Tag: Finance

Missed Passport Appointment

I ended up missing my appointment for the passport with photo. Overslept and had to work. My last day of my current job is Saturday coming up and move to Chicago will be a month after at least, depending on living and work to get situated there.

Ended up having to revamp my Robinhood account so that I can have the minimum at $1544 with dividend re-investment automated. Going to split it 54% stocks, 44% bonds (ETF: BND), 2% Cash. This hopefully gets me interest plus the DRIP, hopefully to increase at a desired rate during the six months before going Zambia. The six months will be for making my passport valid before traveling internationally.

My mom has cancer and has about 5 -6 months. I’m in a funk about it, depressed and hoping that it’ll be better than thought. The reality though is much different. For me, the move back to Chicago would be for a better job which would allow for a trip when the inevitable happens. The budget plan allows for trip and allowance when it happens.

ReVamped Portfolio

Due to the most recent events, I’ve reduced my portfolio to 11 stocks that pay monthly. My focus is going to at minimum be the total value per month equal to a living wage of the country, province, state, or city of which I want to live. I believe that this would allow me to at least get the option of what I would like to do for work, without having to worry about the basics.

Monthly Stock Quantity Goal 
StockPercent as a NumberRule of 72 (2x)Rule of 115 (3x)QTY Total StockPrice
AGNC8.8181321 SPFF$11.8978
GOOD7.6791524 GAIN$12.2700
PBA6.99101627 MDIV$16.2300
HNDL6.94101727 AGNC$17.0200
GAIN6.92101727 GOOD$19.7300
MAIN6.63111728 HNDL$24.7000
SPFF5.81122032 SJR$26.3900
MDIV5.48132134 PBA$28.8700
SJR5.00142337 ANGL$31.9000
ANGL4.67152540 MAIN$39.2600
O4.64162540 O$64.2200
TGIF2.51294675 TGIF$104.6107
Total72.07159254413 Total$397.0985
Average6.01132134 Average$33.09

The table above shows what base quantity I will plan on starting each stock according to the percent as a whole number. The 72 column is the planned initial starting quantity and the 115 column is the planned bump up. Each stock I think will help to step up the dividends coming in added to interest earned and the portion of my paycheck going into the brokerage account. In addition to this, Coinbase offers some stable coins that earn “interest”, or rewards for holding them.

Crypto Quantity     
Date08-Apr-21    
Amount   Amount$917.00
CryptoYield Percent (#)72 (2x)115 (3x)Total% Of AccountCrypto% AMT
Algorand (ALGO)6.001219312.15%ALGO$19.72
Cosmos(ATOM)5.001423372.58%ATOM$23.67
Tezos (XTZ)4.631625402.79%XTZ$25.56
Dai (DAI)2.003658946.45%DAI$59.17
USD Coin (USDC)0.154807671,24786.03%USDC$788.89
Totals17.785588911449   

In an attempt to copy and paste the excel sheet, I’m starting to realize it may have to be done different. If it makes sense, that would be good. If any clarity is needed, please let me know and I will be able to see if I need to go as far as starting the table from scratch to at least help with what’s being shown. I do plan on figuring out the best way to do my excel documents in the future.

Current positions with projected income
Current projected 12 month dividend income with average monthly totals
Just starting this, I currently just have 2 but plan adding more in the next 3 months as I start planning to move.

As these two are just the first steps, I plan on expanding my investing portfolio as each becomes completed. Can only hope that it won’t take tooo long to build. As with all good things though, building a firm foundation helps to build the house of your dreams.

My Portfolio As Of 11 June 2020

It was a pretty crazy day today for the stock market, dropping approx. 800 pts. When I woke up this morning, the only thing I had on my mind concerning the market was what I was going to buy from my list of stocks to add to my portfolio. After making sure that the portion of my paycheck I designate to my Schwab brokerage account, I bought 21 stocks under Schwab’s fractional share program called Schwab Stock Slices. For the stocks under the program, $5 is the minimum amount that can be used to buy into a stock.

table-of-stocks-to-hold-in-schwabDownload

The ticker symbols in bold are the stocks I have after today. Next week, four remain and the plan then becomes to buy 3 stocks per payday until the last payday in September.

Luckily I didn’t have more than I did or else I would be down a lot more…. 🙂

Come October, I plan on checking the quantity of stocks that I per ticker symbol and sell the ones that are over their quantity number and put towards the ones that are still under. Once all the stocks that I have are at the baseline quantity I set for them, then I plan on buying the dividend baring stocks that aren’t part of the fractional share program and start the process again.

The income derived from the dividends will be added to the paycheck portion I have set going into the account, increasing what I can put towards buying stock and therefore increasing my dividend income.

Chart showing current dividend income
Table of last years, YTD, and estimated income. Interest gets added after it is applied to any money fluid cash not being used.

The charitable account that I have will become a place where I will put at least 5% of any money recieved once I have reached a basic quantiy of all stocks I plan on buying though I have been reconsidering to when I start recieving dividends equaling $1+.

Currently

After spending a month in the Chicago and spending majority of my savings on hotels, food, and a little entertainment and not able to find a place to live in enough time while working for $13/hr, I have come back to the Seattle area. Renting a room and working saving for a place here. Initially want to at least have 3 months worth of current rent saved up in a savings account before considering the next step. Included with that as well will be 3 months of expenses, fixed and variable. Going to wait till October to see where that’s at, having 20% of my paycheck being sent to my Barclay’s savings account. Waiting till October should be able to allow it to build with the percent contribution plus the 1.15% interest.

In the meantime, I will add to my Schwab brokerage, especially now that they offer a form of fractional shares. How I found out it works is that $5 is the minimum to buy a slice of a particular company that is qualified for the fractional share program that they offer. Allowed is the ability to select up to 10 at a time, making the minimum $50, maxing out at about $7,000. Needless to say, I just have 10 stocks that I used $50 to buy. Once I buy all on the table that I set up to guide me, than create a share quantity baseline to help me have a goal and to start building my account by adding more like bonds, treasuries, and CD’s with Schwab and/or Capital One bank since that with Capital One’s CD’s don’t require a minimum and would make it easier to pay off my credit card when I use it.

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.