A dividend portfolio

[Rukh O'Rorke]

Jan 15, 2022 14:55:38 GMT -5 djAdvocate said:

CAIXY was up 20% from it's low.
having said that, it is STILL not back to it's high.
but banking stocks are looking better.

ALSO: I was WRONG about RWT. it didn't make it to $16 by YE. it has been floundering around between 12 and 14 since August, including a pretty scary drop on Friday that didn't hold up. this issue is deteriorating, but I can't fathom why. earnings are up, as are dividends. it now has a yield of 6.12% I am guessing it is dropping because TIPS yields are higher than this stock right now.

on the OTHER side of the coin we have OXSQ. although it peaked in MAY at $5.22, it has been trading between $3,75 and $4.5 since AUGUST, and paying a very respectable 10% dividend, without any signs of backing it down.

I think both of these issues will go higher next year. but nothing like they did in 2021.

good point about the tips, and then the Ibonds are over 7%, but of course limited amount of money one could put in there.

overall inflationary pressures may also be impact what people are willing to invest in for income in other ways too. So with 6.12% for rwt and inflation over that, doesn't seem like a great option for those seeking income. Not even beaking even if the stock price holds steady.

I myself will fill out my ibonds for the year before thinking of putting any more into these. I am 25% there for ibonds.

Previously mentioned, I had evenly split what I considered the amount to put into one position across DSL, RWT, SRET, and OXSQ - about 2700 each. 

DSL had the largest payout - but only because of the special EOY disribution, RWT had the highest appreciation, nearly 1k on a 2700 purchase, about 35% return - which includes the reinvested dividends. the others, in spite of reinvestments, are not good, 2% appreciation for sret, and negative for dsl and oxsq.

Although as you said, these choices seem very solid with steady or increasing dividends, so I'm just building these positions with the dividends, and when the price stays low, means I am buying more. Although, not large positions by any means! Less than 1k/year in total dividends all told, bought this in april, so not a whole year. But I'm still an amature hour player here.

Definitely not a bad decision to invest much more heavily in RY and STAG. O and MAIN have been very solid too.

2022 will be the first whole year on this game. Will see where I get to at the end. I hope, somewhere good....

ETA: TSM also showing great growth and dividend increase over the past year.

[djAdvocate]

RWT just raised their dividend 9.5%
they are going to be 7.2%, so they are competitive again.

[salmotrutta]

re: "Ibonds are over 7%"

That's only for 6 months.

[djAdvocate]

is CAIXY still part of this portfolio?

it is up something like 50% in the last few months.

[Rukh O'Rorke]

Feb 10, 2022 18:56:25 GMT -5 djAdvocate said:

is CAIXY still part of this portfolio?

it is up something like 50% in the last few months.

weird, I didn't see this message early! but yes, I still have the caixy I bought, now it is down though, like everything esle.

currently have about 2k worth. so not a lot.

[djAdvocate]

it went to $1.20 a while back.  i am sure you were in the green, then!

[Rukh O'Rorke]

we were all in the green then!

I am buckling down to the workaday world again, was hoping retirement was going to be possible this year, but scaling back expectations.

I will keep with dripping into this portfolio, going to keep buying ibonds, toe into some tips, and see about maybe buying a little more in this portfolio later in the year.

My usual 401k contributions are going into the market steadily. I have large cap, small/med cap, and international allocations. That account has been weirdly constant in terms of value. Every pay period I put 1k in plus company match of about 400, but the account balance stays about the same.

[Rukh O'Rorke]

Jan 22, 2022 12:50:49 GMT -5 salmotrutta said:

re: "Ibonds are over 7%"

That's only for 6 months.

could go either way at the end of those 6 months. The way things are heading inflation-wise, I don't see a big decrease there happening, could go even higher than 7%.

