Dividend Update February 2021

 

It's March already?!?..........dam that was quick. Alright then, so welcome back to the Dividend Mascot blog aka let's get straight to the money. Alright, guys so there are a couple of things I want to add throughout this intro. Most importantly with Sherwin-Williams (SHW), which was my honorable mention last month, I called this stock a hidden gem. The reason why I say that is because no one wants to talk about it, a 1% dividend yield doesn't start many discussions. Next thing you know a few weeks later they announced a 23% dividend raise.............I felt sooo good when I saw this because I called it. Here's a little lesson for the new investors that just started like last month,........"if you double a penny enough times, you'll end up with a massive fortune". This quote comes directly from me, it's almost like one of those Jedi riddles quotes you hear from Star Wars. Anyways I just wanted to add that little moment into the blog, before I get started ill probably add some other behind the scenes stuff at the end. So let's scroll down through the dividend income.   

Roth IRA

Total: $100.94

Taxable Account

Total: $33.97

Grand Total: $134.91

YoY: 19.23%

Purchases: 3 shares of MSFT, 2 shares of NKE & 1 share of MA, $1,362.35 in stock purchases.........(does a long yawn) not bad. 

So it looks like I received my first dividend payment from Mastercard (MA). 1,000% chance ill have this over $10+ a quarter this year, which is going to be too easy. Dividends upfront shouldn't really matter when investing in low-yielding stocks, it's more like a checkpoint than a dollar amount. This is pretty much a repeat of what I said last month, being absolutely ruthless before that massive dividend raise comes in. I've also been hearing good things about the covid-19 vaccine, the economic recovery will be stronger than ever before. I just imagine this 85 to 90 degree curvature in consumer activity the moment every covid rule is removed and no more face mask. This would be a massive revenue increase in transaction fees, and for Visa (V) as well (have to give Visa there props too), but we will have to wait and see what happens. 

There's always extra stuff I forget to add to the blog, so here's some more behind the scenes. So there was this really cool comment from my December 2020 update on Facebook. This person said if I was a dividend growth stock they would invest in me..............that has to be the coolest comment I have ever received.......ever. The reason being is the way I look at the numbers. for example, let's use a 25% dividend raise and let's say $10,000 position in two different scenarios but in the same stock. Scenario A $10,000 position =  $7,500 of shares + $2,500 of gains vs Scenario B $10,000 position = $10,000 of shares + $0 of gains. Which Scenario would benefit more from receiving a 25% dividend raise? Take a guess.............the answer is Scenario B. lets me explain why, if the stock was worth $100 a share Scenario A would be $10,000 at 75 shares, Scenario B would be $10,000 at 100 shares. Since B has 25 more shares the 25% dividend raise would have a heavier impact on the year-over-year progress. Anyways that's enough of my crazy math theories. 

This also goes along with my super deep analysis of companies I invest in, like I literally want to know the percentage revenue from this product and then from this other product. Profit margin's, free cash flow, operating cash flow, CAGR (compound annual growth rate), price/earnings ratio, long/short term debt, shareholders equity, recent stock buybacks, reviewing the quarterly earnings in past few years, and everything else on its balance sheets.......and I mean everything. How much goodwill does your favorite company have? For any Microsoft (MSFT) shareholders out there, did you know that Bing.com is worth 6 billion dollars? Came out of the Ceo's mouth himself. I think all of this is the reason why that person put down that cool comment. 

 

 Well, I guess that's it for this one. Oh and I almost forgot, for my 26th birthday 🎁 I received a wireless set of earphones, a couple of gift cards, and the best for last is.......a new lunch box. Obviously, I received more than that but I was just going to list the main stuff on here at the end. So anyways I'm off to more ruthless 16 hour days, hope you enjoyed it, and ill see you next time. 

