Tag: Dividend Stocks

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $21,550 into the account. The total value of all positions plus any cash on hand is $24,900.71. That’s a total gain of 15.55%. The account is down $248.05 this week which is a loss of 0.99%. We contributed $90 in cash to the account this week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market, just barely! Within that same timeframe, the S&P 500 is up 15.00%, which puts us 0.55% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has increased from $412.17 to $416.80!

Dividends

This week I received one dividend from $CMI for $9.13

Dividends received/declared for 2024: $115.46

Portfolio’s Lifetime Dividends: $1,084.69

Trades

Though it was a down week it was a decent one! We added to our core ETFs, made on opportunistic add to $NSSC on the news of the CEO selling shares, and we made some good option selling trades, the best of which was that $SNAP went back in the money, allowing us to exit with gains after the earnings report caught us hanging. Below are the details of all the trades for the week:

• March 5^th, 2024
  • SPDR S&P 500 ETF ($SPY) – added 01. Shares at $507.90
  • Invesco S&P 500 Momentum ETF ($SPMO) – added 0.75 shares at $58.76
  • Siren DIVCON Leaders ETF ($LEAD) – added 0.8 shares at $64.80
  • Proshares UltraPro QQQ ($TQQQ) – Sold to open $52 3/15 put for $41
• March 6^th, 2024
  • Proshares UltraPro QQQ ($TQQQ) – Bought to close $52 3/15 put for $21, 49% win
  • NAPCO ($NSSC) – added 10 shares at $39.80
• March 8^th, 2024
  • Cummins ($CMI) 0 dividend reinvested
  • Snapchat ($SNAP) – Bought to close $12.5 3/8 put for $13 (This $SNAP campaign first brought in $18 on my 2/16 put, which went against me and earned me $19 to roll it out to 3/8, and then cost me $13 to close resulting in a total $24 win)

We have no options currently open, closed them all this week! We will look to sell more next week.

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $21,460 into the account. The total value of all positions plus any cash on hand is $25,059.02 (YAY $25K). That’s a total gain of 16.77%. The account is up $466.19 this week which is a gain of 1.9%. We contributed $90 in cash to the account this week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market, just barely! Within that same timeframe, the S&P 500 is up 15.3%, which puts us 1.47% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has decrease from $438.70 to $412.71!

Dividends

This week I received one dividend: $5.54 from $INTC

Dividends received/declared for 2024: $114.36

Portfolio’s Lifetime Dividends: $1,075.56

Trades

This was a great and easy week! The market ran and we flew higher with it! We had a dividend reinvested in Starbucks (missed this last week), swapped out one of our main ETF positions, and closed an option position for a nice win.

As you know, we hold three key ETFs: $SPY, $LEAD, and $SCHD. My goal with this portfolio is to outperform the market while also benefiting from dividend payments to grow my positions and compound my cashflows over time. $SCHD is THE staple dividend fund, however it really lacks the market in terms of performance. So I started looking around for an alternative. I came across $SPMO and decided to make the swap. As you can see below, $SPMO vastly outperformed the market over the last 7 years by a margin of almost 60%.

Additionally, $SPMO has a much better dividend growth rate at 25% for the last 5 years compared to $SCHD which achieved 13%. So not only does this swap appear to be beneficial for my long term capital appreciation, but I also aligns better with my long term goal of compounding dividends.

Below are the details of all the trades for the week:

• February 23^rd, 2024
  • Starbucks ($SBUX) – dividend reinvested
• February 27^th, 2024
  • Schwab US Dividend Equity ETF ($SCHD) – sold full ~17 share position at $77.43 for a roughly 4% gain
  • Invesco S&P 500 Momentum ETF ($SPMO) – added 18 shares at $76.70
• February 29^th, 2024
  • SentinelOne ($S) – closed $27 3/1 put for $25, roughly 55% win

The options we still have open are $SNAP $12.5 3/8 at current price of $120 (9% gain) and two $TSLL $12 3/15 at a current price of $10 (23% win).