[Value Buy]

Mar 6, 2022 12:52:15 GMT -5 Rukh O'Rorke said:

Jan 22, 2022 12:50:49 GMT -5 salmotrutta said:

re: "Ibonds are over 7%"

That's only for 6 months.

could go either way at the end of those 6 months. The way things are heading inflation-wise, I don't see a big decrease there happening, could go even higher than 7%.

Years ago when still working, was buying a $25 bond (Face value when mature) every payday for three grandkids. got a whopping 3 to 3 1/2% fixed rate. Gave them to the grandkids when they each turned 19, and all three cashed in and spent it on "stuff". 
Oh well.........

[djAdvocate]

Mar 6, 2022 12:35:47 GMT -5 Rukh O'Rorke said:

we were all in the green then!

I am buckling down to the workaday world again, was hoping retirement was going to be possible this year, but scaling back expectations.

I will keep with dripping into this portfolio, going to keep buying ibonds, toe into some tips, and see about maybe buying a little more in this portfolio later in the year.

My usual 401k contributions are going into the market steadily. I have large cap, small/med cap, and international allocations. That account has been weirdly constant in terms of value. Every pay period I put 1k in plus company match of about 400, but the account balance stays about the same.

not so sure about that.
CAIXY had it's crazy pop A MONTH AGO.  it went up 50%\
unfortunately, most of these dividend stocks have been falling for at least four months.

[Rukh O'Rorke]

so here's a question for anyone following.

wondering how higher inflation should inform my thinking here. with inflation higher than the dividend yield, I'd expect more from growth, which I'm not seeing at all (of course market over all are down)

but I'm not sure how to think about this. Does it matter at all - yield vs inflation, and if it does, what should I look for.

[djAdvocate]

higher interest rate environments make equities less competitive.
that has a couple of POSSIBLE impacts.
the first is that equities will RALLY to mitigate that.
the second is that, if competitive yields exist (they do) that money will flee for those yields.

what this is doing is driving down equities and pouring money into things like TIPS.
that will reverse when inflation signals that it is subsiding.

THAT IS NOT HAPPENING YET.

so, the pressure is on equities, and will continue to be for "X" amount of time.

NOTE: it is not a question of IF, but WHEN the favor returns to equities.  so, i would buy on lows.  certain stocks in this portfolio have already bottomed, imo.  CAIXY was 85 cents not too long ago.  now it is $1.15, and i don't see any way, with a PE of 4.4, it goes back there.  it was insanely cheap at that price.  likewise, MAIN hit major support at 40, and is right back to 43, with a 6% yield.  OXSQ hit major support of $3.75.  

RWT looks like a buy right now, as well.

[djAdvocate]

Rukh:

i might suggest you pick up some URA, unless you are morally opposed to uranium.

Uranium is +35% from November, but these stocks are DOWN.  i think they are quite undervalued, and this fund pays over 5% dividend.

my price target for this is $40 in 2022.

[Rukh O'Rorke]

Mar 22, 2022 18:20:45 GMT -5 djAdvocate said:

higher interest rate environments make equities less competitive.
that has a couple of POSSIBLE impacts.
the first is that equities will RALLY to mitigate that.
the second is that, if competitive yields exist (they do) that money will flee for those yields.

what this is doing is driving down equities and pouring money into things like TIPS.
that will reverse when inflation signals that it is subsiding.

THAT IS NOT HAPPENING YET.

so, the pressure is on equities, and will continue to be for "X" amount of time.

NOTE: it is not a question of IF, but WHEN the favor returns to equities.  so, i would buy on lows.  certain stocks in this portfolio have already bottomed, imo.  CAIXY was 85 cents not too long ago.  now it is $1.15, and i don't see any way, with a PE of 4.4, it goes back there.  it was insanely cheap at that price.  likewise, MAIN hit major support at 40, and is right back to 43, with a 6% yield.  OXSQ hit major support of $3.75.  

