Category: Dividend Stocks

Categories
Dividend Stocks Dividends Portfolio Trend Trade

Dividend Portfolio: 5/26/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review which is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $16,090 into the account. The total value of all positions plus any cash on hand is $15,829.98. That’s a total loss of 2.34%. The account is down $161.26 for the week, which is a 1.01% loss. We added $120 in cash to the account last week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -5.61% which puts us 3.27% higher than the market!

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI grew $20 to $577.

Dividends

This week we received two dividends: $3.67 from $SMHB and $2.71 from $SBUX. The $SBUX dividend hasn’t hit my account yet and will most likely be invested on Tuesday.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The $SPY dividend hit afterhours on Friday, so that will be invested automatically on Monday.

Dividends received for 2023: $205.62

Portfolio’s Lifetime Dividends: $616.02

Trades

This week we continued to use the turtle trend trade strategy on a few ETFs. The cotton futures ETN $BAL did not play out, we exited that on a loss this week and used the funds to open a new position in $VTWV. There are some takeaway lessons for me here, one is keep an eye on the big ask spread. The $BAL and $MEXX trade before that was difficult to exit cleanly due to the spread. Second lesson is to be mindful of sector rotations.

The second lesson is more specifically about my un-timely exit of $MGK last week and entry into $VTWV this week. $MGK was cut in order to have capital for an $XLC add. Ideally, I should have done that the other way around and that should have been obvious to me as $XLC is a mix of defensive and growth tech companies whereas $MGK consists of only bigger and better growth tech names. $MGK outperformed $XLC by over 1% this week. Then, to add insult to injury, I initiated a trade in $VTWV, a value small cap ETF, without thinking of the sectors. Mega-cap growths have been more in favor this year than anything else, and small cap value stocks are the most out of favor. So why am I fighting the market with this? I have no good answer, other than $VTWV hit a 20 day high and I entered per the Turtle Trade Plan. Can’t be mad at myself for that, but clearly there is room for me to improve by thinking about the context of the overall market before initiating. See the chart below that shows segments like $MGK have vastly outperformed segments like $VTWV year to date, these are things I will keep a better finger on going forward.

Overall, $XLC is still moving forward bringing me a $40 gain so far, but the total Turtle performance is lacking. You can see a summary of all the trades so far below. We are still working out the kinks and refining skills, but I’m hopeful for how it will play out time. I have published a full article on the turtle trend strategy which you can read here.

Aside from Turtle trades, we added to our $JKHY and $BAC positions leading up to the next ex-dividend date. We also did some adding to $T which has just gotten wrecked in the past few weeks. At this point, I really am adding down into this one so that my cost basis is low enough to allow me a decent exit sooner rather than later, but we will see if the market plays ball on that. I am fine with holding for some time, as the yield is good, but as my portfolio starts to shift to high quality stocks, this is one I will want to scale out of.

Full details for my trades are below:

  • May 22nd, 2023
    • ETRACS 2x Monthly Pay Levered US Small Cap ($SMHB) – dividend reinvested
  • May 23rd, 2023
    • Bank of America ($BAC) – added 2 shares at $28.84
    • iPath Series B Bloomberg Cotton Subindex ETN ($BAL) – sold 9 share position at $60.33, trend trade exit for a 3.8% loss
    • Vanguard Russell 2000 Value Index Fund ($VTWV) – added 5 shares at $118.81, trend trade entry
  • May 24th, 2023
    • Jack Henry & Associates ($JKHY) – added 0.25 shares at $146.20
  • May 25th, 2023
    • AT&T ($T) – added 5 shares at $15.12

Next week, I’ll be keeping my eyes on $BAC, $BBY, and $CMCSA for opportunistic DCA adds leading into their next ex-dividend date. Also am interested in adding to $APD, $NVO, and $JKHY to grow those smaller positions.

Summary

That is it for the update this week. The market recap/outlook is also live and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read this week’s here!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 5/19/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review which is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $16,090 into the account. The total value of all positions plus any cash on hand is $15,850.10. That’s a total loss of 1.49%. The account is up $72.57 for the week which is a 0.49% gain. We added $120 in cash to the account last week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -5.91% which puts us 4.4% higher than the market!

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI grew $1 to $557.

