Importance of Striving To Not Do Bad (The LinkedIn Campaign)

I’m a 60 year old, retired, somewhat disabled Veteran of our Armed Forces. I’m an Eagle Scout, an Appalachian Trail Thru-hiker (2,200 miles), former Reserve Deputy in the Sheriff’s Department. I am a trusted member of the FBI’s Infragard (White Hat community of cybersecurity professionals). I’ve gone thru the door with joint teams of deputies and US Marshalls to serve warrants for wanted persons while actively working full-time as Vice President and Senior Vice President roles in Fortune 100 and Music Industry businesses. I’ve held Top Secret security clearances, briefed Generals, deployed to War Zones, been injured horribly several times in the field, Graduated from elite schools at the top of my class. I’ve been neuro-psych tested so many times I can regurgitate the tests. (I passed them all, still).

I’ve led teams of people in all walks of life; military, white collar, Law Enforcement, teams so good technically anybody would put them up against any other. I’ve fought for those teams, sacrificed my own rewards and damn near my own career for some of them.

I’ve got advanced degrees in Computer Science and Finance. I’ve had tremendous impact on industries through their early adoption of technology before, during and after the .Com boom. I’ve been responsible for tens of millions of IT budgets and raised well over $100 million in funding for startups. And, I’ve made and lost ($180 million) in four days because deals signed on a Friday don’t last through a Monday when planes run into buildings. That money would have made it harder for me to be a good person so I was never that sad.

Been There, Don’t That.

I’ve worked for a lot of leaders and a few people assigned over me. For the most part, I saw what I would expect, military leaders are rock-solid having been formally trained and raised in a meritocracy and the larger the company most likely the better a leader the Ceo is. I’ve seen a lot of young entrepreneurs who will succeed because they care about the team they picked to get them there, I’ve seen old, wise Billionaires willing to spend their time with younger leaders to impart wisdom (thanks Mr. Eskind).

I’ve seen leaders and some assigned over me who had strategic vision and believe in what we were doing and knew the rewards would follow, and those who money at any cost was the norm. I’ve seen teams of leaders start health care companies with an idea that wellness should be rewarded and it works. I’ve seen new technologies absolutely storm several industries and the success those that can bring.

I’ve also worked for people that no matter what, they thought they should be rewarded because they deserved it. Regardless of the size of the business, the model, whatever, some leaders think they are worthy of what they see others get. I remind them money is the root of all Evil.

My career ended a little different than I expected. What arrogance to think what I expected would play out. Sure, I got to retire mid 50s and hike the Appalachian Trail. Got diagnosed right in the middle as you know if you have read this blog. The 4-5 years leading up to that retirement was one of heart attacks, strokes, dying in transport from one hospital to another for yet another heart surgery, monthly spine steroid injections, kidney stones, falls, seizures and failed leadership assigned over me in dealing with losing their “Tech Guy” when a deal was in the works for what they thought they were entitled to.

The past 5 years since “retirement” was spent trying to fulfill a lifelong dream to hike the AT, progressing with Parkinson’s Disease at a rate so fast it has its own sub-category of research, having an advanced, computer controlled stimulator (Medtronic Deep Brain Stimulation (DBS)) inserted into my brain. That stimulator allows me to walk, talk, eat and sometimes sleep. It has allowed my cognition to improve to a point I am finally done with the brain fog that set in after my 2017 heart reconstruction. And most important, It allows me to remain alive because without it I wouldn’t remain.

I am in all practicality a cyborg. Damn, pretty cool for a “Tech Guy” but pretty damn scary for a Cybersecurity guy. Absolutely terrifying.

Getting to this current state has been quite a journey. As soon as diagnosed with Parkinson’s my Movement Disorders Specialist (MDS Parkinson’s doctor), began the job of finding the right mix of chemicals to relieve my symptoms and help me live better. Those drugs work several ways but essentially you start with some neuro protective drug (rasagiline for me). From there as you progress, and I did fast just like I did the prior three years, they add the gold standard “levodopa”. Essentially a dopamine replacement therapy that makes it past the blood brain barrier. This helps your muscles system “move” and with Parkinson’s you really start to understand what body processes are controlled by muscle movement.

