The S&P 500 and NASDAQ started down last Monday but rallied during the middle of week. Both dropped hard on Friday morning but rallied before the end of the trading day with the end result of both being down slightly for the week. My accounts were down for the week but the total amount invested increased due to contributions. To start the year I got a small raise at work. Before this raise even hit my bank account, I raised my contributions to my 401k to match the raise so I can avoid lifestyle creep. Let’s check out the details for my week!
The following dividends were received in the Traditional IRA this week:
- Altria Group Inc. (MO) – $92.18
- W.P. Carey Inc. (WPC) – $55.47
- Realty Income Corp. (O) – $12.73
All of the dividends received in the Traditional IRA this week were reinvested back into the underlying positions.
The following dividends were received in the Roth IRA this week:
- Philip Morris International Inc. (PM) – $0.53
- Medical Properties Trust Inc. (MPW) – $1.26
- Innovative Industrial Properties Inc. (IIPR) – $0.48
- Digital Realty Trust Inc. (DLR) – $0.21
- American Tower Corp. (AMT) – $0.40
All of the dividends received in the Roth IRA this week were reinvested back into the underlying positions.
The total amount of dividends received this week was $163.26.
The following buys were made in the Roth IRA this week:
- Innovative Industrial Properties Inc. (IIPR) – 0.189 shares
- Vanguard Growth ETF (VUG) – 0.066 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.122 shares
- Invesco NASDAQ Next Generation ETF (QQQJ) – 0.323 shares
- Nationwide NASDAQ 100 Risk Managed Income ETF (NUSI) – 0.749 shares
- J.P. Morgan Equity Premium Income ETF (JEPI) – 0.644 shares
- Amplify CWP Enhanced Dividend ETF (DIVO) – 0.797 shares
- American Tower Corp. (AMT) – 0.079 shares
The following buys were made in the 401k this week:
- Vanguard Total International Stock Market Index Fund – 1.8466 shares
- Vanguard Total Bond Market Index Fund – 2.2195 shares
- Vanguard Total Stock Market Index Fund – 7.4271 shares
- DFA Commodity Strategy Portfolio – 1.467 shares
No sells were made this week.
The following options trades were made in the Traditional IRA this week:
- Invesco Mortgage (IVR) – bought a closing transaction on a covered call at a strike price of $7 expiring January 20, 2023 for a premium of -$13.02 after fees. This trade was held for about 264 days and resulted in a profit of $16.29.
- Invesco Mortgage (IVR) – sold a covered call at a strike price of $3.50 expiring on January 20, 2023 for a premium of $32.32 after fees.
- Hyliion Holdings (HYLN) – bought a closing transaction on a covered call at a strike price of $7.50 expiring on January 21, 2022 for a premium of -$2.02 after fees. This trade was held for about 40 days and resulted in a profit of $27.30.
- Hyliion Holdings (HYLN) – sold a covered call at a strike price of $7 expiring on April 14, 2022 for a premium of $43.32 after fees.
The total amount of options premium received this week was $60.60.
The Traditional IRA finished the week at about $124,669. This is down -$108 from the previous week.
The Roth IRA finished the week at about $2,137. This is down -$13 from the previous week.
The 401k finished the week at about $10,634. This is up $238 over the previous week. When the bi-weekly contribution is factored in it is down for the week. The bi-weekly contribution increased from about $177 to about $264.
The taxable brokerage account finished the week at about $351. This is down -$7 from the previous week.
The little bit of bitcoin that I own finished the week at $21. This is even with the previous week.
The total amount invested is now about $137,812. This is up $110 over the previous week. All of the positions in my portfolio can be seen by clicking on “Portfolios” in the menu or clicking here.
The total amount of dividends and options premium received this week was $223.86. I have a feeling this could be a volatile year in the stock market. A lot of factors are working against the market such as inflation, interest rate increases, the Fed reducing its balance sheet, supply chain issues and labor shortages. Whether the market is up or down I am going to stick to my plan and continue investing. In fact, I am finding ways to invest more such as putting my raise from work into my 401k. 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
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.