Hello everyone! It’s been a while since I posted something — 3 months in fact — and I know that many of you (if you’re still even checking this blog) are probably wondering where the hell I’ve been.
Well, the truth of the matter is that I needed a break from the investing world. I first got on the road to financial independence in late 2014, and, over the course of the last 2 years, it started becoming the only thing I focused my time on. I would spend my days reading books and articles on investing and trading, checking my portfolio, looking at candlestick charts, writing for my blog, and then reading some more articles. My other hobbies gradually started falling by the wayside, if not disappearing completely.
Since August, I’ve forced myself to balance things out. I’ve been playing video games with friends again. I’ve been reading books that aren’t about money. I’ve been more focused on my passion for fitness and working out.
Now, don’t get me wrong, I haven’t completely stopped my involvement in investing/trading. I’ve still been reading articles on seeking alpha, and I’ve still been investing. And I’m just as dedicated as ever to reaching early financial independence. I’ve just gotten a little better at balancing it out with other things I enjoy, so as to keep myself from burning out.
With that said, it’s time to start giving the blog some love again. I know that many of my readers really enjoyed following my progress, as evidenced by the numerous emails I’ve received over the last few months asking where I have been. If I never got back to you, I apologize! Like I said, I just really needed this break.
Now, I’ve shuffled around my portfolio quite a bit since August. I will be writing a post very soon detailing all these changes. But I figured I’d kick things off with a dividend recap of the last 3 months. After all, those are the best kinds of posts! 😉
|Company (Ticker)||Dividends||Chevron (CVX)||$21.40|
|Emerson Electric (EMR)||$16.15|
|Johnson & Johnson (JNJ)||$16.00|
|Main Street Capital (MAIN)||$12.60|
|Spectra Energy (SE)||$12.96|
|Wells Fargo (WFC)||$15.58|
September, as is typical of end-of-quarter months, was one of my highest-grossing months to date. In fact, it is only surpassed by my June earnings, which were highly inflated due to the special dividend that MAIN paid out at the time.
Receiving 120 bucks for doing absolutely nothing certainly feels good. It hasn’t quite been 2 years since I started dividend investing, and I’m already receiving payouts far larger than I imagined they would be at this point. $120 might not be much in absolute terms, but that is already roughly 1/10th of the monthly amount I’d need to sustain myself in financial independence, so…
All in all, a fantastic month.
|Main Street Capital (MAIN)||$12.95|
|Starwood Property Trust (STWD)||$72.00|
The first month of the quarter is always my lightest month in terms of the number of companies paying me, but that doesn’t mean that the overall payout is comparatively light. Thanks to the hefty position that I own in the high-yielding STWD (one of my favorite REITs on the market today), my earnings are always respectable relative to other months.
In this case, I just narrowly missed the $100 mark, but still ended up with more than my average monthly payout for the year, which currently sits at $95.59/month. I’ll take it!
|Main Street Capital (MAIN)||$12.95|
|Omega Healthcare Investors (OHI)||$73.20|
Due to changes I made in my portfolio in the summer, the middle-of-quarter months have also become relatively light as far as the number of companies paying me are concerned, but, again, this isn’t indicative of the resulting payout. Here too, it turns out that my earnings are heftily bolstered by a single company, OHI, which is a popular healthcare REIT among the dividend-investing community.
I once again grazed the $100 mark (something which has become a bit of trend for my portfolio this year, haha), but alas fell 65-cent short. While this is slightly irritating, I certainly won’t be losing too much sleep over such a first-world problem.
My dividend total for 2016 now sits at $1,051.50! I’m super stoked to have broken the $1,000 milestone already in my sophomore year of investing, something which I certainly didn’t expect to achieve so quickly.
If my future self could see this right now, I’m sure that he would be giving me a strong pat on the back for prioritizing him over the temptations of present-day instant gratification.
Onward to December!