RWT looks like a buy right now, as well.

thanks! I was thinking I should stay the course, this helps 

[Rukh O'Rorke]

Mar 28, 2022 16:24:20 GMT -5 djAdvocate said:

Rukh:

i might suggest you pick up some URA, unless you are morally opposed to uranium.

Uranium is +35% from November, but these stocks are DOWN.  i think they are quite undervalued, and this fund pays over 5% dividend.

my price target for this is $40 in 2022.

ooooo uranium would be a hard step for me. I'm against nuke energy, I'll just have to wish you well on this one! Even investing in metals is a bit tough as mining can be such a bad business - environment, employee risk and poor treatment, etc.

I have a few metals, I liked fsumf as it had a female lineup in the csuite, seemed reformed/investing in green energy, but the ceo left a bit ago, so I may rethink. Still watching. May sell for tax losses later in the year.

I did pick up a few extra RWT (and OXSQ) about 2 weeks ago. Not alot! Just about $250 each. Chump change. I tend to impulse buy stocks when I'm feeling low or anxious, lol!

I had also put through an order for some more sret but it's price did not hit my target on the limit order. Would have been better off if I hadn't been so picky! Its been up up up since then.

RWT was up today! about 1.5%.

[djAdvocate]

i saw that move on RWT.

that is why i said "if you can stomach it" on the Uranium stocks.
i get it.

edit: SRET- a fund that you should use as a benchmark- has gone up 7% in the last three weeks.  it could be that war tensions are causing a flight to safety, which would be good for this portfolio.

my best two investments in the last 20 years were both metals stocks.  i loaded up on Capstone Copper at less than 50 cents, and i bought a TON of American Manganese when it was trading between 2 and 4 cents.  both of them are 10 baggers.  that is hard to do in short cycle investing (less than 18 years).

note: if you laughed when i said that less than 18 years is short cycle, cut me some slack.  i am one of those buy and hold for life types.  

[Rukh O'Rorke]

I am def buy and hold!

I’m not trying to beat the market, although I have overall, my main focus is to invest in things that don’t violate my greeny vegan ways, or at least the minimal ist violation while still having a way to quit work and not be an old poor cat lady!

Luckily, I invested in netflix early on, when it was still debatable if they compete with blockbuster. And then bought some tesla at a pretty good entry point. Otherwise I might be underperforming the market. I just need one of those per decade.

Buying stocks of just a few cents a share seems risky. I did it a couple of times, always ended in 0 cents/share!

My latest interest is joby aviation. Bought enough that if they do good will be meaningful and if they 0 out, won’t hurt too bad. I think initial investment was 8-9k now about 6k but had a good day yesterday .

[djAdvocate]

i think that Beyond Meat is a really great company.
i know that it has not performed well.
but the concept is sound.

people need to get over the fact that meat alternatives are not health food.  they are not designed to be health food.  they are designed to simulate meat.

but the next big thing is growing meat rather than slaughtering for it.

goodmeat.co/proof

this company is not public yet.  but i predict that before we die, this is where we are heading.  and when that happens, BYND's techology will be totally obsolete.

if i am wrong, and we never adapt to frankenfood, then BYND is great.  but it might make a decent short play in the longer term if you think like i do.

[Rukh O'Rorke]

I’m long on beyond meat. We love their products. As a veg head for more than 30 years gotta support my peeps ;P

There is significant short interest surprisingly. I attribute that to veg haters.

While manufactured meat would remove the reason I became a veg, not really sure I’d want or be ok with eating it. That said I would endorse it to reduce suffering.

I just don’t know what we’ll do if that come to fruition! But interesting developments for sure.

I hope the beyond meat shorts get clobbered! Sorry if that will be you.

[djAdvocate]

Mar 30, 2022 20:22:49 GMT -5 Rukh O'Rorke said:

I’m long on beyond meat. We love their products. As a veg head for more than 30 years gotta support my peeps ;P

There is significant short interest surprisingly. I attribute that to veg haters.

While manufactured meat would remove the reason I became a veg, not really sure I’d want or be ok with eating it. That said I would endorse it to reduce suffering.

