Both the S&P 500 and Nasdaq had a green week. My accounts had a mixed week with some up, down and even. Overall, the portfolio finished slightly down this week. The big news this week is in the buys/sells section. I sold out of a couple positions and added to some existing positions. Let’s check out the details!
The following dividend was received in the Traditional IRA this week:
- Invesco Mortgage Capital Inc. (IVR) – $9.21
This dividend was reinvested into the underlying position.
The following dividend was received in the Roth IRA:
- Amplify CWP Enhanced Dividend Income ETF (DIVO) – $0.21
This dividend was reinvested into the underlying position.
The following dividend was received in the taxable brokerage account this week:
- Amplify CWP Enhanced Dividend Income ETF (DIVO) – $0.03
This dividend was deposited into the core account to be reinvested at a future date.
The total amount of dividends received this week was $9.45.
The following buys were made this week in the Traditional IRA:
- Vanguard Total Stock Market Index ETF (VTI) – 1.5 shares
- Lockheed Martin Corp. (LMT) – 3 shares
The following buys were made in the Roth IRA this week:
- Store Capital Corp. (STOR) – 1 share
The following sells were made in the Traditional IRA this week:
- International Business Machine Corp. (IBM) – 25.665 shares (completely sold out of this position)
The following sells were made in the Roth IRA this week:
- ProShares UltraPro QQQ ETF (TQQQ) – 0.047 shares (completely sold out of this position)
I continue to add to my position in VTI with the goal to make it the second largest position in my portfolio. LMT appears to be significantly undervalued right now and took the opportunity to add more to my position. STOR appears to be slightly undervalued right now so I added to my position in the Roth IRA. I sold out of my position in IBM because I feel the money from this position could be used better elsewhere in my portfolio. The proceeds from this sale were used to buy VTI, LMT and for making cash secured puts. The TQQQ position was an experimental position. I decided that this fund does not really fit into my investing strategy at this time so I sold out of the position.
The following options trades were made in the Traditional IRA this week:
- Levi Strauss & Co. (LEVI) – bought a closing transaction on a cash secured put expiring on November 19, 2021 for a premium of -$20.02 including fees.
- Petmed Express Inc. (PETS) – sold a cash secured put at a strike price of $25 expiring on November 19, 2021 for a premium of $74.32 after fees.
- Smith & Wesson Brands (SWBI) – sold a cash secured put at a strike price of $20 expiring December 17, 2021 for a premium of $102.32 after fees.
The total amount of options premium received this week was $156.62.
The Traditional IRA finished the week at about $119,057. This is down -$325 from the previous week.
The Roth IRA finished the week at about $1,139. This is up $3 over the previous week.
The 401k finished the week at about $9,563. This is up $29 over the previous week.
The taxable brokerage account finished the week at about $365. This is about even with the previous week.
The little bit of bitcoin that I have finished the week a little over $28. This is up about $2 over the previous week. This includes a small amount of bitcoin that I earned as a reward from making a purchase through lolli.com.
The total amount invested is now at about $130,152. This is down -$291 from the previous week. You can see all of the positions in my portfolio by clicking Portfolios here or in the menu above.
The total amount of dividends and options premium received this week was $166.07. I continue to reinvest this money each week to grow the accounts. This week seen some changes to the accounts. As noted above, I sold out of a couple positions and added to some existing ones. I have also decided to keep a little more cash available to sell cash secured puts in the Traditional IRA. Well, that about wraps it up for this week. Thanks 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.