Dividend Update January 2021

 

What's going on everybody? Welcome back to the Dividend Mascot Blog, seems like everyone enjoyed my blog post from last month. Especially my critics on Facebook (you know who you are), I bet they were sooo shocked when they saw Mastercard (MA) lol. Alright so let's just get straight to the money. So for January, I contributed $1,200.......I guess that's good for getting back in the game. I say that was a good warm-up to start 2021. The best music theme to describe January or possibly for 2021 as a whole, is my old YouTube music playlist from high school (2009 - 2013) Screamo, Death metal, Nu-Metal, Alternative rock 🤘 , and just a whole lot of deep growls with heavy guitar riffs in the background. I put that sucker on auto-play and did my thing. Because when your work 16 hour days every other day or back to back and you just brush it off like it's nothing because you getting used to it........you feel invincible beast. It always feels like I'm putting together an action movie for the retire to enjoy, but anyways let's get to the more important stuff.     

So the Taxable account just went past $13,000+, I plan to get this account well over $25,000+ (worth of shares, not capital gains) in 2021. Nothing less than $25K, the capital gains will come whenever they decide to come. I'm not one bit worried about the potential massive capital returns from (MA), (MSFT) & (NKE) putting in the time holding will get me there. The share count is what's most important when investing in super low yielding, high growth, high dividend growth companies.  You greatly anticipate before the next big dividend raise. It's like a revolving 12-month cycle of aggressively gathering more shares, so you can get that massive bump in dividend income in your year over year progress. Let's scroll down through the dividend income real quick so I can discuss more on this.

Roth IRA

Total: $74.43

Taxable Account

Total: $32.45

Grand Total: $106.88

YoY: 11.85%

Purchases: 2 shares (MSFT), 2 shares (NKE) & 1 share (MA)

Alright so I want to touch more on YOC (yield on cost), I could have explained more on this last month but I just wanted to outline my analysis on my three new projects. So last month I called yield on cost "the real sh!t" because it's like your building this hidden massive dividend yield that no one is seeing. I view stocks like (UNH) United Health as hidden gems 💍 with massive passive income perks that are hidden. (Both stocks are honorable mentions 😉). So let's say investor A invested in MasterCard for 5 years and ends up with a $100,000 position, plus adding in the tiny dividend yield of 0.50%. So $500 a year off of a $100k position right?.............wrong, the math that your not seeing is that investor A probably only put in $20,000 over that time frame and after several huge dividend raise's investor A is actually making 2.5% yield on the "original cost". It's like a hidden dividend yield that no one sees. Give it another 5 years (10 years total) and the YOC could be 7.50%. 

So investor B comes along seeing investor A's position and gets all excited seeing the massive growth. So since investor B has been saving up a lot of money, and he throws down $100,000 in Mastercard stock like a boss......but the yield on cost is only 0.50% and you have to put in the time to get that massive growth. Both positions are valued the same but one has 2.5% YOC and the other has 0.5% YOC. You can not rush capital gains or yield on cost, the only variable I can control is the number of shares I can gather year over year. So I'm anticipating before both capital growth and the growth of YOC. It's like a delayed massive mathematical reaction. 

There's another point that I want to touch on as well. I've seen so many comments on Seeking Alpha or Facebook of people regretting that they didn't aggressively buy more shares of their low yielding stocks like Visa (V) (shout out to the Visa fans). Whenever Visa announced a ~ 20% dividend raise I always witness this instant regret of people saying "I wish I would have bought more shares". So that's why I'm so cold and ruthless because I don't ever want to have that regret later. So last month I've said that I was going to gather $10,000 shares worth of Mastercard, Nike, and Microsoft. The little detail I forgot to add was that I plan on making all that happen this year. Not 5 years from now, not 3 years from now it's happening right now........just straight cold and ruthless (tough as nails). If there's something that I want in life I just open up my front door and make it happen, it's that simple. So this concludes what I wanted to talk about for this post, just 100% about YOC. Maybe I'll have more interesting stuff to talk about next month. 

