401k Escape Plan

This past week a co-worker, knowing I regretted investing in my 401k, turned my world upside down.  He told me about ROBS (Roll-Over for Business Startups).  Essentially, if I leave my current employer, I would be able to start or buy a business, roll over my 401k into my business's 401k plan, issue shares from my business, and then walla, fund my business without being taxed or penalized.  So - if I start a bed and breakfast or vacation rental business, I could buy/build a vacation home, deck it out with all the latest furnishings with extras (car for picking up vacationers?) fund it with my 401k, then rent it out (when I'm not staying there).  The IRS overlooks this manipulation of your 401k because you are starting a business so hopefully a) paying taxes b) employing people and c) they are paying taxes.  I still have a lot of research to do, but here's a brief overview: https://fitsmallbusiness.com/set-up-a-robs/ Suddenly my dream of retiring early is much closer.  I just need to pick a business and set up a business plan ready to go in the possibility I leave my current employer for one reason or another.

June was a bit of a humdrum month, but a few times this month I only had 2 stocks on sale.  On sale meaning that they have dropped 5% or more below the price I paid for them.  Staples are showing a bit of strength, and the domestic stocks are growing (for now) thanks to the tradewar.  I may tax harvest GIS into T, and then buy some ORI to help balance my growing portfolio.  I am getting closer to the 50k milestone and looking forward to free trades every month!

This is my most profitable dividend month yet, which is good, because the next month is pretty lean:

Dividends Received: $177.21

Date	Type	Description (show categories)	Amount ($)
06/01/18	Dividend	WEC ENERGY GROUP INC CASH DIV ON 13 SHS REC 05/14/18 PAY 06/...	7.18
06/01/18	Dividend	AQUA AMERICA INC CASH DIV ON 14 SHS REC 05/18/18 PAY 06/01/1...	2.87
06/06/18	Dividend	SOUTHERN CO CASH DIV ON 40 SHS REC 05/21/18 PAY 06/06/18	24.00
06/07/18	Dividend	ARCHER-DANIELS-MIDLAND CO CASH DIV ON 15 SHS REC 05/17/18 PA...	5.03
06/11/18	Dividend	TARGET CORP CASH DIV ON 14 SHS REC 05/16/18 PAY 06/10/18	8.68
06/11/18	Dividend	CHEVRON CORPORATION CASH DIV ON 13 SHS REC 05/18/18 PAY 06/1...	14.56
06/12/18	Dividend	JOHNSON & JOHNSON CASH DIV ON 15 SHS REC 05/29/18 PAY 06/12/...	13.50
06/14/18	Dividend	HOME DEPOT INC CASH DIV ON 12 SHS REC 05/31/18 PAY 06/14/18	12.36
06/15/18	Dividend	REALTY INCOME CORP CASH DIV ON 45 SHS REC 06/01/18 PAY 06/15...	9.88
06/15/18	Dividend	OLD REPUBLIC INTL CORP CASH DIV ON 46 SHS REC 06/05/18 PAY 0...	8.97
06/15/18	Dividend	MAIN STREET CAPITAL CORPORATION CASH DIV ON 35 SHS REC 05/21...	6.65
06/15/18	Dividend	COMPASS MINERALS INTL INC CASH DIV ON 11 SHS REC 06/01/18 PA...	7.92
06/18/18	Dividend	MCDONALDS CORP CASH DIV ON 13 SHS REC 06/04/18 PAY 06/18/18	13.13
06/20/18	Dividend	QUALCOMM INC CASH DIV ON 45 SHS REC 05/30/18 PAY 06/20/18	27.90
06/26/18	Dividend	MAIN STREET CAPITAL CORPORATION CASH DIV ON 53 SHS REC 06/19...	14.58

June Purchases:
KMB - 8
JNJ - 7

According to the Stock Trader’s Almanac, July ranks among the best months of the year for both the Dow and the S&P 500, although the results are notably worse for the Nasdaq and the Russell 2000 — the two gauges that have generally been holding up the best of late.  Hope July keeps its rep!