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 😉.

Dividend Update July 2020

Whats up fellas, welcome back to the "lets get that sweet dividend money" blog........nah just kidding. Welcome to the Dividend Mascot blog guys, even when im 40+ years old in the future, ill still be using that nickname within the dividend growth community. Anyways guys so as usual im being extremely aggressive pushing the portfolio to new levels. QCOM (Qualcomm) is my star holding of the week with massive capital gains, (first holding to surpass $1,200+ in total gains) most likely from the 5G movement and with there involvement in the development of phone chips with APPL (Apple). If Apple stock has a strong rally then Qualcomm stock will basically copy and have a nice rally as well. QCOM up 18+% in the last 5 days (7/30/20 to 8/3/20) as well as APPL up 14+% in the same time frame. Anyway guys lets go over the dividend income.       

Roth IRA

Total: $90.10

Taxable Account

Total: $35.39

Grand Total: $125.49

YoY: 32.27%

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

The Taxable account has surpassed $10,000+, like litterally the fastest $10k i have ever built compared to the Roth IRA first $10k. It was like pressing "saved game" button on the Roth IRA and then pressing "start new game" button for the Taxable account. The difference was i started the account with all the experience i gained from building the IRA. The more experience you have the faster you grow your wealth. So ive said before once i hit $10k on this account ill transition back over to max out the Roth IRA. Im just going to top off all 4 of my holdings of VCLT, PM, ED, & VZ. With PM, ED, & VZ all 3 spinning off a healthy $30+ dividend payments so when im not active on the account, the compound interest is big enough so that in a way its managing the account by itself 😉. ED is already set and done to payout a $30+ dividend, so once VZ & PM are set ill throw the left over or a few hundred at my bonds (VCLT) then im done with Taxable account for the rest of the year. 

Also i must add that my yearly projected dividend income is now over $1,500+ (on flat shares no added interest, like 20.000 shares for an example), this projection was calculated on google sheets using flat shares on purpose to not only underestimate the yearly income, but to also cause myself to push the portfolio even harder than i anticipated. Its like dividend investing on hard mode, no compound interest unless the interest has accumulated a whole share then ill add 1 share to the stock.  

Well guys that should be it for this update, if you want to see my entire portfolio just click the "portfolio" tab above. Alright guys, keep stackin that sweet dividend money and ill see you guys next time 😎.

Dividend Update June 2020

Happy 4th of July everyone!!!! Welcome back to the Dividend Mascot blog =). 2nd quarter 2020 results are $364.61, surpassing $350+ (starts hittin em Michael Jackson smooth criminal moves). Anyway guys, what did you guys think of markets activity in the last 30 days? The NASDAQ is looking pretty good at 10,200+, the S&P 500 is at 3,100+ just 250+ points away from breaking even from its previous highs, and as for the DOW..........its just all over the place lol currently at around 25,800+. As of right now the NASDAQ is the only market i see as bullish. Anyways guys enough chit-chat lets go over the dividend income. 

Total: $92.50

Total: $27.63

Grand Total: $120.13 ( im already looking forward to $150+)
YoY: 23.02%
Purchases: 4 shares of ED, & 4 shares of VZ



As you can see ive received my first dividend payment of $18.36 from (ED) Consolidated Edison.......excellent. The switch from (RDS.B) Royal Dutch Shell (just hours after they announced a dividend cut) into (ED) went flawless. In the previous quarter in March i made $117.21, so i actually increased my income instead of being hit by a decrease. As we cross the half way mark of 2020 i will announced that my year-end goal is $150+ a month. Have to take things up a notch moving forward if i want any possibility of hitting $1,000 a month by 30 (i have 5 years left). Every decision i make, every double shift (14 hours ) i decide to work back to back is based on mathematics. Im playing a game of chess and im willing to do whatever it takes to win. My final thoughts on Royal Dutch Shell is that at this point all i care about are the employees, i dont want to hear any news about a bunch of employees getting laid off.  



As i end off this blog i just want to give my firm salute to all the Veterans as we celebrate 4th of July. To all my retirees sit back  and getting ready for what's to come for my journey in the future, as for all investors keep stackin that sweet dividend money and ill see you guys next time =)   

Dividend Update May 2020

Whats up fellas, welcome back to the Dividend Mascot blog =)

Man the market has been on a rodeo bull ride "recovery" lately. Dow Jones topping 27,000+, S&P 500 near 3,200 & guess what.........the NASDAQ has fully recovered to 9,800+ since the recent stock market crash ladies and gentlemen.......unbelievable. I might as well get ready for the bull to enter the rodeo ring again. May have to say my sweet goodbye to the grizzly bear that ive had a wonderful time cuddling with in the woods during this crazy red market, now all i see is green. Personally i dont see a bull market until all 3 markets have fully recovered past there previous highs. Lets see what happens for the market during the second half of 2020.  Anyways guys, let go over the dividend income.  