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $21,370 into the account. The total value of all positions plus any cash on hand is $24,498.74. That’s a total gain of 14.64%. The account is up $7.08 this week which is a gain of 0.03%. We contributed $150 in cash to the account this week. Going forward, my contribution will be a little less. I have some big house expenses hitting and I’ll be focused on paying off that work quickly before reverting back to my full contribution goals.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market, just barely! Within that same timeframe, the S&P 500 is up 14.21%, which puts us 0.43% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has increased from $434.36 to $438.70!

Dividends

This week I received two dividends: $5.49 from $SMHB and $3.53 from $SBUX

Dividends received/declared for 2024: $97.90

Portfolio’s Lifetime Dividends: $1,070.02

Trades

This was a slow week. Some options moved against us, but we have a lot of time. We sold some $TSLL calls, hoping to get those off our hands at win.

• February 21^st, 2024
  • ETRACS 2x Levered US Small Cap ETN ($SMHB) – dividend reinvested
• February 22^nd, 2024
  • Direxion TSLA 1.5x Bull ETF ($TSLL) – sold two 3/15 $12 covered calls for $13 premium each.

The options we still have open are $SNAP $12.5 3/8 at current price of $173 (31% loss), $S $27 3/1 at a current price of $65 (41% loss), and two $TSLL $12 3/15 at a current price of $11 (15% win).

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $21,220 into the account. The total value of all positions plus any cash on hand is $24,360.75. That’s a total gain of 14.80%. The account is up $252.19 this week which is a gain of 1.05%. We contributed $150 in cash to the account this week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market, just barely! Within that same timeframe, the S&P 500 is up 12.35%, which puts us 2.45% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has increased from $426.71 to $434.36!

Dividends

This week I received no dividends. This is okay, I have been consolidating down my number of positions which, of course, means I will have less dividend payouts to report.

Dividends received/declared for 2024: $80.13

Portfolio’s Lifetime Dividends: $1,061

Trades

This was a decent week! We had some good option wins, made some progress on getting out of $SNAP without a loss, and did some adding to a few of our favorite positions during the slump in the middle of this week. Below are the details of all the trades for the week:

• February 12^th, 2024
  • Direxion Daily Semiconductor Bull ($SOXL) – buy to close $34.5 2/16 cash secured put for $12, 60% win
• February 13^th ,2024
  • Snapchat ($SNAP) – rolled the 2/16 $12.5 put to 3/8 for a $113 debit and $132 credit, netting $19 in new premium but also recognizing a 530% loss on the original SNAP put
  • NextEra Energy ($NEE) – added one share at $55.77
  • Cummins ($CMI) – added 0.25 shares at $251.52
  • Installed Builder Products ($IBP) – added 0.5 shares at $201.10
  • NAPCO ($NSSC) – added 1 share at $44.48
  • ETRACS 2xMonthly Levered Small Cap ($SMHB) – added 5 shares at $5.60
  • SentinelOne ($S) – sell to open one 3/1 $27 cash secured put for $46

The options we still have open are $SNAP $12.5 3/8 at current price of $146 (10% loss) and $S $27 3/1 $at a current price of $28 (39% win).

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $21,070 into the account. The total value of all positions plus any cash on hand is $23,977.10. That’s a total gain of 13.80%. The account is up $209.89 this week which is a gain of 0.88%. We contributed $150 in cash to the account this week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market, just barely! Within that same timeframe, the S&P 500 is up 12.82%, which puts us 0.98% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has increased from $417.28 to $426.71!

Dividends

This week I received no dividends. This is okay, I have been consolidating down my number of positions which, of course, means I will have less dividend payouts to report.

Dividends received/declared for 2024: $80.13

Portfolio’s Lifetime Dividends: $1,061

Trades

This was a meh week for me. We had a few option writing misses that negated the generally good performance of my portfolio’s holdings. The big pain was the $SNAP cash secured put we wrote last week. We sold that for $18 last Friday, $SNAP tanked after their earnings report this week and moved the put price to $143. That’s a 700% unrealized loss for me this week. If I adjust my performance this week to exclude that loss, we were just shy of tracking the market.

These option losses in $TSLL and $SNAP have really hurt my performance this week. This has taught me an important lesson for writing options. If you are writing options through an earnings report, be ready to roll fast unless you truly want to hold those positions. I do not, and therefore should have chosen a more conservative strike on both of those positions. Oh well, we live and we learn.

