Another week has gone by so it is time to take a look at my progress. Sometimes I still have trouble believing the progress I have made over the past year and half. I think I am doing pretty good for a guy who works full time in factory and is still learning about investing and the stock market. There was not a whole lot of activity in the accounts this week. Let’s check out the details below.
This week I received the following dividends in the Roth IRA:
- Credit Suisse X-Links Silver Shares Covered Call ETN (SLVO) – $0.05
This week I received the following dividends in the Traditional IRA:
- Fidelity Government Money Market (SPAXX) – $0.01
- Citigroup Inc. (C) – $5.70
The combined income from dividends this week was $5.76. The dividend from SLVO was automatically reinvested into SLVO. The other dividends will be reinvested into other positions.
The only buy this week was in the Traditional IRA:
- Kroger (KR) – purchased 7 shares.
There were no other buys or sells in the accounts this week.
The following was the options trading activity for the week:
- Verizon (VZ) – sold a covered call at a strike price of $60 expiring on June 18, 2021 for a premium of $14.31 after fees.
- United Microelectronics (UMC) – sold a covered call at a strike price of $12.50 expiring on June 18, 2021 for a premium of $4.71 after fees.
- AT&T (T) – sold a covered call at a strike price of $32 expiring on June 18, 2021 for a premium of $9.46 after fees.
- Organigram Holdings (OGI) – sold a covered call at a strike price of $4 expiring on July 16, 2021 for a premium of $4.71 after fees.
The total options premium received this week was $33.19.
The Traditional IRA finished the week at $115,301 which is up $406 over the previous week.
The 401k finished the week at $7,316 which is up $86 over the previous week.
The Roth IRA finished the week at $544 which is up $7 over the previous week.
The taxable growth account finished the week at about $237 which is up about $10 over the previous week. You can check out the positions in this account here: https://m1.finance/te1-XieeLi4C .
The total amount invested across all accounts is $123,398. Overall, this puts the accounts up $509 over the previous week.
The combined income from dividends and options premium this week was $38.95. It was another slow week for generating income in the accounts. All of the accounts were up this week which is nice to see for a change. That about wraps it up for the 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.