Since I was hiking the Appalachian trail and using more dopamine than usual, my MDS added several dopamine agonist drugs to the mix. These help dopamine hand around longer than normal for use. They also have horrible side effects, interactions with other medications and can cause cognitive and behavior problems. Couple them with anti-anxiety meds for panic attacks and you have one hell of a psychological profile to manage for a Type A, smart, aggressive, trained warrior who was trying to survive. Add in divorce lawyers, bosses that cared more about their own “deals” than their teams, doctors too aggressive with meds and all you can do is get by and try to do no harm. By the way, rantings on social media aren’t’ harm if they are true.

I do believe that If I hadn’t realized the meds were making me crazy and stopping them on my own, I would not have survived. Luckily I did and was able to suffer along well enough for DBS surgery, the ensuing two years of programming DBS correctly and having stimulation turned up so high I am me again. Seriously, I haven’t been this clear mentally since 2017.

I sit here now, five years retired, a life I never dreamed of, happiness, technology that has effectively “cured” me with emerging hopes of stem cell therapy that will make it permanent. I am off all pharmaceutical drugs, my heart has relaxed now that I’m not responsible for success and failure for Global IT systems that failure means stock price deterioration, failed bonuses and I feel great.

I also sit here, an old man, looking back at a great Career and knowing I can hold my head up every single day because I treated people well and tried to do the right thing. My name, my reputation are important to me because my actions are a reflection of Him and He has high expectations for me and YOU.

Be good. Be good to other people. Care about your teams, Reward people and do your damn job and you will be rewarded.

I’m done. BMI needs new leadership. If that isn’t apparent then I’m blind. The songwriters need their interests looked after not the rewards of a public company management team going to a quasi-not for profit monopoly. Want riches, start or grow a company for other rich people, don’t force a deal that sells out almost a century of history.

Oh, and I’ve warned a lot of you in the past, investigate who works for you. It isn’t’ that damn hard. Hell, give me a call and I’ll do it for you. Getting pretty good at OSINT and love uncovering Evil. Special discount to husbands in a divorce. LOL

Seriously, regardless of skill, if a person is of questionable morals or ethics, do you want them leading your teams?

I’m bored, available for speaking events, light strategic consulting, done both a lot. Thinking about a book. Want to read it?

Hike On!

DBS Pictures eeewww look away

Freedom Portfolio Income January 2021

January dividends are in. $2,464.24 total. Another great month!

January dividends are in and it’s another great month! Hopefully now that the election is over (no comment) and with the New Year we can all settle down, focus on our finances, and enjoy the journey to financial independence.

On to the dividends:

O (Realty Income)    $60.57

MO (Altria)   $969.99

PM (Philip Morris)  $742.58

IRM (Iron Mountain) $691.10

Total: $2,464.24

As you can see, I like the tobacco stocks. Great income and I am confident it will continue for a long time.

Iron Mountain is one of my favorites. I was a customer for a long time, so I understand their business well. That understanding is important to make such a large bet. I believe even with the recent trend towards Cloud Computing, Iron Mountain will remain viable. Too many companies will still need data centers and a lot are going to want to remain independent of the big guys.

These dividends are reinvesting so stay tuned as we watch them grow and grow until I need them at least 5 years from now.

How did you do this month?

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

What macro-economic factors are you looking at as it pertains to your holdings?

Thanks for reading!

Freedom Portfolio Income December 2020

Check out the dividend income in the Freedom Portfolio for December.

Wow what a year 2020 has been. Pandemic, economic doom, stock market drop of over 30% and I retired. Not all bad and proof that if you are financially prepared even life’s tough times can be easier.

This month is my low month for dividend income on a quarterly basis but still a fantastic month for cash incoming. All dividends are still reinvesting (except for RDS.b because of their dividend cut). My general rule is to sell any position cutting their dividend but RDS.b should bounce back nicely and it still had a good yield after the cut. Its good to have investing rules but even better to be flexible when you have put in the research.