I'm going to have this last section of the post to be about life updates. So some of you may know that today happens to be my 26th birthday 🎉, so I'm just going to lay down my gaming couch and watch anime all day on Netflix. I'm also going to have some really good Japanese food to eat as well (with soy extra sauce). I have yet to open up my presents 🎁 sent to me by my parents\family members, I'll reveal some of the presents that next month. (I'm going to open them up as soon as this gets posted) I've also just got my DOT physical done, so I just keep getting closer and closer to getting my CDL class A license so I can start driving those massive 18 wheel commercial trucks you out on the highway. I'm more hyped up about seeing what happens when someone so ruthless makes a much higher income than the time I watched the Avengers: Infinity War trailer for the first time lol. So I hope you guys enjoyed and ill see you guys next time. 

(If you want to view the entire portfolio click on the "portfolio" tab above next to the "home" tab)

Dividend Update December 2020

 

What's going on guys welcome back to the blog, hope you all had a great Merry Christmas and Happy New year. So for this month's update, I have a lot to discuss on here. My year to date dividend income, quarterly income, the reveal of my 3 new high growth/high dividend growth stocks, and more. So ill start off by saying that my $5,000+ in savings on $12.67/hr is complete, I'm all fired up (with like a huge wall of blue fire just shooting up 100 feet in the air in the background). It almost felt like a practice run for my $10,000 project in my 3 new stocks each. I feel like a beast that's finally been freed from the chains wrapped around its neck, wrist, & ankles. All the chains unlocked and just fell off. Now I can finally get to come back into investing in dividend growth. It's like I finally get to breathe lol because I never understood what life was like without investing. Like I stated a few months back, at age 19/20 I knew the basic's about investing and hitting your first million early in life........which was right before I set foot into my first job interview. In other words, there's never been one single day that I've had a W2 or filled taxes and didn't know about investing.......pretty crazy right? Looking back in time, I was already obsessed with passive income and building wealth in high school so I was eventually going to come across DGI (dividend growth investing) at some point. 

 

Alright, guys so before we go over the dividend income I want to state that there's been a change of plans with the Roth IRA. I will not be investing into my IRA (as of right now), I'm starting my $10,000 project in my taxable account right now. I'm going to keep it real with you guys, investing in the Individual account feels WAAAAAAY better than the Roth IRA. Much respect to the tax advantages (i have almost $30,000 in the account), but the feeling of knowing that I can access my dividends before the age of 59.5 is the greatest feeling in the world......real talk. That's what gets me to wake up early and do my 16 hour days. I will gladly report taxes every year if that means I get to achieve financial freedom early in my life. Its moments like this, are the reason's why some of my readers have been following me for almost 3+ years because I keep it real in the game. I'm not afraid to say it like it is. Alright, guys let's continue by scrolling down through the dividend income. 

2020 total: $1,485.53

YoY: 34.17%

(Added bonus) Taxable Account produced $406.03 

Ended off the year with a new quarterly record of $411.95

Roth IRA

Total: $105.33

New Record!!!

Taxable Account

Total: $39.30

Grand Total: $144.63 (new record)

YoY: 6.25%

Alright, guys here's the big reveal :)

Sell: All shares of VCLT

Buy: 5 shares of MA, 4 shares of MSFT, & 8 shares of NKE

Alright, so I sold all shares of VCLT for a profit of $484~ and some change (which I may have to pay taxes on when I file for 2020) and used the proceeds to buy into my 3 new high growth/high dividend growth stocks. Mastercard, Microsoft, & Nike the plan is to scale these 3 holdings to $10,000 each. I really love the low payout ratios, high dividend growth, and capital appreciation. The most important key factor with these 3 stocks is growing my yield on cost/ capital growth. YOC is the real sh@t....... I see people on Facebook getting all excited over a 15% dividend yield??? I'm like you should be chasing 15% dividend RAISES. Yield on cost is not just some fancy term experienced investors use, it's some serious sweet dividend money. You guys always see me say on here sweet dividend money right? Well, a double-digit yield on cost is where the real sweet dividend money is at? Even with low dividend yields.

This reminds me of this one dividend growth investing YouTuber that's really obsessed with yield on cost. I think his name is Ian right?........you know that chill dude from the PPCIAN channel? Yeah, I heard he's a pretty cool guy 😉. Anyways below im going to explain why I bought into these 3 stocks, and why I absolutely love them despite their super-low yields of 1% and below.  

