September 2024 Dividend Portfolio Update

Welcome to our September 2024 dividend portfolio update. This month was a continuation the last couple of months with the markets eventually heading higher after a sluggish start.

The only difference this month was that we hit a point on one of our positions where it was time to cut bait and run. That position was 3M (MMM). After looking at some of the personal finance folks on social media it seems we were not the only ones looking for some sort of exit point on this stock.

We entered this position in 2021 and rode the downfall through lawsuits, lower earnings and eventually a dividend cut. The company finally seems to be getting on better footing, but it no longer fits in with our plan. With the stock making highs it was time to sell out.

Continue reading “September 2024 Dividend Portfolio Update”

August 2024 Financial Update

Welcome to our belated August 2024 financial update blog! We didn’t know if we would ever have a chance to get to this blog. We have been over the top busy with little time to spare.

In last months blog we said that we were on the verge of heading to Texas permanently. We wanted to be present for the final stages of our build and make sure everything was moving along. Well we made the move and have been living in a hotel since the middle of August.

It’s great to be so close so we can see the progress being made in person. It has also allowed us to be present to deal with some issues that have come up. The only downside has been the cost.

Continue reading “August 2024 Financial Update”

August 2024 Dividend Portfolio Update

Another month in the books which means it’s time for our August 2024 dividend portfolio update!

Much like July, the month of August was pretty crazy. Once again most of our time was spent dealing our home build. And eventually we made the long drive back to Texas to stay for good. Once we finally got settled in at our hotel and took care of a few things we were finally able to catch up on other things, like our investments.

While we didn’t have a lot of time to focus on investing we were at least able to make some moves. As usual investable funds were scarce because we have no time to focus on generating income. So we did the best with what we had which was still tough with the markets flying.

Continue reading “August 2024 Dividend Portfolio Update”

July 2024 Financial Update

Welcome to our July 2024 financial update! It’s only been a couple of weeks since we posted our June 2024 financial update blog, but a lot has happened in that time.

It looks like we really getting down to the nitty gritty with our Texas home build. Last we saw the interior pieces are starting to come together. And as far as we can tell, at least through FaceTime, everything appears to be working out as planned. That’s a little weight off our shoulders. Not being on site to see everything person had us second guessing some things.

Continue reading “July 2024 Financial Update”

July 2024 Dividend Portfolio Update

Welcome to our July 2024 dividend portfolio update! Most of our time over the last month has been spent dealing with our home build. As such, everything else has taken a back seat in priority.

With our busy schedule there hasn’t been any time to work on generating investible cash. And we certainly haven’t had the time to spend researching companies or reviewing our holdings. So everything is kind of on cruise control until we get a spare minute and some cash.

Before we get to our July numbers we need to keep in mind that our numbers will be over stated this month. This is because the June dividends for SCHD and QYLD both hit on July 1st. This month is essentially reversing the understatement we had in our June numbers. We will do our best to smooth that out below and get some true numbers.

Continue reading “July 2024 Dividend Portfolio Update”

June 2024 Financial Update

Welcome to our very late, and probably brief, June 2024 Financial Update. Better late than never I guess!

We were hesitant to even write this blog given how close we are to another month end. However, with everything we have going on there is no telling when we will be able to get to that month end blog either. So we are using this brief window of free time to give our update.

Since our last update we have traveled back and forth between Utah and Texas twice. Both trips required a lot of our attention as our home build is really getting down to the details. This stage is both exciting and a little scary. Our design choices starting to get implemented into the house so hopefully everything comes together as planned. The problem is that we are now 1,200 miles away and can’t be there to make changes on the fly if something doesn’t pan out. Hopefully when we get back there we don’t have an “oh shit” moment.

Continue reading “June 2024 Financial Update”

June 2024 Dividend Portfolio Update

With another month drawing to a close it’s time for our June 2024 dividend portfolio update. June is normally a large month for dividend distributions which we look forward to. But, for some reason many ETF’s and mutual funds are not funding distributions until July 1st this year. Maybe it has something to do with the new holiday in June?

We will have to keep this in mind when we review our numbers for June and for July as both months be skewed as a result of this anomaly. For our June 2024 dividend portfolio update we will be missing payouts from QYLD and SCHD. QYLD isn’t a huge deal as their payouts can be all over the place. However, SCHD is one of our largest holdings and the distributions are a pretty significant amount for our little portfolio.

Continue reading “June 2024 Dividend Portfolio Update”