Thursday, July 17, 2014

Stocks Added to Blog Collection (Update) - Mid-Month (July 2014)

For those who are not yet familiar with my extensive collection of individual dividend stocks. The collection is currently comprised of 315 stock analyses (and still growing) with links to various stock analyses that I found throughout the dividend blog community.
 
The collection was created in a Google Docs Spreadsheet so that I may continue to maintain and update the list periodically. My plan is to immediately provide updates for new stock analysis the moment I become aware of them. So please make sure to check back periodically as the list will be updated frequently.
 
The collection goes back two years but to highlight the stock analyses that have recently been created during the last 2 months, I have provided NEW!! at the end.

Originally, I was only planning to provide monthly updates. However, seeing that there is already a decent size list of stocks to report just in the first half of the month, I have know decided that I will provide two updates to my blog collection. One at mid month and another and the end of the month.  This will allow everyone to be more up-to-date with the newly added stock analyses.
 

With that said, the following is a list of newly added stocks analysis that were prepared during the first half of the month of JULY (2014):
  1. Aflac, Inc
  2. AT&T Corp
  3. Coach, Inc
  4. Community Trust Bank Corp
  5. Deere & Co
  6. IBM Corp
  7. Kellog Co
  8. Kimberly-Clark Corp
  9. Kraft Foods Group, Inc
  10. Mattel, Inc
  11. Procter & Gamble Co
  12. Visa, Inc
 
My goal is to make this collection become the centralized source where one begins their research on a particular dividend stock company or at the very least, a source to confirm if a company stock is worth buying. Whether your a beginner or a veteran, I want this list to become an invaluable reference tool for you all. Best part, unlike other subscription based sites, I plan to keep this completely free for everyone to enjoy and benefit from. Feel free to share with all of your friends and family! 
 
Click on Link Below

Collection of Stock Analyses

Sunday, July 13, 2014

P2P Accounts (Update) - July 2014


June was decent month for us on Lending Club as we purchased a total of $600 worth of notes this month. At the end of June, our Lending Club account balance was at $7,859.68. We received $507.48 in payments from our active notes in June; of which, we received, $50.74 in interest (an increase of $7.38/mo.).  The principal balance of our active notes was $7,101.97 (an increase of $71.11 from May total), with $450.00 of loans in review or funding and a remaining cash balance of $332.20.  We are currently generating 5.27% on our seasoned notes. We did have one loan that was charged off this past month.  The remaining balance of the loan was $21.40.
 
  

 
___________________________________________________________________
 

  
June was also a decent month for us on Prosper as we purchased a total of $775.00 worth of notes this month. At the end of June, our Prosper account balance was at $8,361.92 (an increase of $450.99 from our balance at the end of May). We received $403.78 in payments from our active notes in June; of which, we received, $57.10 in interest (an increase of $3.41/mo.).  The principal balance of our active notes was $7,847.19 (an increase of $422.21 from May total), with $50.00 of loans in review or funding and a remaining cash balance of $488.21.  We are currently generating 7.55% on our seasoned notes.
 

 
 
  
In an effort to grow both P2P accounts, we are currently re-investing all of the payments that we receive from our notes. And when the cash balance is low, we are continuing to add more funds to the account so that we may constantly purchase new notes.
 
 ________________________________________________________________
 

NOTES CRITERIA:

Our family has been investing in peer-to-peer lending notes for approximately 3 years now. And because of past defaults, we have now refined our search criteria. As a result, we now take a slightly more conservative approach with the notes we invest in. Currently, we only invest in notes that fit the following initial criteria:
  • Amount requested is under $6,000;
  • Credit score of 700 or more; and
  • Monthly payment will be less than $250.
From those we evaluate (Employment Status):
  • The borrower's income (prefer > $50,000 but depends on amount requested);
  • Length of employment (must be > 2 years); and
  • Their occupation (certain occupations, known to be more secured, are more desirable).
We then look at (Ability To Pay):
  • Their credit history;
  • Revolving balance; and
  • Debt to income level, etc.
We do not invest in any notes where borrow is currently delinquent, of if they have had  a public record within the last 12 months. We also do not invest in notes where the description provided is "Other." We feel that there is too much risk involve when the borrower is not willing to reveal why he/she needs the money.

Click below to view  our peer-to-peer lending accounts

PEER-TO-PEER LENDING ACCOUNTS

Friday, July 11, 2014

Retirement Accounts (Update) - July 2014


 
For several years now, our retirement accounts have been growing at a decent pace...this year, however, the performance has been pretty anemic! I am still thankful that we are not losing money. But that is why our family has now decided to switch our focus towards building our Dividend Stocks Portfolio and P2P Lending Accounts so as to have optional income streams in retirement. Nevertheless, we will still continue to track these accounts as they are still part of our retirement plan.
 

EXISTING RETIREMENT ACCOUNTS - JUNE UPDATE:

Below is a quick update to show the current values of our retirement accounts as of July 1, 2014.  For a more comprehensive list of values (beginning January 2014) and details of these accounts, please visit the Retirement Accounts page on our blog.

