What Did You Buy Today?

[ken-do-nim]

(06-14-2021, 04:24 PM)fenders53 Wrote:

(06-14-2021, 04:13 PM)ken-do-nim Wrote: The money forum that I used to frequent before this one had an "elder statesman" poster who advocated that for at least 80% of investors, they'd be better off just holding SPY.

Their is compelling evidence to suggest that is true.  It applies to mutual fund managers as well. 

(06-15-2021, 08:14 AM)ken-do-nim Wrote: I'm going to shake things up a bit today in the Taxable account.  I really want to get to $6000 annually in dividends which comes out to, on average, $500/month, which is the amount I want to spend on vacations per year now that Covid is largely over (at least in America).  This means I need to cut out some of the pure growth and low yield equities I have.  The ROTH is my pure growth strategy home anyway.  I believe this means I need to reach an account yield of 3.125%.

Oh my goodness that was fun!  Too many trades to list, suffice it to say the overall outcome is:
1. Lowest full position in the taxable account is now $2630.
2. E*Trade's estimated annual income is up to $5398.74.  Still $600 to go but that's still a lot of vacationing
3. The only non-dividend producer stock I kept was Air BnB.  I will get Ford, Boeing, and others after I've reached my dividend producing goal.
4. The only other stock with < 1% dividend is Sherwin Williams.
5. Started new positions in Starbucks & British Tobacco.
6. Closed out HPQ even though it has a decent dividend; I will definitely return to it.
7. I lowered VOO to 1 share; it's just there now as a performance benchmark. Added SPUU as well as a benchmark; it's a VOO x2 ETF. So I have VOO (x1), SPUU (x2), SPXL (x3) which I can benchmark all the other equities against.