February 2019 Watch List

February Watch list

New month is upon us and it is time to ponder on what possible stocks I could purchase this month. Just fresh of my Patriots Super Bowl LIII win vs the LA Rams, this weekend life could not be better.

There are many possibilities this month. There are many bargains to be had as the market seems to be in the upswing of late.

However, as a long term investors we cannot pay attention to the daily market gyrations and instead focus on our goals.

My current goal is to accumulate assets via dividend paying stocks who continually increase their dividend to keep up with inflation.

Now as a federal employee I am glad the government shutdown is over. Last month I invest minimum amount possible as the uncertainty of the government shutdown wore me down and kept me on the sidelines for most of the month.

I hope this month is a bit different as we will receive most of our pay by next week.

Just in time to buy new stocks this time, that I would hope to add more shares while they are down at the moment.

Without further ado... lets look at what I wish to buy this month.

XOM- Exxon Mobil has been one of my favorite in Oil& Gas industry for a long time. With current Price at $75.58 way down from 52week high of $87.36 it is time to add more shares here. We will have to see as the market tends to throw us a curve ball once in a while when least expected.

TUP- Tupperware just cut its dividend by a whopping 60.3% from $0.68 to $0.27 on January 30th. The end result saw the stocks drop by 27%.

At current price $27.88 and with a 5 year horizon I think It may be time to add to my shares although the financial look bleak at the moment.

QCOM-Qualcomm looks very attractive, the dividend looks juice at it is 23% from when I first started the position so I definitely like at this level.

PSX -Phillips 66 is 17% from when I first started the position so I could possibly add more shares at this level as well.

ADM -Archer Daniel Midland, another of my favorite dividend stocks to hold long term. This could be the month I add more shares. At current level it is 12% low from where I initiated the position, so could be a great time to average down on my position.

ABBV- Abbvie, what not to like, they have continually increase dividend since being spin off out of ABT. At 29% from its peak in the last year, this could be the time to add few more shares, despite been at almost at a level I would feel comfortable at this stage of my accumulation phase.

T- AT&T it is currently sitting at 21% from its peak from a year ago, could also be time to add more shares at current level.

Wonderful list of companies I would like to add to FIRE Fund.

However, Market gyrations and daily market movement could change this strategy for the month. There could also be other opportunity not currently visible at the moment in time.

What do you think of my list?

What are you buying this month?

Do we share any of this names?

Thanks for visiting,

Dividend Pursuit.

Disclaimer: Long on all stocks listed above.

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.

Update & New Purchase January

Update & New Purchase

The government shutdown has finally come to an end for now until February 15, 2019. As an exempt employee, I had to work throughout the shutdown as I perform essential work.

However, the shutdown did affect my purchasing routine. I had to keep an eye on our savings in case it lasted longer. Honestly I was thinking it would go on for another 5 weeks. 

However, I an glad it is over for now and I can received some pay eventually to catch up and invest, save and contribute to my Thrift Savings Plan (TSP) again. I have never talk about my TSP as it is not part of my planning at this junction in my asset accumulation stage. 

But it is a big part of my retirement package. Come to think about it, it may be a reason why I have hesitated to leave my job for now. 

But this year will finally be the year I will need to re-evaluate what is most import things in life and see where this job fits in my equation. I had a lot of time to think about this over the last 35 days of the shutdown.

Today I finally was able to confirm I will be paid my first check from January 11, 2019 tomorrow. So I was able to quickly add more funds to my Robin hood account and take advantage of some stocks I long convected on my portfolio. 

So without further ado... here is what I purchase today right before the market closed:

January 29, 2019

CFG 3 shares @ $35.09 total $105.27

EPD 6 shares @ $27.97 for total $167.82

CFG 1 share @ 34.04

Citizens Financial Group (CFG) is one of my favorite regional bank and it has aggressively continue to grow its dividend. With this purchase I added $5.12 in yearly dividend to my fund.

Enterprise Product Partners (EPD) engages is production and trade of natural gas and petrochemicals. It just recently increase its dividend by .6% going Ex-dividend on January 30, 2019. With this purchase I added $10.44 in forward yearly dividend to my fund.

What are you buying lately?

What do you think of recent purchases?

Disclaimer: Long on all stocks listed above.

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.

Raises January 2019

January 2019 Raises

As we start a new year, with new goals to achieve to start the year. However, there is not a better news than to find out that the stocks you hold will reward you in form of dividend increases to start the year.

