Ladies and gentleman, I give you my September progress recap.
Man, it’s been a while since I’ve done a monthly progress recap. But I feel it necessary in order to hold myself accountable in meting my goals. While the misses and I have changed up our routines drastically and adjusted our everyday schedules. I still feel as though there is room for more improvement. But with anything in life, it’s the small things done consistently that eventually snowball into something larger. So, I figure lets work on meeting the smaller goals in anticipation of crushing the larger ones when they present themselves.
Let us see how Dr. Dividend has been performing as of late.
And without any further delay. I give you our last and final recent buy for this month. Using the remaining cash we had laying around, the misses and I decided to add the ever so speculative Omega Healthcare (OHI) to our dividend portfolio. On October 5th we purchased 75 shares at a price of $32.50 a share. This purchase came in at a total of $2,442.92. It resulted in a cost basis of $32.57 a share. I am very excited for this purchase as it has been on my radar for some time now. I only wish I had snagged some up earlier. This purchase has managed to increase our forward dividend income by $198.00. Not bad considering we’ve already added over $300 this month to our forward annual income.
UPDATE – As of October 15th, we were able to add another 32 shares of Procter & Gamble to our dividend portfolio. This brings the total count to 76 shares, at a cost basis of $82.53 per share. This purchase resulted in a total cost of $2554.78, and added an additional $91.84 to our forward divided income.
Ladies and gentleman, I give you recent buy number two for the month. Just the other day I published a post of this months recent purchase! Man did it get much love. So thank you to all of you for taking the time to read and comment. So what else were we able to purchase this month? This month’s second purchase is none other than Procter & Gamble (PG).
I have to admit, this is a very exciting month thus far. While things haven’t been going too well with the side-hustles. The misses and I have really been working on bettering ourselves and working on reaching our goals. With reaching goals, comes meeting our investing goals. Part of what makes this month so exciting is that we will not only be meeting this specific goal, we will be blowing it out of the water.
Man, where is the month going? I could have sworn it was just September, but I guess it’s true what they say. Time flies when you’re having fun, and man have I been having a ball of a time. Between acclimating myself to married life, working on my career and blog, and increasing our passive income streams through various avenues, the days just seem to be flying by. But each passing day draws us nearer to a new buy, and we am pleased to announce just that. This month’s recent buy seems to be an investors favorite. This REIT can be found in many portfolios, including mine as of now. This month’s buy is none other than Realty Income (O).
On October 5th we made a sizable purchase of O. Buying 50 shares at a price of $57.03 per share. This purchase came in at a total of $2,856.50, with a cost basis of $57.13 per share. This purchase will add an additional $132.30 to our forward annual dividend income. I for one am very eager to begin receiving a monthly dividend.
Ladies and Gentleman, it’s what you’ve all been waiting for. September is over, and with that comes the dividend breakdown. The numbers are in and man do they bring a smile to my face. I cannot even begin to express the level of joy I experience when I tally up this number. Especially when one can see it growing at such an exponential rate. Yes, I will admit there are others out there with more impressive numbers, but considering the misses and I have managed to not only increase our income, but also save the amount we have managed in the short duration that we have. For that, I have to give myself a small pat on the back.
So, let the words stop and the numbers begins, because lasts month’s dividend income sure is impressive.
This month has indeed been a blessed one. Aside from making some major headway in increasing our net worth, the dividend income has just been following suit too. Last month’s increase was mind boggling, seeing how the dividends have increased with little effort gives me the needed motivation to keep on keeping on. But enough about that, let’s get down to what we came here for.
This month the misses and I were able to stash away a total of $4000 into the investment account. This is primarily due to the fact that my side-hustle from last month took a very dramatic and unexpected downturn. You can read about that in my day-trading post, but I will be doing a follow up in the coming weeks on that subject. The $4,000 was split into two purchases, the first being a new position in Seagate Technology (STX). The second was an addition to last month’s BP (BP) position.
Man oh man! How fast did August fly by? I remember it like yesterday, sitting in my study awe struck by the number that reflected on my computer screen. Never did I ever imagine having so many folks out there reading what I had to say, nor did I think anybody cared if I met my goals or not. Little did I realize that there was an entire community ready, willing, and wanting to help me succeed and reach what so many have already accomplished. And its due to the continued support that I find the motivation needed to continue on this journey to FIRE.
So, without further ado. Let us dive into this month’s blogging results. Continue Reading!
Another Month has successfully passed me by, and with any passing month comes several dividend checks re-invested into my investment account. Lately I’ve been wondering how much the effects of compounding have truly had on my portfolio. So for the fun of it went back to my very first year of investing and began to compare my first few dividend payouts to the ones that I am receiving today. I will be honest, while the difference isn’t major in anyway, it is still fascinating watching my monthly dividends increase with little to no work required at all.
So, without any further hesitation. I give you my August Dividend breakdown. Continue Reading!