January proved to be a fruitful month for me. I made some investments, crossed some goals off the list and watched as a variety of news hit the various companies I have ownership in.
A few themes that have emerged during earnings season are the appreciation of the US dollar and the concern for Oil. Several companies I own (PM, MSFT, PG) have had issues with currency impacts to EPS. This doesn’t worry me overall, the dollar rises and falls over time. In fact, I wouldn’t mind a few shorter minded folks to sell out of these shares and allow me to pick up a few at cheaper prices. I am looking specifically at JNJ and PG.
I am having a hard time not pulling the trigger on more Oil stocks. I have XOM and CVX on my mind and may end up buying more or each depending on how earnings go. Both of these are investments I am willing to hold for a long time, so maybe a bad earnings report would make me happy right now…
As described earlier, I fully funded my ROTH for the year. I made these purchases near the beginning of the month and apparently that was right before REITs decided to take off. DLR, O and OHI have returned ~12, ~15.5 and ~15 percent so far this year. That’s pretty nuts for any asset class, unfortunately I am not sure these can be considered bargains. I am planning on holding off for the time being on adding to my REIT positions.
About a week ago I added another 22 shares of EMR to the family. I have been reading over EMRs recent results and I am pretty pleased overall with their performance and direction. The ~9% recent raise didn’t hurt either. EMR is currently at a better price than my purchase and if it falls to the low 50s, I will probably add another 20ish shares.
In my Loyal3 account I had $19 and used an additional $50 out of the spending budget (I talked myself down from $100) to invest in UL. This bought me about 1.4 shares.
It was a month of small raises. KMI and OHI raised both of their dividends by a penny, following a trend. I am happy that KMI is raising it slowly, I know there is a lot of eagerness for the $2 dividend that was promised after the merger. However, the market is a little rough and it seems prudent to be more patient. I expect both of these companies to continue raising by at least a penny over the next 3 quarters.
O raised their dividend by 3%, this was the largest raise since 2013.
NSC raised their dividend by 3.5% (2 pennies). I would expect them to potentially raise it once more this year.
I earned a total of $330.77, which is 37% higher than last January ($241.09).
$330.77 of $5750 (5.7% accomplished)
At the start of the month, my 12 month forward dividend was $4761.37 and ended up at $5103.66. My future income is 45% higher than this time last year. Which is great YoY, but growth like that won’t last.
My goal is to increase this to $6100 (increase of ~1339). I am 342.28 of 1339 or 25% of the way there.
I have run at least a mile every day in January (or up to this posting). Feeling great. Weightlifting is on schedule, my first lifting cycle is complete and I am in an active recovery till February 2nd, when cycle 2 will commence.
January just hummed along. No hiccups, I didn’t get any large raises, but all the companies who raised will most likely raise again before the end of the year.
Disclaimer: Long KMI, OHI, NSC, DLR, O, XOM, CVX, EMR, UL