107 - Our Conservative Portfolio Grew Income 10% During The Market Chaos

The market dropped nearly 15% this spring... but our conservative dividend portfolio? It grew income by almost 10%.

In this episode, we walk through our Q2 2025 Retirement Portfolio update—showing how even as the market got wrecked by tariffs, volatility, and policy chaos, we stacked more income, reinvested smarter, and stayed unbothered.

We break down:

• 🔻 How the portfolio value dipped 8% but the income surged
• 📈 How strategic DRIP and weekly income ETFs gave us an edge
• 🚩 Which holdings are red flags (OGN, QVCGP...) and which ones are screaming buys
• 🧠 The logic behind our high-yield + dividend growth strategy for retirement
• 🛑 Why market drops don’t matter if you invest for income, not headlines

If you want a portfolio that performs through chaos—not because you timed the market but because you built it right—this one’s for you.

Conservative Portfolio Q2 Dividends

--> Spreadsheet Here <--

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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 with dividend stocks so you can secure your finances and liberate your life. 

Markets took us on a wild ride this spring with the tariff chaos, a 15% drop, and then a record May rebound. 

But here's the kicker: while the S&P 500 was on a rollercoaster, our conservative portfolio took less of a hit AND saw an increase in dividends of nearly 10%. 

In this episode, we break down how focusing on dividend growth and strategic reinvestment can provide stability and growth, even when the market is anything but predictable.

It's that time again, we are back for one of our quarterly updates for our dividends. This is what we've received in the last three months for the retirement portfolio. So so this is the conservative approach for those of you who are, what are they called investor profiles? I want to say sissies.
But yeah, well, you're just like less risk prone either you're later in your your year span, and you just can't afford to take the risk. Or you just risk really just doesn't set set right with you, which is totally fine. Like there are definitely people that are like that, and not like us.
And since we are managing my mom, who is older his portfolio, that is exactly why we have these two separate portfolios, you can show us show you guys the different strategies between the two approaches, because it is a drastically different approach, right? Yes, generally, there's a lot if you see, like in the in the portfolios, there's a lot of carryover from one to the other. But there are a lot of there's some huge differences. Well, there's allocation differences, buying price difference, mainly what we hold in the retirement versus the van life one, like the retirement portfolio, we have like, that literally explained nothing, we have like black, black hills, which we never own in our retirement, our van life reports only yields like 4%.
But it's a dividend grower, there's a lot of dividend growers in the conservative portfolio. And we don't have as many in the van life portfolio. That's the huge, that's probably the main biggest difference.
Yeah. So focusing on portfolio preservation, because one of the things Tim said was at the end of all that downfall that everything had over the last few months, this portfolio stood up pretty well. Yeah, that's only lost like 8%.
Whereas the van life portfolio lost 22 about 18. Yeah, so it was up there pretty good at the worst. But this one also like this one doesn't have but there's two yield maxes in the retirement portfolio, which are the YMAX and the dividend NVDY, which I think NVDY is probably one of the better yield maxes.
So they're the less risky ones. But we still allocate a little bit because you do need that extra income boost, because this is a dividend of focus portfolio. But if you got rid of the yield max in its entirety, your dividends just wouldn't really be worth the salt.
But the yield the YMAX one and the video like he just said are two of the better I think more, I guess conservative. Well, the video is the right word. The video ones ran pretty well, like you get a really good it's been between 80 and 100% return for like over a year that one does pretty well when it comes to total return.
The Y max one, I think YMAX is good for the retirement portfolio because it's like in our eyes, it's more like the index fund of yield maxes. So like you're getting all the yield maxes at an equal allocation percentage. Yeah, you have less volatility in that one.
And that one pays out weekly. So that does generate pretty good money. And we'll touch on a couple of the dividends when we pull up the chart, which will be available for you guys to peruse at your own leisure.
We're going to try this differently, like we're not going to go through each stock individually, because that'll just be on the chart that you can then look at and say, okay, that one. Yeah, we're going to change like he just said, do this a little differently to try to save time. We've got an hour and 40 minutes.
