Can you believe October 2020 is already over?
Yes I say this a lot but, look at that dog!
“The intelligent investor is a realist who sells to optimists and buys from pessimists.” - Benjamin Graham.
I keep picking up more BRK.B. 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 October 2020
dividend income
For the month of October, I received dividends from 20 different companies.
- I received $2188.34 in dividends for October
- I’m too lazy to find out about 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.
- October is my middle of the road month or my “B” column. A being the most, B middle, and C straight up sucky.
- I won’t increase column B or C just to make it even and buy lesser companies just to stoke my ADHD.
Dividend Increase and highlights
I haven’t been following this too closely as my stocks are fairly passive atm with most of my capital tied up in ETF’s for the moment while I focus on my new ventures.
- 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 $14,000 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.
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 $71,557 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
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