The markets were down to flat this week. It was the same across my accounts. The big news this week was AT&T announcing the spinoff of Warner Media which will merge with Discovery. AT&T also announced that it will be resetting its dividend when the spinoff completes next year. The looming lower dividend caused many to sell off their shares of T and the stock price dropped. I wrote more about this in my previous blog post. Let’s take a look at the details of my accounts for this week.
This week I received the following dividends in the Roth IRA:
- Stag Industrial Inc. (STAG) – $0.12
- Main Street Capital Corp. (MAIN) – $0.16
This week I received the following dividends in the Traditional IRA:
- Texas Instruments Inc. (TXN) – $10.40
- Proctor and Gamble Co. (PG) – $19.36
- British American Tobacco (BTI) – $10.87
The combined total of dividends received this week was $40.91. All of the dividends were reinvested.
This week I bought the following in the Roth IRA:
- Vanguard Growth ETF (VUG) – 0.038 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.262 shares
- Invesco NASDAQ Next Gen 100 ETF (QQQJ) – 0.159 shares
- Nationwide Risk Managed Income ETF (NUSI) – 0.185 shares
- Medical Properties Trust (MPW) – 0.237 shares
- Innovative Industrial Properties Inc. (IIPR) – 0.028 shares
This week I bought the following in the Traditional IRA:
- Kroger Co. (KR) – 3 shares
I have not been including my buys/sells in my 401k. I think starting this week I begin to include this information. This week the following buys were made in the 401k:
- Vanguard Small Cap Index Fund Admiral shares – 0.3841 shares
- Vanguard Total Bond Market Index Fund Admiral shares – 3.4383 shares
- Vanguard Total Stock Market Index Fund Admiral shares – 2.7152 shares
- DFA Commodity Strategy Portfolio – 2.0759 shares
- DFA Real Estate Securities Portfolio – 0.823 shares
- Vanguard Total International Stock Market Index Fund Admiral shares – 1.1589
In the taxable growth account FLIR Systems Inc. (FLIR) merged with Teledyne Technologies Inc. (TDY). Due to this merger, my position in FLIR has been liquidated for cash. I did not receive any shares in TDY.
The following was the options trading activity for the week:
- Invesco Mortgage (IVR) – sold a covered call at a strike price of $3.50 expiring on July 2, 2021 for a premium of $21.31.
- Verizon (VZ) – a covered call expired out of the money.
- United Microelectronics Corp. (UMC) – a cash secured put expired in the money. I have been assigned 100 shares.
- AT&T (T) – a covered call expired out of the money.
- Organigram Holdings Inc. (OGI) – a cash secured put expired in the money. I have been assigned 100 shares.
- Mustang Bio Inc. (MBIO) – a covered call expired in the money. 100 shares have been sold due to being assigned.
The total options premium received this week was $21.31.
The Traditional IRA finished the week at $114,895 which is down -$220 from the previous week.
The 401k finished the week at $7,230 which is up $157 over the previous week. This includes the bi-weekly contribution of $164 so the account is actually down from the previous week.
The Roth IRA finished the week at $537 which is up $61 over the previous week. This includes the monthly contribution of $60 so the account is just barely up over the previous week.
The taxable growth finished the week at about $227 which is up about $3 from the previous week. M1 Finance is showing a loss for the week. I believe the gain is from the liquidation of the FLIR position due to the merger. If you want to check out the positions in this account you can here: https://m1.finance/oWwP6CWOVtiO .
The total amount invested across all accounts is $122,889. Overall, the accounts were up $1 over the previous week. When the contributions are factored in, the accounts were down for the week.
The combined income from dividends and options premium was $62.22 this week. This was a slow week for income across the accounts. It was also another down week for the accounts. Despite the accounts being down, I continue to execute my plan. My plan is for the long term so a few down weeks will not cause me to alter my plan. Well, that wraps it up for this week. Thanks for reading!
*Disclaimer – I am not a financial professional. The information shared here should not be considered financial advice. I am just a factory worker sharing my experience as I strive to achieve financial freedom. Before investing or making any financial decision do your own research and due diligence or consider seeking the advice of a financial and/or tax professional.
Here are some of the businesses that I use that I thought some of you might be interested in.
I use the free version on trackyourdividends.com. This is a quick an easy way for me to track my estimated annual income from dividends.
Lolli has a variety of stores that it is affiliated with and offers rewards for shopping at these stores. I use Lolli when I shop on Chewy and I get bitcoin as a reward. Who doesn’t want free bitcoin! If you are interested in Lolli and want to help support the blog here is my referral link: https://www.lolli.com/share/XP7gxDgqC4
I use M1 Finance for my taxable growth account. M1 Finance offers promotions for signing up. At the time of writing this post, the promotion is for $30. These promotions vary from time to time but is usually a $10 bonus. If you are interested M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr
If you use the referral links listed above I could receive compensation. Please take the time to read the terms and conditions before signing up.