Month: November 2020

Freedom Portfolio Income November 2020

What a great month! Since two of my largest holdings, OKE and T, pay out this second month of the Quarter is always my best. With recent price appreciation future reinvestments will go down but the buy in yields are awesome. I’ll cover details of specific holdings in future posts but for now here is what incoming cash flow the freedom portfolio had this month:

ABBV (Abbvie Inc.)          $524.49

O (Realty Income Corp REIT)       60.00

OKE (ONEOK Inc.)           $3,252.00 (wow)

T (AT&T Inc)       $1,035.42

Total for November:       $4,871.92

All these stocks have seen great capital (price) appreciation with the past couple weeks’ market volatility. Feels good but not necessarily conducive to high reinvestment rates over the next couple years. I am more interested in the growing income stream than stock prices going up.

How did you do this month?

What are your income goals and how are you building a portfolio to meet them?

Thanks for reading

Freedom Portfolio Income October 2020

Probably my favorite time of the month is when I get to look back and total the dividends I’ve received. Solid income with more diversification than a paycheck. Here is what happened this past month:

Realty Income (O) $59.77

Altria (MO) $950.09

Philip Morris (PM) $731.55

Iron Mountain (IRM) $675.68

Total for October: $2,417.09

Not a bad month at all. Everything was automatically re-invested for a long-term compounding effect. I’d compare to the same period last year, but I had a large roll-over this year upon retirement. In interest of keeping my trends clean, I’m starting fresh with this portfolio’s data.

This portfolio is doing very well and is projected to generate an increasing income stream well into the future. I’ve got five years at a minimum before I need to tap into the income stream and even then it will continue to grow with dividend increases and some level of reinvestment.

I’ll save projections for other posts. Hope your income stream is growing and you are on your way to financial independence and freedom.