January 2016 Dividends

457K Account: $0
Robinhood Account: $34.74

ENZN (Enzon Pharmaceuticals Inc.) – $9.00
AGNC (American Capital Agency Corp) – $2.8
O (Realty Income Corp) – $2.29
LOAN (Manhattan Bridge Capital Inc.) – $5.10
EPR (EPR Properties) – $.61.
ORC (Orchid Island Capital INC) – $7.70
WMC (Western Asset Mortage Capital Corp) – $5.80
CIM (Chimera Investment Corp) – $1.44

Sharebuilder Account: $33.59
SNV (Synovus Financial Corp) – $.73
LUV (Southwest Airlines) – $.23
DIS (Disney Inc.) – $2.84
ARP (Atlas Resource Partners LP) – $2.79
SPLS (Staples) – $1.63
CIM (Chimera Investment Corp) – $7.70
CMCSA (Comcast Corp) – $.50
CSAL (Communications Sales & Leasing Inc.) – $5.64 (1.88×3)
GE (General Electric Co) – $1.68
WIN (Windstream Holdings) – $1.97
O (Realty Income Corp) – $1.38
ORC (Orchid Island Capital INC) – $6.49
Interest – $.01

Total From All Sources: $68.33

Added shares of the following companies:
ORC (Orchid Capital Inc.)
LOAN (Manhattan Bridge Capital Inc.)

The sky is falling! The sky is falling! Saudia Arabia has gone mad!! Oil prices may never come back again… yeah right I say. All I smell is blood in the water and unfortunately someone’s lose can be my gain. I don’t know if the market is going lower, but I am staying the course. I still have several years to invest into this market.

My main concern is raising up my dividends and in that I think I am doing a great job. I am 262% over this month last year. I wish I got that kind of a raise at work!. Granted my $68 dollars isn’t going to pay many bills but every month that adds up.

As you can see I am adding a little bit more into the realty market. I think on the short term basis I am playing with fire. I do think we are heading toward a bubble, but long term I should be OK.

I am a little bit low on capital these days due to my wife needing a tooth implant so I will not be able to buy as many stocks as I would like, but if a good deal comes up I will be ready with a little bit of cash in reserves.

December 2015 Year End Report

457K Account: $2,040.41
Robinhood Account: $23.04
WTR -$0.71
WFC (Wells Fargo & Co.) -$0.75
DF (Dean Farms) – $1.05
AGNC (American Capital Agency Corp) – $2.40
O (Realty Income Corp) – $2.29
KO (Coca Cola) – $0.66
HSY (Hershey Co) – $0.58
ENZN (Enzon Pharmaceuticals Inc.) – $9.00
ORC (Orchid Island Capital INC) – $5.60

Sharebuilder Account: $29.65
ARP (Atlas Resource Partners LP) – $2.74
O (Realty Income Corp) – $1.37
ORC (Orchid Island Capital INC) – $6.40
UL (Unilever PLC) – $2.45
FUN (Cedar Fair) – $10.23
WM (Waste Management Inc) – $1.18
FTR (Frontier Communications Corp) – $5.28

Total From All Sources: $2,093.10

Added shares of the following companies:
EPR (EPR Properties)
TWTR (Twitter Inc.)
LOAN (Manhattan Bridge Capital Inc.)
YUM (YUM Brands)
AGNC (American Capital Agency Corp)
ORC (Orchid Island Capital Inc.)
DNR (Denbury Resources)

OK, so the year of dividend accumulation is in and December paid off big time!! If I could get $2,093.10 on a monthly basis right now I would quit my full-time job and go live in some third world country like a king. Unfortunately, that is not going to happen, but it is fun to think “What if?”