I just don’t know what we’ll do if that come to fruition! But interesting developments for sure.

I hope the beyond meat shorts get clobbered! Sorry if that will be you.

i suck at shorting, and i love Beyond Meat. 

[Rukh O'Rorke]

So - it's tough all over out there!

Been holding steady with this the past few month. these stocks are retaining value better than my growth stocks, down about 13-15% in value from the peak. My growth stocks are down about 40% by comparison (sidebar:  ). BND which I rejected as a bond allocation and substituted with this dividend portfolio is down 12%, so as I've said previously, overall I think this is functioning as intended.

On the plus side with drips, can take some comfort in getting more shares each time.  7 of these pay out dividends monthly, so that is nice to see go through at the lower prices. I'm struggling to get extra money to put into stocks right now (outside of my company's 401k which I despise).  But now that I've finished my Ibonds for the year, will have other money for stocks, just not sure which kind I might want to buy....

Caixy had a very nice dividend this month! Over 5%, but just a shade beneath 4% after withholding and fee from vanguard. Unfortunately, vanguard did not let me reinvest that one automatically, and when I went to buy more, they won't let me buy it at all anymore. Harumph! I bought 2 random shares in July with some extra change in my account so not sure what has changed there.....will try to explore other options to buy more. TD changes a nominal commission for it currently (6.95), but I don't currently have funds available. I used the Caixy dividend money to put in an order for one more share of O and a few OXSQ, will see if these go through Monday. My limit orders anticipated decrreased prices after Friday's bounce.


oooo - just remembered I opened a fidelity account with 100 last month to get a free 100 I ordered 100 shares of caixy and 20 of the doman lumber stock. Fidellity charged 0 for commission, so woo hoo! I did fill out a special form to be allowed to buy penny stocks, not sure if that was a factor, but glad I found a way to purchase these and without commission. Again - I put in limit order below the Friday close, but not shockingly low, but will see what happens Monday. And I guess I've added another $200 to the dividend portfolio after all. 

[Value Buy]

SO, looks like the shorts are winning on Beyond Meat. I believe the best bet for this company is to be bought out by an agricultural  or food conglomerate as more companies come out with meat alternatives.
I really thought this was going to be great company.
I like their product.

[Rukh O'Rorke]

beyond meat!!


diamond hands!

[Rukh O'Rorke]

none of my orders went through this week, I was a teesy bit too stingy, and caixy really popped up so, losing out!

Put in an order for 1 tsm in my vanguard rollover ira and bought 200 worth of cwxzf in the fidelity account - that one executed, and I'm up 74 cents already . I think for the new fidelity account I am going to target 5k into caixy and 5k in cswzf with small amounts monthly.


oops! now I am down a penny!

Thems the breaks kids!

[djAdvocate]

i feel bad about this portfolio.

i can't believe how hard it got hit.

[Rukh O'Rorke]

Jul 5, 2022 1:21:03 GMT -5 djAdvocate said:

i feel bad about this portfolio.

i can't believe how hard it got hit.

did it get hit harder than the broader market? I wasn't paying good attention, I admit.

After I saw the effect of REITs in taxable acct on my taxes, I sold them out of taxable, likely sold while down and maye they are up now? Just checked my tracking, and I stopped in mid June, so nearly 2 months without monitoring this....I need to dig back into it and see where I'm at.

The only one I kept in taxable was fsumf, because it had the tax treatment I expected for dividends. Overall it is down, but not too much vis a vis the dividends earned to date - but it is not breaking even.

The majority of this portfolio is in a 401k rollover, and it remains as listed here. It did got down to baseline - about 153k, which is what I rolled over into it about 2 year ago but has popped up to about 164k currently. 

The other thing I notice with my taxes is that some of these canibalize assets to keep high dividends, and I guess that is not what I am looking for so will eventually sell those out too.