Dividends

This week we received two dividends: $2.28 from $O and $1.86 from $TXN.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The $SPY dividend hit afterhours on Friday, so that will be invested automatically on Monday.

Dividends received for 2023: $199.25

Portfolio’s Lifetime Dividends: $609.65

Trades

This week we continued to use the turtle trend trade strategy on a few ETFs, this week they performed decently with $XLC growing to a $20.60 gain so far. This week we exited out of $MGK as I used that capital for the $XLC adds. I also exited the $MEXX trade with a slim gain. It should have been a loss, but the bid ask spread worked in my favor (this is something I’ll have to keep my eyes on in the future). We also initiated a new trend trade in $BAL, a ETN for cotton futures, a position that is much more in line with how Richard Dennis traded. I have published a full article on the turtle trend strategy which you can read here.

Aside from Turtle trades, we added to our $MMM as it approached the $100 psychological level. We did a small DCA into $JKHY, a position I would like to grow while banking concerns are still relatively pertinent.

Full details for my trades are below:

  • May 15th, 2023
    • 3M ($MMM) – added 0.25 shares at $100.04
    • Direxion Daily MSCI Mexico Bull 3x ($MEXX) – added 1 share at $157.47, trend trade add
    • Realty Income ($O) – reinvested dividend
  • May 16th, 2023
    • 3M ($MMM) – added 0.4 shares at $98.53
    • ETRACS 2x Monthly Pay Levered US Small Cap ($SMHB) – added 3 shares at $4.30
    • Jack Henry & Associates ($JKHY) – added 0.25 shares at $150.72
    • Texas Instruments ($TXN) – reinvested divided
  • May 17th, 2023
    • Vanguard Mega Cap 300 Growth ETF ($MGK) – sold 5 share position at $212.80, trend trade exit for a 2.57% gain
    • SPDR Communication Services Sector ($XLC) – added 6 shares at $60.60, trend trade add
  • May 18th, 2023
    • SPDR Communication Services Sector ($XLC) – added 4 shares at $61.57, trend trade add
  • May 19th, 2023
    • Direxion Daily MSCI Mexico Bull 3x ($MEXX) – sold 4 share position at $150.97, trend trade exit for a 0.53% gain
    • iPath Series B Bloomberg Cotton Subindex ETN ($BAL) – added 9 shares at $62.73, trend trade entry

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to $JKHY and $BAC as their ex-dividend dates are close.

Summary

That is it for the update this week. The market recap/outlook is also live and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read this week’s here!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Trend Trade

Dividend Portfolio: 5/12/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review which is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,970 into the account. The total value of all positions plus any cash on hand is $15,642.60. That’s a total loss of 2.05%. The account is down $228.88 for the week which is a 1.44% loss. We added $120 in cash to the account last week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.44% which puts us 5.4% higher than the market!

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI stayed flat this week at $556.

Dividends

This week we received on dividend, $2.28 from $APD.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The $SPY dividend hit afterhours on Friday, so that will be invested automatically on Monday.

Dividends received for 2023: $195.11

Portfolio’s Lifetime Dividends: $605.51

Trades

This week we continued to use the turtle trend trade strategy on a few ETFs, this week they performed decently with $XLC gaining 2.5%, $MGK 0.8%, and $MEXX 4%. I have published a full article on the turtle trend strategy which you can read here.

Aside from Turtle trades, we added to our $APD position after their poorly received earnings report. The dividend also happened to be reinvested on Monday as well.

Full details for my trades are below:

  • May 1st, 2023
    • Intel ($INTC) – added 1 share at $30.46
    • Cummins ($CMI) – added 0.2 shares at $234.80
    • AT&T ($T) – dividend reinvested
  • May 2nd, 2023
    • Cummins ($CMI) – added 0.5 shares at $231.72
    • Intel ($INTC) – added 1 share at $29.88
    • Bank of America ($BAC) – added 3 shares at $28.00
    • Novo Nordisk ($NVO) – added 1 share at $167.92
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – dividend reinvested
  • May 4th, 2023
    • Direxion Daily Small Cap Bear ETF ($TZA) – added 5 shares at $36.20 (trend add level)
    • ETRACS 2x Monthly Pay Levered US Small Cap ($SMHB) – added 10 shares at $4.13
    • Schwab US Dividend Equity ETF ($SCHD) – added 0.4 shares at $69.75
  • May 5th, 2023
    • Direxion Daily Small Cap Bear ETF ($TZA) – sold 12 share position at $33.09, trend stop hit ($24.84 loss)
    • Investment Managers Series Trust II AXS Short Innovation Daily ETF ($SARK) – sold 14 share position at $42.80, trend stop hit ($25.34 loss)
    • Direxion Daily MSCI Mexico Bull 3x ($MEXX) – added 2 shares at $144.79, trend trade entry
  • May 8th, 2023
    • Air Products & Chemicals ($APD) – dividend reinvested
  • May 9th, 2023
    • Air Products & Chemicals ($APD) – added 0.25 shares at $282.52
  • May 10th, 2023
    • Direxion Daily MSCI Mexico Bull 3x ($MEXX) – added 1 share at $153.61, trend trade add
    • Vanguard Mega Cap 300 Growth ETF ($MGK) – added 2 shares at $209.29, trend trade add

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to my redder positions in $MMM under $100 and $BAC  under $27 to take advantage of the coming ex-dividend dates. I will also be keeping my eyes on $ATVI to see if it falls below my cost basis for a potential add. The stock lost substantial gains two weeks ago on account of the CMA blocking the transaction. Read my recap on the situation here.

Turtle Trades

Summary

That is it for the update this week. The market recap and outlook is also live and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read this week’s here!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 5/5/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review which is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,850 into the account the total value of all positions plus any cash on hand is $15,736.74. That’s a total loss of 0.7%. The account is down $363.93 for the week which is a 2.26% loss. We added $120 in cash to the account last week, trades made will be broken out below.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.16% which puts us 6.45% higher than the market!

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $557 to $556.

Dividends

This week we received two dividends: $28.17 from $T and $4.25 from $XYLG.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The $SPY dividend hit afterhours on Friday, so that will be invested automatically on Monday.

Dividends received for 2023: $19.84

Portfolio’s Lifetime Dividends: $603.54

Trades

This week we continued to use the turtle trend trade strategy on some inverse ETF positions, they ultimately did not pan out. I’m thinking I will avoid inverse and maybe even leveraged ETFs depending on how performance continues to look. This was the second week that we really followed the Turtle Trend strategy. Soon I will be post a large in-depth article of the strategy, its history and story, and how I have altered it a little bit to accommodate my portfolio. This was a choppy week for the market which made finding trends difficult. I have added a new table below to show the performance of the strategy so far.

Aside from Turtle trades, we initiated a small position in $NVO, a healthcare diabetes/obesity play, the market for their products continue to expand and their financials look solid. I will conduct more research before growing the position. We also did some averaging into $CMI after the negative reception of their earnings report, as well as $T, $INTC, $BAC, and $SMHB.

Full details for my trades are below:

  • May 1st, 2023
    • Intel ($INTC) – added 1 share at $30.46
    • Cummins ($CMI) – added 0.2 shares at $234.80
    • AT&T ($T) – dividend reinvested
  • May 2nd, 2023
    • Cummins ($CMI) – added 0.5 shares at $231.72
    • Intel ($INTC) – added 1 share at $29.88
    • Bank of America ($BAC) – added 3 shares at $28.00
    • Novo Nordisk ($NVO) – added 1 share at $167.92
    • Global X S&P 500 Covered Call & Growth ETF ($XYLG) – dividend reinvested
  • May 4th, 2023
    • Direxion Daily Small Cap Bear ETF ($TZA) – added 5 shares at $36.20 (trend add level)
    • ETRACS 2x Monthly Pay Levered US Small Cap ($SMHB) – added 10 shares at $4.13
    • Schwab US Dividend Equity ETF ($SCHD) – added 0.4 shares at $69.75
  • May 5th, 2023
    • Direxion Daily Small Cap Bear ETF ($TZA) – sold 12 share position at $33.09, trend stop hit ($24.84 loss)
    • Investment Managers Series Trust II AXS Short Innovation Daily ETF ($SARK) – sold 14 share position at $42.80, trend stop hit ($25.34 loss)
    • Direxion Daily MSCI Mexico Bull 3x ($MEXX) – added 2 shares at $144.79, trend trade entry

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to my redder positions in $MMM and $BAC to take advantage of the coming ex-dividend dates estimated to come in the next month or two. I will also be keeping my eyes on $ATVI to see if it falls below my cost basis for a potential add. The stock lost substantial gains two weeks ago on account of the CMA blocking the transaction. Read my recap on the situation here.