Roth IRA

Total: $87.70

Taxable Account

Total: $30.77

Grand total: $118.47

YoY: 44.12%

NEW PAYDAY RECORD: $60.64 - 5/1/20 (T/VZ/GIS)

Purchases: 14 shares of ED


Alright fellas so (ED) Consolidated Edison holding in my Taxable account is now valued over $2,000+, everything went as planned.  The taxable account is now approaching $10,000 as the market continues to go green. Soon enough the entire portfolio will be valued over $40,000. I think at this point hitting a $100,000 before 30, (as im 25 right now) its a rap folks. The heavier i scale my holdings and not diversify (or at the very least every few years diversify), the faster the wealth compounds. During the crazy red markets i kept repeating over and over again that i stayed focus and strictly dollar cost average my way through the crash (so beginner investors can see). When the market recovers all those purchases you made during the crash will boost your portfolio even higher. All i care about at this point is scaling heavier and heavier like for example like 100 shares of Clorox, Johnson & Johnson, McDonald's, Kellogg's, Coca-cola, Pepsi, Kimberly-Klark, Proctor & Gamble & more. That is my vision for the future with in the next 5 years and obviously 100+ share holdings in my taxable account as well.



Anyway guys this just a short little update nothing special just boring. Hope you all did well for the month of May with your dividends. Stay safe out there, keep stacking that sweet dividend money, and ill see you guys next time =) 

Dividend Update April 2020

Whats up fellas, welcome back to the Dividend Mascot blog. Hope you all did well with your dividend income for the month. As many of you have heard, Royal Dutch Shell (RDS.A/B) has cut its dividend for the first time since World War 2 (thats over 70 years of dividend payments). Your probably wondering "oh my gosh what are you going to do!?!"..........its already been fixed before you even clicked on this blog (within a snap of the fingers of its announcement on Seeking Alpha i already had a 4 figure new position set on this replacement stock). I had a back up stock set in place for this that pays out a dividend in the same quarters that shell does (pretty cool right?), and on top of that i was already planning on switching from RDS.B to this much stronger stock for the taxable account anyways. Especially for tax reasons i needed a stronger stock plus it needs to give out a "Qualified" dividend rather than a dividend that comes out under just "income" when you file your taxes. I will discuss about the "new" position after we go over the dividend income. So with out further or do lets go over the sweet dividend money. 

Roth IRA

Total: $92.39

Taxable Account

Total: $32.62

Grand Total: $126.01
YoY: 49.76%
Purchase: 3 shares of PM & 13 shares of ED (will be buying alot more of ED soon)
Sell: All RDS.B shares


So as always i love to have my blog be as "straight forward to the point" as possible. I like to keep it real on here. So lets discuss the new position of (ED) Consolidated Edison that replaced Royal Dutch Shell (RDS.B) after they cut there dividend by 66%. (ED) is a eletric/gas utility company founded in 1884 based in New York and has an impressive 45+ years of dividend raises. In like 5 years or less (ED) will be crowned a dividend king (50 years of dividend raises) this stock has been in the air for me for a really really really long time and ive never mentioned it once on this blog. Every time i would study dividend kings or look up dividend list on kiplinger.com back then i would always see (ED) pop up on the side as recommended stocks based on my search history of strong dividend stocks. So making this quick move just made my portfolio alot stronger along with all my other "boring" stocks, so when everything is set by the end May my (ED) holding value will be around the ~$2,000 ball park. Like that old saying "it takes money to make money", i remember back when my entire portfolio was worth that much. So If you look through my portfolio like over half of it is from the shelves from your local Walmart lol. All i care about are strong recognizable "brands". 


As i get closer and closer to my 5 year anniversary of dividend growth investing the more i only care about dividend kings if i ever want to diversify into more dividend growth stocks lol.  The more this is becoming a video game.... litterally. So i all want to do is leave the portfolio the way it is and continue to scale up all my holdings, and one day ill be having several 5 figure holdings because i dont want to diversify 😉. 



Btw got something really cool for guys, so the moment i saw the shells dividend cut notification i made a smooth quick transition to (ED). Just like how you see Wesker in this boss fight video takes off his glasses and throws it behind 😎. Its like im literally sitting the edge of my couch with an xbox controller in hands playing an intense video game lol. Hope you all enjoy my crazy enthusiasm. 

The moment shells dividend cut news came in

In this game of dividend growth investing sometimes you have to be brutal. Thats why you sometimes see me share videos like this to illustrate my brutal determination. To set things up right so my 40 year old 15 years from now can have all his monthly basic expenses paid by the dividend income the taxable account. 

Well thats it for this one folks, as i end this blog i want to give a shoutout to all hospital doctors/nurses wearing those suits and mask that are working hard treating the coronavirus patients. Anyway guys i hope you enjoyed the blog, keep stacking that sweet dividend money, and ill see you guys next time 😉.