It’s been awhile, hasn’t it?
How are you? We’re fine here.
How’s your portfolio? Down a bit?
What a difference the past few days have been!
So, how does ‘the market’ look now? Take a look at the YTD Total Performance of the Nasdaq $COMPQ – NYSE Composite Index $NYA – Dow Jones Industrial Index $DJIA – S&P 500 Index $SPX (Click here for a ‘live’ version)
Now, that’s using the timeframe “YTD”, but another timeframe might make it appear worse or better. This is purely to illustrate the fact that the market does go down at times.
Will it continue to go down? Perhaps, but being a dividend investor has certain advantages. I adjusted my focus more towards income now, and it will soon start to pay off. Last month the dividend haul was a little ‘light’, and where it’s coming in at under $700 it was a little hard to take. But, this month’s projected dividend income is almost double February’s paltry total and will come in around $1,300 or so. That’s more like it.
I have disabled #DRIP across the portfolio to allow me to accumulate some cash and/or to deploy cash as I see fit. It’s pick and choose, and one of the criteria I’ll be using is how much will it pay me? There are other criteria as well but at this point in our lives we are mostly looking for income, tax-free and lots of it. We don’t make enough tax-free income to even begin to worry about such things as K-1s or 1099s or even filing a return. This will be our 3rd year not paying any income taxes and it feels damned good.
We’re poor, but happy.
Our MLP exposure is just enough to be an inconvenience, but again we are mostly looking for income. Everything else is secondary.
We’ve had a good run, right? I mean, the market and all.
On February 21st, I took a screenshot of part of my spreadsheet with some ‘gauge charts’ on it. It helps me see how the whole portfolio is performing, overall. We were doing fairly well, and I was already working that annual dividend figure upwards. We had a really nice unrealized gain, for a while…
Here, take a look;
clicking makes it bigger
It looks quite different now;
As you can see, there’s a lot of information on that part of the spreadsheet.
Each portfolio also has a couple of those ‘gauge charts’ to let me know how we are doing, relatively, and rather arbitrarily, speaking. I say this because the charts are customizable and can be made to represent data in the ‘best light’, so be aware of that. Nevertheless, they do tell me quite a bit.
So, what’s next?
I don’t think much growth can be had from this point forward for many stocks and funds as they have grown so much already.
Well, I’ll probably be investing at least some of our dividends so that our income will increase. How do I tell which ones will pay the most? That’s easy because each individual portfolio page on my spreadsheet has enough information for me to be able to make these decisions.
The rest of this post is ‘old news’…
I have recently added some conditional formatting that highlights the TOP 5 in various categories; Position Size Ranking, % Change Since Purchase Rank, Rank By Yield, Rank by Total Return, Rank by Income, and Rank by Gain/Loss (and that’s just on the Port. tab!). You can also see Total $ Gain/Loss but the highlights there are just a positive/negative thing (as it should be) and the last column on the far right is percent of income with no highlight at all. Take a look (click it, it gets bigger);
(screenshot current as of May 12th, 2019)
On the Div. tab, there’s a column for Rank By Annual Income which again highlights the TOP 5 in that category. But just to the left of that are some Current Yield values that I have “borrowed” from the Port. tab and on the far right I have again “borrowed” from the Port. tab some Total Return values for a new column labeled “Favorites” by Total Return that highlights automatically when Total Return in this instance is greater than Current Yield. This makes it easy to see when someone asks what are your “Favorites” for Total Return? You really shouldn’t have favorites, per se, because that indicates emotional attachment to a thing like money. That’s bad. You should be as cold and detached as possible when dealing with finances and investing as is humanly possible. Also, I try not to play “Favorites” with this stuff, because it can cause you great financial pain. Take a look now at the Div. tab;
(screenshot current as of May 12th, 2019)
I only post for my holdings, but they’re as accurate as I can make them. The symbols are; AAPL, ABR, AGD, AMD, AMT, APO, ARCC, ARR preferred series’C’, ATAX, AWP, BFK, BGH, BQH, BRG, BSD, BST, BX, CCOI, CG, CHE, CLM, CME, COLD, CRF, CSQ, DCP preferred series’B’, DDF, DHR, DIAX, DMB, DNP, DSM, ECC, ELS, FLC, FTF, GAIN, GOF, GUT, HE, HEI, IIPR, IRT, LDP, LGI, MAIN, MGU, MHD, MNE, MSFT, MUA, NBH, NEWT, NKX, NMZ, NPV, NRO, NRZ, NVG, NYMT, NYMT preferred series’D’, NYMT preferred series’B’, NZF, OCCI, OIA, OUT, OXLC, PCI, PCK, PDI, PDT, PHK, PHT, PMF, PML, PZC, RFI, RNP, ROP, RQI, SHOP, SPLP preferred series’A’, STK, SUI, TERP, UTF, UTG, VGR, VPV, XFLT. Quite a list, eh? (90 total issues held; common stocks, preferred stocks, and CEFs, many of which are tax-free muni CEFs.) Most pay monthly! Some pay quarterly, and one pays semi-annually. (Most of our portfolio is held @ Fidelity, but we also have accounts @ M1Finance.)
Our Fidelity and M1Finance accounts are tracked by this spreadsheet.
This series of blog posts is now issued `monthly. There are usually 6 posts in the series when posted. The withdrawal update is also usually issued monthly. I think you should try to catch all of them, plus the monthly withdrawal update if you’re so inclined. Occasionally I’ll throw something else up for ridicule or admiration like my recent final posting about “Profiting from Preferreds”, so feel free to be entertained!
Of course, if something major happens I might be tempted to throw something up about that. Or not. Like the recession, depression, World War III, or whatever…
The most up-to-date method to view our holdings and expected dividends is to click here (will open in a new window).
Anyway, let’s continue with a look at the dates;
Here’s a look at the dates spreadsheet, showing the ex-dividend and pay dates of each dividend (also shown on the calendar). I sometimes use info like this to time purchases or sales after a stock goes ex-dividend, due to the anticipated drop in stock price, or to make sure I own a stock before the ex-dividend date to ensure I am entitled to the dividend. I mainly use it to keep track of the dates and amounts of the dividend. YMMV!
Look on the right side and you’ll see a chart (table) sorted by last declared ex-dividend dates.
This is that table;
But, as always, “Don’t be hasty” as Treebeard would say. 😉
PLEASE TAKE NOTE AND REMEMBER THIS!
I’m not telling anyone to buy anything or giving anyone any advice, because that’s illegal. You see, I have no letters after my name, like RIA, CFA, etc. I SIMPLY DO NOT GIVE ADVICE. I only tell (and show!) what I do. You, like me, are all alone in this.
And remember, always do your own due diligence!