   

Alight so Mastercard, first off I love the business. A financial technology transaction company, it's really a tech company but at the same time, it's my first financial related stock I ever owned. I absolutely LOVE the CEO  "Ajaypal Singh Banga" who is an absolute beast, on what he's accomplished managing Mastercard over the last 10 years. Unfortunately, I just heard that 2021 will be his final year as CEO, but the CFO whos next in line should do just fine running Mastercard. I looked through their balance sheets from the last few years, and I just love pretty much everything I'm looking at. Great profit margins, a lot of liquid cash (or short/long term investments, etc), and the year over year revenue growth, because they pay so little of their income in dividends they re-invest most of it back into the business. This is good because with a business that has aggressive growth in its income they can afford to give out a 32% dividend raise like they did in 2018. If they chose to do so, obviously there's no guarantee but I like to position myself where I'm heavily invested in a business that has the ability to give out massive dividend raises. This wonderful CEO has made the early investors of Mastercard wealthy, on top of that these buy and hold investors are sitting on a very high yield on cost. They making some serious sweet dividend money because dramatically increasing the annual dividend payout is a lot more powerful than just a high dividend yield (like 5%) with DRIP and 1% or 2% dividend raises. It's great if you want to produce an income right now, but you're not going to see that dramatic 75 - 85 degree curvature in your year-over-year progress with dividend income. I also want to add that I appreciate their recent share buybacks as well.

 

I'm going to list a few of its current stats. Dividend yield 0.54%, dividend growth rate averages: 3 year = 22.05%, 5 year = 20.11%, & 10 year = 38.07% CAGR (compound annual growth rate). This is (TDGI) True Dividend Growth Investing folks, I just created that term off of thought in my head lol. Basically, you would ignore the starting yield and specifically analyze the dividend growth rates. The current payout ratio is 27.71% so the dividend is obviously safe, the dividend raise history is up to 9 years. So once they announce a 10th dividend raise in 2021. Mastercard will be ranked Dividend Contender, which are companies that have raised their dividend 10 years or more. Plus the business model is extremely safe............what are the odds that everyone from around the world is going to suddenly stop using there Mastercard. People would literally have to stop buying stuff or completely stop doing transactions in order for Mastercard to go out of business lol. So I'm 100% long Mastercard (MA), basically a growth stock with hidden long term passive income benefits, like the ability to produce a high yield on cost. Everyone wants to run away because of the yield, but some may not understand the mathematics behind those massive dividend raises stacked on top of one another year over year. 

Alright so up next is Microsoft (MSFT), first off I love the business. I had to roll with my boy Bill Gates, my favorite billionaire of all time. So I really enjoyed analyzing all the different software businesses within Microsoft. Like Windows, Office 365, Microsoft Edge, the Xbox, and even Bing.com. Believe it or not, Bing.com is a 6 billion dollar business (info came from the CEO himself during an interview). Just getting a general idea of how much revenue all these software businesses/products bring in, and how they're growing their year over year cash flow. Microsoft CEO "Satya Nadella" is brilliant, I hope he gets extra comfortable and stays around for 10 years. 

So I'm going to list down some of their current stats. The dividend yield is 1.03%, 17 years of dividend growth, and the payout ratio is 33.23%. (CAGR) 3 year = 9.54%, 5 year = 10.13%, 10 year = 14.28%. The balance sheet looks good, with lots of liquid cash in the bank. Is there really much more to say about Microsoft? I guarantee you that there's a retiree reading this that had a massive double-digit yield on cost from his (MSFT) holding. I know it sounds insane to say that you could build any kind of passive income from a stock that yields 1%, but those double-digit dividends raise's ain't no joke fellas. The math is telling me a different answer. Alright, let's scroll down to the final stock. 