Turtle Trades

Summary

That is it for the update this week. Big week for DividendDollars!

The market recap and outlook is also live and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read this week’s here!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 4/28/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review, and a very special one at that! If you didn’t catch it last week, you’ll notice within the screenshot of my portfolio that the general structure has changed a little bit. I am starting to implement a new strategy! I am quite excited about the new direction of the portfolio, so read on to see what we’re doing!

This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,530 into the account the total value of all positions plus any cash on hand is $15,725.46. That’s a total gain of 1.26%. The account is up $27.97 for the week which is a 0.18% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -6.42% which puts us 7.7% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account last week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increases from $539 to $557.

Dividends

This week we received two dividends: $5.30 from $CMCSA and $1.51 from $SPY.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The $SPY dividend hit afterhours on Friday, so that will be invested automatically on Monday.

Dividends received for 2023: $160.72

Portfolio’s Lifetime Dividends: $571.12

Trades

This week was the first week that we really followed the Turtle Trend strategy. Soon I will be post a large in-depth article of the strategy, its history and story, and how I have altered it a little bit to accommodate my portfolio. This was a choppy week for the market which made finding trends difficult. I have added a new table below to show the performance of the strategy so far.

Aside from Turtle trades, we made a move from $FIS and $JKH simply based on better performance and financials but still is a position in the banking tech space. I much prefer this new hold over $JKH.

Full details for my trades are below:

  • April 24th, 2023
    • Fidelity National Information ($FIS) – sold 3.020708 share position at $56.17 (roughly $18 loss)
    • Jack Henry & Associates – added 1 share at $160.08
  • April 25th, 2023
    • iShares US Transportation ETF ($IYT) – sold 2 share position at $220.86, trend trade stop hit ($19.72 loss)
    • Investment Managers Series Trust II AXS Short Innovation Daily ETF ($SARK) – added 8 shares at $44.04, trend trade starter
  • April 26th, 2023
    • Invesco Solar ETF ($TAN) – sold 5 share position at $75.75, trend trade stop hit ($35.95 loss)
    • iShares US Broker Dealers & Securities Exchanges ETF ($IAI) – sold 10 share position at $90.86, trend stop hit ($22.00 loss)
    • Direxion Daily Small Cap Bear ETF ($TZA) – added 7 shares at $36.16, trend trade starter
    • Investment Managers Series Trust II AXS Short Innovation Daily ETF ($SARK) – added 6 shares at $47.67, first add into trend trade
    • Comcast ($CMCSA) – dividend reinvested
  • April 27th, 2023
    • The Communication Services Select Sector SPDR ($XLC) – added 10 shares at $59.45, trend trade starter
    • Vanguard Mega Capp 300 Growth ETF ($MGK) – added 3 shares at $206.26, trend trade starter

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to my redder positions in $MMM and $BAC to take advantage of the coming ex-dividend dates estimated to come in the next month or two. I will also be keeping my eyes on $ATVI to see if it falls below my cost basis for a potential add. The stock lost substantial gains this week on account of the CMA blocking the transaction. Read my recap on the situation here.

Turtle Trades

Summary

That is it for the update this week. Big week for DividendDollars!

The market recap and outlook will be posted later this week and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read last week’s here while you wait for the new one!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 4/21/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review, and a very special one at that! If you didn’t catch it last week, you’ll notice within the screenshot of my portfolio that the general structure has changed a little bit. I am starting to implement a new strategy! I am quite excited about the new direction of the portfolio, so read on to see what we’re doing!

This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,410 into the account the total value of all positions plus any cash on hand is $15,598.91. That’s a total gain of 1.23%. The account is down $255.86 for the week which is a 1.61% loss.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.23% which puts us 8.45% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account last week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increases from $532 to $539.

Dividends

This week we received one dividend: $9.16 from $SMHB.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. This dividend will be reinvested on Monday

Dividends received for 2023: $153.90

Portfolio’s Lifetime Dividends: $564.30

Trades

This week was the first week that we really followed the Turtle Trend strategy. Read last week’s portfolio update here to get a brief rundown of the strategy. Soon I will be posted a larger in-depth article of the strategy, its history and story, and how I have altered it a little bit to accommodate my portfolio.

