Friday, March 29, 2019

Downsizing

Moved in!  We decided to pay cash for an older home and make it how we like it, versus buying a new home with everything already installed.  We are looking at flooring and cabinets, replacing doors, and a few other small things right off the bat.  The nice thing is, we have most of the cash up front (pulled from 401k for home purchase), but a lot of these places offer 6 months to 2 years same as cash.  I will use as many of these as possible, and drop most of our cash back into the 401k to make some more money, then pull it out at the last minute to pay off the improvements.  I might wait for the market to have another December drop (if possible) before returning the 401k loans (buy low, sell high - which is essentially how the 401k loan process works), or if I feel that the China deal will happen I'll try to get that money back in, because I expect the market to rocket up.

In the meantime, in anticipation of not dropping money into the brokerage for the month of April for possible expenses, I fronted most of April's savings in March, hence the large amount of purchases.  If things stabilize, I'll just take it as a bonus to the brokerage.

The home will be remodeled with the intent of it being a furnished rental at some point (or long term vacation/business rental).  The community is a planned community, so they have many activities and facilities for the residents (golf, pools, tennis, etc.).  This will be a possible additional income generator.

A lot of changes, but the market keeps paying out divvies and moving up.

March Dividends Received: $541.84


QCOM  $40.30
HD  $24.48
$10.15
ORI  $18.20
MCD  $15.08
MAIN  $21.45
IP  $26.50
JNJ  $19.80
ADM  $8.05
TGT  $30.08
CVX  $15.47
SO  $32.40
WEC  $7.67
WTR  $3.50
Taxable 401k          $276.76

March Purchases:
SO  2
WSO  4
FAST  5
IP  17
ADM  2
WTR 10
ABT  2
ABBV10
MCD 3
NNN 2
Happy Investing!