We also did some adding to our small cap fund and our main ETF holdings. Below are the details of all the trades for the week:

• February 6^th, 2024
  • Palantir ($PLTR) – bought to close $13.5 2/16 cash secured put for $2, 88% win
  • SPDR S&P 500 ($SPY) – added 0.1 shares at $492.30
  • Siren Divcon Leaders ($LEAD) – added 0.8 shares at $61.88
  • Schwab US Dividend Equity ETF ($SCHD) – added 0.7 shares at $76.77
  • Celsius ($CELH) – sold to open $50 2/23 cash secured put for $52 premium
  • ETRACS 2xMonthly Levered US Small Cap ETN ($SMHB) – added 5 shares at $5.89
• February 9^th, 2024
  • Celsius ($CELH) –buy to close $50 2/23 cash secured put for $16 premium, 70% win
  • Direxion Daily Semiconductor Bull ($SOXL) – sold to open $34.5 2/16 cash secured put for $30 in premium

The options we still have open are $SNAP $12.5 2/16 at current price of $143 and $SOXL $34.5 2/16 at a current price of $25.

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $20,920 into the account. The total value of all positions plus any cash on hand is $23,655.48. That’s a total gain of 13.08%. The account is up $226.05 this week which is a gain of 0.97%. We contributed $150 in cash to the account this week.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market, just barely! Within that same timeframe, the S&P 500 is up 11.29%, which puts us 1.78% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has increased from $408.79 to $417.28!

Dividends

This week, I received two dividends: $38.85 from $T and $3.07 from $SPY.

Dividends received/declared for 2024: $80.13

Portfolio’s Lifetime Dividends: $1,061

Trades

This was a rough week for the Dividend Dollars portfolio. Was another rough week for the portfolio. Not rough in the since that we lost money, because we didn’t, but rough because we vastly underperformed.

Large cap momentum and growth stocks vastly outperformed yield, core, and value stocks. Dividend portfolios, generally speaking, underperform in these situations. Our outperformance over the S&P 500 has virtually evaporated over the last 8 weeks. It’s frustrating, but its okay, that’s part of the game. Different sectors run on different cycles at different times.

Aside from failing to keep pace with the market, we had a decent week of option selling and a few small adds to existing positions. Below are the details of all the trades for the week:

• January 30^th, 2024
  • NextEra Energy ($NEE) – added two shares at $59.02.
  • LPL Financial ($LPLA) – added one share at $243.87.
• January 31^st, 2024
  • SPDR S&P 500 ETF ($SPY) – reinvested $3.06 dividend.
  • Celsius ($CELH) – sold to open $46 2/16 cash secured put for $51 premium.
• February 1^st, 2024
  • AT&T ($T) – $38.85 dividend received, but not reinvested.
• February 2^nd, 2024
  • Celsius ($CELH) – bought to close $46 2/16 cash secured put for $17, 66.6% win.
  • Palantir ($PLTR) – sold to open $13.5 2/16 cash secured put for $16 premium.
  • Snapchat ($SNAP) – sold to open $12.5 2/16 cash secured put for $18 premium.

The options we still have open are $SNAP $12.5 2/16 at current price of $21 and $PLTR $13.5 2/16 at a current price of $14.

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $20,7700 into the account. The total value of all positions plus any cash on hand is $23,262.79. That’s a total gain of 12%. The account is down $239.55 this week which is a loss of 1.02%. We contributed $150 in cash to the account this week.

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 up 9.77%, which puts us 2.23% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has decreased from $668.56 to $408.79! We sold out of a lot of positions this week, resulting in the large decrease. See the Trades section for more details.

Dividends

This week, I received two dividends: $15.82 from $SMHB and $5.42 from $CMCSA.

Dividends received/declared for 2024: $80.13

Portfolio’s Lifetime Dividends: $1,019.08 (YAY we made our first $1,000!)

Trades

This was a rough week for the Dividend Dollars portfolio. A number of my stocks got slammed after their earnings report while the rest of the market seemed to run far and high! This has been a common trend over the last month, making our out-performance over $SPY go from >8% to <3%. Not good for us!

This under-performance and my recent zeal in reading as much investment material as I can got me feeling like it was time to cut some fat off of the portfolio. Like I said at the start of the year, I wanted to cut off my worst positions soon, but was struggling for the right time and the right price to push me to do that. These last few weeks have taught me that the opportunity cost of holding onto bad stocks is not worth it when there are so many good opportunities out there.