Yeah, so you guys can... Me talking. If you guys want to see the exact numbers, we're going to leave a link to the spreadsheet that we're going to be going over in the show notes like we always do for you to check out. Now, Tim does have columns of buy up to price at the current price.
Yeah, I still have the yield, the buy up to price and the current price. And then the overvalued investments are bolded on the chart. Yes.
So we'll probably do like summaries. And then we're going to touch notes on like which stocks have pertinent news, pertinent updates, what's changed, what shit the bed. And I forget what our actual portfolio value was before.
It was 174. Okay, 174. So current value when Tim pulled this information is 164,500.
I mean, it was like 164,578, but... Close enough. Yeah. So I'm going to go over the details from the last time we did this.
The quarter that was December through February, we collected 4,603 in dividends. In December 2024, we had 1838. In January 2025, we had 1360.
And in February, we had 1405. So this current quarter from March through May, we collected 5,043. That means we increased our dividends by 9.57, our dividend take home... Percent.
Percent. And this quarter increased by almost 10%. That's really good.
In March, we took homes 2,065. April, we had 1179. Wait, pause real quick.
So we just said that 9.5% increase in dividends while we had a 8% principal depreciation go down. Well, that's what I've said all along that people don't comprehend it is if you're income investing, the best time for you to just be smiling and happy to look at your portfolio every day is when it's a sideways market. Yeah.
Or down slightly because then you're picking up shares at that lower value. Because you're getting the same dividends and you're getting so many more dripped into your account because everything's depressed. Per share.
Yep. And per share. So it's a different mindset shift, but once you see the numbers all the time, it just speaks for itself.
Okay. So sorry I hijacked him. So that quarter is $5,043.
Yeah. So in March, we had 2,065. That's big.
In April, we had 1179. That's terrible. And in May, we had 1834.
So two months, if you look at... If you stack December, January, February up with March, April, May, two months, March and May, we actually made more than we did the previous quarter. And April sucked. But then April lined up with January and some of January shit went into December and some of January shit went into February.
So it's not like a real apples to apples comparison. Yeah. Very odd.
And... But it still was only like $175 difference is all. So it wasn't that big of a difference, but it's still like... But 2,000 to 1,178, that's a big difference. In January, we had 1,360.
Yeah. I'm looking at March to April. That's a huge... That's $900 difference.
Yeah. So we had like some really big quarters where they actually made a lot more than they did the previous, like if you line it up again. I mean, I don't know how to explain it.
Like you have December, January, February. So that would be March, then April, then May. So it'd be December, March, June, September would all be like one column.
And the goal is you want the one in December to be less than the one that's in March, to then be less than the one that's in June, to then be like... You see what I'm saying? That's how you line up. That's how you measure them. Does that make sense? Mm-hmm.
Okay. Yeah. Because you have your quarter, you have your three months, and then like the month... The goal is... The quarterly payouts are the same for every third month.
The goal is you want every quarter to be more than the last. But you also like inside that goal, which we did do that by a 9.57%. This quarter was almost 10% better than the last quarter. But inside that goal, you would like to see all three months be more than the three months previous.
And we only did two out of three. So every third month needs to be more than the... Yes. So if you recall, back in the last time we did this, we actually held YMAG, the yield max, which is the magnificent seven in this account.
I sold that. I didn't like how it was doing. It was trying to mirror what YMAX does.
And it was paying weekly, but the weekly payments were like 5 cents, 6 cents, 7 cents. So you weren't making crap in dividends. So I just said, to hell with it.
We did end up with like a 1% or 2% gain, but it wasn't... Oh, nice. We didn't lose? No. So we took all the money that we had in the YMAG and dumped it into YMAG.
And we actually dumped it into Pepsi Cola. That's why we have this cool picture behind us. Pepsi was severely undervalued, and it's way undervalued now.
And it's a dividend grower. So it's another one of those ones that grows every year. Yeah.
So even if the yield is only like around 3%, which I don't even know if that's accurate. I should probably look. It's 4.33. 4.33. Now that it dropped.
So even though that's way below what we normally like to look at, dividend growers are a completely different animal because they're constantly moving that up and the dividend magnet does its thing. So whatever the heck your buy-in price is, your yields actually are a lot higher than the snapshot in time. So I do... I just commented to say, if you actually are a conservative investor and you only invest in dividend growers, investing is so easy because you only have to study like 60 or 70 different investments.
