069 - How Much Monthly Income Can You Make With A Conservative Dividend Portfolio

We just covered our dividend payouts for our more aggressive portfolio, but if you want more security, you should go the conservative route. 

So how much can you expect to earn if you want more safety? More than most think is possible. We'll show you today what that looks like. 

If neither approach fits, you can implement a hybrid of the two. 

The beauty of an income-driven investing strategy is that it lets you see the results on a monthly basis and just how much compounding increases your payouts over time.

Here is the spreadsheet for the conservative portfolio so you can see the numbers.   

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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.

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Transcript

Welcome to Roaming Returns, a podcast about generating a passive income through investing so that you don't have to wait to retirement to live your passions. The last two episodes covered our dividend payouts for our more aggressive portfolio. But this week, we're going to show you how much you can make with a more conservative approach.
It's up to you which method you want to implement, or maybe you'd like to do a hybrid of the two. The beauty of an income-driven investing strategy is that it lets you see the results on a monthly basis and just how much compounding increases your payouts over time. OK, we'll be back, homies, peeps and peepettes, homies and homettes.
If you recall, last week, we did a video with the main, the important portfolio, which was the van life one. We're going to do the retirement one, but we're not going to do a video because it's not as important as the van life one. This is like a more conservative approach to people who are closer to retirement age or who actually, in fact, have retired, or they're literally living on the road paycheck to paycheck and they need like a consistent monthly income.
And they want to keep their portfolio value more consistent. Yeah. Versus us who we just are like 92,000, 101,000, 94,000, 100,000.
Now, before we start, we should make note that last week, the Fed cut their interest rate 0.5%. So there's going to be a hella volatility in the next couple of months. That was crazy. Because people don't exactly know how to digest that.
I cannot get over that they're actually calling for two more cuts before the end of the year. They're freaking irresponsible. Well, there's people like there's two conflicting.
There's people who think everything's great. The economy is great. So the interest cuts are due and it'll make everything wonderful for all the business.
And then there's the other people that think, OK, well, the economy might not be as good as we're being told it is because they cut it 0.5 instead of 0.25. They know something we don't know. So the volatility is going to be those two cams butting heads against each other. The economy is good or the economy is shit.
And what we talked about a few episodes back where we said about interest rates getting cut. Typically, when we're not in a bad situation, when that happens, we kind of go into a recession. Just keep all that in mind.
This week, we have the GDP coming out. The GDP will be a huge factor because that'll actually identify where the economy was in the second quarter. OK, so anyway, without that, let's get back to what's up.
What you all came here for, like, what are we making divvy wise? Yeah, they're called divvies now. Divvies. I call them divvies.
All right, that makes sense. I only think a couple other people call them divvies, but I've never looked. None of them are as cool as we are.
Oh, my God. OK, the retirement account, we do have a couple. I'll indicate like the riskier ones in case you want to steer clear of those.
But we have a JEPQ, which like the first few of these should be familiar because they're in the last JEPQ, which is the NASDAQ covered call one. It's I really like it. I mean, if you want to you want to hear my take on it, I discuss JEPQ versus JEPI.
And I just read about another one this week called QQQI. JEPQ is the best at all those. We collected 118.94 in August dividends in the retirement portfolio, which equated to 2.28 additional shares for the quarter.
The last three months we collected 297.78, which was about six shares. And year to date, we've collected 806.55 for 15 shares. And I just reinvest these like the first few of these.
I just reinvest. But JEPQ, I just keep reinvesting. There may become a point, say, like if the economy keeps going up and up and up and the market just reflects that, there might become a point when I'll actually turn the drip off on JEPQ.
But for now, I don't know. We're just reinvesting. Drip a drip.
JEPQ is a really good one. We're up just oodles in that one, in both portfolios, like just oodles. Her mom's actually held this like a year longer than we have.
We held this for a little bit in the van life one. Then I tried some other things. So I sold it.
And then I got back into it. Her mom's held it consistently. So she's accumulated a shit ton more shares than we have.
One that her mom has that we don't have is XYLD, which is a covered call approach to the S&P 500. We actually never invested in that one because when I went to invest in it, it was like $70 a share. And I was like, that's way too much for that.
It's currently at 41. So it's went down a lot. So you'd think, well, she bought it at 70 and it went down 41.
She's actually up in it. And I'll explain why here in a second. We collected 107.73 in August for 2.6 shares.
264.65 the past quarter and 751.88 for the year to date with 18 shares for the year and six for the quarter. This one here, because the drip's on, it just keeps reinvesting. So her cost basis prices just went down and down and down and down throughout.
She's had this for, I want to say, three years. I think this might have been the second thing I bought for her. Nice.
Back in 2019 when I first did this. So take note of that, what he said. She bought that around the $70 price range and it's at $41 right now and she's up.
She's up like 12% in this. That is the beauty of the dividend approach where you literally can like whiff on the price, get in. As long as you sit in long enough, you make your freaking money back.
It's not like gross stocks. This is a really good one. I mean, they seem to know what they're doing over there.
Like there's a small cap one, which is RYLD, which we are, we have in the van life and she doesn't have that. And then I do believe there's a NASDAQ one. That's the same from the same company.
