Friday, November 29, 2013

November Recap

November was a pretty solid month, nothing unusual to report other than the equity markets are on fire.  If you would have told me the DOW would surpass 16,000 this time last year I wouldn't have believed you.  My plan is to continue purchasing income paying securities on a monthly basis and also increase my cash reserves.  

DOW: 16,086 /// S&P 500: 1,806 /// 10-YR BOND:  2.74%

New Purchases:
1) 58 shares OHI at $31.45: $111.36 annual income
2) 27 shares TGT at $63.88: $46.44

Sales:
1) 56 shares SNH at $23.40: ($87.36) annual income

Dividends Received: $386.71
AT&T (T) $82.35
General Mills (GIS) $26.81
iShares Emer Mkt Bnd (EMB) $2.62
Air Products (APD) $22.01
Linn Energy (LINE) $24.16
Abbott Labs (ABT) $7.56
Abbvie (ABBV) $21.60
Exchange Income Corp (EIFZF) $17.17
Kinder Morgan Inc (KMI) $62.73
Procter & Gamble (PG) $46.92
Realty Income (O) $15.64
Realty Income series F (O-PF) $6.76
Senior Housing Properties (SNH) $21.84
LTC Properties (LTC) $28.58

Dividend Increases:
1) SBSI: $.20 to $.21 per quarter. $2.88 annual income
2) EMR: $.41 to $.43 per quarter. $4.40

New Deposits:
$2,000 to taxable account, $50 to lending club

Lending Club interest:
$8.95

22 comments:

  1. looks like a good month all around. Keep it up.

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  2. CI,

    Another fantastic month! You're killing it. Keep up the great work. :)

    Sounds like you have a reasonable plan to keep investing, but also build up the cash reserves. I hope we see some better opportunities in the near future.

    Best wishes!

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    Replies
    1. It sure is a tough call. Equities are obviously over valued (not bubble levels in my opinion), but I cannot increase my income stream if I do not buy anything. At the end of the day we want income so I guess we have to continue doing what we've been doing all along. I think we can find at least one stock looking attractive enough for a purchase, although margins of safety are slim.

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  3. Can't complain about that month for the dividends, plus it is great to see your Lending Club interest continuing to creep up each month as the account grows. A few years from now your passive income will really be cranking from the compounding and the added capital. Looking forward to following along!

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    Replies
    1. Yes the income stream is still growing, however new purchases don't have the same fire power as they did in the past. I think I can still grow income by $1,000 a year despite the heated market, first world problems...

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  4. Congrats on another great month! If I'm not mistaken, December is the month when the mother lode pays out... looking forward to your end of the year results!

    FI is getting closer and closer...

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    Replies
    1. It's slow, but I'm also enjoying the journey. Since I'm taking some leave this month, I might end up with more ski days than work days. A small taste of the future?

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  5. Man, $380 in November is awesome! I can't wait to see December's payout.

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    Replies
    1. I appreciate your continued support. December should set new single month records for both of us!

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  6. Good move on the REITs! They are beaten down and primed for a climb. Of course a climbing interest rate could still wreak havoc... I added a few as well.

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    Replies
    1. REITs indeed look pretty attractive here. I prefer to place them in tax advantaged accounts meaning I'll have to wait till 2014 for another chance to add. I would actually welcome higher interest rates as I'd like to bump up my bond holdings. I'm not excited about bonds at current interest rates. Best wishes!

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  7. Truly a nice monthly income!

    I hope to be there somewhere in the 1-2yr spectrum :)

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    Replies
    1. I appreciate your kind words, I hope you surpass where I'm at now!

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  8. I think you are keeping your Lending club deposits vs dividend deposits at a good ratio. I will probably get back to lending club next year but it won't be taking much money.
    Congrats on a solid month.

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    Replies
    1. I'm having problems getting my LC $$ invested and may not do a deposit this month. Lately it has hard to find new notes and even when I do quite a few are never issued. I'm going to take a look at changing strategies someday. Take care

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  9. Another solid month -- keep up the good work!

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  10. CI,

    Great month of November. Looking forward to seeing what your new record will be in December and into 2014!

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    Replies
    1. Thanks SWAN, I was thinking about December the other day when some dividends came in and it dawned on me that I sold half my INTC shares. Perhaps it won't be as stellar as I originally thought. Oh well :(

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