Another up week for the S&P 500 and NASDAQ resulted in another up week for my accounts as well. This week was a little more active in the accounts. Dividends were up. Options premium was up. I made a few buys and actually sold out of a position this week. Let’s check out the details below!
Dividends
The following dividends were received in the Traditional IRA this week:
- Fidelity Government Money Market Account (SPAXX) – $0.01
- Visa Inc. (V) – $5.62
- Kroger Co. (KR) – $17.85
- Enbridge Inc. (ENB) – $42.13
All of the above dividends were reinvested into the underlying positions.
This week I received the following dividends in the Roth IRA:
- Wells Fargo Co. (WFC) – $0.20
- Amplify CWP Enhanced Dividend Income ETF (DIVO) – $0.15
All of the above dividends were reinvested into the underlying positions.
The following dividend was received in the taxable brokerage account this week:
- Amplify CWP Enhanced Dividend Income ETF (DIVO) – $0.02
This dividend was deposited into the core account for reinvestment at a later time.
The total amount of dividends received this week totaled $65.97.
Buys/Sells
The following buys were made in the Traditional IRA this week:
- Kroger Co. (KR) – 7.7 shares
This purchase completed my goal of having more than 100 shares of KR. I will now be able to sell covered calls against this position.
The following buys were made in the Roth IRA this week:
- Invesco NASDAQ Next Gen 100 ETF (QQQJ) – 0.339 shares
- Nationwide Risk Managed Income ETF (NUSI) – 0.347 shares
- J.P. Morgan Equity Premium Income ETF (JEPI) – 0.16 shares
- Huntington Bancshares Inc. (HBAN) – 1 share
QQQJ was purchased to add to the growth element of this account. I also added to a couple of ETFs to increase the income this account produces. I have been adding to HBAN for multiple reasons. First, I believe it is undervalued. I have seen 1 year estimates between $17 and $18. Through my own analysis, I would be willing to buy this stock up to a price of $17.14. It provides a good dividend yield which is currently just under 4%. Also, HBAN bought out/merged with my bank, TCF. I like investing in companies that I use their products or services.
The following buys were made in the taxable brokerage account this week:
- Kratos Defense & Security Solutions (KTOS) – $1.90
- Materialise Nv – ADR (MTLS) – $1.30
- Schwab U.S. Dividend Equity ETF (SCHD) – $3.64
- Zillow Group Inc. (Z) – $2.68
- Amazon (AMZN) – $2.59
- Intercontinental Exchange Inc. (ICE) – $1.53
- JD.com Inc. – ADR (JD) – $1.36
- Spotify Technology (SPOT) – $1.44
- Alibaba (BABA) – $4.92
- Pinterest Inc. (PINS) -$2.74
- Baidu Inc. – ADR (BIDU) – $2.70
These buys were part of my automated $25 monthly contribution. This account is with M1 Finance. The account is set up to automatically make buys based the percentage allocation I chose when I set up the account.
The sells this week were in the Roth IRA:
- Wells Fargo Co. (WFC) – sold out of this position
I sold out of WFC due to their ongoing management issues. I believe my money is better off invested in different companies. I do feel that I have too many positions to effectively managed so I will be looking to slowly decrease the number of positions I own.
Options Trading
The following options trades were made in the Traditional IRA this week:
- XL Fleet Corp. (XL) – bought a closing transaction on a cash secured put expiring November 19, 2021 for a premium of -$132.68 after fees.
- XL Fleet Corp. (XL) – sold a cash secured put at a strike price of $7 expiring on February 18, 2022 for a premium of $186.31 after fees.
- Kroger Co. (KR) – sold a covered call at a strike price of $50 expiring on September 10, 2021 for a premium of $16.31 after fees.
The total amount of options premium received this week was $69.94.
Account Updates
The Traditional IRA finished the week at about $120,012. That is up $355 over the previous week.
The Roth IRA finished the week at about $835. That is up $11 over the previous week.
The 401k finished the week at about $8,849. That is up $76 over the previous week.
The taxable brokerage account finished the week at about $361. That is up $33 over the previous week. This includes the $25 monthly contribution to this account.
The little bit of bitcoin that I own finished the week at $21.24. This is up $0.18 over the previous week.
The total amount invested is now about $130,078. This is up $475 over the previous week. If you would like to see all of the positions in my investment accounts you can click Portfolios in the menu or follow this link: https://bluecollarbill.com/portfolios/
Wrap Up
The total amount of dividends and options premium received this week was $135.91. The growth of the accounts continues to be slow and steady. The total amount invested has now topped $130,000 and it feels like $150,000 is just right around the corner. That wraps it up for this week. Thanks for following along!
*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 $50. 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.