And then once they hit your price range, it's so easy to get them undervalued. And that's all you have to do. It's really easy.
The problem with that is... You need time. It's going to take forever for that 4% to come out to be 7 or 8 or 9 or 10%. Yeah.
You need time. Those are the ones where it's like, you know, you really like your job or you're investing for your kid and you have 18 years for them to hit when they're going to draw on stuff. You need time for them to compound and for that yield to go up with the whole total market trajectory that happens.
So for the six months that we have documented so far, we have $9,626 in dividends collected. So that means our average monthly dividends in this conservative portfolio is $1,604. Again, on $164,000.
Per month. So it's like 10%. It's not terrible.
I mean, it can be better, but I actually have it set up quite conservative compared to the one that we're going to go over next week. That one's kind of cray-cray. Yeah.
Very conservative compared. And then I did... I pulled the numbers on May 31st and that's like, I saw the data and the charts. It was actually a reflect of May 31st.
As of that date, NBXG, UAN, NLR, BTI, NAD, NZF and SBSW are all overvalued and literally should just go on your watch list and then you have to wait to pick them up once they actually become undervalued. So you have to like do the research on the financials and the target price and shit like that. But like, if you pay attention, like I bring these up periodically throughout the year in the email and in the podcast.
And if you're already in them, would you turn your drip off on those? No, they're not that overvalued. Like, oh, if you go back to the chart. If I go back to the chart.
Okay. You see NBXG, like it's by up to $13 to $13.23. So I leave the drip on in that one. UAN, it bounces all over the place.
Like it's a very volatile stock. There's some weeks, like some months it's up. Where are you going? UAN is a very volatile stock and like it bounces around anywhere between like 73 and 95 and like it has huge swings.
So I leave the drip on in that one as well, because you never know if when you get the dividend, it's going to be undervalued, overvalued. So just might as well just collect shares. You might as well just leave it on.
The next one's NLR. I would leave the drip on for now because it only pays out in December. It's only pays out once a year and that's in December.
And then we can make the decision like in October, November, if we want to have the drip on or off. I'm assuming you want to have the drip on though, because it literally is, if you recall, NLR is like a closing fund of like all the best nuclear companies and like that's going to be pretty hot the next few years. So the fact that it's that overvalued, to me that buy up to price should increase.
Now how I determined the buy up to price is I like went into Yahoo Finance and a couple of my other subscriptions for each and every one of these stocks. This shit took forever. You're welcome.
And I looked at like the target price and what they call or what they consider the fair value, what the other publications consider the fair value price. And then I kind of plugged that into a mathematical formula to come up with a number. I like to use the Yahoo Finance first because that's like a bunch of analysts covering it and they have like analysts that will say like NLR should be worth 82 and then some will say it'll be worth 90 and some will say we're 78.
So that's the mean of all the analysts covering it. So that to me is better than just one publication's fair value price. But like whenever there's like a closing the fund, you have to use other means to determine a closing the fund because closing the funds don't actually have analysts covering them with target prices.
So you have to go into like the premium and discount history and then you have to compare it to where it's at and then where it is historically. So it's a tedious process, but that's how I determine those numbers. The next one is BTI.
BTI, I would turn the drip off. The reason for that one, if you're in it, I would turn the drip off because it is overvalued and its financials are not that sound, like its profit margins is not that great. It has increased its dividend a lot and it's a pretty good tobacco stock, but it's like the third or fourth best tobacco stock for the fact that it's overvalued that much.
With questionable financials, I would just collect that in cash. NAD and NZF, I would leave the drip on of those because those are tax-free. So it'd really be like you just want to get as many shares as you can before you retire because all the dividends are tax-free.
So because those are the two. And if you're investing like we are, we don't have it in the retirement account. There are the two municipal closing the funds that basically the whole purpose to own those is to have the drip on and for you to accumulate as many shares as possible because when they pay out, it's tax-free.
SBSW, you can leave the drip on because I don't know when they're going to pay a dividend next. They haven't paid a dividend in like the last year, but they have been notorious for paying dividends when they have cash. And I do believe that's going to come up here at some point soon because they went from like $2 up to $6.