Moves for this week included those trend strategy trades in ETFs and timely purchases in $BAC and $T after their earnings reports.

Full details for my trades are below:

  • April 17th, 2023
    • SPDR S&P Biotech ETF ($XBI) – added 5 shares at $81.96 (Trend trade)
    • Invesco Solar ETF ($TAN) – added 5 shares at $78.94 (Trend trade)
    • iShares US Broker Dealers & Securities Exchanges ETF ($IAI) – added 5 shares at $92.29 (Trend trade)
  • April 18th, 2023
    • Bank of America ($BAC) – added 2 shares at $30.20
    • SPDR S&P Biotech ETF ($XBI) – sold 10 share position at $80.99 (Trend trade)
    • Vanguard Financials ETF ($VFH) – added 8 shares at $80.34 (Trend trade)
  • April 19th, 2023
    • Vanguard Financials ETF ($VFH) – sold 16 share position at $80.98 (Trend trade)
    • iShares US Broker Dealers & Securities Exchanges ETF ($IAI) – added 5 shares at $93.84 (Trend trade)
  • April 20th, 2023
    • iShares US Transportation ETF ($IYT) – added 2 shares at $230.72 (Trend trade)
  • April 21st, 2023
    • AT&T ($T) – added 3 shares at $17.89

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to my redder positions in $MMM, $BBY, $FIS, and $INTC to take advantage of the coming ex dividend date.

Summary

That is it for the update this week. Big week for DividendDollars!

The market recap and outlook will be posted later this week and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read last week’s here while you wait for the new one!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Strategy

Dividend Portfolio: 4/14/23 Weekly Update & Big Shift!

Welcome back to the weekly Dividend Dollars portfolio review, and a very special one at that! You’ll notice within the screenshot of my portfolio that the general structure has changed a little bit. I am starting to implement a new strategy! I am quite excited about the new direction of the portfolio, so read on to see what we’re doing!

This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,290 into the account the total value of all positions plus any cash on hand is $15.712.20. That’s a total gain of 2.76%. The account is up $177.46 for the week which is a 1.14% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.13% which puts us 9.89% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account last week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI decreased from $638 to $532. This large decrease was intentional and part of the new strategy I mentioned above.

So what is this new strategy, what has changed? Overall, I’m being pickier about the allocation percentage of my capital to different aspects of the portfolio. 70% of my capital will go to my stock picks which coincides with my long term strategy.

I have been reading a number of books like CommonStocks & Uncommon Profits, The Joys of Compounding, 100 Baggers, One Up On Wall Street, and many others. These books have inspired me to be pickier with my individual stock holdings and narrow down my number of positions. As I continue to study these investors and use their lessons to develop my own long-term stock picking strategy, I will create an excel sheet/dashboard that will allow me to track relevant qualitative and quantitative information such as leadership quality, cash flow generation, debt levels, capital allocation, margin of safety, intrinsic value, and more. There’s a lot of work I need to do to get to that point, but we are in the process of upgrading our strategy!

The other 30% will be equally split between ETFs and a new swing trade strategy. The 15% in ETFs will allow me to continue investing in the ETFs that afford me a level of diversity and dividend income that I will continue to grow.

The other 15% will be allocated to a trend following strategy inspired by legendary trader Richard Dennis. I have been studying him and his Turtle Traders for sometime and am working on article to publish the specifics about my strategy for these funds. That should be out soon, so stay in touch with this website or my Twitter account. I have morphed his strategy into a variation that will allow me to follow trends in dividend paying ETFs. The goal with this strategy is boost the medium term gains of my portfolio and use any gains over the allotted 15% to reinvest into my stock and ETF picks.

I look forward to this new phase of evolving my portfolio and am excited to bring you guys along with me!

Dividends

This week we received two dividends: $8.60 from $BBY and $2.27 from $O.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $144.74

Portfolio’s Lifetime Dividends: $555.14

Trades

Obviously, because the restructure and the goal of cutting down on some of my positions, this was a week of selling. The positions I sold were either intended shorter term holdings or positions I felt I hadn’t researched enough to earn a spot within my portfolio. The short list has been chosen!