As a Federal Employee, this is a great news. I am currently a Exempt employee, which requires me to work without pay for now until a Government Fiscal Year Funding or Continue Resolution (CR) is passed. 

Lets review few stocks who just announced dividend increases to start the year.

Raises

💲$＄💰

Consolidated Edison Inc. (ED) just raised their dividend from $0.715 to $0.74, that is 3.5% raised from last quarter. The raise adds $0.20 to my forward yearly dividend.

Fastenal Company (FAST) also raised their dividend from $0.40 to $0.43 a 7.5% increase. My forward yearly dividend is now at $1.20 in forward yearly dividend.

ONEOK, INC (OKE) The dividend was also raised here from $0.855 to $0.86 a mere 0.6% increase. But raise is a raise, I will take it since I am not currently getting paid from my W-2 employer. the Dividend adds $0.12 in forward yearly dividend.

EPR Properties (EPR) announced a raise from $0.36 to $0.375 a 4.2% increase from last year. The current dividend will add $2.16 in forward yearly dividend.

Realty Income Corporation (O) the big O continues to amaze me, as it continue to raise its dividend month after month of paying dividend for a record time, now it goes up from $0.221 to $0.2255 which is 2% increase to keep up with inflation. The current dividend will add $0.54 to my yearly dividend.

Citizens Financial Group (CFG) for awhile now I coveted owing this stock. Now that I do, they continue to amaze me with current 18.5% raise on it's dividend. The current dividend went from $0.27 to $0.32, this adds $2.00 to my forward yearly dividend.

What is amazing about the raises, is that I did not have to do anything, but I had to have the fortitude to buy these stocks and they are rewarding me handsomely.

Do you own some of this stocks? What do you think of recent raises? Did you receive any recent raises?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed above.

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.

2019 Goals and Review of 2018 Goals

2019 Goals and 2018 Goals update:

2019 Goals update

New year is upon us. We are now halfway past the first month and it is time to put 2019 goals in writing so I am better able to track my progress. However, before we can start talking about this upcoming year goals, it is best to review last years goals to see how we did.

2018 goals included:

          1. Invest $3000 in new capital this year.   Accomplish $15000

          2. Save for a down payment for a new house.  New Home purchase June 2018 Accomplish

          3. Updated a new rental unit (potentially raise rental on next tenant)  We raised 2 of our tenants monthly rent

          4. Raise rental on Two tenants. March 2018

          5. Buy 10 Stocks this year and continue to add shares to initial position. Added 64 new Stocks

          6. Buy 6 Monthly paying dividend stocks.  4 currently owned- Failed

          7. Buy Dividend Aristocrats Stocks.  Accomplished

          8. Continue to build Emergency Cash to 9 months. 6 Months

I was able to reach 6 out of the 8 goals outlined last year.

What will 2019 bring?

Lets see what my goals will be this year. I will be looking at this year as a step in stone for next years goal.

Without further ado...here are my 2019 goals:

1. Invest Minimum of $250 a month in adding more shares to current holding

2. 9 months emergency fund

3. Increase the rental income in at least 1 unit.

4. Increase all 4 monthly paying stocks to 20 share each.

5. Invest $5000.00 in fresh new capital

6. Payoff my Car loan

7. Regularly exercise, loose 10 pounds

8. 3 family vacation; 1 international travel

9. Blog regularly 1 post a week.

10. Start a side hustle

What do you think of my 2019 goals?

Do you have your goals set for this year?

Thanks for visiting

Dividend Pursuit

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.

Recent Purchase & Sell: January 5 to January11

Recent Purchase & Sell: January 5 -January 11

The Market continues to see some volatility! Although we have seem some recent market upswing of late. The gyrations on the market are just noise. As a long term investor, we have to keep the noise out and follow our formula and keep investing at our own pace.

There are currently many bargains in the market relative to what the prices were 3 to 6 months ago. But we have to pick the best current value for our capital and deploy them where it makes more sense to invest rather than chase the darlings of market..

Let us now review what I recently purchase this month.

Without further ado...here is what I purchased:

January 8, 2019

T 8 shares @ $31.31 total $250.48

TD 2 shares @ $51.14 total $102.29

BLX 1 shares @ 17.86

January 11, 2019

ABBV 2 shares @ $88.20 total $176.40

Sell

January 8, 2019

BMY 2 shares @ $47.93 total $95.86

I added to 3 of the stocks on my watch list for January 2019. 