So they're actually generating more cash without their dividend announcement could come from at any time about that one. Okay. And let's reiterate why we bought, what is that, Skyworks? That's Stillbank.
Oh, Stillwater? It's Stillwater. It's a mining company. Okay.
So this is because it's a mining company. So this one dropped in value. It should be $20.
And we got it like three. So, and they throw off a dividend. And they have a history of paying dividends when they have a decent amount of profit.
So I know the dividends are coming at some point. So I can get a lot of price appreciation. I mean, even I understand the buy up to price says five, but this company has notoriously been above $20 per share for years and years and years.
It just went through a really, really, really rough patch. So if you wanted to buy it, you still could. I mean, I would wait for it to go down.
But if you own it, because we mentioned it, then I would just leave the drip on because you never know when the dividends are going to come back online. Okay. That makes sense.
So that's all those ones. Now let's go back to the... The ones that are undervalued. Undervalued ones are CIVI, THTA, FATBP, VALE, and NVDY.
Those are all around 25% undervalued or more. Back to the chart ones. Okay.
CIVI is having just an awful year. This company should be in the $40 to $50 range. Holy crap.
It's only at 27. And it's because it's an oil company, like a mainstream thing, and they've all been punished. Right now it's paying $0.50 per share in dividend, but they do throw off special dividends from time to time.
I like it. It's one of my ones that I would hold onto for a long, long time, but it is undervalued. How I determine undervalued, I literally just took the current price divided by the buy up to price and anything that was like 20% or more.
That has to be a typo. No, you don't want to buy it. Oh, okay.
Those are my two sales and we'll get to that in a minute. Okay. Sorry.
So CIVI. Foreshadowing. V-A-L-E is really undervalued and it has a pretty good yield.
That is another mining company. Did you say the yield of the last one? CIVI's yield is... 10.63%. That's hot shit. It should be around 8%.
So that's very undervalued. Veils? 11. 11% and it should be about 9%, 8%.
It's very undervalued. Again, it's a mining one that got crushed with a bunch of shit going down. Current price $9, buy up to 12.
THTA. Okay. THTA is the one that we dumped all of our cash into and we replaced our bullet shares with THTA because it yields more.
This is basically our savings fund or dry powder fund. It dropped from like $17 down to $14. So it wasn't doing what it's supposed to because bullet shares are actually more... So if you're super conservative, you probably want to stay in bullet shares even though you're only getting 6% because they actually held up better in the downturn than THTA did.
What this is is a bunch of treasuries combined with options on the S&P 500. So when the S&P turns around, THTA will turn around. But that's actually a good experiential thing and now we know that this does this during these pullbacks.
It's like when we got into it, it yielded 12% and now it yields 15.5%. So it's really undervalued. That is hardcore. If we actually had extra cash, I'd be dumping it in this.
I like what it does, but as a holder for cash in a retirement account, I may not think it's the best option anymore. For the more conservative approach? Yeah. That would be bullet shares? Yeah.
I would concur with you. I kind of had that speculation before and now we know for sure, Steve. And FATBP is a preferential of the Fat Boy restaurants.
I think this is the funniest name. They literally just did a reverse stock split to become compliant with the NASDAQ and they may or may not suspend their dividend. As of now, the dividend is still on the table at 17 cents per share per month, which comes out to 92% yield.
That's insane. It's a preferred that the preferred shares are $25, the par value. So the fact that it's a 224 means it's ridiculously undervalued.
