Dividend Portfolio Update

I started writing this blog and then the bottom fell out of the market. When I saw this happening I held off on publishing because when I see an irrational move in the markets that is an opportunity to buy which would have made this blog inaccurate the moment it was published. So now I have created a revised version of my original blog but it was worth the wait.

When I decided to start this portfolio in April the original intent was to only use money earned through the blog via affiliate links and advertising (for which we still have not received a penny). Since that time some things have changed and we started work camping and earning some extra money so I made a small modification to add some of this money to the portfolio as well. It’s money we didn’t plan for in our budget and it’s only temporary income so why not put some of it to work? Our work camping gig ends at the end of August and when that time comes we will go back to the original goal of only using money earned frm the blog.

With this modification however we have been able to grow this account to about $5,500 with an average dividend yield of 4.30% which will generate annual forward dividens of about $236. This is a significant increase over the last time I gave an update for this account in our May Financial Update blog. Additionally since that update the DRIP has started to take effect as we have earned and reinvested $18.11 in June and July. Sure this isn’t alot but everything starts out small and grows from there.

As of now our dividend portfolio is only 0.3% of our total portfolio so there is no risk to our big picture by holding some individual stocks. Especially when those stocks are mostly high quality companies that are not going anywhere.

Here is the breakdown of our current portfolio:

Kellogg (K) = 2 Shares

General Mills (GIS) = 5 Shares

Kimberly-Clark (KMB) = 2 Shares

Coca-Cola (KO) = 2.016 Shares

Altria Group (MO) = 8.036 Shares

AT&T Inc. (T) = 9 Shares

Southern Company (SO) = 2.01 Shares

AbbVie Inc. (ABBV) = 7 Shares

Johnson & Johnson (JNJ) = 5 Shares

Realty Income Corp. (O) = 2.014 Shares

3M (MMM) = 3 Shares

Dow Inc. (DOW) = 5.021 Shares

Iron Mountain Inc. (IRM) = 10.073 Shares

Arbor Realty Trust (ABR) = 2 Shares

Black Hills Corp. (BKH) = 2 Shares

Medical Properties Trust (MPW) = 5.042 Shares

International Business Machines (IBM) = 3 Shares

SpartanNash Co. (SPTN) = 6.062 Shares

As you can see this is really just a who’s who of quality dividend paying stocks. I don’t feel like there is really anything speculative about it or any one compay that could cause the portfolio harm. You can see the stocks we have received and reinvested dividends from because they have fractional shares so we have only scratched the surface so far.

I don’t try to time the markets and run that fools arrand so our entry point is whereever I feel the stock is fairly valued. We are in this for the long haul so if the price of any stock we own happens to go down from our original entry point I will average down with it if nothing has fundamentaly changed. After all if I felt the price I paid was already fair then the lower price is even better.

So ther you have it, this is our dividend portfolio in a nutshell. It has been alot of fun to watch it grow and even more fun watching the reinvestments on each stocks distribution day.

If you have a favorite dividend paying stock or want to provide some feedback on our portfolio let it rip in the comments below. Also, don’t forget to follow us on social media for events as they happen.

Thank you for reading…………………

Joe

April 2021 Financial Update

The month of April came and went in what seemed to be a flash and we are happy it is over. The month began with us still being stuck camping in a bodyshop parking lot as repairs continued on our RV. Once the wonderful folks at M&M Coach completed the work it was time for us to head to South Dakota so we could complete the process of becoming residents.

Of course everything we hoped to avoid on our journey to and from South Dakota ended up happening. And why not since Murphy’s Law seems to be our copilot and trial by fire is the gauntlet we apparently have to run through in order to live this amazing life.

We hit below freezing temps, snow and heavy winds pretty much every single day in Utah, Wyoming and South Dakota. Just the week before these same places were enjoying sunny 80 degree days but now it’s snowing in the middle of April. We made sure to fill our water tanks every chance we got because several campgrounds were unable to turn on their water due to the risk of the pipes freezing. This also meant we had to ration water because getting more would require breaking down camp and driving the RV somewhere in snowing conditions to refill the tank. No thank you!

Continue reading “April 2021 Financial Update”

March 2021 Financial Update

There is not much more that can be said about our current situation than we outlined in our previous blog. The good news is that there is now light at the end of the tunnel and we are taking everything one day at a time.

Financially the month of March was pretty good considering we had a large cash outlay to pay off our son’s first year of college. Due to this expense we expected that we would, at the very least, have a negative month. We were really just hoping it wasn’t too negative. Throughout the month the markets were very choppy due to rising yields, inflation concerns and of course covid-19. In the end some positive news pushed the markets up and much to our surprise we were able to squeak out a small gain. Continue reading “March 2021 Financial Update”

Living The Dream For 30 Days

There is a common understanding in the RV community that the full time lifestyle while amazingly liberating, can also be extremely challenging and frustrating. The mantra that you have to take the good with the bad is repeated adnausium in social media groups. There is no going into this way of living without knowing that you will eventually face your share of challenges and adversity. Well, after one month of living the dream, consider us fully christened into the realm of taking the good with the bad! Continue reading “Living The Dream For 30 Days”

What To Do With Cash Now?

I don’t know about you, but I remember the days when you could earn some interest on your cash. This is definitely not the case in today’s low no interest rate environment.

Back in the 90’s and early 00’s we had a cash account with a brokerage where we parked our emergency cash fund. Our balance back then was about $35k and we would happily earn about $75 a month in interest. It wasn’t crazy money but it was better than a bank savings account and was still liquid should an emergency arise. We at least felt like the money wasn’t getting killed by inflation while it was protecting us from unforeseen events. Continue reading “What To Do With Cash Now?”

February 2021 Financial Update

We are one week into living the RV life and to say the last month has been a whirlwind would be a drastic understatement. After getting everything loaded up and driving to our first stop we looked around and saw a giant mess. It looked insurmountable at first, but once we started tackling each area of our storage we became more encouraged as we cleared out bag after bag of our belongings. It turns out we had a lot more stuff left than we realized but after a week of organizing and adjusting to a new routine we feel a lot more at home. Continue reading “February 2021 Financial Update”

New Beginnings On The Open Road

We did it! After years of planning, saving, investing, researching and pandemic delays we are finally living in our RV as full timers. There is still a lot to do but the hard part is done now that we took the leap and made it to the other side. It’s wonderful to say we actually achieved a long term goal and hopefully our journey will help inspire others to do the same.

We all have goals in life. Some people write them out or track them in one form or another while others just keep a mental note of things they would love to do and call it a goal. Typically those that track their goals are actually working in some fashion to achieve them while those keeping a mental note are mostly just dreaming about it. I call it the “maybe someday” syndrome, which is something we suffered from for many years. Continue reading “New Beginnings On The Open Road”