Both the S&P 500 and Nasdaq were trading down mid week but were able to rally back toward the end of the week with both finishing with around a 2% gain for the week. After a slow investing week last week, this week had a little more activity. All of the accounts finished the week up over the previous week. Let’s check out the details below!
The following dividends were received in the Traditional IRA this week:
- Altria Group Inc. (MO) – $92.18
- W.P. Carey Inc. (WPC) – $54.56
- U.S. Bancorp (USB) – $9.28
- Realty Income Corp. (O) – $12.14
- DT Midstream Inc. (DTM) – $6.00
- DTE Energy Co. (DTE) – $17.08
The dividend from MO was deposited to the core account to be reinvested later. My position in MO is at full scale so I feel the dividend would be put to better use in a different position. The DTM dividend was also deposited to the core account due to the fact that I had sold out of this position after the ex-dividend date. The rest of the dividends were reinvested into the underlying positions.
The following dividends were received in the Roth IRA this week:
- Philip Morris International Inc. (PM) – $0.32
- Medical Properties Trust Inc. (MPW) – $0.84
- Store Capital Corp. (STOR) – $0.41
- STAG Industrial Inc. (STAG) – $0.12
- Main Street Capital Corp. (MAIN) -$0.17
- Innovative Industrial Property Inc. (IIPR) – $0.36
- American Tower Corp. (AMT) – $0.23
All of the dividends received in the Roth IRA this week were reinvested into the underlying position.
The total amount of dividends received this week was $193.69.
The following buys were made in the Traditional IRA this week:
- Vanguard Total Stock Market ETF (VTI) – 1.278 shares
No sells were made this week.
The following options trades were made in the Traditional IRA this week:
- Levi Strauss & Co. (LEVI) – sold a cash secured put at a strike price of $24 expiring on November 19, 2021 for a premium of $69.32 after fees.
- Enterprise Products (EPD) – bought a closing transaction on a covered call expiring on October 15, 2021 for a premium of -$79.67 including fees.
- Enterprise Products (EPD) – sold a covered call at a strike price of $25 expiring on June 17, 2022 for a premium of $91.32 after fees.
- Kroger Co. (KR) – a covered call at a strike price of $43 expired out of the money on October 15, 2021.
- AT&T (T) – a covered call at a strike price of $29 expired out of the money on October 15, 2021.
- Verizon (VZ) – a covered call at a strike price of $57.50 expired out of the money on October 15, 2021.
I wound up rolling the EPD position on Friday because it was in the money and the 100 shares would have been assigned. I am happy that I was able to make some premium on the roll and get a higher strike price, but the downside is the expiration is about 8 months out. Both T and VZ report earnings next week. I will wait to sell covered calls on these positions until after earnings are reported. Stocks seem to be very volatile around earnings and it is too hard for me to determine if a stock will go up or down so I don’t want to get caught on the wrong side of a trade.
The total amount of options premium this week was $81.32.
The Traditional IRA finished the week at about $118,817. This is up $1,750 over the previous week.
The Roth IRA finished the week at about $914. This is up $24 over the previous week.
The 401k finished the week at about $9,300. This is up $135 over the previous week.
The taxable brokerage account finished the week at about $364. This is up $10 over the previous week.
The little bit of bitcoin (BTC) that I have finished the week at about $26. This is up almost $3 over the previous week.
The total amount invested is now up to about $129,421. This is up $1,922 over the previous week. You can see all of the positions in my portfolio by clicking on Portfolios here or in the menu above.
The total amount of dividends and options premium received this week was $275.01. This was a good week for income from dividends and options premium. This money will all be reinvested to help the accounts grow so that I can achieve my goal of being financial independent. All of the accounts gained this week which is nice to see. I continue to grow as an investor as well. I had to manage some options trades this week and I feel I have done better this time around than I have done in the past. I still have a lot to learn about investing and options, but I look forward to learning more as time goes by. Well, that about wraps it up for this week. Thank for following along!
On a side note, I have added a Recommended Resources in the menu. It currently is a work in progress. It will contain blogs and YouTube channels that I enjoy as well as some sites that I use. I hope you take the time to check it out.
*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.
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 in M1 Finance and want to support the blog here is my referral link: https://m1.finance/ktIiFeOI5zDr
Varo Bank is one of the banks that I use. From time to time the bank will run promotions. Currently, you can earn up to 3% on your savings with Varo, if you meet certain requirements. If you are interested in checking it out, here is my referral link: https://bank.varomoney.com/signup?r=William360
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.
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.