The other funny thing is that if you have been following this blog for any amount of time you will notice that December accounts for over two-thirds of the total yearly dividends. Speaking of year dividends, the total for the year is $2,918.12 in dividend income. That translates into $243 of monthly income. Breaking it down even further, it comes down to about $8.10 a day. So I thought it would be interesting to look at different income levels and see where I could live now on that money, this is what I found (the number represents the average monthly income for that country):
1) Bosnia and Herzegovina — $7.96
2) China $7.74
3) Jordan — $7.74
4) Maldives — $7.31
5) Turkmenistan — $7.10
6) Albania — $7.10
7) Fiji — $7.10
8) El Salvador — $6.67
9) Armenia — $6.45
10) Morocco — $6.24
11) Guatemala — $6.02
12) Marshall Islands — $5.59
13) Samoa — $5.59
14) Ukraine — $5.59
15) Vanuatu — $5.59
16) Syria — $5.38
17) Iraq — $5.38
18) Egypt — $5.16
19) Georgia — $5.16
20) Bhutan — $4.73
21) Congo — $4.73
22) Micronesia $4.73
23) Swaziland — $4.73
24) Indonesia — $4.73
25) Tonga — $4.73
26) Paraguay — $4.30
27) Sri Lanka — $4.30
28) Honduras — $4.09
29) Bolivia — $3.87
30) Kosovo — $3.87
31) West Bank and Gaza — $3.66
32) Guyana — $3.44
33) Philippines — $3.44
34) Djibouti — $3.23
35) Tuvalu — $3.23
36) Mongolia — $3.01
37) Papua New Guinea — $3.01
38) Sudan — $2.80
39) Cameroon — $2.58
40) Korea North $2.58
41) Moldova — $2.58
42) Yemen — $2.58
43) Côte d’Ivoire — $2.37
44) Nicaragua — $2.37
45) Nigeria — $2.37
46) Solomon Islands — $2.37
47) Uzbekistan — $2.37
48) Kiribati — $2.15
49) Mauritania — $2.15
50) Pakistan — $2.15
51) Vietnam — $2.15
52) Zambia — $2.15
53) India — $1.94
54) Kyrgyzstan — $1.94
55) São Tomé and Príncipe — $1.94
56) Senegal — $1.94
57) Cambodia — $1.72
58) Haiti — $1.72
59) Kenya — $1.72
60) Laos — $1.72
61) Lesotho — $1.72
62) Benin — $1.51
63) Chad — $1.51
64) Comoros — $1.51
65) Mali — $1.51
66) Bangladesh — $1.29
67) Burma — $1.29
68) Ghana — $1.29
69) Tajikistan — $1.29
70) Afghanistan — $1.08
71) Burkina Faso — $1.08
72) Rwanda — $1.08
73) Tanzania — $1.08
74) Timor-Leste — $1.08
75) Togo — $1.08
76) Uganda — $1.08
77) Mozambique — $1.08
78) Central African Republic — $0.86
79) Ethiopia — $0.86
80) Gambia The $0.86
81) Guinea — $0.86
82) Madagascar — $0.86
83) Nepal — $0.86
84) Sierra Leone — $0.86
85)Niger — $0.86
86) Eritrea — $0.65
87) Guinea-Bissau — $0.65
88) Liberia — $0.65
89) Malawi — $0.65
90) Somalia — $0.65
91) Congo Democratic Republic of $0.43
92) Burundi — $0.43

This list is courtesy:

I told my wife about this list and she just laughed, but it is good to know we have options. It is also crazy to think that over half of all the world is living on less than $243 a month. I am truly blessed to live in a country where I have not only the opportunity to make an honest living, but to grow that wealth. All in my own way and in my own time.

November 2015 Dividends

457K Account: $0
Robinhood Account: $16.92
ARTNA (Artesian Resources Corp) – $0.66
HCP (HCP Inc.) – $1.13
AGNC (American Capital Agency Corp) – $2.4
O (Realty Income Corp) – $2.29
PER (Sand Ridge Permian Trust) – $3.00
ORC (Orchid Island Capital INC) – $5.60
YUM (Yum Brands) – $1.84

Sharebuilder Account: $41.60
ARP (Atlas Resource Partners LP) – $12.98
CNSL (Consolidated Communications) – $12.41
HAS (Hasbro Inc.) – $3.26
KMI (Kinder Morgan Inc.) – $1.57
NMM – (Navios Maritime Partners) – $3.70
O (Realty Income Corp) – $1.37
ORC (Orchid Island Capital INC) – $6.31

Total From All Sources: $58.52

Added shares of the following companies:
ARP (Atlas Resource Partners LP)
LUV (Southwest Airlines)
HCP (HCP Inc.)
LOAN (Manhattan Bridge Capital Inc.)
ARTNA (Artesian Resources Corp.)
DF (Dean Foods Inc.)
AMD (Advanced Micro Devices Inc.)

Unfortunately for me OPEC is still battling for control of the market and thus crude oil prices continue to go lower. I have heard that in the mid-west gas prices are as low as $1.70 a gallon. Here in California prices remain at a $2.70 average. To make matters worse ARP recently announced a dividend cut. That was not fun.

For the good news I got $2.50 more in dividends than I did last month. Last November I earned $11.58 in dividends. That is a 405% increase in dividends! Not too shabby.

Unless something tragic happens I should definitely get over my goal of $500 in dividends for the year. The wildcard for me is my 457K account. If the dividends there are good enough I might even go over $600. Either way it is going to be a record for me.

