DGI Adventure – 08-01-2016 Month in Review – July 2016

The market continues to set all-time highs. Initiating long positions in this kind of environment is just not my style. I prefer to make purchases when prices are going down.

I still managed to make some moves, and overall the wet worth trend continues upwards…which is kind of the whole point right?

JULY is over! Let’s take a look at the month that was.

Portfolio Summary

image

Stock Purchases

4 stocks purchased. 2 new positions, 2 position increased. Projected annual income increased by $272.40 based on current dividends.

07/11/16 – DSU: 350 shares purchased @ $3.608/share. New position initiated. Increased projected annual income by $84.00 based on current dividend of $0.24/share annual dividend.

07/12/16 – BLW: 100 shares purchased @ $15.49/share. Added to existing position of 100 shares. Increased projected annual income by $104.40 based on current dividend of $1.044/share annual dividend.

07/18/16 – MIN: 200 shares purchased @ $4.585/share. Added to existing position of 400 shares. Increased projected annual income by $84.00 based on current dividend of $0.42/share annual dividend.

07/26/16 – NAC: 206.5194 shares purchased @ $16.875/share. New position initiated. Yield is not counted as projected income because dividends will be reinvested automatically. (I’ll write about this more later in the week…I promise)

Pay Days and Raises

Dividend Income Tracker is published back at the mothership.

Total investment income of $1,913.60, but only $110.68 of which was in taxable accounts. We’ll call it 16 “pay days” with 31 individual payments received.

I am aggregating all Lending Club income into a single monthly payment. We actually receive payments nearly every day of the month. I’m not breaking it down into that much detail. Sorry.

I sold the last of the mutual funds left over from my previous financial advisor. Those sales generated capital gains of $1,145.35, so it continues to be challenging to accurately compare month over month income figures. That really should be the end of any kind of asterisks. Going forward, any capital gains should more or less be considered part of my “strategy”.

Excluding capital gains I only made $768.25 in dividend and option writing income. Which represents a decrease of $419.10 or a -35% drop month over month.

It does, however, represent a 100.16% increase over July 2015.

None of the payouts represent dividend increases.

The volatility that ensued in the wake of the Brexit vote created some really great put writing opportunities in June. Although earnings season kicked into gear, there just wasn’t as much volatility, so it’s not too surprising that July was comparatively light.

I have a feeling that things are about to get very interesting. Here’s hoping August is as much fun this year as it was last year.

Leave a Reply