I forget. It's QYLD, I believe it yields like 27%, but we actually held that one. And I actually like how JEPQ performs and the dividend responsibility.
Like they're not crazy. They don't like, they'll like, it's a variable one, obviously. So it changes from month to month.
But like they don't keep paying out ridiculous dividends. If they can't afford it, they'll actually curtail the dividends. And so it's like some makes it more sustainable.
Yeah. So some months you'll get like a 50 cent dividend. And then there's like a month here or there, whenever they're, I guess, running out of money or whatever, where you'll get like a 25 cent dividend.
I'm okay with that because it's pretty reliable. But like, again, if you are stuck on a fixed income type of situation, you have to keep in mind with both of these JAPQ and XYLD, they are variable. They will just take the low end for the year.
They only differ by like generally, they only differ by like a penny to two pennies per month. So you have a ballpark figure what you're going to be getting. But every now and then JEPQ will throw out like a 12 cent less dividend.
So just keep that in mind. She's also an ABR because ABR is like the best REIT. I have nothing else to say about it because I've been beating the table forever on it.
She got 147.20 in August from ABR, which came out to almost 11 shares, 10.73 shares. And for the year so far, she has 402.50, which is 30 additional shares of ABR. So she's just accumulating ABR shares left and right as well because it's undervalued.
I think the fair market value, I was trying to look this up. If you do the book value and you do what the other experts do, I believe where they determine the fair market value of ABR is between the 17 to 17.75 range. So it's vastly undervalued right now at 13.52. It might be 14.
When I filled this chart, we didn't have the bump from the rate cut thing. So it might be $14, but it's still $3 undervalued. Give or take.
Another one that's pretty undervalued that I don't think I touched on last week too much was our Hercules Capital HTGC. She's in that as well. She got 232.67 in August.
And because for her account, I have the drip off on Hercules Capital. So no new shares for that one. So she's just getting because she has so many shares of it.
So she's just getting cash. So she got 232.67 in August and she's collected 698.01 so far in 2024. Now I might turn the drip back on at some point, but I don't know.
Like I said, she has a shit ton of shares, but it's undervalued. It should be about, I believe from what I'm reading, the 20 to 21 range. So it ended trading at the 18.50 to 19 range.
So it's pretty undervalued. Well, that's 10% undervalued. Icon.
Did we discuss what happened with Icon last week? Yep. Okay. So Icon.
We don't need to beat that dead horse again. She's in that. She hasn't collected nothing.
We actually are getting a dividend the 25th. I think it's this week for that one. That'll be nice.
For the quarter, she's at 232.67. And for the, I'm sorry, for the year, she's, wait, 420. Click there. Oh, there we go.
425.08 for the quarter. Tech challenge, Gen Xers. Which was almost 27 additional shares.
She has $827, which is almost 50 shares for the year. And I was just looking at it. She's going to get like 50 shares of Icon this week.
So she's like. Oh my God. So like this year, on a down year, she's going to be making 130 shares.
So if this thing ever turns around, she's going to be loaded. I think it's at least going to bump up. She's going to, she's in a better situation than we are because she, we kind of snipped out some of that downturn.
Yeah, I did. I got, I bought ours at 70 and I got hers at like 50 or 40. I forget what exactly her buy-in price was.
It was vastly lower than ours. So she doesn't have a lot of the losses. She'll be sitting pretty.
And nothing else to say about that other than that one's going to go up. So if you haven't, if you've been holding off on Icon, you should contemplate actually getting into it. If it appeals to you.
NBXG, did I touch on this one last week? I am drawing a blank. It's very similar to JEPQ. It holds a lot of tech companies, but it's a monthly dividend that pays.
Is this the one that's cheaper? Yeah, it pays like 11 cents a month or something like that. I know we're double dipping because JEPQ and NBXG hold a lot of the same companies. Yeah, you did talk about this one.
But it yields 10.25 and she's up so much in this one. Like it's ridiculous because I got it so cheap. I got it at like $10 or nine.
No, I got it at 9.75. And it's still cheap. So these share accumulations just loading up. She got $60.24 in August, which is about five shares for the quarter, 179.28, which is 14 shares.
And then for the year, 468, which is almost 40 shares. This is another one where they're accumulating fast. And that is, I don't think I discussed it last week.
One of the reasons I actually prefer, like when I'm buying closing the funds, I like the low price with the monthly dividends because they just add up like pretty quickly over a 12 month period. You don't realize how much it is until you actually see it in your portfolio. It is ridiculous, the difference.
Well, yeah, the monthly ones, like there's a lot of people that like, if you're on a fixed income, you need money every month. The best way to do is to find closing the funds that actually have a consistent monthly payment and one that like goes up, like say a fraction of a penny or a penny every year. Those are even better because they're actually giving you the dividend growth of like the dividend aristocrats.
But they're so much cheaper and you like get a lot more shares. At some point, we're going to have to turn the drip off on these. That's when she starts collecting the money whenever she actually needs the money.
Until then, we're just going to let it compound and compound and compound. And that's one of the things like one of the one of the things I'm always struggling with is how do you determine when to turn the drip on and off? I have actually, I may have hinted at this before, but like for us, it's when we need money. So like once we actually move into a van, it seems like a simple solution.
