Dividend Income Update – November 2017

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of November. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.

I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.

What you’ll see below is a list of every dividend Skyy collected over the prior month, which company paid the dividend and the amount of the dividend.

November 2017 Dividends Received

  • AT&T (T) – $11.05
  • Apple (AAPL) – $6.61
  • Potash (POT) – $1.20
  • Colgate-Palmolive (CL) – $2.00
  • Petmed (PETS) – $2.19
  • Eaton Corporation (ETN) – $3.00
  • Caterpillar (CAT) – $1.66
  • Fastenal (FAST) – $1.60
  • Kinder Morgan (KMI) – $12.44
  • Realty Income (O) – $6.99
  • Procter & Gamble (PG) – $7.48
  • Green Plains Partners (GPP) – $5.78 
  • Health Care Partners (HCP) – $16.72 
  • Hormel (HRL) – $1.70
  • Clorox (CLX) – $4.20
  • Enterprise Products Partners (EPD) – $4.63 
  • Aberdeen Income Fund (FAX) – $8.35
  • Cornerstone Fund (CLM) – $41.30

Total dividends received during the month of November: $138.80

Wow! Less than a month and we will be in the year 2018. Where did 2017 go? The markets just continue to go up and break new highs and is currently sitting above 24K for the DOW.

Also the Tax Reform Bill has passed and needs to just be approved, so it looks like the good times will continue to Roll because companies will be able to keep more cash starting next year. Will the Market ever go down and how high will it continue to go up?

As always we are truly thankful that Skyy was able to earn $138 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past Cash Flow!

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Recent Buys

Once again every dollar working on my behalf means my family will have to worry about less in the future. Since money doesn’t sleep, get tired, or get sick (unlike humans) I’d rather my money work for me rather than the other way around.

It feels really good to be in a position to continue to put fresh capital to work. Anyone can look at the stock market like any other market or store. It offers a lot of merchandise, some expensive, some cheap. In the end it’s up to the individual to pick what’s best for them!

Purchased 26 shares of Kinder Morgan (KMI) on 8/6/17 for $ 19.36 per share

Purchased 12 shares of Healthcare Partners (HCP) on 8/8/17 for $ 29.49 per share

Purchased 5 shares of Dover  (DOV) on 8/13/17 for $ 91.47 per share

Purchased 10 shares of  Hormel (HRL) on 8/15/17 for $ 31.19 per share

I have added more shares of Kinder Morgan (KMI) and Healthcare Partners (HCP) since they have dropped more this year. I have also added new companies Dover (DOV) and Hormel (HRL) to the mix. They both have been solid companies the past 20-30 years and should grow over the years to come.

Hopefully by 2018 I will reach my goal of attaining 50 companies and can switch my gears of working on building those 50 positions to better position my family in the future. I just hope this bull market can continue to go harder for the next 12-24 months and I get a chance to build up some Cash to deploy in the next market crash.

Only time will tell and I hope I am in a good position to capitalize off of it and if not there should be a next time as I am only 30 as of now.

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Skyy Fund Update – October 2017

Skyy is invested in 40 companies as of October 31, 2017.

Holdings: Skyy Fund

Company Ticker Shares Cost Basis Market Value Yield
Apple Inc. AAPL 10 $1,331 $1,772 2.75%
Archer Daniels Midland ADM 10 $436 $408 2.94%
Bank of America BAC 20 $266 $562 1.14%
BHP Billiton BBL 3 $114 $122 2.92%
Caterpillar CAT 2 $154 $289 3.22%
Chimera CIM 160 $2,340 $2,945 10.52%
Cornerstone Fund CLM 175 $2,551 $2,475 18.52%
Clorox CLX 5 $651 $632 2.82%
Cisco CSCO 10 $304 $374 3.58%
Chevron CVX 2 $166 $249 3.30%
Diageo DEO 2 $228 $289 2.24%
Dover DOV 5 $464 $477 2.14%
Consolidated Edison ED 10 $703 $945 3.19%
Emerson Electric EMR 5 $260 $342 3.59%
Enterprise Partners EPD 11 $277 $268 4.28%
Aberdeen Fund FAX 238 $1,231 $1,199 8.17%
Flowers Foods FLO 11 $201 $211 3.17%
General Electric GE 53 $1,451 $1,014 2.19%
Green Plains Partners GPP 12 $271 $248 2.19%
Health Care Partners. HCP 45 $1,386 $1,167 4.16%
Hormel Foods HRL 10 $320 $311 2.16%
Johnson & Johnson JNJ 2 $210 $292 2.19%
Kinder Morgan KMI 100 $2,137 $1,802 3.40%
Coca Cola KO 10 $464 $502 3.34%
MDU Resources MDU 32 $676 $882 2.25%
Microsoft MSFT 3 $211 $252 3.14%
Nike NKE 3 $174 $164 1.34%
Realty Income O 33 $1,677 $1,719 3.82%
Old Republic ORI 21 $399 $430 3.40%
Petmed Express PETS 10 $195 $387 3.10%
Pfizer PFE 10 $354 $381 3.70%
Proctor & Gamble PG 10 $935 $926 3.22%
Philip Morris PM 2 $183 $229 4.53%
Potash POT 12 $239 $233 2.43%
Starbucks SBUX 3 $183 $165 2.34%
Sysco SYY 5 $278 $279 2.63%
AT&T T 22 $819 $738 4.20%
Unilever UL 2 $92 $119 2.32%
Waste Management WM 2 $114 $174 2.69%
Wal-Mart WMT 3 $194 $275 2.49% 