Full details for my trades are below:

  • April 4th, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $407.83
    •  Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $26.47
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $72.68
    • ETRACS 2xMonthly Leveraged US Small Cap High Dividend ETN ($SMHB) – added 1 share at $5.37
  • April 10th, 2023
    • ETRACS 2xMonthly Leveraged US Small Cap High Dividend ETN ($SMHB) – added 2 shares at $5.34
  • April 13th, 2023
    • New York Community Bank ($NYCB) – Sold 130 share position at $8.94 for a 18.46% gain of $181.10
    • Orsted ($DNNGY) – sold 4 share position at $29.99 for a 7.26% loss of $9.73
    • Atlantic Infrastructure ($AY) – sold 13.09 share position at $27.72 for a 6.15% loss of $24.96
    • Steve Madden ($SHOO) – sold 3.01 share position at $35.02 for a 0.23% loss of $0.24
    • Ally Financial ($ALLY) – sold 13.27 share position $26.47 for a 4.80% loss of $18.00
    • SPDR S&P Biotech ETF ($XBI) – added 5 shares at $79.81 under the trend strategy
    • Best Buy ($BBY) – reinvested dividend
  • April 14th, 2023
    • Vanguard Financials ETF ($VFH) – added 8 shares at $78.80 under the trend strategy

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for opportunistic adds as well as trend opportunities. I’ll be looking to add to my redder positions in $MMM, $BBY, $FIS, and $INTC to take advantage of the coming ex dividend date.

Summary

That is it for the update this week. Big week for DividendDollars!

The market recap and outlook will be posted later this week and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read last week’s here while you wait for the new one!

I will also work on finishing my write up on the trend following strategy to share with you, so stay tuned for that.

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 4/6/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review! And Happy Easter weekend!

This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,170 into the account the total value of all positions plus any cash on hand is $15,481.85. That’s a total gain of 2.06%. The account is down $119.58 for the week which is a 0.7% loss.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.87% which puts us 9.92% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account last week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $635 to $638.

Dividends

This week we received no dividends. But we did receive some new dividend declarations, so the chart below shows an increase in expected dividends for April and May compared to last week.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically.

Dividends received for 2023: $133.88

Portfolio’s Lifetime Dividends: $544.28

Trades

This week was a very slow one for me. The end of March experienced a crazy run up which left me feeling not too excited to buy this week. So I didn’t! I only executed my weekly ETF buys and picked up a share of $SMHB on the way.

Full details for my trades are below:

  • April 4th, 2023
    • SPDR S&P 500 ETF ($SPY) – added $10 at $407.83
    •  Global X S&P 500 Covered Call & Growth ETF ($XYLG) – added $10 at $26.47
    • Schwab US Dividend Equity ETF ($SCHD) – added $10 at $72.68
    • ETRACS 2xMonthly Leveraged US Small Cap High Dividend ETN ($SMHB) – added 1 share at $5.37

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG and watch for more red in the market when adding to positions. I’ll be looking to add to my redder positions in $MMM, $BBY, $FIS, and also $INTC to take advantage of the coming ex dividend date.

Summary

That is it for the update this week. The market recap and outlook will be posted later this week and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read last week’s here while you wait for the new one!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio Stock Market

Dividend Portfolio: 3/31/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review!

This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $15,050 into the account the total value of all positions plus any cash on hand is $15,453.30. That’s a total gain of 2.68%. The account is up $516.46 for the week which is a 3.46% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.777% which puts us 10.45% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account last week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $630 to $635.

Dividends

This I received $21.14 from four dividends ($AY, $SCHD, and $XYLG).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All four of these dividends were received after close on Friday and will be reinvested on Monday.

Dividends received for 2023: $133.88

Portfolio’s Lifetime Dividends: $544.28

Trades

This week was not too busy for me. The market was on quite the run to end the quarter. I personally think some more downside is coming later this year, so taking a couple conservative weeks like this won’t hurt me in the long run. We took 91%  gains on the $NYCB covered call, reinvested all dividends, picked up some $CMCSA for the next dividend, and added more into $SMHB due to the continued small cap weaknesses.