We'll just turn the drip off on like the ones that we want to collect income from and let it compound on the other ones. But for people that are in a retirement account, they're using this retirement income, like it's very difficult to like because there's going to come a time even when she says, hey, I need money in my portfolio. Well, how am I going to pick and choose which of these to turn the drip off? I think it's going to actually I'm going to have to do a deep dive into all of them and figure out which ones are the best valued.
The ones that are the best valued, I'm going to leave the drip on the ones that are like. I was going to say start with turning off the high drip or the high price ones. There's 30 some stocks.
It's you'll be fine. It's extensive. You have all the time in the world.
Oh my goodness. Whatever. Anyway, NBXG, awesome stock.
I like it. I like it a lot. If you don't want like I said, I think I did mention if you don't want to invest in JEPQ because it's $52 a share, I'll go NBXG because it's only $12 a share.
So you're getting three, three and a half shares more per dollar. You're getting a lot more. Three times more for your money.
And they yield about the same. NBXG is $10.25. JEPQ is $9.91. So you're actually getting a little bit more of a yield for the cheaper one. So yeah.
She's actually in a really good one that I'm super pissed about that we actually didn't get into. I love when he says that. It's called Starbulk.
Starbulk, it's S-B-L-K. Starbulk? Oh my God. They are a dry bulk shipping company.
They just like you think like Amazon products. I thought it was like the knockoff Starbucks. Or like pet food or things that actually don't need like the special, like they can put them in crates.
That's what Starbulk transports. They yield 10.64%. They're pretty cheap at $20 around there, $20, $21. And she got 182.43 in August, which got her 8.82 additional shares.
And so far in 2024, she's collected 483.57, which got her 21 additional shares. This is another one I'm probably just going to let ride until like the economy collapses for the most part. Because like even when the economy collapses, I'll probably still leave the drip on because... The price will come down so much? Because there's so much tension in the world that a lot of the shipping companies get spooked because they're like bombing and shit like that going on.
So like if you find a really good transportation, like vessel, like boat type thing, which this is, it makes sense to just leave, just accumulate as many shares as possible and collect money because they're really good and have a good balance sheet. Like one that we were in previously was Zim and it sucked. It like went from like $40 down to like $6 because like once... I thought it was higher than that.
Once like the balance sheet turned sideways, it's very difficult for them to recover because there's so much competition in the shipping industry that if you find a good one that has like a pretty... I wouldn't say a monopoly, but they have a pretty good business plan. You just got to stick with it because they're moneymakers because people always need shit. And how does the shit get to where it needs to be? They ship it.
Shipped on boats generally or trains. But like I couldn't... I can't find any good train dividend payers. Trinity Capital, she's in that as well.
TRIN, 14.74% yield. I think we get a dividend in that here in August or October. So that one's coming up on an ex-div date.
This one always has a special dividend attached to it for some reason. I don't know how they do it because it seems like they're overextending, but they keep making enough money to cover the special dividend. I don't know.
We've had nothing but good outputs on this one. But she made $193.50 for the quarter. And because it's up so much, I got this one for her.
I want to say $11 because it's up so much. I turned the drip off and I'm just collecting cash now. She got $193.50 for the quarter that went to cash.
But she also, before this quarter, I had the drip on. She accumulated 12.47 shares and she's collected 570.47 year-to-date so far. So it's a really good dividend payer.
But this is one of the ones where I'm vacillating between drip on, drip off, depending on share price. Wax on, wax off. Yeah, there's a couple.
This is one of them where I just like turn on, turn off. Yep, that's a difficult one. The next one, it doesn't have the option in Vanguard.
This is part of the reason I don't like Vanguard. We talked about this last week in our portfolio where they don't let you do drip. Schwab lets you do drip.
Oh, Vanguard doesn't let you do drip. Vanguard doesn't. QRTEP, the preferred share of that media company, it yields 21%.
She's collected 296 in the quarter. That one comes up. I think she just got a dividend for that one.
It was 296 again. And 592 for the year. But this one goes straight to cash because I really don't feel like going in there and buying additional shares.
So just fuck it. I'll just take the money and put it in other stuff. But that's one of the reasons there's a lot of the nuanced differences between Schwab and Vanguard.
One of them, deal with this type of stuff. Part of it's the fees because Vanguard says they don't have fees, but they actually have higher fees than they're letting you on to believe if you get into closing the funds and preferred shares. Maybe we should just roll her account at some point.
But if you do Vanguard index funds, yeah, their fees are negligible next to nothing. But one of my biggest bitches is there's a lot of things that I actually can leave the drip. I can have drip in Robinhood.
I can have drip in Schwab that Vanguard won't let me. And QRTEP is one of them. And it's just so annoying that you can't have the drip on.
You have to literally go manually buy a share because part of the beauty of leaving the drip on is the fractional share thing. Yep. You don't get that when you buy them individually.
You have to buy whole numbers, which I find extremely annoying. Because say if she got a 296 dividend, well, 296 going into the share price, she would have got, I don't know, say 4.6 or something like that shares. But if you have to go in manually, you have to buy five or four.
So you're not putting the whole dividend back into the compounding. It's not compounding as fast. So this is one of those where I'm just using cash.
This one, Hercules, if you look at that right there, she's at like 1,200 in cash right there between those two. Just for the year, yeah. That I dumped into other things because I'm cool.