On to the dividends:

RDS.b (Royal Dutch Shell) $333.00

EMR (Emerson Electric) $104.59

JNJ (Johnson and Johnson) $102.23

CVX (Chevron) $317.59

O (Realty Income) $60.22

ADM (Archer Daniels Midland) $110.35

LMT (Lockheed Martin) $39.72

SO (Southern Company) $260.42

CHCT (Community Health Trust) $20.02

DOW (DOW Inc.) $266.93

XOM (Exxon Mobil) $232.07

Total for December $1,847.18

What a great month. I love seeing this cash come in each month especially when I am confident in all of my holdings to continue paying their dividends and raising them over the long term.

How did you do this month?

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

Thanks for reading!

Deep dive into the Freedom Portfolio

My Freedom Portfolio is an IRA made up of the rollover balances from my last two employers’ 401k plans. Since I just retired March 1st, I had a particularly good opportunity to buy in near the bottom of the Spring decline in the markets by rolling over my last 401k in early April. That has solidified my personal projections guiding my retirement income.

I purposely chose my IRA to make public because I feel most people have or will experience a similar scenario nearing and in retirement. Transactions inside this portfolio have no tax consequences so some decisions are easier.

The current market value (fluctuates daily with the market) is $547,040.36. There are 17 equity positions in well known, successful businesses. The current yield based on 2020 projected (mostly actual) dividend income is 5.1%. That 5.1% represents over $28 thousand dollars in dividend income I will receive by the end of this year.

All this income was and will continue to be re-invested for the next 5 years at a minimum. I will start tapping into it when I turn 60. By that time I anticipate the income to grow way more than double its current amount. Stick around and watch it grow in real time as I blog about it each month.

Here are current positions along with market values and projected current year dividend income:

Position                                                         Mkt Value          Annual Dividend 2020

T (AT&T Inc)                                                  $59,013.25         $3,467.38

ABBV (Abbie Inc)                                          $47,219.02         $1,536.24

MO (Altria Group Inc.)                                $45,138.41         $2,104.61

ADM (Archer Daniels Midland)                 $15,169.74         $435.03

CVX (Chevron Corp)                                    $22,125.10         $1,086.61

CHCT (Community Healthcare Trust)       $2,158.89           $78.40

DOW (Dow Inc)                                            $20,287.03         $612.14

EMR (Emerson Electric Co.)                       $15,719.78         $408.60

XOM (Exxon Mobile Corp)                         $10,653.70         $915.46

IRM (Iron Mountain Inc REIT)                   $30,660.74         $1,241.96

JNJ (Johnson & Johnson)                           $14,994.54         $398.17

LMT (Lockheed Martin Corp)                    $6,055.60           $158.87

OKE (Oneok Inc)                                          $134,056.77       $9,553.30

PM (Philip Morris Intl)                                $48,311.07         $2,109.06

O (Realty Income Corp REIT)                     $15,641.39         $703.83

RDS.B (Royal Dutch Shell)                          $34,650.00         $1,514.56

SO (Southern Co.)                                       $25,179.41         $1,013.50

Total                                                              $547,034.44       $28,109.17             

Looking at the Freedom portfolio one quickly notices that 24.5% is represented by one holding OKE (Oneok Inc). I did not intend to overweight this much in one company and may need to think about rebalancing in the future but right now I am confident in this investment. I have huge capital gains on it, I have huge dividend yields and I feel the dividend is safe, so I am letting it ride into retirement.

The other serious weighting is by industry. The freedom portfolio has $201,485.57 in Oil and Gas representing 38.5% of the total.

I spend a lot of time on this portfolio, following the businesses, listening to the community and right now I am comfortable with these decisions. This portfolio is a key to my retirement, and I like it.

Of course, all these numbers fluctuate daily as the market churns with volatility. A patient investor can look past a 30% market drop like we had earlier in the year and watch their investments rise as it recovers. Whether that takes one year or many years, as long as the dividend is paid, I’m happy. My job is to assess the business as events occur as best I can. Not rocket science but does take some diligence that pays off with multi-generational financial independence.

That is all for now. Ill do one of these deep dives once a Quarter or so. Future ones will allow some comparisons by Quarter etc. They will also give readers a good sense of managing a real portfolio and hopefully motivate you to your own dividend success.

Thanks for reading.