Wednesday, November 30, 2016


Ended the month of November with 9 great dividend payments, making November the third highest month of 2016 for dividend income.  Of course I expect December, with it's 32 dividends to blow them all out of the water! It will also be the first month I'll receive a dividend for every day of the month.  While there's no question 2016 has been a good year for my dividend investments, it sometimes seems that I'm not making much progress.

However, when I checked monthly dividends for January 2013, when I began building my current portfolio of investments and compared it to projected income for January 2017, I was amazed to see monthly income will be 41 times higher.  This works out to a monstrous 4,000% increase!  So there is really no doubt about making progress.  If I could repeat this amazing feat by the time I retire 5 years from now, my monthly dividend income would exceed Social Security.  While it seems unlikely that I'd be able to repeat the process, 4 years ago I'd have never thought things would work out so well.  So we'll see how it goes.

Tuesday, November 22, 2016


A few months back I decided I'd like to increase middle of the month income.  When you retire, most of your expenses are at the beginning and the end of the month.  So the fact that I was already receiving the majority of dividend income on the first and last days of the month was not a bad thing, but I figured increasing mid-month income would allow for little extras during retirement.  To that end, I targeted new investments paying dividends between the 10th and the 25th.  

I'm happy to report that this strategy has worked quite well and mid-month income has more than doubled in less than 6 months.  It is now on par with first and last of the month income, giving me a steady stream of dividends throughout the month.  With the purchase of GAIN bringing my total number of annual dividend payments up to 312, I'm now averaging 26 dividends per month.  This puts me ahead of schedule to reach 365 dividends by the end of 2017!  Once I've reached a dividend per day for every day of the year, my next step will be to build positions and increase daily payments.  I'm excited to see what's in store for 2017!

As a final note, I'd like to take this opportunity to wish everyone a Happy Thanksgiving!

Friday, November 18, 2016


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Friday, November 11, 2016


Managed to come up with the money earlier than I thought to purchase a stake in GAIN early next week.  GAIN has a dividend yield of 9.69% on their current price of $7.89, with a monthly dividend of $0.0625 per share!  They have more than sufficient earnings to maintain and/or increase dividends and have a low P/E of 5.76.  They also have a special dividend of $0.05 per share payable on December 31st, which means I'll have bought in just in time to collect first dividend payments in December 2016!

The stock market recovered rather quickly from the surprise of Trump winning the Presidential election.  A new president always brings a certain amount of uncertainty to the stock markets, so I'm still not expecting any major jumps in market indexes next year.  However, that may or may not be the case.  May plan is to stick with my stock purchase plan and get to my goal of at least 365 dividends per year.  This purchase of GAIN will bring me up to 312 dividend payments per year (including the special dividend in December).  I'm excited about the new President and what the new year has in store!

Tuesday, November 8, 2016


Election day is finally here.  We cast our votes today and hopefully put an end to a contentious election year.  I'm sure I can't be the only one who's been disturbed by the uncivilized behavior during this year's presidential elections.  If you took part in the rioting, blocking the streets and threatening rally goers, I have a little advice for you.  GROW UP!  That is not how civilized people act in public.  You have every right in this country to vote for whoever you want in office and you have every right to protest, but you DO NOT have the right to prevent others from doing the same.  If you break the laws, commit a crime, during a "protest" you are a criminal and should be arrested and punished according to the law.  Doing so does not help to promote your cause, it only serves to discredit you and your cause.  So let's all act our ages, be civilized and get out and vote.  

Tuesday, November 1, 2016


Hope everyone had a happy and safe Halloween!  It's a new month and I was very happy to collect 7 great dividend payments for the first day of November.  While posting first of the month income, I did a quick projection of annual income for 2017.  If I do absolutely nothing, no new cash investments, no reinvested dividends, my annual dividend income would still increase by over 30%!  Of course I plan on reinvesting dividends and making new and additional stock purchases, but it's nice to know that I'd get a raise without doing anything.

With the market down as much as it is, I'll most likely be reinvesting most dividends by January 2017.  I had been collecting payments in cash, waiting for prices to go down so I could buy more shares at the lower prices.  While I have no idea where the bottom or top is in the stock market, I do know that if shares are cheaper than I originally paid, by reinvesting dividends I'll be reducing average price per share thereby increasing possible future gains.

Really looking forward to my upcoming vacation.  No big travel plans, but I'll be spending time with family and car shopping.  Don't really know if I can afford to buy another car right now, but I'm going shopping for one none the less.  Never know what kind of deal you'll come across, so I figure it's worth a look.  Wish me luck.