Next one is one we discussed before, UAN. She's in that as well. She collected 106.87 in August, and she's collected 302.61 thus far in 2024, which got her additional four shares.
This one's a little more pricey. This one's super undervalued though, but it's super volatile. So again, if you are relying on fixed income, you may want to avoid this or just put a smaller portion, like 2,000, 2,000 max into it.
It is super volatile. Like I said before, it's been anywhere between 60 and like $100 this year. It's bouncing all over the damn place.
So if you can't stomach the volatility, don't get into it. And if you are relying on income, that is a variable one, like one dividend will be like 40% and another one will be like 10%. So this one's a super volatile dividend as well.
So I would kind of- I actually find it a little odd that you have this in her portfolio. We kind of would avoid this one if you have a fixed income and you don't have the, what is it, cajones? Cajones. To deal with that type of stuff.
huevos. huevos. I have it in her portfolio because I wanted to get exposure to this sector.
Which is? I believe this is the coal. No, wait. This is the fertilizer one.
Yes. Okay. That's the fertilizer one.
I was having a brain fart there for a minute. ARLP is the coal one. This is the fertilizer one.
And I believe fertilizer, because of the rising population, I believe having a good fertilizer company that pays a healthy dividend is a good addition to any portfolio. That's why she's- I don't think that makes good sense. This one, like this will probably be one of the ones that I leave the DRIP on whenever she starts collecting income because I just You never know when to turn it off and on because it's so like all over the fucking place Okay, she's also an NVDY which is the yield max for Nvidia um She's doing quite well on it uh, like we are in the the van life one, but She is making only I think 80. I think we make a little bit more She makes 89 30 in august which is four additional shares and she's made 309 12 in the In the quarter, which is almost 13 shares and she's made nine nine 919 71 for 2024 thus far which is almost 36 shares She has not got her initial. Um Investment back yet.
I'm working on how to get that out without affecting the uh, the monthly Monthly payment. I might just turn the drip off at some point Yeah, I figured that's what you're gonna do Once we get a lot more shares i'll just turn the drip off because like I seem you wanted some exposure that to like boost her income To the Yieldmaxes well contrary to the doomers the doom the doomsayers I believe this company is going to be just fine So much so that I actually picked up. I did we tweeted about it.
I I actually picked up Nvidia in The company its shares and the van life portfolio. I picked up 1500 in the video So we're not getting any dividends for 1500 But it's going to be all growth stock split um It was right after they did the stock split and the price just plummeted because people were like taking profits or Panicking panicking about ais tapped out or whatever. So I just picked up a bunch in the video I love contrarian investing.
It's so much fun at some point. I may actually get her into the video I don't know yet. But in the meantime, she's gonna collect money with the yield max because I Might as well make money off the option segue next week's next week's podcast is going to be the yield max one It's like i'm doing i'm putting it together right now.
It's going to be fucking banging Banger banger because I actually like i'm actually um Going through the ones we bought and we lost money on Like Tesla and Exxon mobil and i'm going through the ones that we've still have which we've made money on and then i'm going to go through like Probably like five or six of the the best of the best ones out of the ones that and what's really cool is Tim's noticed a couple patterns with them which should tell you which ones are better to get and why yeah Yeah, it's it's that's that's pretty sweet. It's nifty as they say As the young the young kids never say nifty As the boomers say nifty Neato burrito. Okay.
Next one is uh, you'll uh, why max? The uh, the fun to funds for you max Uh, if you're gonna be in any if you're I I honestly believe if you're going to be in any one Uh yieldmax you still believe that even with the whole going to weekly thing. Yep Looking at like so far. It looks pretty good So I'll like this is one that like they literally just went to a weekly dispersion as opposed to a monthly dispersion Generally when you do a weekly you pays less but it looks like after one week They didn't affect it that much but like I get this is going to take a couple months but if I think if you're going to have a hold any yield max you need to have the Fund of funds or the index of all at the very least if you're going to do you she must do y max She made 114 96 in august Which got her 6.5 additional shares.
She made 369 95 for the last quarter, which is not almost 20 shares And she this is a newer one. So we only have I think I want to say five months So she has 498 so far in 2024, which is 26 shares But this one this one's another one that accumulates pretty quick. Sounds good to me that I actually think it accumulates Um quicker than probably 75 of all the max stuff But it should if it's going to weekly like that's going to even increase well for which like for example she just got I I want to say 375 dollars for just a week.
So if you take that times four, that is 300 I don't I obviously don't think that's sustainable So it's they're gonna have to find their sweet spot. Yeah, it's gonna say it's so variable anyway So we'll just have to see maybe it is better for them to go weekly I don't know. We'll find out and we will report back.
She's in YYY, which is the uh, The debt debt closing the fund. I really like it. I'm pretty sure i've stressed this uh last week It's like it's really good.
Like it's better valued and it's uh cheaper than PDI, But PDI is ran by a better management team So if it's I mean like i'm hoping they cherry pick like PDI's ideas and apply it to YYY But I don't know how that all works with the management like it's that cherry picking ideas or not But this one seems to be ran pretty well. It's up for the year then that's good considering there's a lot of um Bond funds out there that are down. So she got 47 21 in august, which was almost four shares She's 140 23 for the quarter, which is 11 and a half shares And 364 74 year to date so far, which is almost 31 shares So this one's another one that's accumulating pretty freaking quickly because it's it's every month again monthly payers accumulate quicker in my opinion Then the more compounds they have per year the faster they grow so this weekly yield max should actually Grow quicker than it even for monthly.
