Dividend Portfolio Update

It’s been awhile since we last provided an update on our dividend portfolio. This wasn’t by design, but we really didn’t have much to report and our time has been occupied with our work-camping jobs and the never ending array of activities we have to prepare for.

Since our last update the markets have moved back up and now appear to be wavering ahead of the next federal reserve meeting which will bring yet another rate increase. Our portfolio has remained in relatively good shape, aside from the Weber (WEBR) debacle, and we continued to add shares to our existing positions as funds became available. And of course, we also reinvested all dividends received.

As for the Weber position, in our last update we discussed the options of either selling out of the position, since they no longer pay a dividend, or doubling down to get to 100 shares in order to sell covered call options and generate some income in leu of dividends. We decided to go the route of adding to our position and generate income, but soon after we wrote that blog the largest shareholder offered to purchase the rest of the company for a measly $6.25 per share. This put us in a bind as the shares were already trading over that price and our cost basis is also much higher than that. Not a great position to be in! As a result we did not make any purchases and our position remains the same as it has been. We would like to get to the 100 share mark, but we were obviously not buying above the bid price.

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November 2022 Financial Update

It’s hard to believe that we are heading into the last month of the year! While this year has been a great one for traveling the same cannot be said when it comes to finances. Maybe things will start looking up in 2023, but there are still some dark clouds on the horizon despite the recent positive turnaround in the markets. We need to remain optimistic, but at the same time we also have to be realistic about what is yet to come which is likely further economic decay at the hands of an out of step federal reserve.

We are now one month into our new work-camping jobs and it’s going fairly well so far. Some parts of the job are much more labor intensive than we were led to believe during the interview process and it can get a little frustrating because it often seems like we are doing a lot of manual labor instead of working events. On the bright side, we have been able to get more hours than are needed to cover the cost of our site fees and utilities and little extra cash never hurts.

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Happy Thanksgiving!!

As we approach 2 years on the road we are grateful that we are able to live our best life and share our adventures.

Thank you to our readers for your continued support and sticking with us! We hope you have a wonderful Thanksgiving and enjoy spending time with your families!

Joe & Mrs. RVF

P.S. Happy 13th Birthday to our best friend and travel companion!

Murphy

Campground Review – Waters Edge RV Resort

Welcome back to another edition of our campground review series! In this edition we will be reviewing Waters Edge RV Resort located in Vinita, OK.

This was our first visit to Waters Edge and it was a location we were really looking forward to visiting as the thought of spending a month on the shores of a beautiful lake sounded wonderful and relaxing! But as we have said before, you never know what you are going to get until you arrive at the campground and get settled. Hopefully this wouldn’t be a case of a skilled professional photographer making a questionable place look like a 5 star resort!

Waters Edge RV Resort is located just south of the famous Route 66 which runs through Vinita, OK. While the resort has a Vinita address it is actually located in the small town of Langley off of SR 82 with the also small town of Ketchum just north of the resort. Both are nice little towns with some local stores, fast food and gas stations, but there isn’t much past that. Vinita is a nice size town and just a short 20 minute drive from the resort. This is where you will find all of your shopping needs during your stay.

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October 2022 Financial Update

Greetings from Arizona where we have settled amongst the snowbirds and will be riding out the fall and winter months in the warm desert sun.

In addition to being in a warm location we have started our largest work-camper assignment to date. We made a 5 month commitment at an extremely large RV/Mobile home resort. This is a 55+ resort and by the time December rolls around there will be approximately 3,000 people on site. Our job is in the entertainment / activities department and let me tell you this place has a lot going on and it gets very busy.

Our job involves everything from serving coffee and donuts to residents in the morning to setting up and decorating the entertainment halls for parties or headliner events. The calendar is jam packed every day of the week so we always have something going on. The best part is that we will typically only work 2 or 3 days a week and since we are considered residents we will get to enjoy all of the amenities and events too. And if we work ticketed events we get to enjoy the shows for free so we are hoping to get scheduled for some of the bands and headline events on the schedule.

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Campground Review – Parkers Crossroads RV Park

We are back with another edition of our campground review series! In this edition we will be reviewing Parkers Crossroads RV Park located in Yuma, TN.

This was our first visit to Parkers Crossroads and when we made the booking we were looking for a place that would provide some peace and quiet while still within driving distance of Nashville and Memphis. We only booked a two week stay, instead of our usual month or more, as the campground limits monthly bookings during their peak season. This is understandable as there is no need to discount your sites when you fill up every night and can charge the maximum amount for it. As a business person I would do the same thing.

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September 2022 Financial Update

Another month down, literally, and we are heading into the 4th quarter of what has been a miserable year for the markets. The questions is, when will this pain end?

Since our last update we have relocated from our beautiful spot in Tennessee to an amazing lake front spot in Oklahoma. This location has quickly become one of our favorite destinations since hitting the road. We have a pull-in spot and everyday when we open the shades we look out at the lake and enjoy the views and the wildlife. This year has been a disaster financially, but being able to live this life and wake up to these views and scenery almost everywhere we go has made these tough times much more bearable.

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