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.

Update from November 3-16

Update from November 3-16

With the end of 2018 fast approaching, I have been focusing on trimming the number of stocks to a level that I think I will feel comfortable adding shares to next year (2019). At the same time I also pick up some stocks that I will continue to add shares to as we move forward. So it is time to review and update what has happened to the fund over the last few weeks. As I sit here a little bit sick, I have under the weather for the last few days it has given me time to ponder and weight my options on what type of investment to make and where to go from here. It really has been a busy week from trying to evict a tenant, to a court appearance to facilitate that move and from being away from work because of illness mostly due to weather changes in New England. 

However, without further ado... let us look and review what I sold and purchase in the last few weeks:

Purchase:

Nobember 6, 2018

IBM 3 shares @ $122.578 total $367.71

BPL 3 shares @ $33.02 total $99.06

November 14, 2018

GSK 6 shares @ $41.01 total $246.06

RDS.A 5 shares @ $61.43 total $307.14

KHC 12 shares @ $52.70 total $632.40

November 16, 2018

MAIN 5 shares @ $38.75 total $193.75

Sell:

November 14, 2018

CINR 9 shares @ $23.91 total proceeds $215.21

BPL 11 shares @ $31.52 total Proceeds $246.72

CPB 9 shares @ $39.25 total proceeds $353.25

BKE 12 shares @ $21.31 total proceeds $255.72

All the sales proceeds were deployed in adding to shares already owned or to purchase new stocks (RDS.A, GSK and KHC) they will be part of the fund for the next five years for sure. It was not that I did not like the stocks that was sold or did not believe they can be part of the fund. It was simple the fact I had to trim the fund and focus on fewer stocks on the portfolio to anchor the future growth of Dividend pursuit fund. I may purchase the stocks that were sold in the future, but at this time they do not fit the fund objectives.

What do you think of recent purchases and sell?

What have you been buying lately?

Thanks for visiting!

Dividend Pursuit

Disclaimer: Long on all stocks listed except for CINR, BPL, CPB and BKE.

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. 

October 2018 Dividend Update

October 2018 Dividend update

October 2018 is now almost halfway done and I finally get a chance to update myself and everyone how I did last month. Start with this post I figure it would be better to start tracking the Dividend received separate from the income generated from the rental income. This is mostly due to that side of income is been deployed either in buying more stocks or re-invested back into the rentals and keep up with maintenance and I will start being drawn from it to pay for my various venture including some expenses.

So without further ado... let us look at what we received last month for dividend income:

Stocks	Dividend Amount
KMB	$2
TUP	$20.40
MRK	$2.40
ITW	$5
AGNC	$1.80
CHL	$8.17
VTR	$8.69
EPR	$2.16
STWD	$10.08
O	$1.54
WPC	$15.38
LEG	$3.80
MAIN	$3.90
CB	$2.19
KDP	$1.50
GE	$4.44
BKE	$3
CPB	$3.15
DLNG	$6.25
BNS	$6.47
LTC	$1.90
WDFC	$2.16
TOTAL	$116.4

Wow, 21 different companies paid me dividend last month for a total of $116.40. This certainly can cover either my cable bill $98.00 or Gas bill of $36.00, or even partially my electric bill of $171.00.

The goal here is to generate enough passive income via dividend investing to cover all my bills. My goal is to generate $2000.00 in monthly income, so I am 17% there. I hope to reach there in the next 5 years but hopefully sooner. 

How did you do last month? Do we share any of the same names?

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed except for DLNG, GE and CHL

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. 

Week of October 29- November 2 update Purchase & Sell

Buy & Sell Week of October 29 

I started the week analyzing my fund, I came to a conclusion that the portfolio had too many stocks this early in the collection. It was time to trim the amount of holdings from 70 individual stocks to 60 by the end of the year. So which stocks to sell and hold, was the big question. After analyzing my holdings I found some that I definitely would want to keep no matter what. I also found some that I could hold at this time. I also would be ok selling and hopefully buy it down the line once the fund is fully established enough that It would contribute to my FIRE. Also one in particular that I would sell is GE after cutting dividend from $0.12 to $0.01 I needed to sell no matter what anyway.

First lets us look at companies I sold after they no longer meet the fund objectives or at this time the fund can progress without it. Without further ado here is the sale:

Sold 

October 29, 2018

VIV 10 shares @ $10.59 total $105.90

ABM 6 shares @ $31.13 total $186.78

October 30, 2018

GE 37 shares @ $9.99 total $369.64

CHL 7 shares @ $45.53 total $318.71

DLNG 25 shares @ $8.10 total $202.51

TGS 7 shares @ $13.78 total $96.46

LND 30 shares @ $3.65 total $109.50

November 1, 2018

NWFL 5 shares @ $38.17 total $190.83

F 35 shares @ $9.27 total $324.45

Total Proceeds from the sale: $1904.79

Total yearly Dividend loss from sale: $87.65

Now lets look where the capital was deployed:

Purchase

October 29, 2018

EPR 3 shares @ $67.84 total $203.52

O 3 shares @ $61.09 total $183.27

OHI 19 shares @ $33.32 total $633.08

October 30, 2018

PAYX 10 shares @ $64.12 total $641.20

UL 9 shares @ $53.44 total $480.96

November 1, 2018

OKE 6 shares @ $64.52 total $387.12

CINR 4 shares @ $25.56 total $102.23

HCP 4 shares @ $28.12 total $112.48

BLX 15 shares @ $17.39 total $260.84

PCH 3 shares @ $37.12 total $111.34

A lot of activities, but lets sort through all of it. The purchase will add $173 in forward yearly dividend for a total of $1555.42 yearly.