October 2015 Dividends

457K Account: $0
Robinhood Account: $19.35
CIM (Chimera Investment Corp) – $1.44
KO (Coca Cola) – $.66
LOAN (Manhattan Bridge Capital Inc.) – $2.16
AGNC (American Capital Agency Corp) – $1.2
O (Realty Income Corp) – $2.29
WMC (Western Asset Mortgage Corp) – $6.00
ORC (Orchid Island Capital INC) – $5.60

Sharebuilder Account: $36.74
ARP (Atlas Resource Partners LP) – $8.02
CIM (Chimera Investment Corp) – $7.45
CMCSA (Comcast Corp) – $.50
CSAL (Communications Sales & Lease Inc.) – $1.82
FPI (Farmland Partners Inc.) – $5.56
GE – (General Electric) – $1.67
O (Realty Income Corp) – $1.36
ORC (Orchid Island Capital INC) – $6.22
SNV (Synovus Financial Corp) – $.61
SPLS (Staples Inc.) – $1.61
WIN (Windstream Holdings Inc.) – $1.92

Total From All Sources: $56.09

Added shares of the following companies:
ARP (Atlas Resource Partners LP)
FUN (Cedar Fair)
ENZN (Enzon Pharmaceuticals Inc)
AMD (Advanced Micro Device Inc)
LOAN (Manhattan Bridge Capital Inc.)
AGNC (American Capital Agency Corp)
WTR (Aqua America Inc.)
DNR (Denbury Resources)

As the news likes to say “there is a lot of volatility in the market.” As you can I am still adding to my current position with no sales. My short term adding strategy seems to be off but the great thing about stocks is you don’t need to be that accurate. Unless of course you are a day trader, but I am long so I am good. On the long term view I am a bit of a contrarian right now. Oil is really low right now with an over supply coming from the Middle East, but that can’t last forever. My analysis says we will see more short term pain in share price, but that I believe will create an opportunity for future dividend growth.

Benjamin Franklin: America’s First Early Retiree

BenjaminFranklin When people think of early retirement I think there are many misconceptions. The first being that when you are retired you are not allowed to do anything productive and the second is that the concept of early retirement is a new concept. In attempt to debunk both of these myths I would like to put forth the case of one of the United States of America’s founding fathers, Benjamin Franklin.

While it is true that Benjamin Franklin was born to the world of milk and honey, it didn’t help him as much as you think it would. The street he was born on was called Milk Street and his parents were candle makers. So, basically the Franklins were never much for money. That isn’t to say the Franklins were poor, but they were very solidly middle class.

The way to a job back then was an apprenticeship and so at age 12 he took an apprenticeship with his older brother as a typesetter for the The New-England Courant. He was a good apprentice typesetter but what Benjamin Franklin really wanted to be was a writer. Unfortunately his brother James wasn’t having it so Benjamin Franklin started writing a new article for the paper under the name of Mrs. Silence Dogood. The Dogood letters were an instant hit and everyone started to wonder who this wonderful middle-aged widow was and how was she so up to date on the going on of Boston, Massachusetts, but yet no one had ever seen Mrs. Silence Dogood at any local parties. It took awhile but eventually James found out that Benjamin had him fooled. Despite the popularity of the letters James was enfuriated with Benjamin Franklin and Benjamin Franklin was forced to flee to Philadelphia, Pennslyvania.

In Philadelphia Benjamin Franklin was bound and determined to make his own way. After a few setbacks with the governor sending him to England he eventually started his own paper called the Pennsylvania Gazette. Business was good and business grew. He eventually started papers in all of the colonies and soon over 80% of all communications was handled by Ben Franklin, and people thought William Randolph Hearst was a media mogul! By 1748 there was enough revenue coming in that Benjamin Franklin at the age of 42 could retire.

So did Dr. Franklin take his bifocals and just pass the time in a rocking chair? No of course not! Free from the constraints of a daily job Dr. Franklin progressed in many areas. He was the leader of the local Masons, an emissary, a volunteer fire marshal, a scientist, oh and there was that whole creating a new country called the United States of America. Benjamin Franklin is the only person to have signed the Declaration of Independence (1776), the Treaty of Alliance with France (1778), the Treaty of Paris establishing peace with Great Britain (1783) and the U.S. Constitution (1787). Doing all this took time, time that if he was weighed down by a job I doubt he would have been able to do.

A penny saved is a penny earned – Dr. Benjamin Franklin

What do we learn from Benjamin Franklin? He worked hard and he knew that the number one key to building wealth was saving. Benjamin Franklin did many things but he always kept an eye on his saving. He often said that he wasn’t afraid of being poor but said that being ashamed of being poor was a shame. He constantly learned and as he did bought his freedom and eventually some for every one who is now US citizen. It was no wonder he also invented paper money and the most popular US bill bears his image.