But again, you don't know because they could suspend the dividend at any point. I thought they did because I didn't get a dividend in May, but they said that the dividend wasn't suspended so like I don't know that one yet So I'll see like if I don't get a dividend in June Then I'm just gonna say that one's to spend and that will then become a sell Because you don't want to spend something you want to be making money off and not just holding your phone again. We have a Another preferred share that kind of screwed us a little bit that I think is also in this portfolio We'll talk about. The email once that was all home to fail and NVDY . Okay, NVDY is that like we were just met spirits up at the top? NVDY has a hundred thirty three percent yield and it's at 1545 and like this one's continuously been above $20 Now it may or may not get back up to $20 but it is I do think a good price for being the 17 to 18 dollar range and And if you do if you recall on when we discussed yield max the yield max is you always just collect your Your dividend cash until you recoup your initial investment and then it doesn't really matter what it does That applies to  NVDY  as well. So you go you want to get your All the money invested into it out of it. That's you're using it as an income generator not as a traditional Stock, we're alive in and I didn't we just comment on this because I was reading more Reddit threads and more Social media posts for people that don't they cannot comprehend how the the yield maxes and the roundhills and things like that The high yielders should be used.They're used as income generators You literally just dump a couple thousand dollars into it to get a lot of money each month and dividends or each week Depending if it's a weekly pair you pull out your cash that you give So the first objective in  NVDY  if you dump two thousand and you want to get two thousand out in dividends And then you can decide what you want to do from there Well, that's what the whole CONY experiment that we have going on is where we dumped 15,000 into it We've pulled out about 5,000 so far Once we pull out the full 15, we'll have to make a decision Do we want to hold it or do we want to just keep collecting? Hold it and keep collecting cash or do we want to like split it up into other things? We'll have to cross that regimen to get to it. But that's how you operate the yield maxes I can't stress it enough that you you leave the drip off and you collect it in cash. Yeah, they're like a side hustle It's like a part-time job, yeah, they're like a side hustle without needing to work They're basically like a really easy passive income or a business You're starting quote-unquote and you need to recoup your investment in your like equipment the gumball machines the vending machines Whatever you want to call it Okay, as for like there's two cells in the portfolio this week They want to want QVCGP is a cell they suspended their dividend Which was two dollars a quarter on their preferred shares is it's the preferred share of the QVC channel So when you say so if you own it get out of it, did you get out of it? No We lost so much money and it made no sense like to get out of it because by the time The dust settled they took like two days for it to drop like 80% Okay, so give the full thought process here because you're telling them to sell but we didn't sell They're not buys.Okay, it's like so if you see this don't get into QVCGP That's why there's a zero in the buy-up to do not buy My my rationale is we have money investor dropped into it we've lost so much because like like I said it took like two days for once the news came out that they were suspending the dividend the price went from like 27 down to like 7 so by that time you've lost Your chance to sell because you've lost like hundreds or thousands of dollars You might as well hold on to it when they sit like in this particular case It's a cumulative preferred which means if they suspend the dividend, but like say three years down the road They start the dividend back up. They will back pay you for all the dividends you missed It's like government furlough for the people who are non-exempt Whatever that means if you're a government worker, you know what I'm talking about well, so like you're hoping that they restart the dividends, but the Probability is they probably won't because this is a shit company. Yeah 50 to 1 that's insane We were just talking about that like the fact that people are still spending arm over fist for those TV old lady Clothes and jewelry.I don't even know what they sell handbags They sell everything on QVC, but that's like the go-to shopping for the older people Which I imagine that like how much money did you say they bring in a lot right bring in millions? yeah, they bring in enough to cover their dividend, but I think they're like because they're so worried about the They're about to probably gonna be big victims of the tariffs The tariffs gonna be problem They're gonna hit like the like their main stock is having problems with complying with being over a dollar on the Nasdaq so they have to do whatever they can to stay on the stock exchange and Unfortunately, that means saving money when they're when they can which means turning turning the dividends off and that's why they did the reverse Stock split which as you saw in that one episode we did about stock splits in general reverses are not good I'm the second one that if you were thinking about getting into it that you should no longer get into is Ogn, it's the the female pharmaceutical company. They cut their dividend from 28 cents down to 2 cents So they literally just got rid of the dividend worse than camping world And I if