Category: Financial

My Investment Income So Far

So far, I’ve combined a list of places I’ve worked with dividend paying stocks, businesses with HQ’s in the Pacific North-West, and suggestions by a youtuber Joseph Hogue. Since I couldn’t put more than 40 on each watchlist, I ended up making two and clicked on the header that made each list go according to price of each stock, low price to high price, then I printed. Opening a word document, I then proceeded to create categories of <$10, $10 – $50 , $50 – $100, and $100 – $1,000. With only a portion of my current paycheck going to the account I’d be making the transactions, this seemed like the best plan. In each price category, I’d use the higher end to determine how much I’d spend on buying stock. An example, in the $10 – $50 category, I used $50 as the amount I’d spend on each stock. So far, the range has been 1 quantity to 3 quantity. This has gotten me to about an average of $10/month currently, with the third month of each calendar quarter being the highest payout.

With Schwab currently being commission free, I’m able to buy a lot more than I used to, but quantity still be limited by the price. And with Schwab’s automated investment account, I can then then transfer the minimum amount required ($5,000) at the moment that it’s met, though I wish the minimum was slightly lower.

<$10

  1. HL
  2. GE
  3. F

$10 – $50

  1. GAIN
  2. ET
  3. AGNC
  4. DCP
  5. T
  6. SBR
  7. MAIN
  8. HRL
  9. FFNW
  10. UMPQ
  11. SCHN
  12. RANJY
  13. KR
  14. HFWA
  15. TSBK
  16. WY
  17. GBX
  18. BCC
  19. JWN
  20. COLB
  21. WAFD
  22. SFBC
  23. PCH
  24. AVA

$50 – $100

  1. FLIR
  2. FSBW
  3. BANR
  4. POR
  5. ECOL
  6. ALK
  7. FTV
  8. PCAR
  9. POPE
  10. EXPD
  11. SBUX
  12. BBSI
  13. NKE
  14. COLM
  15. LTC
  16. KO
  17. VZ
  18. EFA
  19. EMR
  20. XOM
  21. VTR
  22. IJR
  23. O
  24. BND
  25. VNQ
  26. GPC

$100 – $1,000

  1. DVY
  2. LOW
  3. AGG
  4. EXR
  5. VIG
  6. JNJ
  7. MMM
  8. AAPL
  9. SPY
  10. IDA
  11. UPS
  12. WMT
  13. LAD
  14. EXPE
  15. MSFT
  16. MSI
  17. COST
  18. BA

Figure 1 Current Income Level With Crossed Out Stocks

Figure 2 Current Level of Total Amount Invested.

Working on Creating a Passive Income Through Investing

            In an effort to free myself financially, I have decided to try a few things. Legally of course. First step, use my brokerage account through Schwab since it’s my primary means of investing. I have considered using Robinhood or one of the many others, but I have been using Schwab way more frequently and figure it wouldn’t hurt.

            The tickers I’m going to start with:

            AGNC

            MAIN

            SBR

            GAIN

            LTC

            BND

            As it stands right now, I am going to start with $2104.16. Fee for buying stock is $4.95 and would bring the buying power to gain each stock to $345.74. With these being mostly monthly dividend paying stocks, it should allow additional buying power along with any interest gained from cash not used sitting in the personal brokerage account.

            As soon as the markets open (9:30am EST/6:30am PST), the opportunity to buy  will present itself. Living in the Seattle area currently, and if I want to be able to check on conditions when the markets open, I would have to be up and ready by 6:30am.

            Most of what I want is to be able to have money to pay for basics along with being able to travel whenever I choose. Picked up a calendar that is themed with the 1,000 places to visit before you die. Figured it would be a good start for my traveling wants. Hopefully it won’t take too long to get to the point of being free and traveling the world, but being realistic does keep things in their place. Especially when the unexpected  happens and may divert time and energy. Right now, things are looking smooth.

Hoping to be able to keep an update of efforts and travels.

Till we meet again.