Alright so the final stock is Nike (NKE), ya boy needs to look smooth with his Nike athlete shirts, gym shorts, and tennis shoes while them sweet dividend money be rolling in. So again I love the business...........(message to the brand new investors) do you see a pattern? I invest in companies where I have an edge, which means you completely understand the products, profit margins, quarterly revenues, their debts........basically you understand how the business works and etc. You may have an edge with biotech companies, I don't know a single thing about biotech or how it works lol, I roll with mega-brands. Anyways so Nike leans more towards a retail product company but at the same time, they have serval different businesses like their endorsements with popular athletes like Lebron James for great advertisements. They also have this amazing athlete apparel for the Olympic athletes to wear and I just go on and on about their shoes lol. When I was in high school I wore nothing but Nike tennis shoes. For 4 years it was nothing but Nike shoes after Nike shoes, I also liked wearing the light Nike jackets (in all black with a tiny white Nike logo on the left side of the chest). I was looking a little smooth back in the highschool days lol :) Let's not forget about Nike CEO "John Donahoe", who has a wonderful bright vision for the future of Nike. Watched a ton of his interviews on youtube and love it. Cheers to "Phil Wright" (the founder), the Nike brand is EVERYWHERE you just can't escape it lol. So 100% long on Nike.

Now let's look over the current stats: Dividend yield is 0.78%, 8 years of dividend growth, payout ratio is 37.04% (CAGR) 3 year = 10.92%, 5 year = 11.73%, 10 year =13.69%. Low payout ratio + additional cash on hand for the business = the ability to re-invest to grow the value of the business and give out double-digit dividend raise's. The balance sheet looks wonderful as well, these lower-yielding stocks have some of the best balance sheets I've ever seen in the stock market. Amazing growth in year over year Free Cash Flow, I love to study companies net profits. There's really no need to take this any further, the conclusion is that these are wonderful businesses. 

If a business is doing very well maybe Nike, Microsoft or Mastercard could give out a 15% - 20% dividend raise.........but if the business takes a hit in all quarterly earnings during a given year then they may need to go conservative by holding more cash/ revenue they produced and give out an 8%-12% dividend raise instead. You see what I mean? It's good to have an understanding of how dividend raise's are actually produced. Anyways guys I'm going to bring this one to an end. MA, MSFT, NKE are my new high growth/ high dividend growth projects that I'll be scaling up to $10,000 each inside my Taxable account portfolio. I also want to add that these 3 companies will payout their dividend on a rotating basis every month ;). MA will pay its first dividend of $2.20 in February, MSFT will pay its first dividend of $2.24 in March and NKE will pay its first dividend of $2.20 in April. Then it would rotate over and over again. Pretty cool right? I'm a mathematics nut.

Alright guys I hope you enjoyed this special year-end blog post. Looking forward to pushing the taxable account full-throttle throughout 2021, and ill see you guys in the next update ;)

Dividend Update November 2020

 

What's going on guys, welcome to the blog. First off let me give a firm salute to our veterans for November 11th "Veterans day". Hope you all had a great Thanksgiving. Usually, I would get fat but I didn't eat as heavy, guess I wasn't feeling it this year. I should also add that I've already hit $4,000 on the dot for my $5,000 savings plan. On $12.63/hr I just put my hands up and say "is this supposed to be hard ???" or am just soo ruthless I make it look easy, I could go for $10,000 if I wanted to but there's no need for me to take it that far I'm ready to get back into investing once I hit $5,000. 

Ask yourself this question, .......do you really want to be wealthy or do you just kinda want it but you value your sleep over success. As for myself sometimes it's hard to sleep because I'm ready to go out there and GET IT!!! Bill Gates has slept on the floor in his office many times in the past, Elon Musk now nowadays sleeps on the hard stiff couch in the conference room located inside his Tesla factory. (All true stories go look it up) How bad do you want it? The number 1 thing that these billionaires and I have in common is that we value success over sleep. Alright, so there's a little motivation for today. So let's scroll down and look over this month's dividend income.

 

Roth IRA

Total: $91.11

Taxable Account

Total: $41.02

Grand Total: $132.13

YoY: 24.33%

Purchases: N/A (I'm getting bored with this)😑😑😑

Alright, so this month marks the 5th anniversary of dividend growth investing!!! It's funny how this blog evolved from being this cute little "follow my investment journey" kind of story with like Barney music playing in the background lol, into a full testosterone\ adrenaline-filled RUTHLESS DETERMINATION  "$100,000 portfolio before 30" kind of story with like Disturbed 🤘 playing in the background. Talk about a dramatic change lol.

