Wednesday, August 2, 2017
July Review / August Preview, 2017
On serious note, my wife and I closed on a house. We will be moving in shortly, and as everyone knows - moving sucks (ask all of my friends who owe me for helping them move, its their turn). I digress, the fact is our 'rent' is now going to be headed towards equity, which is a nice change. My wife's commute should stay the same. I will be on a new train line, though farther out - it is more direct. Overall buying a house is smart in the long term, however it is stressful. For some reason it is less stress inducing than buying a car, until you see that final number on your mortgage...
This I added one new position to my Roth account, J.M. Smucker's (SJM).
Last month I brought in a total of $73.19 in dividends ($72.19 taxable, $0.00 Roth, and $0.00 IRA). This is an decrease from last year ($84.98 total) by 14%. The decrease is mainly related to KHC switching their payout month.
In terms of dividend increases, I realized one from this month from Realty Income (O). The raise was around 0.2%. Thus far for 2017, I have realized 30 dividend increases!
Next month I will realize two raises from Discover Financial (DFS) and Omega Healthcare Investors (OHI). The increases are 16.8% and 1.5%, respectively.
Within the last week my wife and I bought a house. I have stated it earlier that this would happen, and sometimes things move faster than plans, so here we are. Our debts for the first time, since practically ever, outstrip our assets. However, I am not selling stocks to pay for it all. Rather it is time to double down - blast debt and buy assets.
I have cash on hand to add a new position, but I might not depending on how moving goes.
Next month should produce around $250 in dividends, which is a 160% YOY increase.
My portfolio page is currently up to date.
Hope everyone has a great July, get some sun and some fireworks!
- Dividend Gremlin
- Long all stock tickers mentioned