Can you believe November 2020 is already over? (close to it eh)
Lets see what’s shaking.
“The wise man walks with both eyes open, the foolish invest in pot stocks.” - Benjamin Graham.
I keep picking up more BRK.B.
It’s rather expensive right now but so I’m just going to keep banking cash until I see a good entry point.
I am very overweight in Berkshire but I don’t view that as a terrible problem to have. Warren Buffett is even more overweight in this company than I am!
I plan to keep adding more BRK.B and some low dividend ETF’s to my taxable account every month. My dividend increase will remain fairly steady until I get raises from existing companies or until the start of next year when I will have more room in my tax-free accounts.
Let's check out what happened in November 2020
dividend income
For the month of November, I received dividends from 16 different companies.
- I received $1,775.61 in dividends for November
- I’m too lazy to find out how much was non-taxable, but it’s most of it.
- I’m keeping the bulk of my portfolio in lower dividend stock with higher growth (see CN rail) because the tax-free accounts have a very low ceiling for new capital.
- November is my worst of the road month or my “B” column. A being the middle, B being the garbage, and C straight up G.
- I won’t increase my lower months just for the sake of it.
Dividend Increase and highlights
I haven’t been following this too closely but I will go though my stocks and do a 2020 raises list. Ill start below.
- TFII increased its dividend by 12% 🙂
- AQN increased its dividend by 10%
- Alaris increased its dividend by 7%
Nuts and bolts
How much free money?
I’ve earned $15,371 in dividends so far this year. Not bad taking 3 months off. I guess I’m averaging above 2 grand a month right now, give or take.
My total income from last year was $17,804. So that leaves me with $2,432.99 to equal last year’s total. My December haul is the largest of the year as I receive bi-yearly dividends in June and December. I should easily get over $3,000.
It’s crazy to think I earn about the same per month now as I did for a full year in 2014!
| Year | Total Dividends Received | Total Yearly Div Increase |
|---|---|---|
| 2014 | $2,421.00 | $2,421.00 |
| 2015 | $4,169.00 | $1,748.00 |
| 2016 | $6,192.86 | $2,023.86 |
| 2017 | $10,760.51 | $4,567.65 |
| 2018 | $16,223.07 | $5,462.56 |
| 2019 | $17,804.61 | $1,581.54 |
| 2020 | $19,106.32 | $1,302.21 |
| Total | $76,677 |
Since 2014 I have received $72,942 worth of dividends. This does not include any capital appreciation.
what can I buy with all that free money?
I’m going to do this at year-end. My goal was to have enough dividend money banked up to buy a house. Maybe in December…
Until next time.
Stay classy Fire bros