But - I knew this would be a learning experience, and it is! So tweaking as I go and so far nothing too dreadful to report. Overall TLDR: kind of down and kind of ok, will dig into the details at some point in future and make further adjustments.... 

[Rukh O'Rorke]

well, I haven't been keeping account on this one much, but it is really down. so - for the IRA rollover part of this portfolio, I had a transfer check for 153k and it now has a balance of 141k. Two years later.....so down below sept 2020 (when I opened the account with the check from old company 401k) by about 8%.

TSM and Oran are really in the toilet...haven't check on if any dividend been cut that past few months.

I know everything is upped up right now, but this is exactly the type of scenario I was hoping to have less volatility on. Well - I was feeling a bit nauseous about it all and ready to castigate myself further, but the bond funds I bought and sold less than a month later to do this dividend portfolio instead are down 17% and 18% since my purchase 11/5/2020. Holy crap, I hd no idea bonds were down by that much. bought bnd and vgit 11/5/20 and sold 11/30/20 and started buying dividend stocks in 12/20

I guess it is a crap show all around. So far just a medium crap show.

But I don't think the sp500 is lower than it was in dec 2020, just going off graphs. Well I'm better than I would have been in bonds, but maybe not better than index. Things to thing about......need some more solid data on SP500. 

...

I'm back...so value of sp500 from dec 15 2020 to today is down about 3%, not counting dividends, so my portfolio is doing worse.

[djAdvocate]

yeah.  i don't really understand why this portfolio is under-performing.

[Rukh O'Rorke]

Since my last post, been investigating the individual stocks in this portfolio, and I'm not finding any obvious stinkers.

TSM in particular is confusing. Still getting good marks from analysts, October dividend is down but very slightly and it is one of those stocks that typically vary, not a set in stone dividend like the REITs.

So wondering if I should pick up a few more TSM? and by a few, I mean exactly two! Have some dividends that have accumulated in one of my roths accounts that are not being dripped.

stag is another one that is way down, but I can't find any direct cause. they had some exposure to Ian, but the excess drop happened prior to the hurricane, so it is confusing.

After doing all my due diligence, I'm not seeing a bigger issue than the overall market - but it is confusing as the dividends should have insulated these a bit more.

I am not very happy with psec and oxsq, I did sell some of those (all from taxable) but still have a lot of psec and some oxsq. I guess psec is just in line with sp500 losses and oxsq a bit more.

So - without any indication that there are fundamental issues with these - and some were a little more speculative than others, I'm going to let them ride and continue to accumulate with the ongoing drip. Maybe towards end of the month I'll do a spreadsheet update of where I'm at, as a few things I did sell out and never did replace. like ohi - which I was just taking out of taxable but never replaced.

Well, going to let this ride for now. Have a lot of other things on my plate this month, and I did enough research that I am feeling fairly ok to leave this perculate for a while.

And - getting more shares at lower prices isn't the worst right now. Hopefully, nothing serious I am missing.

[Rukh O'Rorke]

So - seems TSM is taking a hit due to potential Chinese aggession, and TSM stated that if china invade, they are shutting down! Gotta admire that, but tough for investors for sure.

Put in a limit for 2 TSM in a roth, seems like an opportunity for a lot of upside if tensions calm, but certainly a lot more risk given the political. 2 shares is practically nothing, but I had the change in the acct and TSM seemed the best play, and can hopefully make up some loses on TSM if the situation does improve. and if not, 2 extra isn't a whole lot.

Also have about 1k that I am looking to put into doman builders. seems unlikely as the bid/ask info is higher than what I put in but will see.

My 2 TSM order went through, CWXZF - weird - no trades to today and large, and equal bid/ask about 15 cents higher than yesterday close, with ask 2 cents higher than bid, and no one budging....almost like a cage match! Fun stuff, or I am easily amused. Anyhoo, my bid is 2 cents lower than yesterday close, so unlikely to go through. But a fun game for today!