We have come to a the end of 2019 and on to a new year in 2020. I have one last course from Feb-April and will be graduating on April 29, 2020 with my Master Degree in Global Supply Chain Management & International Business. I am hoping to find a career using either my Finance degree or my MBA in the near future.
In addition to trying to sustain and grow my dividends and pay off my debts, I am speculating on a couple cheap stocks that I feel may have potential. BNGO being one of those companies I recently have been adding to. I used to own RGEN at $3 something many years ago and sold back then and missed out on what is now a $97 stock. We will see what happens with this company as a lot of these stocks have pumped recently and M&A is alive also.
Overall, 2019 was a decent year with my portfolio returns and in terms of income generation. Let see what I ended the year with.
Friday, December 13, 2019
Time is flying as we are not far from the New Year and it is time to update my dividend progress for the month of November. I look forward to seeing how everyone's 2019 shapes out and it appears that many of us made significant progress year over year. I have a break from school until I take my final class and graduate in May with the MBA.
Wednesday, November 13, 2019
I finished my capstone course for the MBA last week and am down to one final class needed that starts at the beginning of February. Looking forward to graduating in May 2020. The weather here is has turned very cold already. Record low temperatures and a record amount of snow already in November at one time.
Tuesday, October 8, 2019
Hello Everyone! I am getting ready for a conference call tonight with members of a group in my capstone class and thought I could sneak in a dividend update. September was a very nice month for many of us since many large companies pay on a quarterly schedule that falls on September. I have also been trying to accumulate one non dividend stock in the portfolio that is cheap (WTER) that could have potential. It is a speculative company that has not really made a profit which is disappointing, but revenue growth has been strong at over 50% growth for 5 years in a row and the potential of being acquired by a major brand is a possibility in the future. They sell their products in many large stores including Walmart and Kroger under the brand name Alkaline 88 and plan on acquiring AquaHydrate which is backed by Jillian Michaels, Mark Wahlberg, and P. Diddy.
Friday, September 6, 2019
Hello everyone! I have started my Fall semester and continue to work a FT job as I take my second from last course before I complete my MBA degree. I have made a few moves recently which increased my risk and reward. I sold some of my PSEC shares before earnings and used the money to trade options. I made some profits on a couple of those trades so far. School is unbelievably expensive for the amount of income I am making at my job and nowhere near to covering tuition, books, and all these extra fees. On top of all that they keep on raising the rates on me as I progress throughout the program. Therefore I am hoping to make money and save some from trading within the core dividend portfolio to save more, pay off/possibly refinance high interest debt, and invest more down the line without carrying as much of a debt load. Once I finish my degree it will be nice to not have to keep on owing more money.
Monday, August 5, 2019
Hello Everyone! This year is moving by really fast. We are already in early August and I start my capstone class for my MBA in a few weeks. One class in the fall and one in the winter and then I am finished. The costs of this degree is terrible for saving and investing purposes. It also does not come with a guaranteed job and salary. This makes it hard, but I hope it helps me in the future.
Saturday, July 6, 2019
Hello Everyone! I made it through my summer class and am down to my final two courses for my MBA degree. I have a break from school until the end of August which is good. My dividend income may start decreasing a bit due to sales I made to try and reduce my debt levels from ever increasing tuition expenses. June was a pretty good month though for income. I have been trying to build monthly bond fund interest income up in my work 403b account at the same time as keeping track of this individual brokerage account here.