This week was another down week in the stock market. The S&P 500 was down 1.61% this week and is down 6.43% for the year. The NASDAQ was down 4.93% this week and is down 13.40% for the year. My accounts were down this week as well. Somewhat surprisingly, the down markets do not bother me very much. I just stick to my plan and continue to add assets to increase my future income. Let’s check out the activity in the accounts for this past week.
Dividends
The following dividends were received in the Traditional IRA this week:
- Brookfield Renewable Corp. (BEPC) – $16.00
This dividend was reinvested into the underlying position.
The following dividends were received in the Roth IRA this week:
- Main Street Capital Corp. (MAIN) – $0.06
- J.P. Morgan Equity Premium Income ETF (JEPI) – $4.75
Both of these dividends were reinvested into the the underlying positions.
The total amount of dividends received this week was $20.81.
Buys/Sells
The following buys were made in the Roth IRA this week:
- Vanguard Growth Index ETF (VUG) – 0.035 shares
- Store Capital Corp. (STOR) – 0.338 shares
- Schwab U.S. Dividend Equity ETF (SCHD) – 0.063 shares
- Invesco NASDAQ Next Generation ETF (QQQJ) – 0.177 shares
- Nationwide NASDAQ 100 Risk Managed Income ETF (NUSI) – 0.211 shares
- J.P. Morgan Equity Premium Income ETF (JEPI) – 0.242 shares
- Innovative Industrial Properties Inc. (IIPR) – 0.078 shares
- Huntington Bancshares Inc. (HBAN) – 0.726 shares
- Amplify CWP Enhanced Dividend ETF (DIVO) – 0.40 shares
- American Tower Corp. (AMT) – 0.056 shares
No sells were made this week.
Options Trading
The following options trades were made in the Traditional IRA this week:
- Verizon (VZ) – bought a closing transaction on a covered call at a strike price of $55.00 expiring on April 14, 2022 for a premium of -$6.03 after fees. This trade was held for about 25 days and resulted in a profit of $46.28.
- Verizon (VZ) – sold a covered call at a strike price of $55.50 expiring on April 22, 2022 for a premium of $11.36 after fees.
- Tilray Brands Inc. (TLRY) – a cash secured put at a strike price of $7.50 expired in the money on April 8, 2022. This will result in 100 shares being assigned. This trade was held for about 7 days and resulted in a profit of $61.31.
- Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) – a cash secured put at a strike price of $35.00 expired in the money on April 8, 2022. This will result in 100 shares being assigned. This trade was held for about 7 days and resulted in a profit of $127.31.
- HanesBrands Inc. (HBI) – a cash secured put at a strike price $15.00 expired in the money on April 8, 2022. This will result in 100 shares being assigned. This trade was held for about 7 days and resulted in a profit of $37.31.
The total amount of options premium received this week was $5.33.
Account Updates
The Traditional IRA finished the week at about $123,433. This is down -$1,040 from the previous week.
The Roth IRA finished the week at about $3,049. This is up $58 from the previous week, but this includes the regular bi-weekly contribution of $100.
The 401k finished the week at about $11,606. This is down -$126 from the previous week.
The taxable brokerage account finished the week at about $375. This is down -$19 from the previous week.
The little bit of bitcoin that I own finished the week at almost $24. This is down -$2 from the previous week.
The total amount invested is now about $138,487. This is down -$1,129 from the previous week. All of the positions in my portfolio can be seen by clicking on “Portfolios” in the menu above.
Wrap Up
The total amount of dividends and options premium received this week was $26.14. This week was not nearly as busy as last week. There was not a lot of activity in the accounts this week. The income generated from the accounts was down significantly this week, but that is going to happen from time to time. Next week, I will be selling some covered calls on the stocks that have been assigned. I am looking forward to receiving more in dividends next week as well. 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.
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