Stock Action, July 2019

I update my New Dividend Payouts every month and my Blogroll is crawling with Dividend sites, let’s face it, I’m a Dividend Junkie.

Surely, I am far from alone. There are loads of us out here in the ether, lurking around,  ogling each others portfolios.

And by ogling I mean ‘to look at amorously, flirtatiously, or impertinently‘.

At the close of each month, I now display my New Dividend Gains, Stock Action, and Market Moves for your voyeuristic viewing pleasure.

Compared to last year;

My Dividend tally is slowly creeping toward that Epic Milestone of $1,000/month. My plan is to not stop until I am replacing $1,500/month of paycheck income with passive income from a Dividend Portfolio.

Without further teasing,

I DO NOT buy stocks to have them go up in value and then sell at a profit. That kind of stock market game is not to my taste. It is too hard to try and beat the market, I learned my lessons long ago.

One of the great things about this type of Portfolio is that I am not living and dying with the swings of the market. I do not care much about the day to day ups and downs of the DOW because I am interested in the Dividends, not the market value of the individual stock.

Stock Action;

I usually sell off a stock when I am down either more than $400 or 12%. I hoard up these losses to take as a deduction on my taxes. The IRS allows a deduction of up to a $3,000 loss of stock transactions in a given year. What I don’t use, I roll over for future years.

It also turns blood red Bear Markets into nothing other than buying opportunities for New Dividends.

Have faith in the markets, at least for a percentage of your capital.

I have plowed a total of $34,352 into this portfolio for the calendar year 2019. (so far)

January – I added $ 9,500 in cash and $ 908.55 in dividends to my portfolio.

February – I added $ 3,000 in cash and $ 317.52 in dividends to my portfolio.

March – I added $ 3,000 in cash and $ 1,466.93 in dividends to my portfolio.

April – I added $ 3,310.72 in cash and $ 675.37 in dividends to my portfolio.

May – Some serious capital that will generate New Dividends. I added $ 4,750 in cash                    and $ 583.98 in dividends.

June – I added $ 1,800 in cash (below average this month), but also $ 1,276.41 in dividends (high water mark for a June!)

July – I added $ 3,116 in cash and $ 651.17 in dividends to my overall portfolio.

My 2019 automatic deposits to this account have been bumped up from $250 to $500/month. Plus all dividends accumulated are used to buy additional shares. I also stuff random amounts of cash into buying more shares whenever the opportunity arises because I am more than a little obsessed. Are you a dividend junkie?

2 thoughts on “Stock Action, July 2019

  1. i bought WM dividend stock a month or two ago. it should be interesting to see where corteva goes after the spin. i just put another one on a watchlist too, AJG. they just bought my brother in law’s company and they’re a pretty conservative and boring insurance type company.

    35 g’s is a lot of cheddar to add this year. all we’ve done is spend money in ’19.

    • This year I have been concentrating on adding to this portfolio instead of say, precious metals.
      I keep about 70 stocks even though there are many more I think I like, I usually wait until I dump one to pick up another.

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