Sunday, May 6, 2018

Mortgage Balance (UPDATE) - MAY 2018


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 $850,241 (up $6,189 in the last 30-days). The traditional spring-summer spike in real estate has been great for property values, but the reality is whether or not it is up or down, it really doesn't mean much to us since we have no intention of selling our home.  We mainly post these updates to see the remaining mortgage balance and keep us motivated to push forward to be debt free (including our mortgage) one day!  




Mortgage Balance (As of May 1st):
$260,112 (down $1,972 from our April post)

Percentage Owed:
30.5% (down .6% from our April post)

Home Equity
$590,129 (up a whopping $10,702 from our April post)
   
Mortgage Background:
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 9 years and 1 months (109 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 9  years and 11 months (119 months) left on our mortgage. Nevertheless, I would like to have it paid off in roughly 8-9 years. If we accomplish that, I plan to use the money we use to pay our mortgage and aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 


Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 6-8 years, we may consider using some of the money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.

Wednesday, May 2, 2018

APRIL 2018 - DIVIDENDS RECEIVED



Below is a recap of the dividends/partnership distributions that we received from our family's dividend stocks portfolio –  APRIL 2018 (recap).

DIVIDENDS 

During the past month, our family received dividends/partnership distributions from a total of 15 companies/ETFs/Partnerships. The total monies received from those 15 companies/ETFs/Partnerships was: $382.35

Below is a breakdown of the dividends/partnership distributions received this past month:


WELLS FARGO INVESTMENT ACCOUNT:
4/06/18 - MRK (MERCK & CO INC): $4.80
4/12/18 - VTR (VENTAS INC): $12.64
4/12/18 - MDLZ (MONDELEZ INTL INC): $4.40
4/13/18 - O (REALTY INCOME CORP): $3.29
4/16/18 - WPC (W P CAREY INC): $6.09
4/16/18 - VER (VEREIT INC): $61.88
4/16/18 - OXY (OCCIDENTAL PETE CORP): $30.80
4/16/18 - CAH (CARDINAL HEALTH INC): $18.50
4/16/18 - ARI (APOLLO COMM REAL ESTATE FINANCE INC): $97.66
4/20/18 - NTR (NUTRIEN LTD): $7.20
4/25/18 - GE (GENERAL ELECTRIC CO): $18.00
4/26/18 - BNS (BK NOVA SCOTIA HALIFAX): $9.55
4/27/18 - EC (ECOPETROL SA-SPON ADR): $19.33
4/30/18 - TD (TORONTO DOMINION BK): $10.46

EDWARD JONES INVESTMENT ACCOUNT:
4/25/18 - CMCSA (COMCAST CORP): $77.75

OVERALL DIVIDENDS TOTAL THIS MONTH: $382.35


How did you all do? Hopefully you all continue to see your dividends growth month after to month, year after year! 


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

Saturday, April 28, 2018

RECENT BUY : Ladder Capital Corp (NYSE: LADR)

WE RECENTLY PURCHASED THE FOLLOWING

Ladder Capital Corp (LADR)
Purchased 50 shares of LADR on 4/25/2017 at $13.75

Total money spent: $687.50
$63.00 added to annual dividends


We have continued to actively purchase shares of dividend stocks, but admittedly it has been quite some time since we have written post of a recent buy. We just thought we'd share this one as it does not seem to be as popular in the dividend stock investing community. We had a family member, who currently owns this stock, recommend it to us earlier this year.  So we started watching Ladder Capital Corp (LADR) around February and finally saw a good entry point when the stock dipped recently below $14.00.  

Since we did not previously own shares in Ladder Capital Corp (LADR), the recent purchase not only added $63.00 to our forward dividends but also became the 61st different dividend paying stocks/ETFs in our family's Dividend Stocks Portfolio.

They additional $63.00 added to our annual dividends puts our yearly dividends at approximately $3,295/year (excluding our Edwards Jones account) and $3,795/year (including our Edward Jones account). 

