My Investing Journey with Passive Income and Stock Market investing

Category: Value Investing Page 1 of 12

INSANE Returns

All I can say is the returns lately have been absolutely INSANE.

I want to highlight some picks over the last six months here:

1)CHEWY-Chewy just had a fantastic report and is seeing numerous upgrades and higher price targets. I think we go even higher from here. Every time I drive around I see Chewy Boxes at people’s houses to be recycled. Most importantly, they have great customer service and people love this company (and their pets). I have literally been buying more shares every month. I’ll be holding this one a long time! Currently up 46%

2)HOOKER FURNITURE COMPANY-Out of nowhere this has been my turnaround kid. The last six months has just been INSANE with this company. I went from being down in this stock in 2019 to now I am up almost 30%, some tranches up over 120%. This past earnings report was incredible and they just raised the dividend by 12%. I will be holding this smaller cap stock a very long-time as well. Their social media presence really shows the strength of this company with it’s customers.

3)VIRGIN GALACTIC-This is by far one of my riskiest investments. At the same time, the returns have been incredible. I am now up 57%, with some tranches up 85%. At the moment, the company isn’t bringing in any revenues but I think this one could go to outer space sure enough.

4)KAISER ALUMINUM-If you’ve watched this blog, you know I’ve been in and out of this stock many times over the last two years. After the March Crash I saw an opportunity, the stock was at a NINE YEAR LOW. So I dug in and I kept adding. Well, they made an acquisition of a can company; this resulted in the stock going up 10% in one day and another 12% the next. I am now up over 40% in KALU. I knew it would be some nice gains but I thought it would be years before I saw this. I’ll take it!

5)CITIZENS FINANCIAL GROUP-I’ve never bought a bank stock before, I’ve been leery of them for years. However, I kept running numbers/figures on CFG and just firmly believed it was undervalued, trading under Tangible Book value. Turns out I was right and now I’m up over 26% in this one as well, not counting those dividends. What a dividend! It was yielding over 5.5% in some of my tranches. I believe the banking sector is going to be fine with these low interest rates. CFG reported a 1% reduction in interest rate income but non-interest rate income was up over 30%. These banks are going to find plenty of ways to make money.

In summary, this is the strongest my portfolio has ever performed. My Brokerage account which has under performed for awhile is now the HUGE outperformer. On a 3 month basis my brokerage is beating the market by 12%, on a 1 month basis it is beating it by 4.20%. My IRA has slid a bit (underperforming the market by about .5%). However, YTD it is ahead by just a small bit.

I’m anxious to see how I do in 2021. So far 2020 has been a huge success. I firmly believe this is because in my IRA I pulled out before the March Crash and then I went back in buying hand over fist things like Stanley Black & Decker at rock bottom prices. My brokerage account performance was greatly enhanced by my sell of Eaton Vance (Up 53%) and it was my 4th largest holding.

Looking forward to the rest of the year and 2021!!!!!

I just passed $300 in PASSIVE INCOME!

I just passed one of my milestones, breaking $300 in PASSIVE INCOME.

Here is my breakdown of how I did it

1)Patreon $114.96

Patreon continues to be my outperformer, I love this site.

2)Google Adsense $3.04

3)Teachable $58.62

Teachable is where I sell my Digital Music Teaching videos for download and sale.

4)Skillshare $26.85

Not a bad month for skillshare, I generally average around $20 a month from my online music course on the site.

5)Stock Dividends $117.05; Now this is my complete TOTAL of dividends which includes my Roth IRA, Traditional IRA, and Brokerage account. Not all of these dividends can or should be withdrawn today.

6)Digital Products $15.03

This is from sheet music sales. I only sold a few this month.

7)Amazon Affiliate $2.81

This gave me a total of $338.36 in passive income with a total of $239.47 that I could potentially take out as income today.

Lastly, I’d like to end by stating I’m now officially monetized on my youtube music channel so that will add somewhere around 30-40 dollars to my passive income as well next month. Good things coming down the pipe!

JUNE PASSIVE INCOME & MY PORTFOLIO

HERE IS MY JUNE BREAKDOWN

  • Adsense $4.96
  • Amazon Affiliate $2.82
  • Skillshare $9.21
  • Digital Products $24.50
  • Patreon $76.81 (Before Taxes)
  • Teachable $9.21
  • Dividends $12.33
  • Dividends in retirement accounts $101.21
  • Swing trading $37.06

TOTAL PASSIVE INCOME (NOT COUNTING RETIREMENT) $197.35

TOTAL PASSIVE COUNTING RETIREMENT DIVIDENDS $298.56

Some notable improvements, last month I had ZERO Digital Products and Amazon Affiliate income. So even though they are small amounts, it is a positive movement. Patreon, like last month, continues to be the outperforming. My swing trades for the month include ROKU and FACEBOOK, both over an 8% return.


My DIVIDEND BREAKDOWN:

Putnam Municipal Income CEF (PMM) $.26

Marten Transport $0.20

Genpact $1.46

HOFT $10.40

In my Traditional IRA:

IEF $.61

SWK $11.04

Kforce $2.20

Cash $0.01


MY PORTFOLIO

The MAIN thing I’m doing is contributing more and more into ITOT (A total market ETF). I am also selling small portions of VALUE/DIVIDEND stocks like Westrock, Medical Properties Trust, and American Eagle Outfitters.

I want to increase my positions in growth stocks like Chewy, Fortinet, Akamai, and Marten Transportation.

I’m also buying small portions of the gold ETF, IAU. I think Gold still has a little bit more to run before another pullback.

QQQ ETF is Fantastic | My Portfolio

The two main ETF’s I’m buying this month are QQQ and ITOT. QQQ is weighted towards the Nasdaq and technology. I think during this Coronavirus crash, weighing heavier towards technology is a wise move. So far, it has paid off quite well.

I just added $400 to my ROTH IRA and $500 to my Traditional IRA. In addition to the above ETF’s, I’m also buying these individual stocks-Universal Forest Products and Chewy. I am up over 25% in Chewy, it is of course a growth stock. Chewy is a company that specializes in pet foot delivery. We use their services and see Chewy boxes all around us via our neighbors each week.

In this video, I discuss these ETF’s and bring you my dividend report SO FAR for the month of June **More Dividends to come!**


So far, my DIVIDENDS are as follows:

Stanley Black & Decker $11.04, IEF $0.61 for a total of $11.65 in my TRADITIONAL IRA

PMM $0.61 in my BROKERAGE. Lots more DIVIDENDS to come in this account!

In my ROTH IRA, VBILX $6.77

I’m FINALLY able to add to my accounts this month, so, I’m looking forward to watching that money grow in the market.

I am currently sitting at 6%; one of my short-term goals is to get my total market ETF’s/Index Funds up to 25%. I also want to continue increasing my position in Chewy, Universal Forest Products, Marten Transports, and Fortinet. I feel strongly that these stocks are going to GROW big over the next few years.

Lastly, I’ll briefly mention my Swing Trade for the month. I am swing trading ROKU. This won’t be a long-term hold for me, I’m simply looking for a 8% gain. I am sitting at 2% right now, holding a bit longer. Update later!

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