June 2015 Update
All Is Quiet in Gravyville
I wish I had some exciting new purchases to write about, but I’ve got nothing. I haven’t made a purchase since mid-May. I may be experiencing a crisis of confidence in myself, or it may be that I’ve become uncomfortable with valuations. Perhaps a little of both. The overriding concern for me Continue reading →
May 2015 Update
Moving Forward – Slowly
By this time in the year, I had hoped that our portfolio’s dividend growth would have progressed further than it has. I continue making progress in the area of forward dividend income, though it feels as if I’m walking up a sand dune. I must admit that I struggle to find additional investments that I am comfortable with. For May, I made a single add and received 4 small to moderate dividend increases. Not all bad, but I will continue with my efforts to improve. I’ve been keeping my eye on utilities and REIT stocks as of late. As a group, these stocks are being pressured by fears of a rate hike. Continue reading →
April 2015 Update
Portfolio Additions
April was a pretty mundane month. No stock sales took place and in the realm of stock purchases, a single buy was transacted.
I added a few shares of Johnson and Johnson (JNJ). I am attempting to solidify our dividend income a bit by adding to our dividend superstar holdings. Ideally, I would like these core holdings to generate at least 50% of our dividend income. At this time, that number is a little over 40%. Adding to JNJ is part of the plan. Continue reading →
February 2015 update
The New Year – Financially Uneventful So Far
I failed to post an update for January. I was a little distracted and frankly, I had little to report. No transactions occurred during the month and dividend increases were unexciting. An increase from AT&T and Realty Income increased my forward income by .36%. Enough said. Continue reading →
Portfolio activity – December 2014
During the month of December I added to two of my current holdings, those being General Electric and AT&T. My current goal is to work my new IRA (from a 401K rollover) into the market to generate additional dividend income. Decent values are very hard to come by these days. Even after these two smaller purchases and a few slightly larger purchases in November, my IRA still sits at 86% cash. Worse yet, I’m out of ideas at the moment. Continue reading →
November 2014 update
Retired….one month in
I’m just wrapping up my first month of retirement. I think I’m going to like this gig. I have to say that I very much enjoy spending time at home and just doing whatever I feel like doing. I highly recommend it. I’m sure that boredom will set in eventually, but it’s not here yet. On the flip side, I have to concern myself even more with growing a stream of dividend income.
On the Investing Front
I have spent a fair amount of my time looking for stocks that I view as buy candidates. I am attempting to get my new IRA working to generate some income. In this market, my level of enthusiasm is very muted. Continue reading →
July/August 2014 update
What’s my focus?
I (along with my wife) began my dividend income journey only a few years ago. I knew that I wanted to create dividend income. I also knew that since I began so late in life that the income would not likely allow us to live in a large house on a private island. In an attempt to be a realist, I set a goal of using dividend income simply to enhance our “guaranteed” income such as pensions and Social Security. Continue reading →
Dividend Gravy 