Anyway so since I'm almost done with $5,000 saved, I'll give an update on what ill do with the leftover Roth IRA contributions. My first couple of buys within the Roth IRA should be MCD, CLX, JNJ, KMB, K, & GIS I call these the laid back stocks I just buy more shares and forget about it. I may throw some extra capital at LNT (utility) & AMT because why not I still believe that there's some massive growth leftover in the 5G wave. I only have like $4,500 leftover to work with before I max it out so I'm just going to pinpoint a handful of holdings and call it a day. 

What I'm most excited about is my next big project for the taxable account. 3 MASSIVE GROWTH, tiny dividend yield, with MASSIVE DIVIDEND RAISES. Coming soon to theaters near you lol it's a big project guys. I plan to grow these holdings to $10,000 each. The 3 ticker symbols will not be revealed until I purchase them, just going to be giving a tease like this every other month until it happens. It's those massive dividend raises that I'm most interested in, but this project will not begin until after I max out the Roth IRA. Alright guys that's it for this one. Hope you all enjoy the holidays and ill see you guys next time.

Dividend Update October 2020

 

What's up guys it's ya boy Dividend Mascot coming back to you guys with another dividend update. Before I say anything, I just want to say thank you for the comments on Facebook and on the blog itself. (Kept forgetting to type that down on my blog lol) Alright, so this marks month 2 of no investing........I'm looking around like " so this is what life is like without investing?"............it sucks lol 😑. The good news is that I'm already at $3,000 in savings out of $5,000 in my savings plan. I did say it wouldn't take me that long for me to hit $5,000 in savings, but I'm getting bored though. So let's play a little game, so on $12.67hr let's see how fast someone with ruthless determination can hit $5,000 in savings. Getting back into my double shifts again (16 hours). What's really important about all of this is that before you even think about putting in your 2 weeks notice to get into a serious career you should ALWAYS save a good amount of $$$ to the side to provide that cushion. It sucks though because the market is dipping like crazy right now like the DOW is at like 26,000 ~, I'm seeing soo many buying opportunities. It's alright though I'm just chilling playing video games all day while making passive income so it's not that bad, not actively investing. Dividends are being reinvested during all of this so it's all good. Alright, so let's scroll through the dividends below. 

Roth IRA

Total: $94.17

Taxable

Total: $41.02

Grand Total: $135.19 (😴😴)

YoY: 27.98%

Purchase: N/A (marks month 2 of no investing........I'm getting  bored lol)

So I made $135.19 in dividends while playing Destiny 2 on my Xbox one.......not bad (i plan on getting the PS5 if you were wondering). Anyways the taxable account has hit a new record surpassing $40+......not bad as well. Since there's not much more to discuss in this blog post ill add some more info on my plans with the taxable account. So once I max out the leftover Roth IRA contributions for 2020, most of my focus will be on taxable account moving forward. The Roth IRA will still receive contributions on the side, but I won't be stressing over maxing it out every year (at the end of the day ill still be aggressively investing). By then ill in my new career making waaaaay more than I ever have in the past, so building that taxable account is going to be my main focus by then. See, this how I view things..........the Roth IRA is like this time capsule passive income retirement plan for the 59.5-year-old version of myself, and the Taxable account is like this custom made semi-retirement passive income plan that I can tap into whenever I want. I love the fact that there's no limit to how much I can contribute to the account. Some of you guys have seen since the beginning what I've achieved off of $9.25/hr to $12.67/hr.........and as I get closer and closer month by month to getting my CDL license I always have this question rolling in my head. What would happen if I was given a $65,000/year and up income, driving a full-size semi-truck across the United States stacking my money back to back? Because ill be out on the road several weeks at a time. Just imagine what I could do with investing in that situation. My honest answer is......I don't know. We will have to wait and see 😉.

Well, that should be it for this one folks, I just love coming on here laying on my couch just talking about investing and life. Well tomorrow is Election Day for the United States presidency. So let's see how the market reacts as we go through November. As always guys, stay safe, stay motivated, achieve whatever you want in life, and ill see you guys next time 😉.