So that's all the For the most part the riskier ones now, we're going to get into like, uh, the ones that we don't hold because they don't pay shit Okay AFG. AFG 2.11 is a bank stock. It only yields 2.11 The reason that people get into AFG is not for the 2.11. It's because they drop uh One to two special dividends per year that are anywhere between like 50 cents and like six dollars depends on what their cash flow is like so that 2.1 obviously doesn't Reflect the special dividends like I think a more Accurate thing would be probably five to seven percent would be their yield for a year. It's expensive as hell.
It's one like, uh 132 right now I think it's a little bit overvalued. But again It's hard to like if you just wait for after they after they drop a special dividend It'll drop below my bought my buy price is 128 50 One special dividend will be below that then you can buy it and just like this is literally a set and forget it type thing because You don't accumulate shit on the 2.11. Like she made 1721 the last quarter On I want to say four thousand dollars in AFG which came out to 0.14 shares But she made 202.12 for the year to date so far, which is 1.6 shares so you can see the difference right there Um the one her that includes the specials. This is the second dividend.
So the first dividend would have been about 1720 So 1720 and 1721 is 3440. So you take two or two minus 34 That was how much her special dividend was worth. Holy crap Special dividends added up quickly and like I do that for there's a few of them I do that for like if you look at the in Schwab if you look in vanguard if you look in yahoo finance, they generally don't include the special dividend in their yield so you're gonna take further for that if you like that's why like they'd be like if I I try to mention ones that have a special dividend.
How do you find them using those screeners that you do? I don't I just look at them Well, how do you even have the notion to look at something with like a 2.11 percent yield? Because when i'm doing uh, I get an email. Um probably Once a month, maybe twice a month that tells me the special dividends coming out. Ah, okay Nice and then I when I get that email I go and check them like these would actually be things that fall through the cracks Based on your screening methods Interesting very nice.
I mean there has i'm sure you could find a way to To screen for special dividends, but it's easier just to get an email and then she Going to the next one. She actually has the largest bdc. Does anyone know what it is? Anyone anyone? I know we've talked about it before arcc is the biggest bdc by market cap Uh, it yields nine percent.
It's around 20 to 21 pretty much all the time. It's actually a good price for that She has got 130.25 in the last quarter. This one's uh, the dividends coming out in October.
So 130.25 for 6.23 Shares and she's got 257.54 in 2024 for 12.4 shares. So this one is adding up pretty quickly. Yeah, not too shabby at all You get six shares every day.
So you're getting 24 shares for the year I thought that adds up pretty quickly and then this is one where we took her profits so everything she has in this is Straight profit and we're not going to turn the drip off ever. It's a capital southwest CSWC it's another BDC. It yields 10 For some reason it actually costs more than arcc arcc is like, um, that's why i'm saying you were the biggest one I was surprised that that's actually low I think outside of like main street capital and Hercules capital ARCC would probably be my look my one of my top four favorite BDCs Capital southwest she got 37.75 in this quarter for 1.45 and 74.57 You can see like how she's not getting a lot of a lot of income because it's all profit So we took out um a huge chunk of what was in this before like we got this at like I bought I bought I want to say 16 Maybe 15.50 to 16.25 16.25 that range and it shot up to like 27.
I was like, okay, so I took our initial Investment out at once I hit 27 So it's down a little bit since I hit 27 But she's not accumulating shit because she doesn't have very little she only has like 1700 dollars in it But that's one way to like I this is i'm not completely sure of this one So like if i'm not completely sure of something i'd like to get my initial investment out So it doesn't really minimize yours doesn't affect my overall. That's a great way to minimize your risk Okay, the next one i'm probably going to get out of i'm just trying to determine when I want to get out of it And why is that this we're talking about triple m triple m I know they recently had news about how they're cutting their dividend. They cut their dividend So they like they were they had a dividend for 66 straight years I cannot even believe and they cut their dividend from I think it was a dollar 50 down to like 50 cents or something they dropped out of the illustrious king status.
Oh, it only yields 2.15 at the current at when I got um its current 130 price Based on that new dividend, but it's just gone up. It's almost 140 now It's like like she's but she's not making shit. Look i'll do here with the new dividend.
She made 3109 on Seven thousand dollars. Yeah, that's Which equated to 0.31 share you said this is going up So this is it almost sounds like triple m's going into a growth mode kind of like camping world is Yeah, but it's not giving me shit. Yeah.
No, I understand our strategy The camping world's going to increase their dividend triple m probably will start a new period But they're going to do that like with one to two pennies type shit they do So she made 155 17 in 2024 for 1.5 shares but I mean again, this one's probably not going to be like I would Be surprised if this one's still in the portfolio come like 2025 I know you you're gonna cut it cost too much and you don't get shit for it So I know you This next one's going to be in the in the portfolio for like a long time Really? Because I heard you talking smack about Verizon this morning. Yeah, I will talk smack about I hate verizon But as a stock i'll own it. No, I thought you meant you were actually talking crap on stock What no, it yields six percent.