September 2015 Dividends

I just happen to be on vacation right now on my way to Mexico so I have to admit that I am not very motivated to write about my investments, but I will say this, even though I am on vacation my money never rests. The nice thing about being on the other side of the interest game is my money is always out there 24/7 looking for ways to increase itself. Dollar by dollar, cent by cent, it is slowly increasing.

457K Account: $138.56
Robinhood Account: $12.80
(Aqua America Inc.) – $.36
WFC (Wells Fargo & Co.) – $.75
DF (Dean Foods Co.) – $.84
AGNC (American Capital Agency Corp) – $1.2
HSY – (Hershey Co.) – $.58
O (Realty Income Corp) – $2.28
DNY – (Denbury Resources Inc.) – $1.19
ORC (Orchid Island Capital INC) – $5.60

Sharebuilder Account: $31.58
ARP (Atlas Resource Partners LP) – $7.76
FTR (Frontier Communications Corp.) – $5.16
FUN (Cedar Fair LP) – $7.70
O (Realty Income Corp) – $1.35
ORC (Orchid Island Capital INC) – $6.12
WM (Waste Management) – $1.17
UL (Unilever PLC) – $2.32

Total From All Sources: $182.94

August 2015 Dividends

457K Account: $0
Robinhood Account: $33.15
AGNC (American Capital Agency Corp) – $1.2
YUM (YUM Brands Inc.) – $1.64
O (Realty Income Corp) – $2.28
ENZN (ENZON Pharmaceuticals Inc.) – $16
ARTNA (Artesian Resources Corp) – $.22
HCP (HCP Inc.) – $1.13
PER (Sandridge Permian Trust) – $5.08
ORC (Orchid Island Capital INC) – $5.60

Sharebuilder Account: $37.01
ARP (Atlas Resource Partners LP) – $5.35
CNSL (Consolidated Cable Inc.) – $12.17
HAS (Hasbro Inc.) – $3.24
KMI (Kinder Morgan Inc.) – $1.49
NMM (Navios Maritime Partners ) – $7.37
O (Realty Income Corp) – $1.35
ORC (Orchid Island Capital INC) – $6.03
Account Interest – $.01

Total From All Sources: $70.16

June Buy/Sell Orders:
Added ARP (Atlas Resource Partners LP)
Added DIS (Disney Inc.)
Added KO (Coca Cola Company)
Added DNR (Denbury Resources Inc.)
Added HSY (Hershey Corp.)
Added ORC (Orchid Island Capital Inc.)
Added DF (Dean Foods Company)

That’s right, I am buying hand over fist! Lower prices, bring it on! Didn’t the flash crash hurt you? Yeah, a little, but interestingly it only hurt my 457K account, the one that is supposedly “professionally managed”. The Sharebuilder and Robinhood accounts, the ones that I manage, those actually earned money. Unfortunately the majority of the money I have is in the 457K account so it did hurt my net worth a little bit. Not a big deal though. I consider myself in accumulation mode so when I see those big dips I am buying. No selling right now.

Well, besides the crazy market volatility did you see my dividend returns?! $70.16 is definitely a record for my taxable accounts. I am pushing ever closer to that first $100 per month landmark. I don’t think it will be this year, but it is close.

July 2015 Dividends

Dividend wise July continued to be a good month as my monthly dividends (as seen in my taxable accounts) increased. Value wise it wasn’t so great a month. I have a good section of my stock in the energy field and with crude oil prices tanking I am seeing that sector of my portfolio taking a hit. I am trying to average down on my energy stocks. I just don’t see how crude oil in the 40s is sustainable. Plus, oil stocks have great dividend percentages, so if I can hold on and the price does go up it will make for a good profit.

457K Account: $0
Robinhood Account: $15.81
KO (Coca Cola) – $.33
AGNC (American Capital Agency Corp) – $1.2
LOAN (Manhattan Bridge Capital INC) – $2.16
O (Realty Income Corp) – $2.28
WMC (Western Asset Mortgage Capital) – $4.48
CIM (Chimera Investment Corp) – $1.44
ORC (Orchid Island Capital INC) – $3.92

Sharebuilder Account: $29.64
SNV (Synovus Financial Corp) – $.60
WIN (Windstream Holdings INC) – $1.39
FPI (Farmland Partners INC) – $5.50
O (Realty Income Corp) – $1.34
ARP (Atlas Resource Partners LP) – $5.25
CSAL (Communications Sales & Leases INC) – $1.31
SPLS (Staples INC) – $1.60
CMCSA (Comcast Corp) – $.50
GE (General Electric CO) – $1.65
DIS (The Walt Disney CO) – $.66
CIM (Chimera Investment Corp) – $7.20
ORC (Orchid Island Capital INC) – $5.93
Account Interest – $.01