Dividend Update September 2020

 

Alright, guys.......well I'm just going to start this off by saying that September of 2020 was just......weird. Hitting $383.06 ($375+) for the 3rd quarter and $1,073.58 ($1,000+) for the year so far in dividends was great, but the month itself was just felt empty. Guys this is literally the first month of my life where I didn't invest any capital. During all the crazy market fluctuations (especially for the DOW) I was just snoring in bed 😴😴😴. On top of that, I got me some Taco Bell and watched a ton of anime on Netflix (re-watching Hunter x Hunter if you were wondering 😉). Basically, I'm just speculating the market. I'm still working my extra hours as usual, not as intense as last month though. I'm at $2,100 currently in my savings plan to $5,000. Once that's done then I'm back in the game. Like, think of this guys.......I knew about investing and compound interest before I even walked into my first job interview.  So looking back into the past, I grew up into adulthood already knowing about compound interest and the possibilities of hitting 7 to 8 figures by full retirement. So having all of this information so deep-rooted into my life, I never understood what it was like to not have investing included in my life.

Anyways I had a few very interesting questions from last month's update. So I'm just going to answer them on this blog. "Whos your target audience with this?" Well, all I can say is that with this blog, I'm telling a story. (A badass one if you ask me) Your watching someone on $12.67/hr building massive amounts of wealth. I think any kind of audience would love to watch that. This blog is more like a hybrid mix of like 85% about my adventures in dividend growth investing and the leftover 15% is like a life vlog. Can't tell a great story if I don't include updates on what's going on in my life right? I always keep it real on here. I'll discuss more on the other question's below and also as a bonus ......the one and only AT&T holding lol. Alright so let's scroll through the dividend income.   

Roth IRA

Total: $92.07

Taxable Account

Total: $39.30

Grand Total: $131.37 

YoY: 29.44%

Purchases: N/A (first time........ever)

It's a really good feeling knowing that I made $131.37 in passive income while playing Grand Theft Auto 5 online on my Xbox. So since I didn't invest anything this month. This blog update is just going to be a big discussion. (Getting comfortable on my couch as I'm typing this on my phone) So first I'll answer another question. "What's the point of this blog?" There are actually multiple reasons, obviously to document my story in dividend growth investing (with a lot of creativity\ imagination with describing my determination), to show brand new investors that anything is possible, and best for last is to give the retirees a good show to watch. Recap from last month, a young man on his way to his first $100,000 in his 20s. Think that's the best way I can answer that question. 

Another topic that keeps popping is the infamous AT&T.  So what are my plans with (T)? Once I hit 100 shares that's it. I'll let it compound within my Roth IRA for the rest of my life, I have WAAAAAY better-performing stocks on my mind to add more capital towards. As a matter of fact, I haven't bought not one single share this year, DRIP has been doing that for me. AT&T is more of like a pension plan for my 59.5-year-old self in the future. It's nothing fancy just a really really FAT check coming in every quarter. Every stock should have its purpose. As for better-performing stocks I already have 3 GROWTH STOCKS in mind, that has a tiny dividend with a massive yearly dividend growth, which will be added to my taxable account once I max out my ROTH IRA contribution. The 3 growth stocks are (???), (???), and (???).......... (I got ya lol) it will be my little secret until I actually purchase them 😜. There's your cliff hanger for next year. 

Alright, guys I hope that clears up a lot of the confusion behind this blog. I'll also be giving more life updates as I get closer to my trucking career. Once I get my hands on that higher income, this story is going to be a blast. Anyway, guys hope you guys did well for the month, and ill see you guys next time. 

Dividend Update August 2020

 

What's up guys, welcome back to the Dividend mascot blog. This month I was nothing but 100% brutal with forcing this wealth to go higher. I was doing the usual 14 hours days but really wasn't cutting it. Then I was like " alright that's it, lets take things even further" now 16 hour days. (Brutal determination). So at age 25, I have surpassed $40,000+ and I don't even realize it. The only number I have in mind right now is $100,000. I at least wanted to go past $40,000+, because there's been a change in plans. At this point income-wise I've hit my "limit". The airline industry has run its course for the last 5 years so now its time for a change.