Our family's dividend stocks portfolio may be found
by clicking on the link below:
DIVIDEND STOCKS PORTFOLIO


HERE IS A QUICK FACT SHEET FOR THE STOCK JUST PURCHASED:

Ladder Capital Corp (LADR)
  • P/E: 12.27
  • Payout Ratio: 107.52%
  • Dividend Yield: 9.06%
  • 0 consecutive years of dividend increases
  • Last dividend Ex date: 3/12/2018
  • Next dividend Ex date: approx. 6/12/2018
  • Dividend Payback Period: 3 years
  • Pays a dividend 4 times a year.
  • Market Cap: 1.55 Billion
  • 52-week high: $15.39
  • 52-week low: $12.82
  • Purchased Price: $13.75

What are your thoughts about our recent purchase?

What are you buying?

Monday, April 16, 2018

Mortgage Balance (UPDATE) - April 2018


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 $841,511(up $13,803 in the last 30-days). Home prices are just about as unpredictable as the stock market these days. Like the market, our home value has been a huge roller coaster this year. But always glad and thankful to see the value jump more than $10K in one month! :)

The reality is whether or not it is up or down, it really doesn't mean much to us since we have no intention of selling our home.  We mainly post these updates to see the remaining mortgage balance and keep us motivated to push forward to be debt free (including our mortgage) one day!  



Mortgage Balance (As of Mar 1st):
$262,084 (down $1,967 from our March post)

Percentage Owed:
31.1% (down a full 1% from our March post)

Home Equity:
$579,427 (up a whopping $22,426 from our March post)
   
Mortgage Background:
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 9 years and 2 months (110 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 10  years and 0 months (120 months) left on our mortgage. Nevertheless, I would like to have it paid off in roughly 8-9 years. If we accomplish that, I plan to use the money we use to pay our mortgage and aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 


Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 6-8 years, we may consider using some of the money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.

Friday, April 13, 2018

MARCH 2018 - DIVIDENDS RECEIVED


Below is a recap of the dividends/partnership distributions that we received from our family's dividend stocks portfolio –  MARCH 2018 (recap).

DIVIDENDS 

During the past month, our family received dividends/partnership distributions from a total of 16 companies/ETFs/Partnerships. The total monies received from those 16 companies/ETFs/Partnerships was: $254.85

Below is a breakdown of the dividends/partnership distributions received this past month:


WELLS FARGO INVESTMENT ACCOUNT:
3/02/18 - HCP (HCP INC): $14.80
3/02/18 - ENB (ENBRIDGE INC): $20.92
3/09/18 - XOM (EXXON MOBIL CORP): $11.55
3/09/18 - EXC (EXELON CORPORATION): $12.05
3/12/18 - TGT (TARGET CORP): $11.78
3/12/18 - IBM (INTERNATIONAL BUSINESS MACHINE CORP): $9.00
3/12/18 - CVX (CHEVRON CORPORATION): $16.80
3/15/18 - (REALTY INCOME CORP): $3.29
3/16/18 - FLO (FLOWERS FOODS INC): $5.61
3/16/18 - CTL (CENTURYLINK INC): $13.50
3/19/18 - ESV (ENSCO PLC ): $5.00
3/23/18 - EDIV (SPDR S&P EMERGING ETF): $8.89
3/26/18 - RDS.B (ROYAL DUTCH SHELL PLC): $13.16
3/27/18 - BBL (BHP BILLITON PLC): $103.40
3/29/18 - NOV (NATIONAL OILWELL VARCO INC): $2.25
3/29/18 - GILD (GILEAD SCIENCES INC): $2.85

EDWARD JONES INVESTMENT ACCOUNT:
N/A

OVERALL DIVIDENDS TOTAL THIS MONTH: $254.85


How did you all do? Hopefully you all continue to see your dividends growth month after to month, year after year! 


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

Saturday, March 10, 2018

Mortgage Balance (UPDATE) - March 2018


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 $821,052(down $3,653 in the last 30-days). Up or down, it really doesn't mean much to us since we have no intention of selling our home.  We mainly post these updates to see the remaining mortgage balance and keep us motivated to push forward to be debt free (including our mortgage) one day!