Total From All Sources: $45.45

June Buy/Sell Orders:
Added ENZN (Enzon Pharmaceuticals Inc.)
Added (Manhattan Bridge Capital Inc.)
Added (Orchid Island Capital Inc.)
Added (Wells Fargo & CO)
Added KO (Coca Cola Company)
Added DNR (Denbury Resources INC)
Added HSY (Hershey Company)
Added ORC (Orchid Island Capital INC)
Added HAS (Hasbro INC)

My big sell for the month was NVIDIA. It has gone up a bit, but my average was 23 PPS and I just didn’t see it happening any time soon so I sold. Good news in the technology sector AMD is on a tear thanks to the sell off rumors and very high short averages (that are not sustainable).

June 2015 Dividends

June was a good month. Most of the dividends received for June were in my 457K account. Only thing about that account is it is all mutual funds and I don’t have much say so in what gets sold or bought. My taxable accounts were kind of low dividend wise but it is still good money no matter how you look at it.

457K Account: $123.91
Robinhood Account: $8.47
AGNC (American Capital Reality Corp.) – $1.20
DNR (Denbury Resources Inc.) – $0.31
NVDA (NVIDIA Corp) – $0.20
O (Realty Income Corp) – $ 2.27
ORC (Orchid Capital Inc) – $3.78
WFC (Wells Fargo) – $0.38
WTR (Aqua America Inc.) – $0.33

Sharebuilder Account: $26.59
ARP (Atlas Resource Partners LP) – $5.17
FTR (Frontier Communications Inc.) – $2.49
FUN (Cedar Park LP) – $7.60
O (Realty Income Corp) – $ 0.95
ORC (Orchid Capital Inc) – $6.98
UL (Unilever PLC) – $2.23
WM (Waste Management Inc.) – $1.16
Account Interest – $.01

Total From All Sources: $158.97

According to the BYU-Kennedy Center this is exactly how much the average Crimean pensioner gets per month. I don’t know much about the country of Crimea other than it is now owned by Russia, but it is nice to know I could at least afford a life somewhere. Then again all money transfers into Crimea are currently halted so who knows if I would be able to get my money if I moved there!

June Buy/Sell Orders:
Added HAS (Hasbro Inc.)
Added FTR (Frontier Communications Inc.)
Added YUM (YUM Brands Inc.)
Added DNR (Denbury Resources Inc.)
Added ENZN (Enzon Pharmaceuticals Inc.)

Overall the energy sector is kind of low due to all the excess oil currently in the market, but I think that is going to get bought up and while it has been easy for the Arabian coast to turn up the production numbers on oil, they can only refine so much at a time. Enzon just declared a special dividend of $.50 a share which is great because my average is now down to $1.24 per share. I added to Frontier Communications because I think with the new acquisitions announced we will see news of new customers in future press releases, at least that is what I am hoping.

We Need A Jubilee Year

Just did some interesting research and found out the world collectively owes about 108 trillion (US) dollars. That translates to about 10,700 dollars of debt for every man, woman, and child on the planet. 

Of course debt is really owed by country and if you go that way the United States has the highest national debt at 18 trillion. That means every citizen of the United States owes about 58,000 dollars. Could be worse Luxembourg only owes 4 trillion dollars but their population is so low they owe about 3.5 million each (not buying bonds in that country any time soon). 

Want to get away from all this debt? There is one independent country in the world that has no debt, Zimbabwe. Then again they just recently went bankrupt and have no national currency.

Which brings me to the title of my post. There is an old tradition called a Jubilee Year. Basically every 49 years everything gets wiped out to zero. The ancient pre-Columbian civilization kind of had this same tradition as their calendar was based on a 52 year cycle. We need a do over. 

Try as much as you can (Norway is leading a valient effort eliminating 46% of their debt in just 10 years), no country has done it since the beginning of World War I. That was 101 years ago, that is almost two cycles on Mayan calendar! 

It is time we let bygones be bygones. It’s going to be tough. No one is going to give you a 30 year mortgage when the world is on year 41 of a Jubilee Calendar. Then again the current path we are on is not good. People eventually are not going to have money and when that happens they revolt. Revolts lead to wars, which lead to death and destruction. That just leads us to more poverty.

I choose Jubilee Year. We know the end game is coming. Why don’t we mitigate the inevitable, write down some losses peacefully, and end out with a clean slate? It will not be easy, but anything is better than war.