So I got tired of waiting and jumped on cutting this week. I’ve held a few of the stocks for a good amount of time now. Some illogical biases kept me holding and buying when I probably should have cut sooner. Some of these were bets on value, some were bets on familiarity, some were bets on turnarounds, too-big-to-fail, yield, or a combination of these. Ultimately, these positions were plagued with a wide range of reasons to dump including turnarounds which haven’t occurred or made much progress ($T, $MMM), deteriorating operations ($TXN, $BBY), lack of clear market or operational growth ($LMT, $T, $BAC), or profitability has lost attractiveness ($TXN, $BAC).

I am now starting to focus more on quality companies with a long and clear pathway for growth and success, rather than stock looks the cheapest or offers the best and safest yield. These stocks I’ve cut match the later point rather than the former. So this is goodbye to $T, $MMM, $BAC, $TXN, $BBY, and $LMT.

Secondly, our recent underperformance is also due to some poor risk management in $TSLL put writing trades where I got by earnings and the price moving against me too soon that I didn’t roll to avoid assignment. We’ve been assigned two blocks with an average price of $11.37 and will have to work hard to wheel our way out of this one. Below are the details of all the trades for the week:

• January 22^nd, 2024
  • Direxion TSLA 1.5x Bull ($TSLL) – Sold $10 1/26 put for $19 premium
• January 24^th, 2024
  • AT&T ($T) – Closed $19 4/19 covered call for $7 premium, 61% winComcast ($CMCSA) – dividend reinvested
• January 26^th, 2024
  • Intel ($INTC) – added 2 shares at $44.40
  • Bank of America ($BAC) – sold full position of ~51.4 shares at $33.40, ~3% gain
  • Best Buy (BBY) – sold full position of ~11.8 shares at $74.86, ~11% loss
  • Lockheed Martin ($LMT)– sold full position of ~1.66 shares at $429.06, ~26% gain
  • 3M ($MMM) – sold full position of ~8.55 shares at $96.01, ~30% loss
  • AT&T ($T) – sold full position of ~140 shares at $17.20, ~7% loss

  • Texas Instruments ($TXN) – sold full position of ~3.58 shares at $164.38, ~1% loss

  • ETRACS 2xMonthly Pay Levered Small Cap ETN ($SMHB) – dividend reinvested

Now we are sitting on a ton of cash (34% of the portfolio is cash), next week we will find better places to put it than where it came from.

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $20,620 into the account. The total value of all positions plus any cash on hand is $23,378. That’s a total gain of 13.38%. The account is up $48.37 this week which is a gain of 0.21%. We contributed $150 in cash to the account this week.

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 up 8.63%, which puts us 4.75% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has decreased from $668.49to $668.56.

Dividends

This week, I received no dividends.

Dividends received for 2024: $64.31

Portfolio’s Lifetime Dividends: $997.85

Trades

This was a slow week for me. I actually have no trades or dividends to update you all on! We had our $EGP dividend from last Friday get reinvested, but that’s it! 

We still have a cash secured put option open on $TSLL. We sold the $12.73 1/19/24 put option on December 20th for $25 in premium. This is worth $1.53 now or a 512% loss. Waiting for this to exercised currently. Once exercised, we will begin selling calls and to earn more premium while it works back to favorable price.

We also have a covered call option open on $T. We sold the $19 4/19/24 call option on 12/27/2023 for $11 in premium. This is worth $12 or a 9% loss.

That is it for the update. Let me know what you think of the progress so far, share with me your progress and questions, interact with me on Twitter as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

Here at Dividend Dollars, our investing approach is a dividend growth strategy with aspects of value investing and fundamental analysis, plus some option writing on the side. 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.

Now onto the portfolio review for this week!

Portfolio Value

To date, I have invested $20,470 into the account. The total value of all positions plus any cash on hand is $23,192.13. That’s a total gain of 13.30%. The account is down $172.50 this week which is a loss of 0.74%. We contributed $150 in cash to the account this week.

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 up 7.37%, which puts us 5.93% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions, portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has decreased from $707.12 to $668.49!

