Last year, August was kind of a shit show, with all kinds of volatility and ETF pricing disconnecting from their underlying indexes, etc. etc. I was kind of hoping for a sequel in 2016, but it didn’t happen.
Maybe next month?
In the meantime, let’s take a look at August, the month that was…
Portfolio Summary
Stock Purchases
1 stock purchased. 1 position increased. Projected annual income increased by $110.00 based on current dividends.
09/05/15 – VER: 200 shares purchased @ $10.50/share. The put option that I sold on August 3 expired in the money and was exercised. For now, this is an addition to an existing position, although I plan to sell an equivalent number of shares from the taxable account at some point in the future, so it should end up more like a “transfer” eventually.
Increased projected annual income by $110.00 based on current dividend of $0.55/share annually.
Pay Days and Raises
Dividend Income Tracker is published back at the mothership.
Total investment income of $927.66, but only $73.51 of which was in taxable accounts. We’ll call it 16 “pay days” with 35 individual payments received.
I am still 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.
Using last month’s total of $768.25, which excluded capital gains from mutual fund liquidations, this month’s income represents a 20.75% increase month over month.
It also represents a 124% increase over August of 2015’s income of $413.64.
OHI came through again with yet another dividend increase. The last time OHI didn’t increase their dividend (as in from quarter to quarter…forget about in a calendar year) was in July of 2012. I’m starting to wonder if this is too good to be true?
August was a historically boring month in terms of volatility, yet I still made nearly two thirds of my investment income from trading with options.
I like to think that I haven’t taken on too much risk to do that, but who knows? Things might get wacky in September. Hopefully I’ll still have plenty of dry powder when they do.