I Sold 9 stocks and added 3 new ones (OKE, PAYX and UL) all leading companies in its sector. Al they have consistently raised dividend. In fact the dividend appear safe for the next 5 to 10 years. 

I also trim my stocks holding from 75 to 66 in the Robin Hood account. So there is still 6 more I need to trim from here to January. I will be re-evaluating why I bought each stocks and see how the dividend payout ratio compare to free cash flow, before making final decision. Of course the ability to sustain the dividend payout will be part of the final decision making. 

What do you think of recent activities of stocks sold and bought?

What are you buying lately? How many stocks you think is reasonable to hold in your portfolio?

Thanks for visiting

Cheers

Dividend Pursuit

Disclaimer: Long on all stocks listed, except for GE, LND, F, NWFL, TGS, DLNG, CHL, ABM and VIV

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 Watchlist

November Watch list

November is fast approaching, so it is time to contemplating on possible buys for November. Cash will be scarce, so I will be evaluating the possibility of making three (3) purchase. I have narrow twelve (12) stocks. I may add 2 more stocks and add to other currently on my portfolio. As we wind down towards the end of the year, I will also be saving money to pay my tax next year. On my last post about the fund update I talked about trimming amount of stocks in my portfolio more to come on that.

The current market gyrations can be scary and keep one in the sidelines, however I have always had the mind set that continually investing no matter what the market gyrations bring, will help fuel my long term goals. That is why I wish and hope to continually investing weekly If I could.

So here are the stocks on my radar for November:
PFE, UTX, SO, PSX, XOM, PFG, AFL, MAIN, IP, OKE, JNJ and KO.

JNJ, OKE and KO would be new position if I decide to buy them this month. The Dividend Pursuit fund has come to a point where I will need to keep adding shares rather than starting a new position. That will be the mantra going in to 2019, however I think I may try to start that mantra sooner.
The fund is currently projected to earn $1470.07 a year, Hopefully I can go over the $1500 mark soon.

FIRE

The last two weeks I had a chance to play stay-at-home dad (SAHD) with Junior, drop him off at the bus pick up spot and stay home. This gave me a glimpse of the possibility when I reach FIRE. I spend some time at the gym exercising, did laundry and cook for the family while Mrs. Dividend Pursuit was working. She joke this week that I am practicing being a stay at home dad/husband. It is not a dream for me but a goal that I hope to reach in the near future.

What are you buying next month? 

Thanks for visiting

Dividend Pursuit

Disclaimer: Long on all stocks listed except for OKE, JNJ and KO

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. 

New Purchase IV October 2018 & dividend raises

New Purchase IV & Dividend Raises

As we continue to wind down to the end of 2018, it was time to put more capital to work and continue to built my dividend. The market gyrations continue to be in a tail spin, however it is best to ignore all the daily noises market presents and focus on buying stable companies who continually grown their dividend. It is we that mind set that I continue to buy and add more shares to companies I already own when value presents itself.

Without further ado...here is what I purchase last week.

October 24, 2018

HEP 3 shares @ $31.51 total $94.54

WES 4 shares @ $44.38 total $177.52

CFG 4 shares @ $36.02 total $144.08

I have long being a fan of Citizens Bank (CFG), and now that it is a standalone bank and distance it self from (RBS) Royal Bank of Scotland. It has continue to grown it's dividend, not to mention it is the leading New England regional bank. Current dividend of $0.27 a share yields just over 3.09%, this purchase will add $4.32 in forward yearly dividend.

Holly Energy partners (HEP) has recently raised it's dividend from $0.66 to $0.665 a .08% not what I was expecting, never the less a raise is a raise. With this purchase I will add $7.98 in forward yearly dividend.

Western Gas Partners (WES) has also raise it's dividend from $0.95 to $0.965 a 1.6% increase. They continue to raise dividend year after year and the price is down at the moment so great time to add more shares. This will add $15.44 in forward yearly dividend.

Principal Financial Group (PFG) has also raise it's dividend from $0.53 to $0.54 a 1.9% increase from last quarter. The current dividend yield is now at 4.37%, very juice, thank you I will take that and maybe by more here, time will tell.

Merck & Co. (MRK) has also decide to give us a raise since by boss will not give me a raise this year, I will take one via my dividend stocks who show me some love here. The dividend will be raised from $0.48 to $.055 a whopping 14.6% increase wow, current yield is now at 3.12%.

With this purchase and the dividend raise that I will be receiving will add $46.22 in my forward yearly dividend.

Truly amazing the power of compounding and buy stable companies who show some love to shareholders. This will buy me one (1) hour of my time at work.

What do you think of recent purchases? What are you buying lately?

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.