It's been it's raised. It's dividend 18 19 years something like that Uh, she made 86 54 on I want to say $5,000 in Verizon. So that was two two additional shares and she's made 255 43 For 2024, which is six additional shares the problem.
Okay, let's go back up here to triple m. We got it $89 And it's at 130 right now, so it's very difficult like I don't foresee triple m being below $90 like Any time in the next like well, do you think we're gonna have a recession? I think it would be wise to liquidate. I don't but this is one that will last in the recession. Okay? Okay, that's part of like my I was gonna ask my best solution between selling it and not selling it is like if we go Into recession triple m will be fine.
Uh, Verizon will be fine in the recession Well, I can tell you your decision is going to be based on what the heck's and Verizon We got Verizon at like 26 or something. Oh my god, that is so just ludicrously low like it's a 43 80 right now Look, i'm pretty so low pretty sure I didn't we didn't send out an email, but I sent out. Uh, that's because it Before we were doing that a flash mail but I did send something in the email that it was Super undervalued like if you can get Verizon under like 27 You just pick it up.
Yeah, that's just like a stupid simple like you don't even need to think about that one So like this this one's gonna be around for a hot minute Uh this one because we got such a good price like these like that's where i'm having the problem because like they've got Such a sound Yeah, the next one is she got this one at I want to say 96 Was Exxon mobile only yields 3.46. But again oil is not going anywhere We'll go back to those other two depending when you bought them You could avoid the capital gains tax by holding them for a year and then bail and ship No problem. I don't have to look into that might be another contention to uh, contemplate Exxon mobile She got for like I think 96, although this is a retirement portfolio. So it doesn't freaking matter She only got 59 42 for the last quarter, which is a half a share 0.5 And she got 118 32 for the year so far.
So she's gonna get about 240 for a year's holding Exxon mobile, which will get her about two shares. She got one share so far. So But it's not going anywhere Um, I know if you don't want to pay for the Exxon mobile price of one of 111 118 whatever it is Shell is a pretty good alternative to Exxon mobile It yields like five percent and it's done a lot of acquisitions and I think it just bought Hess or has bought shell I forget which way it went.
I think I think Shell bought Hess. What's the ticker for that? sh el Okay, don't look at me like i'm stupid. I am stupid.
I'm not a stock guru like you This is a hold it because it's I think there are 20 some years or 30 some years of dividends increase So like you can you're I hope you're seeing it a pattern here We're like we're like she's like a majority of her stuff is dividend growers, even if it's one percent She's still a dividend grower because you got to find them at a good price, which is the value contrarian investing And then if you notice too like because she had more money in her portfolio compared to what we had to start with She could actually put larger sums into these higher priced stocks Even though we still don't favor those but she was actually able to Or we were able to justify getting into some stuff that was a little higher priced This next one is a pharmaceutical company that i've never heard of OGN. OGN never heard of it still haven't heard of it I have no idea how I got into it. I think I was just uh flipping through like some shit I was reading I was like, huh? I noticed that it was trade generally trades in the uh, 20 to 22 dollar range And it was trading at like 12. I was like, I was gonna say I knew I knew you're gonna say something like half of that I just know you so I got into it.
I put like four thousand dollars into the stock I never heard of I still haven't heard of it and she's up 110 in this one So this just goes to show you that sometimes like you don't like you don't know anything And there is luck and not not not luck in picking stocks, but luck in getting the information And then doing your due diligence and research to say the what you look at though You go through the portfolio you go or not the portfolio you go through Their earning statements you go through their like reports you go through all that stuff and like when the numbers match up good Never heard of them. I have no idea what they make Not a clue She got 50 almost 51 in the last quarter, which is two and a half shares and she's got 101 dollars for 2024, which is five shares. I think it's a dividend grower I think it's grown us dividend like 14 or 15 years I love that.
You have no idea about some of these like I literally know it yields 5.5 percent and it's dividend grower That is undervalued. So that's all you need to know What they make no clue. Maybe someone could tell me uh in our fan life portfolio, we hold the Redheaded cousin cousin of this one.
She has BTI where we have mo and ours They're Stocks, this wasn't this is I uh, this is a nicotine one. It's a cigarette company Yeah, okay yields seven and a half percent. So it's a dividend Tobacco tobacco dividend grower that yields almost eight percent.
It doesn't yield as much as a mo but it's cheaper It's at 38 whereas mo is at like 51 But the results are the same Like they're both up about the same and they both yield about the same like in capital like we she got 106 11 For uh august which is three shares And she got 281 04 for 2024, which is almost nine shares so they're both doing exactly the same thing like they give you A decent payout and it gets you two to three shares and then for the year You're just gonna before you know it in the year. You have like 13 14 additional shares. You're like well, all right Cool, I have no problem investing in casino stocks oil stocks cigarette stocks gun stocks Marijuana stocks alcohol stocks to me.
That's a stupid reason to not make money Yeah, you have like oh I just because you don't do something personally, that's fine You don't have to do it personally But you can make money off it to better yourself and to do what you need to do in life to make the world a better Place because people are doom spending a new word that we just heard of. Yeah. I just heard that phrase this week I was reading uh, i'm reading a um, um a podcast but it was in uh, because I don't like to listen to stuff I like to read it.
