How did you do last month?   Do you share some names here?

Last month I started to sell some stocks I no longer wish to hold, some which paid me dividend this month so they will not pay me in 3 months. I recently sold CINR, LND, NWFL and ABM. I still like the stocks however, it does not fit my portfolio most importantly the time it takes to track all of it.

Thanks for visiting 

Dividend Pursuit 

Disclaimer: Long on all stocks listed except for CINR, LND, NWFL and ABM

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 2018 Watchlist

December Watch list

As we approach a new month, it is time to start planning for what I could possibly buy next month.
November has been a slow month, although I made few small purchases and focus on trimming the amount of stocks I own. There are few more I wish to sell and start a new position. However, time will tell how I proceed. For now I am standing pat and waiting for opportunity in the market.

The market volatility has continue this month and it has become hard to identify places to park my funds. So I will be focusing on giant and company who have create a moat where it could stand any market volatility. I believe I sold most that do not last month ans this month. But there may be a few more I would like to sell.

What on my watch list for next month?

Let see what I could possibly buy. There are a few that I would like to own, for example ANTM, CINF, HUM, ADP, VFC, FDX, UTX. OXY, GILD, TROW and VLO.

However, they are out of my reach at the moment. I believe the market still has room to go down, so there may be possibility to own them in the future. However, I have been trimming the number of my position to be able to buy some of these stocks down the road.

So what could I possibly buy next month? here is my list.
PEP, KMB, GPC, ITW, LEG, LTC, Main, IRM, TUP and CB.

However, Mr. Market could throw us a monkey wrench via volatility which could present a buy opportunity in the future. as I write this the market is up over 500 points (Dow) however that could change as we seem in recent weeks. As last month demonstrated with my lack of continue buy as I have done in the past, I will try to buy a minimum of 1 stocks and no more than 4 as we roll into the next year.

Out of my 9 possible buys, the most likely candidate to be purchase are ITW, LEG, IRM, CB and MAIN. I hope to buy no more than 4 for next month unless something drastic present itself.

I will be also looking to trim positions that I currently hold.

What do you think of my list?

What are you planning to buy next month?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed except for IRM, GPC, VLO, ANTM, OXY, UTX, FDX, VFC, HUM, ADP, GILD, CINF and TROW

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. 

Landlord Monthly report

October Landlord report

As of October 2018, I am separating income received from Stocks versus passive income received from rental property. This is a way to simplify my tracking of dividend received compare to my goal to reach FIRE. Although both will contribute to reaching that goal. I will also gear this post toward anything relate to being a landlord and how much time it takes and expenses and my overall experience dealing with tenants.

So without further ado... let us look at last month report.

Unit #1

Rental property #1 is a four-plex; 3 of the units is a two (2) bedroom apartment and the fourth (4) unit is a three (3) bedroom townhouse. We lived here for 1 year before purchasing Property #2

Property # 2, is our main residence and it also has a 1 bedroom unit we could rent. The unit was purchase mainly for my in-laws to move in. Currently they live in a 3 bedroom rental. My father-in-law is over 60 now, My goal is to help them be stable as they reach their retirement. Currently they are not planning to move any time soon. We may decide to rent this unit until they are ready to move in at some point, however for now it remains unoccupied.

Units 2, 3, and 4 paid in time and I collected $3700.00 in rental income. Unit 1 is another story I had a court date in early October the Judge side it with the tenant and gave the tenant until the end of the month to move out. This would be my first eviction process. This has been in the works since July. However, I was trying to help the tenant who is a single mother, so the process was delayed due to my own wiliness to help a single mother. But, as a business this is not practical or recommended at all, as it tends to backfire like it did to me.

Will be in court in November again for the eviction process. The court did make her pay her October rent of $1000.00. SO total income for October was $4700.00.

Let us look at the expenses: in all i took 6 trips to the property. Twice to reset a power trip in unit one (1). once to replaced a battery on the smoke detector. Once to due maintenance in heat radiator before the winter starts in Massachusetts. The other two times as a regular visit to conduct inspection and clean up, maintenance on the property. Each visit I usually spent about 15 minutes to 30 minutes there. I also spend 3 hour in court and 1 hour 30 minutes going to and from the sheriff office for the eviction process notifications.

Mortgage for the property is was paid on time a total of $2172.00, utilities for the month was also paid on time a total $255.00; Also the lawn expenses came in at $110.00 for the month. The tenants paid both in form of monthly rent payment total expenses was $2537.00, which left a positive cash flow of $2163.00.

When you add the mortgage paid down for the month, this added a total of $2763.00 in passive income. The tenants are paying down my mortgage in this property and also all the expenses associated with it. 

I spent a total of 6 hour managing this property and made $460.50, an hour maintaining and owing this property. Surely there is no reason why you should not own a rental property. It is a great way of adding to your passive income.

Property #2 is not rented, so we incur all the expenses with owing a home here, However the income from Property #1 (one) helps pay for most of the expenses here.

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.