Mortgage Balance (As of Mar 1st):
$264,051 (down $1,963 from our February post)

Percentage Owed:
32.1% (down .1% from our February post)

Home Equity:
$557,001 (down $2,755 from our February post)
   
Mortgage Background:
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 9 years and 3 months (111 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 10  years and 1 months (121 months) left on our mortgage. Nevertheless, I would like to have it paid off in 10 years or less. If we accomplish that, I plan to use the money we use to pay our mortgage and aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 


Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 6-8 years, we may consider using some of the money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.

Thursday, March 1, 2018

FEBRUARY 2018 - DIVIDENDS RECEIVED


Below is a recap of the dividends/partnership distributions that we received from our family's dividend stocks portfolio –   FEBRUARY 2018 (recap).

DIVIDENDS 

During the past month, our family received dividends/partnership distributions from a total of 10 companies/ETFs/Partnerships. The total monies received from those 10 companies/ETFs/Partnerships was: $243.06

Below is a breakdown of the dividends/partnership distributions received this past month:


WELLS FARGO INVESTMENT ACCOUNT:
2/01/18 - VZ (VERIZON COMMUNICATIONS COM ): $23.60
2/01/18 - POT (POTASH CORP): $4.51
2/01/18 - GIS (GENERAL MILLS INC): $12.25
2/01/18 - T (AT & T INC): $12.67
2/02/18 - VOD (VODAFONE GROUP PLC): $29.94
2/14/18 - ETP (ENERGY TRANSFER PARTNERS LP ): $42.38
2/14/18 - OHI (OMEGA HEALTHCARE REIT INVESTORS INC): $19.80

2/15/18 - KMI (KINDER MORGAN INC): $22.50
2/21/18 - WELL (WELLTOWER INC): $26.10
2/23/18 - COF (CAPITAL ONE FINANCIAL CORP ): $2.00

EDWARD JONES INVESTMENT ACCOUNT:
2/1/18 - T (AT & T INC): $47.31

OVERALL DIVIDENDS TOTAL THIS MONTH: $243.06


How did you all do? Hopefully you all continue to see your dividends growth month after to month, year after year! 


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

Friday, February 23, 2018

Mortgage Balance (UPDATE) - February 2018


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 $825,770 (down $2,242 in the last 30-days). Up or down, it really doesn't mean much to us since we have no intention of selling our home.  We mainly post these updates to see the remaining mortgage balance and keep us motivated to push forward to be debt free (including our mortgage) one day!




Mortgage Balance (As of Feb 1st):
$266,014 (down $3,911 from our December post)

Percentage Owed:
32.2% (down .3% from our December post)

Home Equity:
$559,756 (down $275 from our December post)
   
Mortgage Background:
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 9 years and 4 months (112 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 10  years and 2 months (122 months) left on our mortgage. Nevertheless, I would like to have it paid off in 10 years or less. If we accomplish that, I plan to use the money we use to pay our mortgage and aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 


Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 6-8 years, we may consider using some of the money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.

Tuesday, February 13, 2018

JANUARY 2018 - DIVIDENDS RECEIVED

Below is a recap of the dividends/partnership distributions that we received from our family's dividend stocks portfolio –   JANUARY 2018 (recap).

DIVIDENDS 

During the past month, our family received dividends/partnership distributions from a total of 16 companies/ETFs/Partnerships. The total monies received from those 16 companies/ETFs/Partnerships was: $392.60

Below is a breakdown of the dividends/partnership distributions received this past month:


WELLS FARGO INVESTMENT ACCOUNT:
1/02/18 - GPC (GENUINE PARTS CO): $3.38
1/08/18 - MRK (MERCK & CO INC): $4.80
1/08/18 - CIG (COMPANHIA ENERGETICA DE MINAS ADR): $58.59
1/11/18 - MDLZ (MONDELEZ INTL INC): $4.40
1/12/18 - JCI (JOHNSON CTLS INTL PLC): $3.90
1/12/18 - VTR (VENTAS INC): $4.74
1/16/18 - WPC (W P CAREY INC): $6.06