like it's only yielding 1% so there's really no point buying into it if you're in it Just staying it because at some point that the company is well around So the dividend should increase from like 2 cents to 4 cents I'll start doing that shit where they start like doubling the dividend for a dividend grow before No, it just was been at 28 cents for a while. Mm-hmm So they did something to like so like the reason I have it like I say a cell is because don't buy it But if you're in it just keep it and whenever they start increasing the dividends and I feel like these should be Do not buy Okay, then a couple other things with the portfolio scroll at the top a BR cut their dividend from 43 cents down to 30 cents That's not terrible.Like they're still making money a hand over fist They just needed to like that I we did say that a BR probably would cut their dividend because they were running They're running for their margins pretty tight on that Oracle and so that was foreseen and I'm not too upset about it So you just leave the drip on for the times the time being because it's gonna be undervalued for a while because people are panic Selling and you'll accumulate a shit ton of shit ton of shares And then when they turn it back up a little bit, you'll be getting lots That's for that like Hercules is doing well JEPQ's doing well XYLD is doing well Starbuck SBLK like they're like I can there are variable dividends of some some quarters you're gonna get like this quarter You're getting like a five cent dividend, which is trash, but in other quarters you get two or three dollars, which is nice So like that's just like if you have it, you have to account for that You're not going to get a consistent dividend payment with SBLK, but they pay out money when they have money It's one of the shipping companies like when they have money And like when they have profits they pay out really good dividends like ZIM and NAT and SFL and shit like that Mm-hmm, and you just put them back on like the Potential buy list, right? Yeah, I have the the van life for the fall So I had her buys them and she's like should we sell it? I'm like no and she's like should we sell it? I'm like no Like because they just dropped a $3 dividend like a month ago and then they just dropped another 74 cent dividend So like that's like that's a lot what you do These companies you go into knowing like the shipping companies you go into it knowing that when they have money you're gonna get rewarded Handsomely when they don't you're not gonna get shit. So they're like, I don't want to say a lottery winning but but like Tax return kind of how you get like a sum of cash You just didn't know when or where It's probably a bad analogy. The AFG is another one that does the same thing an inheritance on micro level No, it's you get the punch when they have money ignore me I'm being tarted AFG is one that it has a base dividend of 2.5 But they drop off two three four dollar special dividends like at least once a year So that's why that's really good to be in because you know, your base is gonna be a minute of 2.5 Which is kind of shit, but it's still not bad It's still better than like the S&P like holding the S&P index fund But at the same time it does drop off special dividends all the time, which is super nice OZK is another one that that's like off we go That's a dividend grower and that's been 50 some years and dividend growth That's a 3.88 looks bad, but it actually is quite nice because within like 10 years It's gonna be like 6 or 7 percent.Yeah so if you see these ones that are like lower yields more than likely they're dividend growers and that's like that's a whole different like Parallel strategy and why BK H ES? OZK VZ BTI, those are all dividend growers EPD is a dividend grower So that's why they're in this account sky sky works SWKS is a dividend grower UPS a dividend grower ADM's a dividend gross anything under like it's 6% and this portfolio are all growth stocks Except for OGN is crap dividend grower both stocks is a different cut the dividend that one other than that like the only one that like The one that I'm super high on is BMY and II PR. I really like both those IIPR because they own pretty much every billion that these dispensers these dispensaries rent from and As much as they fight it like they're trying they have such a sick setup Well the Paul like the good the policy makers are fighting the legalization of CBD and shit like that And it's just like it's not gonna happen So like this is one that's normally should be like in the hundred and ten hundred twenty dollar range the fact that it's 55 is Sick, so you can get it like it's it's dividend with six percent So you're getting like a ridiculous yield on something that eventually get back up to the hundred dollar range BMY if you remember double that's double what the yield was Yeah, I'd be BMY if you remember when I went through like my best stocks for the next decade It was on there and one that the two down from that was another one that was on there Yes, those are both really good like long-term Stocks, I really like It's BM Bristol Myers Squib. Yeah So that was one of the ones he was just talking about yesterday that he thinks is like one of the lesser knowns or it's not one that doesn't get like all the pub to say like Pfizer and Moderna and Sinophy and shit like that, but it's way better. I just think for the next for the next 10 years that's a really good one and I think for the next 10 years yes is a really good one and That's that Like that's like so you guys can go through the chart and like digest everything the chart basically broken up The first section is current price by up to the yield the second