Dividends

This week, I received two dividends: $3.56 from $O and $2.56 from $EGP.

Dividends received for 2024: $64.31

Portfolio’s Lifetime Dividends: $997.85

Trades

This was a tough week for the market. Stocks slid on the CPI and PPI news. The Dividend Dollars portfolio slid more than most, causing an underperformance compared to the rest of the market. This is very disappointing considering the streak of outperformance that widened our margin above the S&P 500. A lot of that progress was undone this week. Oh well.

Dividend stocks and value stocks sometimes get hit more/less than the rest of the market, or go up more/less depending on the themes that are hot in the market. This was a week that was unfavorable for us. This is why I am starting to learn about and focus more on quality and growing companies. There is some fat in our portfolio that needs to be cut as they don’t meet those criteria.

This week was the first week where we made progress towards cleaning up some of the lower quality holds in our portfolio. The first stock clean up is $O. Others on the shortlist for cutting includes $T, $BAC, $MMM, $BBY, and maybe $NEE. Below are the detailed trades:

• January 8^th, 2024
  • SPDR S&P 500 ($SPY) – added 0.1 shares at $470.70
  • Siren DIVCON Leaders ($LEAD) – added 0.85 shares at $59.26
  • Schwab US Dividend Equity ($SCHD) – added 0.65 shares at $76.40
  • Realty Income ($O) – sold entire position at $59.39 (roughly 2% win when including the $52.78 from dividends reinvested)
• January 11^th, 2024
  • LPL Financial ($LPLA) – added 0.5 shares at $232.92
  • Texas Instruments ($TXN) – added 0.5 shares at $165.46
• January 12^th, 2024
  • Realty Income ($O) – $3.56 dividend received
  • EastGroup Properties ($EGP) – $2.56 dividend received

We still have a cash secured put option open on $TSLL. We sold the $12.73 1/19/24 put option on December 20^th for $25 in premium. This is worth $1.04 now or a 316% loss. This will probably get exercised on, then we will have 100 shares at $12.73 and will try to sell calls to earn more cash flow while we wait for an exit price that saves capital.

We also have a covered call option open on $T. We sold the $19 4/19/24 call option on 12/27/2023 for $11 in premium. This is worth $11 or a 0% return.

That is it for the update. 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 as well as the other socials using the links below!

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

Regards,

Dividend Dollars

This post 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!

Welcome back to the weekly Dividend Dollars portfolio review! This post is brought to you by Koyfin, a powerful analytical tool that I am proud to partner with. Their platform is entirely customizable for whatever investment data you want to look at. I wouldn’t use any other website to dive into a stock’s fundaments. Click the link above or picture below to get a special offer only for Dividend Dollar readers or go give my product review a read if you’re interested!

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 $20,320 into the account. The total value of all positions plus any cash on hand is $23,204.18. That’s a total gain of 14.19%. The account is down $216.01 this week which is a loss of 0.92%. We contributed $85 in cash to the account this week.

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 up 5.43%, which puts us 8.77% higher than the market! See the comparison in the dashboard below.

Portfolio

Above is a dashboard of the portfolio that tracks all positions,portfolio diversification, performance compared to the S&P 500, income from dividends and options, and projected dividend income. In the time I have been gone, my PADI has increased from $706.74 to $707.12!

Dividends

This week, I received two dividends: $9.86 from $BBY and $0.99 from $IBP

Dividends received for 2024: $10.85

Portfolio’s Lifetime Dividends: $991.72

Trades

This week was a relatively uneventful one for my portfolio. That is not to say, however, that it was an uneventful one for the market. Profit taking seemed to take hold this first week of the new years with all the major indices losing gains. I’m sitting on my hands because I think we could see a little bit more pain before I feel ready to deploy some capital.

We didn’t make many moves this week. We only received dividends, reinvested them, and monitored our open options.Below are the detailed trades:

• January 2nd, 2024
  • Best Buy ($BBY) – dividend reinvested.
  • Installed Building Products ($IBP) – dividend reinvested.

That is it for the update. 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 as well as the other socials using the links below!

Thank you for reading! Have a great Holiday Weekend and lets end the year strong next week! See you soon and stay safe!

Regards,

Dividend Dollars

This post 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.