1/16/18 - VER (VEREIT INC): $61.88
1/16/18 - OXY (OCCIDENTAL PETE CORP): $30.80
1/16/18 - CAH (CARDINAL HEALTH INC): $18.50
1/16/18 - ARI (APOLLO COMM RE FINANCE INC): $97.66
1/24/18 - ORCL (ORACLE CORPORATION): $2.09
1/25/18 - GE (GENERAL ELECTRIC COMPANY): $12.00
1/29/18 - BNS (BK NOVA SCOTIA HALIFAX): $9.60
1/31/18 - TD (TORONTO DOMINION BK): $9.75

EDWARD JONES INVESTMENT ACCOUNT:
1/24/18 - CMCSA (COMCAST CORP): $64.45

OVERALL DIVIDENDS TOTAL THIS MONTH: $392.60


How did you all do? Hopefully you all continue to see your dividends growth month after to month, year after year! 


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

Tuesday, January 23, 2018

Net Worth Report (Jan 2018 Update)

We originally set out to provide just annual Net Worth updates and then eventually started to do quarterly updates.  Now that we have significantly slowed the pace of our posts, I think we will like just pop in once or twice a year simply to let everyone know how we are doing and to keep ourselves honest and looking forward to our ultimate goal of early retirement and/or Financial Independence!  

Also, in case you have not come across it, we are part of an active list of bloggers who provide their net worth on Rockstar Finance's page - The Ultimate List of Blogger Net Worth.

With that said, at the end of the first quarter, our family net worth is as follows:

Retirement Savings:                      $ 520,034
P2P Lending Accounts:                   $    8,203
Dividend Stock Accounts (DSA):     $   87,983
DSA - Surplus Cash:                      $  18,282
College Savings Accounts:              $  75,837
Cash and Savings:                         $  51,018

GRAND TOTAL
$761,357
(Increase of $57,717 since April 2017)

Although we do not count it as part of our Net Worth,
it is still nice to know that our Home Equity is:
$560,031*
(Increase of $13,656 since April 2017)

Although we don't consider our home equity as part of our Net Worth, we understand that some people do.  So for those who include home equity in their Net Worth, our family's net worth would be considered: $1,321,388 (Increase of $71,373 since April 2017).  It's a pretty awesome figure when you include the home equity but until we can accumulate 7 figures without our home equity, I refuse to consider myself a millionaire. 

* 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 type of assets as part of our family's recognized net worth.

Friday, January 12, 2018

DECEMBER 2017 - DIVIDENDS RECEIVED

Below is a recap of the dividends/partnership distributions that we received from our family's dividend stocks portfolio –  DECEMBER 2017 (recap).

DIVIDENDS 

During the past month, our family received dividends/partnership distributions from a total of 17 companies/ETFs/Partnerships. The total monies received from those 17 companies/ETFs/Partnerships was: $253.16

Below is a breakdown of the dividends/partnership distributions received this past month:


WELLS FARGO INVESTMENT ACCOUNT:
12/01/17 - ENB (Enbridge Inc): $19.95
12/08/17 - EXC (Exelon Corp): $11.44
12/11/17 - TGT (Target Corp): $15.50
12/11/17 - IBM (Int'l Business Machines Corp): $9.00
12/11/17 - XOM (Exxon Mobil Corp): $11.55
12/11/17 - EMR (Emerson Electric Co): $13.10
12/11/17 - CVX (Chevron Corp): $16.20

12/11/17 - CTL (Centurylink Inc): $13.50
12/15/17 - ESV (Ensco Plc): $5.00
12/15/17 - FLO (Flower Foods Inc): $5.61
12/18/17 - VFC (V.F. Corp): $6.90
12/22/17 - RDS.B (Royal Dutch Shell Plc): $21.62
12/22/17 - NOV (National Oilwell Varco Inc): $2.25
12/28/17 - UNP (Union Pacific Corp): $9.98
12/28/17 - EDIV (SPDR S&P Emerging Markets ETF): $9.72
12/28/17 - GILD (Gilead Sciences Inc): $6.24
12/29/17 - FTR (Frontier Communications Corp): $75.60

EDWARD JONES INVESTMENT ACCOUNT:
N/A

OVERALL DIVIDENDS TOTAL THIS MONTH: $253.16

How did you all do? Hopefully you all continue to see your dividends growth month after to month, year after year! 


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