AT&T (T) has been on sale for awhile and has been on my watch list for awhile as well. T is a must in any portfolio as it continually increases its dividend year-after-year. The purchase adds $16.32 in forward yearly dividend to my fund.

TD, I have long wanted to start adding shares here. This also helps me average down 5.83% from my initial purchase. The purchase also adds $5.36 in forward yearly dividend.

BLX, I continue to add shares here. BLX is my best option to invest in Central America. The purchase adds $1.54 to my forward yearly dividend.

ABBV, this is also average down on my purchase. If I loved it at $94 and $95 dollars, I definitely love it at $88. 

ABBV, has also increase their dividend from $0.96 to $1.07. A whopping 11.5% increase. Got to love it when companies share their wealth either via dividend payout or raises every year. This more than cover yearly inflation. The purchase adds $14.28 in forward yearly dividend.

Sell:

BMY, the only reason I sold now is to trim the numbers of stocks I hold in my fund. It simply comes down to time of research and complimentary stocks. I also had a number of pharmaceutical which made this on easy sell. I also want to buy the must buy in the sector in the near future so did not want to have a heavy wait in the sector at this point in the accumulation phase.

All in all the current purchase, Dividend increase and sell, increases my yearly dividend by $69.39. My forward yearly dividend is now $1733.03.

What do you think of recent purchases?

What are you buying this month?

Thanks for visiting,

Dividend Pursuit

Disclaimer: Long on all stocks listed, except for BMY.

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. 

Rental Income: December 2018 report

Rental Income: December 2018

December is now fully in the books, so let us review last month passive income from the rental units we own.

Last month we had a vacancy for the first time since September 2017.  I spend much of December working on the unit to get it back ready to be rented by January 1, 2018.

Last month I spend 80 Hours, renovating the unit, showing the unit - until the lease was signed with a new tenant on December 31, 2018. The tenant finally moved in January 6, 2018.

Rental Unit 

Now lets us review last month numbers:

Income:

$3700.00

Expenses:

Mortgage &Insurance & Tax $2171.93

Water bill $0.00 Next month.

Utilities $ $54.00

Material $300.00

Tenant screening $50.00

Total Passive Income: $634.07

The current federal minimum wage is $7.25 per hour, and has not increased since July 2009. With my effort and hour spend in managing the unit I Made just over the minimum wage $7.925. 

However, I was also able to paid the the mortgage with the tenants paying for it, which also increase our Net worth by: $503.60.

The updates done last month,will hopefully last few years. Hopefully the new tenant can stay few years.

The rental market keeps going up in Massachusetts as a whole particularly in Taunton, which is 45 min south of Boston. 

Now that all the units are rented will built some reserves to hopefully paid down all our debt and focus on savings in the next few years. 

I also appreciate my rentals right now. As a federal employee, I will probably miss my next check and who knows when we will be paid again. This is disappointed as I have been working not knowing when I will be paid. However, the rental will help paid all our bills in January, specially since the tenant paid first and last month.

So in total our passive income was $1269.73, when I calculate Dividend received, Rental income and Mortgage paid down.

So what is your excuse for not owing rental property?

How did you do overall in your passive income. 

Thanks for visiting,

Dividend Pursuit

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 Dividend report

December 2018 Dividend Payout

New month, will always be every dividend investor favorite time of the month. It gives us an opportunity to review how we did on the previous month and count total dividend received.

My fund of stocks is now at a point that yearly dividend raises and the powder of compound will continue to fuel its growth, even if I do not invest much for awhile.

Let us review last month dividend payout:

Stocks	Dividend Amount	Notes
CMI	$4.56
PSX	$2.40
AFL	$1.56
F	$5.25	No longer on the fund
PFE	$1.02	No longer on the Fund
COP	$2.14
QCOM	$3.72
SO	$6.00
LB	$12.00
BLX	$7.70
XOM	$4.10
AGNC	$3.24	No longer on the fund
UL	$3.99
MAIN	$4.88	Regular monthly
IP	$3.00
O	$2.21	Monthly
KHC	$7.50
ADM	$2.35
ED	$1.43
EPR	$3.24	Monthly
IBM	$10.99
RDS.A	$3.99
D	$12.53
BP	$4.88
MAIN	$9.63	SPECIAL DIVIDEND
PFG	$5.40
LTC	$1.90
PBA	$0.45
TOTAL	$132.06

That is correct for the 3rd month in a row I average over $100 in dividend. I collected $132.06 in dividend last month.

How did you do last month?

Do we share some names?

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

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.