section is how much we collected each month and the third section is our quarter and year-to-date totals for broken down for every stock dividends and the drip shares we got and if we already did the summary in the beginning of this That told you how much we came out with which was $5,053 for the quarter And year-to-date we're at 9,625 So this one's doing what it's supposed to do And that's exactly what you want with a conservative retirement But again, look at that Look at the shared drip share quality quantity if you turn the drips on on these you like again for your print and money with the drip turned on 139 extra shares across across the portfolio That's insane Yeah, what's going on with our bonds? Bonds are doing what they're supposed to the the ulterior bonds were up 40% in the Milan bond Which is another pharmaceutical when we're up 16% nine energy We're down like 7% but we don't have any dividends collected yet to offset the price depreciation. That's like that's like The first two are well-known companies with a good You have no in this portfolio credit credit or no Moses ours were the drug addictions over there So the first two are like corporate corporate bonds that actually have above Investment yield which is BBB minus or higher nine energies has a C C rating That means it's a junk bond rating.So like it's more volatile than the top two, but it does yield like 13% so we haven't got a We didn't get a dividend for a hundred like as you see the hundred thirties how much we made in the first one So we're gonna get another 130 payment here in the next couple months. Mm-hmm. Is that a buy buy yearly? So you see like how how much more you get in this nine energy than you do for the Milan and the ulterior bond You're getting like two times three.We'll have a payment for that one. I think in the next quarter Because they're doing what they're supposed to I'm not worried about the bonds. I like the bonds I'd like to actually maybe pick up some more once the dust settles because the do you think bonds will actually Be in the buy range again, what's what I'm with like BTI some PDI PDI PDI is overvalued severely.So no, it's not severely It's to the point where you'd like you just you can buy it, but just leave the drip off But it's not like it was when we sold it. Yeah, but bonds themselves I do believe in the next couple of months. Well, there'll be a lot of opportunities and bonds because The Treasury yield keeps going up which means people don't trust bonds but No, right, so that's everything for that portfolio.So that was short and sweet. Yeah short and sweet She wanted to make sure that was short. Look at my hands.I don't know why they're being blue. I Was jerking off smurfs earlier and I got this is smurf smurf jizz. I Got a lighter version of the Smurfs.Oh Jesus So that next week will be the van life on and that one is Doing Ridiculously. Well, yeah, so I just did the math if this quarter stays the same which it doesn't it fluctuates but if we use the exact same quarter payout that we just had for this quarter and you just multiply that by four for a Full year that puts us at about twelve percent. Yeah I'll put back on the stretch of you once there I did the average monthly 1604 year yearly projection is 19 to 51 and a total yield 11.7 for the for the year.I'll see you did it that way I just took the quarter and I multiplied it by four and then I divided by the Portfolio value and I got 12 11.7 is about the same. So on a conservative portfolio like 11 to 12 percent. Yeah, that's really good And you'll see it like if you Compare this one to the van life one that we're gonna come out with next week You'll see like how much more conservative this one is the van life one is crazy Yeah, it is crazy, but it's calculated risk is calculated risk And this is like three four years running and it's growing its face off Like we just said this one grew ten percent in dividend payouts from this one This one the total amount invested was 129.So it's up. What is that? 45,000 it was at 183 at some point but then like it's like a beginning total amount invested was 129 129 Well, how'd you get to 129? That's what it is. So I want to go to Vanguard.That's how much it was invested Okay So there's 129 in this and then initially so it's grown 145,000 in the last three years, which isn't a lot but like it's fairly safe and secure like what for what her mom wants She wants to be able to when she retires Turn the drip off on all this stuff and just live off the dividends, which is 1600 a month Which will be that little would be fine. You combine that with she's getting disability Combine that with her Social Security. She'll have more than enough to live off So this is doing exactly what it should be doing And what was it was constructed to do and the van life one that we go over next week is doing exactly what it was Constructed to do like they're they're we'll discuss that more next week, but So that's next next week.So a podcast is the van life quarterly, and then the week after that I actually did a tabulation and Look, please look through all the weeklies in which were which are doing outstanding I'm actually really excited. I came to the conclusion that We probably should teach a course on weekly dividends because it's like there's a lot of money to be made in it Money to be made or income to be made income and money Income mainly income which is what we care about the most. Yeah, so that's not so see you guys next week same bat time Same bat time same bat channel.That's a Batman thing. If you don't know what it is, you don't know and if you know, you know Maybe we should have had a bat in the background not Pepsi bottles. See you guys. Bye. Bye