So here's the big news....... I plan on getting my CDL A license and go trucking Over The Road (OTR). Been thinking about this for a loooooooong time. What high-income career would I want to do? Before we get to all the cool stuff I love to do on this blog lets go over the dividend income.

Roth IRA

Total: $89.99

Taxable Account 

Total: $36.21

Grand Total: $126.20

YoY: 34.97%

Purchases: 5 shares of ED, 3 shares of PM, 5 shares of VZ & 3 shares of VCLT

Alright, so the taxable account is officially done for the year. I just announced I hit $10,000+ last month, now its currently sitting at $11,500+. Brutally forcing the accounts to grow, which will then result in the compounding effect to go crazy. A solid 4 holdings portfolio for early passive income for age 40. I want to achieve the 90-degree wealth curve early in life. A story of a young man filled with ruthless determination ready to win. Also to put on a good show for the retirees to sit back and watch. 

This clip below of Anakin Skywalker in this duel from the star wars prequel describes exactly how driven I was to hit $40,000+ in the month of August. He's young, ruthless, and 100% aggressive. Exactly how bad I want to win.

Brutal Determination $40,000+

on $12.67 an hour

The closer I get to achieving $100,000 in my 20s the more ruthless and brutal I get in this game. I absolutely love creating blogs like this, it makes the story/blog come alive. Like its a movie, I wish Dave Ramsey could just sit back watch this story, and be impressed just like Chancellor Palpatine in the clip above was impressed by Anakin's duel. Believe it or not, it was actually Dave Ramsey that created this monster a long time ago, it was not Warren Buffet, Charlie Munger, or even Kevin O'Leary. Anyways I have even more news to discuss that could make this investing story even more ridiculous.

A change in plans

Alright so lets cut to the chase, so I plan on going (OTR) Over the road trucking most likely for a company named Prime inc. Unfortunately, I can't even test for my CDL permit license until January 2021 because everything's been backed up from the pandemic crisis. So since I have all this time before I even call a recruiter/ or apply to any trucking companies to make the switch, ill temporarily stop investing until I get my savings up to $5,000 which in all honestly won't take very long. Once that's complete, then ill go back into investing. This is the savings cushion I want to be set during the small window of no income coming in while I'm going through orientation and training on a truck with an instructor to test for the CDL A license. Once I passed, I automatically become an employee ready to complete a 50,000-mile training phase with a trainer over the road. Once I get my hands on a CDL A license and go OTR its a checkmate for semi-retirement. At that point, I don't think I would even need to wait until 40 to have dividends pay for my bills while still working. Sadly none of this process will even start until next year so this is basically my plan for 2021. Plus when I take my CDL permit test I plan on going the extra mile and getting every endorsement and anything extra to make my license look impressive when I apply to Prime inc. or any other OTR companies. 

For anyone who is currently in the trucking industry reading this, I plan on going Flatbed 😎. So to make this simple there's basically 4 main trucking categories plus a bunch more but these are your main ones. There's refrigerated (reefer), dry van (dry freight), tanker, and then there's flatbed. Another reason I love flatbed is that you usually deliver in construction areas, I love construction. When I saw videos of flatbed trucking I was like "now that's what I want to do". 

Physical work in all types of weather is what I do best because that's basically what I do now for American Eagle. I Also worked for Spirit Airlines in the past, don't matter if its hot, cold, windy rain, or snow you have to go out there and service that plane. 5+ years of experience in all kinds of weather so this may give me the edge going into the flatbed division and besides I want to stay fit as a trucker too. Anyways that's it on that topic. Here's a cool photo of a Prime inc. flatbed truck below to end off this blog.

Alright, guys I usually don't make my blogs this long so I hope you guys enjoyed it. If you want to view the entire portfolio all you need to do is click the portfolio tab above. As always fellas keep stacking that sweet dividend money and ill see you guys next time 😉.