Full details for my trades are below:

  • March 27th, 2023
    • Bought to Close $NYCB Covered Call – $11 strike, 4/21 expiration for $1, $10 gain
    • Atlantica Sustainable Infrastructure ($AY) – $5.74 dividend reinvested
    • Schwab US Dividend Equity ETF ($SCHD) – $6.22 dividend reinvested
  • March 28th, 2023
    • Comcast ($CMCSA) – added 1 share at $36.69
    • ETRACS 2xMonthly Pay Levered ETN ($SMHB) – added 2 shares at $5.03
  • March 29th, 2023
    • Global X S&P 500 Covered Call & Growth ($XYLG) – $4.41 dividend reinvested

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG (which I haven’t been doing a good job of), and watch for more opportunities to add into $CMCSA and $INTC as those are my next ex dividend dates for red positions.

Summary

That is it for the update this week. The market recap and outlook will be posted later this week and provides tons of information on what macro statistics I look at to keep a temperature gauge on the market and inform my portfolio movements. Read last week’s here while you wait for the new one!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars

Categories
Dividend Stocks Dividends Portfolio

Dividend Portfolio: 3/24/23 Weekly Update

Welcome back to the weekly Dividend Dollars portfolio review!

This portfolio update is brought to you by Sharesight, a portfolio tracking tool that I am happy to partner with. Their platform makes tracking trading and dividend history, understanding your performance, and saving time a breeze. I wrote a review of the product that you can read here if you’re interested in learning more! Click the link above or the picture below to get a special offer only for Dividend Dollar readers!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis. I am a young investor in my 20’s and by sticking to this strategy over the long term, the magical powers of compounding are on my side. This allows me to more easily build substantial positions in dividend paying stocks over time, which will one day help me reach the ultimate goal of being financially free through the sources of passive income they provide. You can read more about the strategy here. Let’s dive into the portfolio review!

Portfolio Value

To date, I have invested $14,930 into the account the total value of all positions plus any cash on hand is $14,685.75. That’s a total loss of 1.64%. The account is up $7.74 for the week which is a 0.05% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -10.87% which puts us 9.24% higher than the market! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $240 in cash to the account last week, trades made will be broken out below.

Portfolio

Above is a dashboard of the portfolio that tracks annual dividend income, yield, beta, dividend growth, and more.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week, the blue ones are positions that I reinvested dividends into, the yellow ones are positions that announced a dividend increase this week, and the red are positions that I trimmed. Our PADI increased from $626 to $630.

Dividends

This I received $8.18 from four dividends ($DNNGY, $LMT, $SHOO, and $FIS).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All four of these dividends were received after close on Friday and will be reinvested on Monday.

Dividends received for 2023: $112.74

Portfolio’s Lifetime Dividends: $523.14

Trades

This week was not too busy for me. The market was choppy leading up to the release of the Fed’s rate hike decision. After that the market was pretty volatile, moving down and up and ultimately didn’t end up closing the week much higher or lower than the open. For that reason, I only made a few buys. I bought into $CMCSA and $BBY to DCA leading up to their ex dividend date. I did not execute my weekly buys in $SPY, $SCHD, and $XYLG. I need to be better about adding to them, however I do believe an extend period of time to add down into everything is coming.

I wrote about the happenings of the week in the Market Recap & Outlook, make sure to read that here and checkout out the full breakdown of my trades below:

  • March 20th, 2023
    • Sold $NYCB Covered Call – $11 strike, 4/21 expiration for $11 credit
  • March 21st, 2023
    • Best Buy ($BBY) – added 0.25 shares at $77.88
    • ETRACS 2xMonthly Pay Levered ETN ($SMHB) – $2.18 dividend reinvested
  • March 24th, 2023
    • Comcast ($CMCSA) – added 2 shares at $35.91
    • Lockheed Martin ($LMT) – $4.85 dividend to be reinvested Monday
    • Orsted ($DNNGY) – $1.66 dividend to be reinvested Monday
    • Fidelity National Information – $1.04 dividend to be reinvested monday

Next week I will look to continue my weekly buys into $SPY, $SCHD, and $XYLG. I will also look at adding to beaten down bank stocks more as well as $O and $CMCSA for their coming ex dividend date.

Summary

That is it for the update this week. The market recap and outlook is also posted and provides tons of information on what macro statistics I look to at to keep a temperature gauge on the market and inform my portfolio movements. Read that here!

Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter and CommonStock and other socials using the links below!

Thank you for reading! See you next week and stay safe!

Regards,

Dividend Dollars