Live Off Dividends

Passive Income and Personal Finance

Month: July 2016 (page 1 of 3)

Dividend Portfolio 8/1/16

Another month in the books! I don’t know about you guys, but for me it felt like July dragged on forever. Probably because it was brutally hot outside and work was a killer. I’m hoping it starts to cool down a little bit in August, the weather not the market! There was lots of ups and down for stocks this month but I finished the month being up 2.12%! Another solid month for my dividend portfolio. I made $664.77 in gains this month.


This month I initiated a fairly large position ( for me ) in Microsoft. I purchased 18 shares and I’m very happy with my entry point. I have been wanting to buy into Microsoft for awhile now but it seemed that every time I was ready to buy it was back up again. I plan to continue to add to Microsoft during it’s dips.

 

I also bought 8 shares of McDonald’s this month. This wasn’t a long term growth play for me. I bought after they dropped 4.5% after their earnings report. Continue reading

Best Dividend Stocks: July 2016

This is a list of my best performing dividend stocks in July. July was a tough month for stocks. Particularly the last week of July on some mixed earnings reports. Nevertheless, I was up 3.60% this month so no complaints here!

My Top Dividend Stocks This Month

 

5.) Home Depot (HD) +8.62%

Home Depot was up another +8.62% this month bringing the YTD to 20.58%. Home Depot continues to thrive with increasing home sales.

 

4.) Emerson Electric (EMR) +9.82%

Emerson Electric was up just 1.27% before July. This was a huge month for Emerson Electric but I’m not sure that it will hold up. Due to the volatility in the gas and oil markets I’m concerned about their third quarter earnings which they are set to report before the opening bell on August 2nd.

3.) Apple (AAPL) +10.35%

It’s been a rough year for Apple. Apple was down 23.61% going into July, they are now down 13.26% for the year. I’m not too worried about Apple as of right now. I see them continuing to rise even further this year especially with the iPhone 7 coming out in September.

2.) Microsoft (MSFT) +11.75%

With the 11.75% boost this month Microsoft is now up 23.19% on the year. Microsoft’s revenue and EPS exceeded analysts’ estimates by 460 million and by $0.11 per share, respectively. Microsoft’s intelligent cloud led the growth for the quarter.

1.) General Motors (GM) +11.92%

With an 11.92% boost this month General Motors is now positive for the year at +3.13%. General Motors had a huge beat, $1.86 vs $1.52 expected and this drove the stock way up. GM has also raised it’s forecast for full year earning from $5.25 to $5.75 per share for full year 2016 to $5.50 to $6.00 per share. This is a huge quarter for GM and I believe they still have room to go higher.

All in all it wasn’t a great month for stocks but we still have a lot of earnings reports to hear. Let’s hope August is a great month!

Multiple Streams Of Income: Crucial For Success?

The average millionaire has seven streams of income, or so “they” say. No one knows who “they” are but this is a concept that is commonly talked about. I’m not sure if this magical seven number is anywhere near accurate but having multiple streams of income is obviously advantageous. Besides, who wants just one stream of income when you can have seven? But is seven too many? How do you handle seven different income streams? Let’s first talk about the different types of income.

 

Earned Income

There are two ways to get earned income. Either by working for someone who pays you or by running your own business. In other words, income that you actually work for. Earned income is extremely limited by Continue reading

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