 

JULY 1, 2014

 
PENSION
Cash Value of Pension$200,795 ($1,314 increase from June total of $199,481)
 

457K
Total value of 457K: $116,748 ($1,538 increase from May total of $115.210)
 

Roth IRAs
Total value of Roth IRA accounts: $53,390 ($2,046 increase from May total of  $51,346)
 
Overall, the month of June was a decent month as our retirement accounts increase $4,898 from the June 1, 2014 totals.  As it stands, the total amount of our retirement accounts is currently valued at: $370,933.
 
Click below to view retirement accounts page
 

RETIREMENT ACCOUNTS


Wednesday, July 9, 2014

Mortgage Balance (Update) - July 2014




If you have viewed our family's Net Worth Page, you probably already know that it does not include the equity in our home.  Although, we do realize that it is technically part of our overall net worth, we decided that since our home equity is not an asset that we can count on for income (unless we sell and buy something cheaper) we would exclude it from our net worth calculation.
 
For the purpose of this blog, we are more interested in documenting our loan balance rather than our home equity.  With that said, we will use the current Zillow value as our estimated home value and use it to figure out the percentage we owe on our home. For those interested, we will include the amount of our home equity, but know that we are less concerned with the equity since we have no plans to cash out or otherwise sell our home. Our main goal is to pay off our home on or before my retirement date. 


Home Value:
According to Zillow, our home is currently worth: $788,317 (up from $768,380 in June). The housing market in our area has been roaring in the last few months as we had a roughly $20K gain the month prior.  It's nice to see home values go up but the reality is it is simply a paper gain until we actually go to sell our home. Meanwhile, the higher value translates to more property taxes. 




Mortgage Balance (July 2014):
$345,379.00 (down from $347,098.15 in June)

Percentage Owed:
43.81% (down from 45.17% in June)

Home Equity:
$442,938 (up from $421,281.85 in June)

For those that have not read the Preface on our home equity, we currently hold a 15-year fixed rate mortgage at the incredibly low rate of 2.875%.  My goal is to retire within 13 1/2 years so we are setting out to pay off our mortgage on or before my retirement date. 

Although we don't consider home equity as part of our net worth, since I am sort of a statistics nerd, I still like to look at the numbers and draw fancy comparisons. :) This last month was an great month in that our home equity grew approximately $21,657. As for percentage owed, the number continues to decrease ever so slightly. The percentage dropped another 1.36% this past month.  With our mortgage balance, I'll certainly accept that as a decent month. :) Plus, that is an annual decrease of 16.32%! 
 
 
Click on the link below to view our mortgage balance history:
Mortgage Balance History

Saturday, July 5, 2014

Net Worth (Update) - 2nd Quarter 2014


 
Originally, I was only planning to provide annual Net Worth updates.  However, since I am now part of an active list of bloggers who provide their net worth on Rockstar Finance's page - The Ultimate List of Blogger Net Worth, I now feel that I need to start providing quarterly updates.  This will allow our readers more insight to our overall progress towards Financial Independence. It will also allow us to stay accurate and current on the Rockstar Finance's Ultimate List of Blogger Net Worth.
 
As of the end of June 2014, our family net worth is as follows:
 
Retirement Savings:                       $370,933
P2P Lending Accounts:                    $ 16,220
Dividend Stock Accounts (DSA):      $ 42,449
DSA - Surplus Cash:                       $ 23,789
Investment Accounts:                     $ 25,205
Cash and Savings:                          $ 87,275
 
GRAND TOTAL
$565,871
(Increase of $54,742 since 12/31/13)
 
 
Home Equity: $442,938

When I was younger, I always said I wanted to become a millionaire. Well, if you add our home equity (as some people actually do), I guess our family became millionaires this past month! Don't get me wrong, I am actually proud of the accomplishment. But maybe it's because of the my friends, my neighbors, or other people I have around me whom are way better off than me, I just see this milestone as simply another goal accomplished. Definitely not Financial Independence and definitely not the finish line.

NOTE: If you follow us, you know that we do not consider the home equity in our home as part of our net worth. Although others do consider home equity, and even cars, collections, etc. as part of their net worth, it is our opinion that since these items are not very liquid and the value of these items is highly dependent on what others are willing to pay for them (at the present time), we have decided not to consider these assets as part of our recognized family net worth.

 

Thursday, July 3, 2014

Dividend Stocks Portfolio (Update) - July 2014

 
 
Here is the recent update to our dividend stocks portfolio – July 2014.

SALES

As noted in the narrative for our dividend stocks portfolio, we are in the process of re-balancing our portfolio to meet our current stock criteria. Some of our holdings, therefore, do not reflect our current goals, but we are in the process of selling a few of them as they reach our limit price. We continued to sell a few shares this past month but still have a bit more to go.  My goal is to finish the transition sometime before the end of the year.  We definitely made some great progress towards this goal in the month June.
 