It's part of my problem with all this stupid spam emails Like just let me read it So I was reading the podcast and they were talking about doom spending which is basically whenever you spend more than you make Because you're sad I would call that having the whole void I'm sad. I must go spend my paycheck Our helper monkey's out doing that right now Next one is because we love this one speaking of marijuana speaking to sin stocks. Uh, IIPR we've discussed this in the REIT one, which was recently it's um, awesome.
It yields six percent It's at a 52 week high. So you probably don't want to buy it right now For whatever reason like there's only like four stocks I get emails every every time they break a 52 week high and IIPR. IIPR is one of them like every time Every time it's like it broke its 52 week high. It's like yeah, I did it two days ago.
Thank you Um, she got 112.39 in the last quarter. This one's dividend comes out in October as well So that's I expect it to be about 115 116 because they just raised their dividend by a little bit more than three percent I believe so she got 112 Point 39 the last quarter which is almost one one share and she got 321 84 for 2024, which is two shares Um, she's probably gonna she got this dude So cheap like this one's i'll keep her until like they close business down She got i'm pretty sure she got this for like 78 or something like that How does she keep getting so lucky because I have money available whenever I had stuff I had on my watch list It's like oh, that's really low. I should probably look look into this.
Why can't we have that happen? Because we don't have any extra money When we sell the con about the time we sell the condo i'm We'll have money and i'll just put it in bullet shares and then i'll just wait till the recession hits And then just pick up all the freaking stuff. Everybody's jumping ship. Yeah Sounds good to me.
Okay. Here's another one. I've heard of it.
I have no idea what they make No idea what they distribute no idea what they sell Oh my god, bristol myer bristol myers bristol myers squib BMY that is the weirdest name It yields about five percent and I don't have the foggiest what they do I've researched this company and I still don't know what they do. I feel like we should just call it squid games Because just let it go to that. I think they develop like medicines through like trials and then they Sell the medicines to sick people At some point we should probably figure that out.
Yeah, like I don't know. I'm not very like i'm not very Astute when it comes to pharmaceutical stocks I don't think anybody is because they all make the same thing, but they call it something different and it just confuses me So i'm just like whatever All I know is she got this one at a really good price and it has a good dividend and it raises dividend pretty Much every year. So she got 58 27 in august, which is a 1.2 shares And she's got 109 51 for the year so far Which is 2.34 like this is one of the she'll grow like Eight or nine shares before we know what happened and it's the same but like it's doing sideways crap So like these are my favorites.
Yeah, the side my absolute favorites when they trade sideways People are like, oh it's not giving me the returns. I want like who cares you're getting like 10 shares additional So when it does start giving you the results you want you have more shares getting more money. Oh next one whatever next one's like probably BKH, uh black hills electric, uh utility company in South Dakota Yields 4.36. They've raised their dividend for dude like 60 some years 50 some years.
This is a king She has a lot in this but it doesn't really generate. Um a lot of income But whatever this one's all about share of share appreciation more so than capital appreciation She got 38 61 in august and she's had 114.48 2024 which got her two shares. I mean that's that's understandable with a 4.36 So she's getting four shares she'll have like four and a quarter shares by the end of the year additional in this one Here's another utility company Yes What is yes? none No idea it yields 4.22 and it does pretty much identical to what uh black hills does 3755 for the quarter for the same amount of shares And 68 30 for 2024 for 1.1. So she's again two to three shares This one's a bit more volatile though.
So if you want like a Beta one do BKH. Yes is like all over the place like one month. It's like 50 dollars the next month It's like 78 It's a lot like NEE when we had I she was in any for like months and like I just Wasn't accumulating shit.
So I sold it But oh, here's another. Oh another pharmaceutical company. I know we've talked about this one Pfizer I had to buy this one.
It was down so low that I just couldn't pass I'm, actually surprised it's still down that low 29 a share. Uh yields almost six percent and it's the same as BMY and OGN just you're just accumulating shares for sideways crap till it turns around So she got 1.91 shares in august and she's accumulated 130 45 and 2024 for almost five shares I'm, pretty sure Pfizer's one of those companies that always turns around they like come out with a new product and then their price Shoots up well pfe and bmy Usually do well. Yeah, I see that.
I have no clue what this OGN crap is I still don't I don't I don't know. I just know that it was Oh, okay, like a hundred percent undervalued. Yeah, that sounds that sounds like you and then BSM is a Mineral company, I believe Okay so gold silver Platinum iron.
Is it a minor? It's I don't know. Okay I just know it deals with minerals and I wanted a minute. I wanted access to uh, Minerals in her portfolio for 10 yield.
That's pretty sweet. It yields 10. Um She's down a little bit in it because I got it's only 14 hours 14 79 a share That looks pretty juicy.
The problem is it doesn't reinvest in vanguard. So I have to take the cash vanguard So she got 54 75 in august doesn't reinvest and then she got 109 50 thus far this year and it didn't reinvest So this cash is just going to something else. I feel like that would compound if it did reinvest So I like I sometimes add to this port of this position based on share price It's like throughout the month.