Month By Month

January- $ 22,145

February- $ 23,516

March- $ 23,782

April- $ 23,852

May- $24,137

June- $24,294

August- $24,302

September- $24,669

October- $26,248

I have still been allocating cash to my Robinhood account that I opened up late last year, but will stop doing so in the coming weeks as I need to get the Skyy Fund back on track. There could have been an extra 1K I could have put in the Capital One account that was put into my Robinhood app that is another trading platform (Free Share Available If You Sign Up). As long as those dividends keep paying out the account will slowly but surely keep moving up.

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Dividend Income Update – October 2017

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of October. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.

I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.

What you’ll see below is a list of every dividend Skyy collected over the prior month, which company paid the dividend and the amount of the dividend.

October 2017 Dividends Received

  • General Electric (GE) – $10.28  
  • Montana Dakota Utilities (MDU) – $6.17
  • Medtronic (MDT) – $2.30
  • Cisco (CSCO) – $3.15   
  • Coca-Cola (KO) – $4.01
  • Chimera (CIM) – $80.48  
  • Philip Morris (PM) – $2.33
  • RPM International (RPM) – $1.60
  • Realty Income (O) – $6.96
  • Nike (NKE) – $0.54
  • Diageo (DEO) – $4.18
  • Sysco (SYY) – $1.65    
  • Aberdeen Income Fund (FAX) – $8.29   
  • Cornerstone Fund (CLM) – $41.30    

Total dividends received during the month of October: $173.24

Once again its crazy to think that we have less than 60 days left in 2017! The markets keep hitting all-time highs, and one has to wonder when will the train stop? Trump has continued to do Trump like things since taking office in January of this year, which surprise surprise has not derailed the markets yet.

I honestly wish I knew when the next market crash would occur because I am well prepared at this point and have solid companies to back me up, as anyone should that is invested in the market today.

As always we are truly thankful that Skyy was able to earn $173 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past Cash Flow!

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Not About Hating Your Job

Forget a fancy car or a big house, folks. You want to show everyone you’ve truly made it? Break out the “I don’t really have to work anymore” card. That will do it.

But just because you don’t have to work anymore doesn’t mean you necessarily quit your job that instant. And chasing after financial independence isn’t only for those that have some kind of deep hatred for what they do for a living.

Chasing after financial independence is about bringing value to your life. It’s about prioritizing your time and focusing on your passions. You could very well be one of the very few out there that genuinely loves what you do for a living. If you are one of these people then that’s fantastic.

But that doesn’t mean you shouldn’t still seek freedom.

Freedom is about choice. It’s about being able to do whatever you want. You may really enjoy what you do for a living, but what if all of the sudden you want to take some time off to travel? What if some kind of health concern comes up, that requires you to take extended time off from work? What if you just need a lengthy sabbatical to refresh yourself?

And before you claim how much you love your job, imagine for a second that you are completely financially independent. Do you still go in for 40 or more hours per week? Do you still deal with the office politics? The backstabbing? The commute? The grind?

There’s the possibility that maybe you don’t love your job as much as you think you do.

List your passions in life. What drives you? How do you identify yourself? Who are you? What makes you truly happy?

What does this list look like? Does it contain your full-time job?

It’s about maximizing every minute you’re alive on this planet, because whether you want to admit it or not you’re slowly dying one minute at a time.

And I know what I want in life. I made my list, and I know who I am.

That’s a lot of passions. And having 3-4 hours per day during the week to indulge them all is simply not enough. Unless you tell me otherwise?

You may really love what you do for a living, but I do encourage you to really think about whether what you do for most of your waking hours is a primary passion for you. Life is way too short to spend most of your time creating value and happiness for others.

And I’m not encouraging people to quit their jobs when I write about chasing after financial freedom. Having financial independence does not necessarily mean you have to cash it in the second you attain it and tell your boss off. You can keep working for as long as you want. But it’s really about freedom to do whatever you want. Work or not work, the Choice is yours.

What if you spend 20 years at a job that you’re completely passionate about but one day the company decides to downsize and you’re one of the unfortunate? Without financial independence you might be in a tough spot. Of course, many people found this out the hard way when the Great Recession hit and they were left jobless with skills limited to what they had been doing for decades on end.

Financial freedom is about choice. It’s about flexibility. It gives you power and control over your life. And most of all it allows you to Own Your Own Time. And how could you not want to own the one commodity you were born with, but yet find yourself without for most of your life?

How about you? Do you hate your job? Do you believe chasing after financial freedom is simply about whether you love your job or not?

Work Hard or Work Smart?

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