The markets started off last Monday with a drop down before for rallying for the rest of the week and finishing up despite it being a short week with the markets closed on Friday. All of my accounts finished the week up which was nice to see. This week was not a very good week for generating income in the accounts. I did make some big changes to the accounts, selling out of a couple positions and reallocating the proceeds into existing positions. Let’s check out the details for week below!
The following dividend was received in the Roth IRA this week:
- Fidelity MSCI Information Technology ETF (FTEC) – $8.00
This dividend was reinvested into the underlying position.
No other dividends were received this week. The total amount of dividends received this week was $8.00.
The following buys were made in the Traditional IRA this week:
- Vanguard Total Stock Market Index ETF (VTI) – 0.416 shares
- U.S. Bancorp (USB) – 10 shares
- Prudential Financial Inc. (PRU) – 10 shares
- Lockheed Martin Corp. (LMT) – 2 shares
- Enbridge Inc. (ENB) – 25 shares
- Brookfield Renewable Corp. (BEPC) – 10 shares
The following on the sells were made in the Traditional IRA this week:
- Bristol Myers Squibb Co. (BMY) – sold out of the position
- AbbVie Inc. (ABBV) – sold out of the position
If you would like to know more about why I sold out of the above positions you can click here.
The following options trades were made in the Traditional IRA this week:
- AT&T Inc. (T) – sold a cash secured put at a strike price of $25 expiring on December 23, 2021 for a premium of $19.32 after fees. This trade expired in the money and 100 shares were assigned to me.
The total amount of options premium received this week was $19.32.
The Traditional IRA finished the week at about $123,412. This is up $2,122 over the previous week.
The Roth IRA finished the week at about $1,558. This is up $21 over the previous week.
The 401k finished the week at about $10,291. This is up $142 over the previous week.
The taxable brokerage account finished the week at about $359. This is up $5 over the previous week.
The little bit of bitcoin that I own finished the week at about $24. This is up $1 over the previous week.
The total amount invested is now about $135,644. This is up $2,291 over the previous week. All of the positions in my portfolio can be seen by clicking “Portfolios” in the menu or clicking here.
The total amount of dividends and options premium received this week was $27.32. This week was an interesting week especially for a short week. The accounts grew in value this week but did not produce much in the form of income. I made some changes that will help me sleep better at night. It’s hard to believe that there is only one more week left in the year. That 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 $50. 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.