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| Today |
September was a good month for net worth, and I've decided to start paying bills via my brokerage using dividend money (per se).
We have a no interest loan with two popular hardware stores for the remodeling we did to improve our home's value. They expire sometime next year, and we are paying them down. One of the bills is less than the other, and less than the dividends I make on the low months (~$100). Going forward, I will add that amount to my brokerage funding each paycheck, and as it pays off, I will not reduce my brokerage funding. This gives me more cash flow, plus 2 extra paycheck's worth of funding per year. I will most likely choose another bill to pay with the remaining amount on the LOW month to do the same. The end goal is to basically have all of my paycheck go to my brokerage account, then pay all the bills through dividend income, and fund the brokerage with the rest.
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| Two Years Ago |
Why not just do it all now? Well, I want to make sure I can make ends meet "virtually" before retiring, so that when I do, essentially nothing will change. This means I will also need to start funding the stocks that pay in the low month when I can (starting with XEL since it is below my 3% minimum diversity weight).
As I write this, 10/2, today and yesterday the market has sold off. So far the October Effect is in full swing, so I expect to find some investing opportunities next week when my funding hits the brokerage.
Dividends were a tad higher this month due to Old Republic's $1/share bonus dividend. I don't know if I will see this number again in 3 months, but I hope so!
Dividends Received: $775 (the high paying month)
| QCOM | | | $40.30 |
| MAIN | | | $22.55 |
| HD | | | $24.48 |
| MCD | | | $22.04 |
| O | | | $11.33 |
| ORI | | | $121.20 |
| MAIN | | | $22.00 |
| IP | | | $44.50 |
| JNJ | | | $20.90 |
| TGT | | | $33.66 |
| CVX | | | $20.23 |
| SO | | | $34.72 |
| ADM | | | $17.15 |
| WEC | | | $7.67 |
| WTR | | | $7.26 |
| 401k Taxable | | $346.87
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September Purchases:
| CVX | 8 |
| ADM | 2 |
| FAST | 12 |
| ABT | 4 |
| WEC | 2 |
| WTR | 2 |
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