I hope everyone is having a great year and is well on their way to meet most of their goals.

Below is a summary of my activity for the quarter:

Notable Purchases:

Speculative account (this is My Robinhood account I opened and wrote a review of here) – So far I’ve added shares in TCEHY, BABA, MTCH, EBAY, UA and APPL.  My Robinhood account is up to around a $4k value since I opened it.  I’m currently transferring about $125/week in there.

MO – currently largest position (I’ve added another 229 shares over the quarter spending $13,700. )
PM – currently 3rd largest position (I’ve added another 25 shares costing $1943)
V – currently 2nd largest position (added another 30 shares spending $4336)
T – Currently 5th highest in total dividends (added another 100 shares to a total of 600 shares now spending $3062)
BBVA – Added another 250 shares on weakness spending $1518 and reducing my cost basis.
DIS – added 55 shares for $6163.
DEO – added 35 shares in 3 different purchases for a total of $5,052.
MDT – added 24 shares for $2305.
RDS.B – added 30 shares for $1980.

Posts about some of my purchases can be found by following the “Buys” label here.

Dividends (2nd QTR ’18): $3911

July – $1684
August – $860
June – $1367

June payers:

V – 24.15, 30.24, 18.14 = 72.53
UL – 67.97 , 62.73 = 130.70
XOM – 127.10
JNJ – 112.50, 26.10 = 138.60
WBA – 57.20
RDS.B – 94, 156.98, 22.56 = 273.54
PEP – 23.19
NSC – 81.60
BBL – 228.06
GILD – 53.58
HSY – 69.25
HBI – 26.36
CRI – 11.48
VOO – 73.77

I earned $3911 in dividends for the quarter up from $3,097 the last quarter.  This is a 26.3% increase from the previous quarter!  This is just my second time to surpass $3k/quarter.  I’m planning to break $4k/quarter the last quarter of this year and hit $5k quarter sometime next year.

Here’s a look at my recent quarterly dividends:

Forward 12-month Dividends:

Forward 12-month dividends are the total amount of dividends I’m expecting to received over the next 12 months.

My expected forward 12-month dividends as of 09/28/18 was $18,039.  This is up from $16,061 a quarter ago.  My forward income has risen quickly since last year.  I broke the $12,000 level ($1,000/month) not long ago and wrote about that in March.  My new goal of $18,000 of forward dividend income by the end of the year has already been reached.  

I keep a forward dividend projection on my Dividends tab.

I’ve had 25 companies raise their dividends since the beginning of the year.  The only expected dividend increase that didn’t occur was from GIS, they kept their dividend the same.

Some of these increases can be found on my Dividend Increases label.  All of the increases are marked on my Dividends tab.

2018 Goals: 

1. Reach 500k in market value for my DG portfolio.  (already completed, posted about it here.)
2. Reach $13,000 $18,000 in forward 12-month dividends (already completed, need to post)
3. Earn $11,320 in dividend income , 40% increase from 2017.
4. Increase Net Worth to 750k, I know it says I hit this in 2017, which I did but I’m
   adjusting real estate values to a more conservative number.  (already completed)
5. Buy two more rental properties, making the total 5 rentals. (bought 1, mentioned here, 1 more to go)

All goals can be found on the Goals tab.

Rental Real Estate:

I currently own 3  4 rental properties and 3 are leased.  My goal is still to buy one more this year, I need to hurry!  Rates have been rising like crazy.

I had tenants move out of the property i mentioned in the last quarterly update.  Their lease ended in September and I am looking for new tenants.  The prior rent was paid for by an insurance company because the tenants house had burned down.  Well, their house was finished and they have moved out now.  I don’t expect to get as high of rent as the insurance offered but that was a nice buffer for this month which seems to be a wash.  I’m doing some minor repairs and replacing the only carpet in the house with vinyl flooring to match the rest of the house.  It’s much more durable and will last a lot longer.    I have some showings lined up later in the week.  My goal is to have it rented and new tenants move in by the first of November.

All of my real estate posts will be found on my real estate label.

You can find a break-down of my individual profits per rental and cash-on-cash returns on my real estate tab.

Options:

I’ve had a lot of options activity.  You can follow all my updates from my Options label.  I’m due for another update, look for that soon.

Net Worth:

I’ve started to update my net worth again.  Currently at $933k, up from$880k at my last quarterly update.  I should hit the $1 million mark next year.

You can find the details of this on my Net Worth page.

Looking Ahead:

I’ve already reach my goal of a $500,000 portfolio by the end of the year.  I’m going to significantly slow down purchases through the remainder of the year as I build up some cash for another rental property purchase.

On the real estate front, I am concentrating on leasing one vacancy I have.  Once that’s complete I’ll focus my energy on looking for another property to purchase.  I’m not in a big hurry so I’ll bide my time and wait for a good deal.

My Net Worth has a small chance to break the $1 million mark this year.  I’ll need a little help form the markets to make that happen.  You can bet I’ll be posting that milestone for sure once I hit it.

Some stocks on my watchlist:

TCEHY, BABA, WFC, MO, DEO, BR.A, GD, LOW, DIS, SBUX, SQ, PG, CMG, NSRGY, IBM, WBA, BLK, AMGN, UA, V, PM, ABBV

How was your quarter?

*Picture is from Phi Phi Islands in Thailand I took a couple years ago.