08/31/2016 Interest BANK DEPOSIT SWEEP
08/26/2016 Dividend C Popup CITIGROUP INC NEW $16.00
08/23/2016 Dividend HCP Popup HCP INC $5.75
08/19/2016 Dividend AAL Popup AMERICAN AIRLINES GROUP INC $1.00
08/18/2016 Dividend COF Popup CAPITAL ONE FINANCIAL CORP $16.00
08/15/2016 Dividend KMI Popup KINDER MORGAN INC DEL $10.00
08/02/2016 Dividend POT Popup POTASH CORP OF SASKATCHEWAN INC $5.00
08/01/2016 Dividend DE Popup DEERE & CO $6
- January: $134.54
- February: $241.38
- March: $878.07
- April: $141.29
- May: $47.75
- June: $744.26
- July: $32.57
- August: 60.95
- Total: $2880.81
This months marked the highest in stock gain from my portfolio since the exodus of capital from my taxable account to go into the investment property. Largely due to Bank of America has gone back up to $16. While I was on vacation in Cozumel, BAC was back down to $11 and I bough 1000 share to average $13. If Brexit continue to be a threat, I can see share price of BAC will go back down to the low teens, or even single digit. If that is the case, I would not hesitate to unload my cash pile to buy some more. For now, I am happy to collect my 3% dividend yield from BAC as the company dividend raise will kick in this month.
Dividend front for August is quiet. But it is also quietly building up my wealth without me doing any actual work. If work was anything like the last week of midnight shift on a regular basis, I would rather pull the trigger now.
One huge blow to earlier retiree who are considering getting on Obamacare once they call it off, some of the big insurers are pulling off from the market place. This certainly will make Obamacare more expensive to a lot of people. I am hoping Hilary will win so she can help improve Obamacare of universal insurance of some sort, if that is the case, taxes for passive income might be raised, but then again, the Democratic Party agenda generally favor the “low income” people. Notice that American are taxed on what we earn, not what we have, so my networth will be largely untouched, as my passive income is artificially low at the first glance, but it is livable income. 🙂
There is a big chance that Trump might win big, as he is disclosing he does not hold stocks now, he might shake up the market so his family will buy like crazy. You bet there will be a lot of insider trading when he is president. We will see how this election play out. 🙂
Are you going to be relying on Obamacare when you call it off? Or trying t get on parttime work so you don’t have to relying on the government plan?