These were my buys for the month of August:
I bought more of KO, GE & PSEC.
Not that much in buys as I have been saying in previous posts. Saving for the condo so cash is king right now. Found a great spot in NJ, put the offer in, now it’s wait and see! *fingers crossed*
I was strategizing a way to continuously increase the dividend income every month. I am going to focus on buying JAJO positions during the FMAN period (as you can tell by my buys this month being August). FMAN positions during the MJSD period & MJSD positions in the JAJO period. This gives me ample time to capture all the ex dividend dates after the additions. This will consistently make the income higher each month *fingers crossed*
I still have a few stocks that will be new that I will be buying this coming Autumn to finally finish the machine. The machines total holdings will be 24 positions. 3 Monthly, 7 JAJO, 7FMAN & 7 MJSD. I also opened up a ROTH IRA this month to make a similar machine but with more old school stable stocks that should be around longer than me.
This weekend was great because I got to spend time with my favorite cousins. We’ve been so close with each other since literally childhood to now. Always a relief to be around their presence. Took a lot off my mind so moving into the coming work week will be less tiring. I know that I have great family who will support any decision I make as long as it’s good for me. They never changed. Love them.
Life has been a bit stressful this month can’t lie. The firm hasn’t generated much this summer which is giving people time to leisure which is hurting productivity and progression. Never a fan of no work as I am still young & in the accumulation phase. Things always amplify during the fall months so cheers to a busy & healthy season! 2016 has been such a progressive year for me. 2017 should be absolutely incredible if I continue this momentum. *fingers crossed*
Ok, enough finger crossing. With these additions I am now adding 5.70$ to my monthly income, 17.09$ to my quarterly income & 68.34$ to my annual passive income. Incredible. Obviously, these will not set me free, but I can feel the change. Every bit of working capital counts. Let’s see what September brings. Woot woot!