05-05-2021, 11:30 AM
(This post was last modified: 05-05-2021, 11:31 AM by ken-do-nim.)
Yeah, my savings crunch is 3-fold:
1. I did that refinance cash-out which added ~$450 to my monthly payment.
2. I now put 10% of my paycheck into company stock to receive the 15% off discount ... but of course that requires selling to receive it back.
3. To do the backdoor ROTH IRA conversion, I moved $12k out of savings. I fully intended to cash out company stock the next month to compensate ... but here we are.
One of the big reasons I'm in ORC, OXLC, RA and other high yielders is precisely because I knew I might need the dividends to supplement my paycheck for the next year or two. That said, I'm pleasantly surprised to see some price gain out of this equity class; OXLC for instance is up 7.48% for me. 7.48% YTD + 11.91% yield, can't complain.
1. I did that refinance cash-out which added ~$450 to my monthly payment.
2. I now put 10% of my paycheck into company stock to receive the 15% off discount ... but of course that requires selling to receive it back.
3. To do the backdoor ROTH IRA conversion, I moved $12k out of savings. I fully intended to cash out company stock the next month to compensate ... but here we are.
One of the big reasons I'm in ORC, OXLC, RA and other high yielders is precisely because I knew I might need the dividends to supplement my paycheck for the next year or two. That said, I'm pleasantly surprised to see some price gain out of this equity class; OXLC for instance is up 7.48% for me. 7.48% YTD + 11.91% yield, can't complain.