I'll be like, okay, so we're gonna add to it But like not always sometimes I forget about it to be honest Okay, she's an EQNR which is the You want to say south American oil company or is that the Norway Norwegian oil company? We have a Norwegian oil company. I think it's Norwegian I think i'm pretty sure this is nor the Norwegian oil company. It yields 13 Um, do you heart me some Norwegians? It's pretty Like in a second you'll see my strategy when it comes to this So do tell well because the next one's EPD, which is the American one and it's it's like a dividend.
Uh, Achiever has 20 some years of growing its dividends So like I put half the money in EQNR and I put half the money in EPD So this one's more volatile has a higher yield. This one's more stable with the dividend growth Makes sense. So I kind of did that because we're in USOI and we were in USOI Which is trading on exchange exchange traded notes for oil.
Um, her mom's in actual companies I think we're in EQNR too actually But epd I just coupled that up with this one So it brings the the yield down to about 10 but for the most part it's pretty stable uh EQNR she made 86 47 in august which was 2.4 additional shares and she's made 145 98 in two dividends in 2024 for four shares This is a newer position all these these um, the next next couple are newer positions Uh EPD, which you're just mentioning. It's a seven percent. It's a dividend achiever Like it's if you look up like the best oil stocks to own that generally is on the list somewhere in the top 10 um she's made 53 out of three in august which was almost two shares and she's made only 53 for the year because We just literally picked this up in I want to say may may i'm gonna go with may next two are Closed-ended funds, but they are different closed-ended funds.
Maybe they hold different things our municipality closing the funds So there's a tax the tax relief on them, even though it doesn't matter consists because this is a retirement account These don't you don't pay taxes on these. I know on the state and local level Anyway NAD it's a municipality one It yields only yields 5.5 but because there's the tax incentive to own it Actually, it's closer to eight percent because you don't pay like any taxes on these things at all except for uh, federal I believe but federal only Pertain if you make more than 40 000 they'll bump you up into higher tax bracket to bracket, but i'm not an expert Anyway, she got 13.06 in august, which is at one point 1.08 shares And she's got 38.93 for the quarter which is three shares and she's got almost 50 for 2024 She's only held this for five months So she's made four shares in five months So she's going to be making about 11 or 12 shares by the end of the year And nzf is the exact same thing. It just holds different municipality things.
It's 5.71 12 in august and 44 50 for 2024 thus far I just like those because i'm pretty sure when she starts withdrawing money She didn't have to pay taxes. She wanted to pay taxes on these. I got rid of this one So this one's irrelevant.
You still got a dividend on it for this quarter CME, which is a Chicago merchant merchant Mercantile exchange Anyway, it's like the only it's the only uh, like banking exchange that deals with cryptocurrency Oh It only yields two percent but again It's a lot like AFG where it usually once a year drops a like a bomb of a special dividend But in the quarter, she only made 17. I got 0.09 shares So I like I I just got rid of it because it wasn't doing shit What I used it for is I bought another bond And I put the rest into bullet shares So she has cash for like when I want to pick up something else the bond she got super cool sensory link Is that what that is down there? No, these are other ones that she you're gonna She's gonna get dividends here in the I think she got a dividend on this one And she got a dividend on this one, but it was September And she's getting a dividend and end of the month So those don't come for this one. No, okay.
So then just ignore so you're saying about a bond She got bond. It was a sensory link. It was a trading at $64 Bonds again, if you remember a hundred dollars is the par price 64 or yeah, so it was 36 64.
Yeah, so it's 36 percent undervalued and it had how do you find these things 7.5 percent yield? I just look you're funny. You just have to look for them You just have to be diligent like Tim is he just he lives and breathes he's on well I put two thousand dollars into the uh, centrally bond because it uh was a c-rated. It's like below But even if it goes up just a smidgy you can at least break even.
Oh, she's gonna break even All right. So the total for the august payout. Oh 1771 1771 but she's only made 42 52 for the quarter And 10 293 for the year.
So hers is not as consistent as ours. Is is that what i'm seeing? Monthly consistent. No, it's like there's she has you told me she was only making like 1300.
She has One month where she makes a buttload because like a lot of these go in the month. Yeah, okay And then she has two months that don't equate to much. So she's only averaging about okay Hopefully we can change that with some of these yield maxes But she's more consistent with like she knows like she's getting 1771 in august and November and February and May four times a year.
She knows like so four times a year. She's gonna she'll be able to like put bigger expenditures on Whatever she needs to do for those four times and she knows the other the other eight months She's not going to be making that much All righty, because these are all like super consistent other than the top couple that were variable income variable dividend Yeah, i was gonna say she definitely doesn't go towards the more variable stuff So that's what we've made in the two portfolios. Um trying to be transparent and we want you guys to see that we live in what we're talking because like you've Noticed in a lot of a lot of the things in these portfolios and stuff we talk about all the time Yeah, and we'll probably not do this again for a while because this does take kind of long and it's kind of cumbersome Let us know If you prefer you would like to hear types of stuff like this or if you'd rather just have them posted as a report I'm kind of leaning towards the report avenue But this at least gives you guys like real-time data and again the um The link to the actual spreadsheet that we were talking from so you can see it So you can see it for yourself and not just try to listen to it Sometimes I find the visual numbers are easier.
We'll have a link to the spreadsheet in the show notes next week All right next week's gonna be freaking amazing. So be sure to tune in. Have a great week.