With that said, we have sold the following 6 positions this past month:

6/3/14
25 shares of EXC (Excelon Corp) at $37.05 ($926.25)
  • Estimated Annual Dividend Lost: $31.00
6/6/14
100 shares of BSBR (Banco Santander Brasil) at $7.00 ($699.98)
  • Estimated Annual Dividend Lost: $21.60
6/9/14
73 shares of CIG (Companhia Energetica de Minas Gerais) at $7.66 ($559.18)
  • Estimated Annual Dividend Lost: $55.63
6/18/14
75 shares of CIG (Companhia Energetica de Minas Gerais) at $8.30 ($622.50)
  • Estimated Annual Dividend Lost: $57.15
6/19/14
50 shares of BSBR (Banco Santander Brasil) at $7.12 ($356.00)
  • Estimated Annual Dividend Lost: $10.80
6/19/14
25 shares of EXC (Excelon Corp) at $37.05 ($926.25)
  • Estimated Annual Dividend Lost: $31.00
 
TOTAL VALUE OF ALL SALES: $4,090.16*

OVERALL DECREASE TO ANNUAL DIVIDENDS: $207.18

*We receive 100 free trades per year through our brokerage account so there was no commission paid on these sales.
 

 

PURCHASES

May was a light month as we only made a total of 3 purchases during the month.  All of our purchases was to increase our position in ARCP.  We should see an uptick in our buying activity in the coming month as we are now sitting on approximately $3,000 in cash reserves received from our recent stock sales. We will definitely look to initiate some purchases in the upcoming month to replace the dividend income that we had lost from our recent sale.   
 
The following are the actual buys that we made during the month of May:

6/9/14
25 shares of ARCP (American Realty Capital Properties) at $12.33 ($308.25)
  • Estimated Annual Dividend Received: $25.00
6/10/14
20 shares of ARCP (American Realty Capital Properties) at $12.18 ($243.60)
  • Estimated Annual Dividend Received: $20.00
6/11/14
40 shares of ARCP (American Realty Capital Properties) at $11.95 ($478.00)
  • Estimated Annual Dividend Received: $40.00
 
TOTAL SPENT ON NEW ACQUISITION: $1,029.85*

OVERALL INCREASE TO ANNUAL DIVIDENDS: $95.00

*We receive 100 free trades per year through our brokerage account so there was no commission paid on this purchase.
 

 

DIVIDENDS

June was an average month in terms of dividends received. Glad to see the monthly dividend back near our monthly average. So far this year, we are averaging $133.44 in dividends each month. However, since we are in the process of re-balancing of our portfolio, there may be a brief period where our monthly average will dip because of the sold positions. Well, at least until we replace them with new and hopefully more stable and even rising dividends.  :) 

For the month of June, we receive the following dividends:

6/03/14 - Dividend from ENB (Enbridge Inc): $6.46
6/09/14 - Dividend from BBD (Banco Bradesco): $0.71
6/10/14 - Dividend from TGT (Target Corp): $4.33
6/10/14 - Dividend from EXC (Excelon Corp): $34.08
6/13/14 - Dividend from ARCP (American Realty Capital Properties Inc): $6.25
6/20/14 - Dividend from ESV (Ensco PLC): $7.50
6/30/14 - Dividend from FTR (Frontier Communications): $62.86
6/30/14 - Dividend from BPY (Brookfield Property Partners): $1.07

OVERALL DIVIDENDS TOTAL THIS MONTH: $123.26*

* We currently receive our dividends as cash in all stock positions held.
  

In case you interested, our family's dividend stocks portfolio may be found by clicking on the link below:
 

Monday, June 30, 2014

Stocks Added to Blog Collection (Update) - June 2014


For those who are not yet familiar with my extensive collection of individual dividend stocks. The collection is currently comprised of 299 stock analyses (and still growing) with links to various stock analyses that I found throughout the dividend blog community.
 
The collection was created in a Google Docs Spreadsheet so that I may continue to maintain and update the list periodically. My plan is to immediately provide updates for new stock analysis the moment I become aware of them. So please make sure to check back periodically as the list will be updated frequently.
 
The collection goes back two years but to highlight the stock analyses that have recently been created during the last 2 months, I have provided NEW!! at the end.

However, the following are companies with stocks analysis prepared during the month of June:
 
JUNE 2014
  1. Accenture PLC
  2. Automatic Data Processing, Inc
  3. Baxter International Inc
  4. Cardinal Health, Inc
  5. Coca Cola Co
  6. Colgate-Palmolive Co
  7. Consolidated Edison
  8. Darden Restaurant, Inc
  9. General Mills, Inc
  10. HCP, Inc
  11. Kimberly-Clark Corp
  12. Kinder Morgan Inc
  13. Medtronic, Inc
  14. Meredith Corp (2 analyses)
  15. Occidental Petroleum Corp
  16. PepsiCo, Inc (2 analyses)
  17. Procter & Gamble Co
  18. Realty Income Corp (2 analyses)
  19. Reynolds American, Inc
  20. Target Corp (3 analyses)
  21. Waste Management, Inc

My goal is to make this collection become the centralized source where one begins their research on a particular dividend stock company or at the very least, a source to confirm if a company stock is worth buying. Whether your a beginner or a veteran, I want this list to become an invaluable reference tool for you all. Best part, unlike other subscription based sites, I plan to keep this completely free for everyone to enjoy and benefit from. Feel free to share with all of your friends and family! 

 
Click on Link Below

Collection of Stock Analyses