Thursday, January 23, 2020

January 2020 Buys

Post Holiday Gremlin here to give you my January 2020 buy updates. Time flies when you have kids and not much else to do.  I have been slacking on my working out due to life's requirements, but things are looking up.  My work place just opened up a new gym, free for all who work in my building.  Time to start crushing some iron / running some miles again.  Now back to the financial Independence.  This was a lighter month, and the next few will be too.  We have a bit of a home repair issue plus only my income is still our only one in the house.  This time though is special with the little kids, so its not worth griping over - even though those kids are a lot of work!

No purchase or account fees were paid this month. I added shares of the following companies by account (* indicates a new position, which will be discussed below):

Taxable:
B** - 3.12 shares bought for $210.84 (employee discount), $3.37 income added
EVR - 2 shares @ $75 / share ($150 total), $4.68 income added
KR - 4 shares @ $28.63 / share ($114.53 total), $2.56 income added
NNN - 2 shares @ $53.46 / share ($106.91 total), $4.12
Total Invested = $582.28
Annual Income Added (AIA) = $14.73

Roth:
None purchased.

Standard IRA:
None purchased.

Totals:
Invested = $938.06
AIA = $14.73

*New Positions:
NNN - National Retail Properties.  This is my second REIT in my taxable account.  NNN will be a support type position for my primary REIT, O (Realty Income).  I like the mix of properties and growth.  The valuation is ok, but its just a starter position for now.

I will update my portfolio page at the end of the month.

What do you think of these companies?

- Gremlin
- Long all tickers mentioned

6 comments:

  1. Does NNN pay ordinary or qualified dividends? If ordinary, those are being taxed as regular income instead of 0% or 15%, depending on your tax bracket, for qualified dividends. I'm curious why you chose to hold that security in your taxable account as opposed to one of the IRA's?

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    Replies
    1. Brownsworth,

      Its a REIT, so it will be regular income. I chose to hold it in my taxable account because I plan to add more when its yield goes back up (it will happen eventually). Right now I just want to dip my toes in. Yes I get it could be in an IRA, but my plan is not to hurry the IRAs, because I don't want to be waiting until I am 59.5 to retire. The 15% hit is minor will be minor over the long run considering two things - 1 my REIT exposure is limited in my taxable accounts and 2 - REITs generally have a higher yield so the loss can be recovered relative to other securities. NNN will be a minor position in the long run, just a small diversification check to Realty Income (O).

      Thanks for the comment,
      - Gremlin

      Delete
  2. I just made a small buy myself to kick off 2020. Never looked at EVR or NNN myself though next month my focus will shift to REITs. Thanks for sharing.

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    Replies
    1. DH,

      Progress is still progress! So many good names out there, lets rumble in the 2020s. You're welcome thanks for the comment.

      - Gremlin

      Delete
  3. Gremlin -

    Nice. Just added more VIAC yesterday. Great working putting $$ out there to add additional income. Let's get it!

    -Lanny

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    Replies
    1. Lanny,

      Thanks for the comment! I am familiar with VIAC, but don't own them. So many good and dividend players in the content field. Heck even AAPL and T are both in the space now, in addition to my position with DIS.

      - Gremlin

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