October 2021 Financial Update

October was a very enjoyable month as we did quite a bit of hiking, exploring and met up with some friends that we had worked with at our previous stop in Utah. When we decided to full-time in our RV this was the type of month we envisioned having more often than not as it was fun and productive both personally and financially.

We started the month by visiting local breweries and sampling some great tasting beer. I’m usually a creature of habit but when you go to these places it’s good to get out of your comfort zone and try new things. I did that by trying a blueberry wheat ale and was surprised at how good it was. Definitely something I would have again!

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Full-Time RV Budgeting

One of the most asked questions by people looking to go full-time RVing is “How much does it cost?” The problem with answering this question is it is very subjective as the variables for full-time RV living seem to be unlimited and there is no uniform cookie cutter option when it comes to this lifestyle.

Just asking a few questions will make you quickly realize how much a full-time RV budget can vary between families:

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10 Must Have Products For Your RV

Everyone that owns an RV or likes to camp loves their gadgets and furnishings. Quite often it feels like a never-ending search to find something that makes life a little more fun and little easier while on the road or enjoying your campsite.

In this blog we will look at some gadgets and products that are useful to the RV life. Not only are these items practical, but they don’t take up a lot of space. And every person who owns an RV knows that space is always at a premium.

Here are 10 items that every RV owner should consider adding to make life on the road a little more enjoyable.

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September 2021 Financial Update

Well it finally happened, we had a negative return month. This is our first month in the red since January, which is pretty remarkable, and even in January we were barely negative. In fact we would have to look back to October 2020 for the last significant negative month which shows that a correction was probably long over due. Of course everyone, including us, loves to see their portfolio go up month after month but in reality that is not healthy or sustainable. While it’s never fun to see your portfolio decrease, sometimes dramatically, these pullbacks create the opportunity to take up new positions, add to existing positions or to dollar cost average. Plus they are a healthy aspect of a long term investment strategy.

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How To Buy Dividend Aristocrat ABBV For A 15% Discount, Or Achieve An 8% Return

 

We are happy to present our first ever RVF guest post by welcoming Gavin McMaster of Options Trading IQ.

As readers of our blog know we are building a dividend portfolio with the goal of building it to a scale that allows us to sell covered call options to generate income. Gavin uses another approach that can also be used to generate income and/or build a position.

To many of our readers this might be a tool they are already using. But for others, myself included, this is something new and educational that could be useful as we grow our stock portfolio.

I will now turn the blog over to Gavin. Continue reading “How To Buy Dividend Aristocrat ABBV For A 15% Discount, Or Achieve An 8% Return”

Dividend Portfolio Update

We are back with another update on our dividend portfolio. While we continue to make progress our contributions to the dividend portfolio have slowed down and will continue to be low for the foreseeable future. Why? Well because we are retired and we are no longer work camping. Because we no longer have income it was time to revert back to the original purpose of this portfolio which was to invest all proceeds received from this blog through affiliate links and advertising. This is passive income that is not a part of our retirement budget so investing it to grow more passive income through dividends is the way we are choosing to utilize those funds.

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Campground Review – Cedar City KOA

Welcome back to another edition of our campground review series. In this edition we will be reviewing one of our longtime favorite campgrounds in Utah, The Cedar City KOA.

Before we start just a disclaimer. This review is going to be a little different than previous reviews as this is a campground we worked at this past Summer and have been invited to work at again next Summer/Fall. Additionally, we have been staying at this campground for almost ten years now and have become friends with the new owners, so we are probably a little bias. None of this however will change our opinion of the campground itself and we are not saying anything in our review that we haven’t already expressed to the owners personally. They are great people and have made vast improvements to the campground with big plans still to come.

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August 2021 Financial Update

The end of August brought with it the end of our time work camping and with that the end of our time in Southern Utah. While we were more than ready to pack up and leave for a new location and a fresh change of scenery it also meant it was time for our son to head back to the East coast to resume his college courses. Although we have been down this road twice before this time was different and more difficult as we don’t know when we will see him again. He has expressed his desire to remain on the East coast where his friends are and as of now we have no plans to go back that direction until next Summer. The thought of not seeing our son for almost a year is a difficult concept to grasp, but I guess that is what growing up and becoming an independent adult is all about. Hopefully we can find a way to see him sometime during the holidays but it doesn’t sound like he will be coming our way for that to happen.

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Dividend Portfolio Update

Hello again! It’s been a little over a month since we gave an update on our little dividend portfolio and there are quite a few things to report. We have added some new positions, increased some positions in current holdings and of course we have the DRIP slowly helping our portfolio grow. Before we get into some of the details let’s take a look at the current make up of our account as of now. I have sorted in alphabetical order to make it easier to read:

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July 2021 Financial Update

Another month in the books and there is not really much to report back. July was one of those same ol’ same ol’ months where we just plugged away and kept to our daily routine.

While we are enjoying our work camping jobs and being able to make a little extra money there is a trade off that we are not so happy about. When we first started full timing we always had a couple of days a week to go hiking or exploring and on other days I would go fishing or do chores and maintenance while Mrs. RVF was working her regular job. Since we started work camping our hiking trips have mostly stopped and my days off are spent doing chores and maintenance and Mrs. RVF never has a break because she works seven days a week. Of course this will change when we leave here at the end of August and more so when Mrs. RVF retires from her regular job soon after that, but this has been a learning experience for when we take work camping jobs in the future. It’s important for us to remember that the purpose of our lifestyle is to enjoy our surroundings and mix in a little work for extra money on occasion. Right now we are bogged down and because of this it’s not our ideal lifestyle.

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