Tuesday, August 16, 2016

Mortgage Balance (UPDATE) - AUGUST 2016

If you have viewed our family's Net Worth Page, you probably already know that it does not include the equity in our home.  Although, we do realize that it is technically part of our overall net worth, we decided that since our home equity is not an asset that we can count on for income (unless we sell and buy something cheaper) we would exclude it from our net worth calculation.

For the purpose of this blog, we are more interested in documenting our loan balance rather than our home equity.  With that said, we will use the current Zillow value as our estimated home value and use it to figure out the percentage we owe on our home. For those interested, we will include the amount of our home equity, but know that we are less concerned with the equity since we have no plans to cash out or otherwise sell our home. Our main goal is to pay off our home on or before my retirement date. 


HOME VALUE:
According to Zillow, our home is currently worth: $804,283 (up $4,853 in the last 30-days).  And compared to our post in JUNE, we actually saw our home value grow a total of $9,685! (from $794,650 back in June).  

It's fun to calculate and certainly makes you feel a little bit more wealthy but, if you follow us, the reality is that whether our home prices rise or fall, it really doesn't mean much to our family as we have no intentions to sell or otherwise move.  We are very lucky to be able to say that we love were we are and couldn't see ourselves living and/or raising our family any other place. :)

Mortgage Balance (As of August 1st):
$300,589 (down $3,746 from our post in June)

Percentage Owed:
37.4 38.3% (down 0.9% from our post in June)

Home Equity:
$503,694 (up $13,379 from our post in June)
   
Mortgage Background:
For those that have not read the Preface on our home equity, we currently hold a 15-year fixed rate mortgage at the incredibly low rate of 2.875%.  My goal is to retire within 10 years and 10 months (130 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 11  years and 8 months (140 months) left on our mortgage.  Nevertheless, I would like to have it paid off in another 10 years (or less). If we accomplish that, I plan to use the last few years to aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 

Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 6-9 years, we may consider using money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.
  
Click on the link below to view our mortgage balance history:

Saturday, August 13, 2016

JULY 2016 - DIVIDENDS RECEIVED

Below is a recap of the dividends that we received from our family's dividend stocks portfolio –  July 2016 (recap).

DIVIDENDS

During the past month, our family received dividends from a total of 13 companies/ETFs/Partnerships!! The total dividends received from those 12 companies/ETFs/Partnerships was: $341.43

Below is a breakdown of the dividends received this past month:


WELLS FARGO INVESTMENT ACCOUNT:
07/01/16 - GPC (Genuine Parts Co): 3.29
07/01/16 - THFF (First Financial Corp): $7.50
07/05/16 - BPY (Brookfield Property LP Partners): $9.83
07/08/16 - CIG (Companhia Energetica De Minas): $18.33
07/15/16 - WPC (W P Carey Inc): $5.88
07/15/16 - VER (VEREIT Inc): $61.88
07/15/16 - OXY (Occidental Petroleum Corp): $15.00
07/15/16 - ARI (Apollo Commercial RE Finance Inc): $58.10

07/25/16 - GE (General Electric Company
): $6.90
07/27/16 - ORCL (Oracle Corp): $1.65
07/27/16 - BNS (Bank of Nova Scotia): $8.16
07/29/16 - AMTG (Apollo Residential Mortgage Inc): $99.49

EDWARD JONES INVESTMENT ACCOUNT:
07/27/16 - CMCSA (Comcast Corp): $45.42

OVERALL DIVIDENDS TOTAL THIS MONTH: $341.43


In case you interested, our family's dividend stocks portfolio 
may be found by clicking on the link below:

Wednesday, August 10, 2016

RECENT BUY : (NYSE: AAPL)

We Recently Purchased The Following (DELAYED POST):

Apple Inc (AAPL)
Purchased 6 shares of AAPL on 6/24/2016 at $92.88
Total Spent: $557.28; added $13.68 in forward dividends.

With the market steadily climbing since February, we haven't made many purchases this year.  However, on June 24, 2016, we managed to picked up 6 shares in Apple Inc (AAPL) at our limit price set at $92.88. In all we spent $557.28 which added another $13.68 to our yearly dividends. 

Apple Inc (AAPL) currently pays 2.10% in dividends and has an attractively low payout ratio of 27.6%. Although AAPL does not have a long history of paying dividends, it has continued to raise its dividends every year since it began paying dividends back in 2013. 

Below is the consensus rating from the majority rating of more than 800 financial institutions (found on my Wells Fargo Advisors account log in):

As of 7/27/2016:

  • Current Rating: Outperform
  • Target Price: $124.06

Company Description
From Google Finance:
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

With our recent purchase of Apple Inc (AAPL), the estimated forward dividends for our family's dividend stocks portfolio grew another $13.68, putting our yearly dividends at approximately $3,253/year (excluding our Edwards Jones account) and $3,638/year (including our Edward Jones account).  

Since did not previously own Apple Inc, the recent buy of AAPL added yet another dividend paying company to our family's dividend stocks portfolios (WF and EJ Accounts). The total stocks held in our family's dividend stock portfolio is now 54 different dividend paying stocks/ETFs and also 5 companies that either don't pay a dividend our has currently suspended their dividends.


Our family's dividend stocks portfolio may be found
by clicking on the link below:

We also maintain an extensive list of stock analysis
that can be access through the link below:

We also just started a list of Recent Buys by other bloggers
that can be access through the link below:



HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:


Apple Inc (AAPL)
P/E: 12.71
Payout Ratio: 27.6%
Dividend Yield: 2.10%
Dividend Growth Rate (3yr AVG): 10.21%
consecutive years of dividend increases
Last Ex-dividend date: 8/4/2016
Next Ex-dividend date: approx. 11/4/2016
Have paid a dividend since: 2013 (3 years)
Pays a dividend 4 times a year
Market Cap: 591.2 Billion
52-week high: $123.82
52-week low: $89.47

Purchased Price: $92.88


What are your thoughts on of recent purchase?


What are you buying?



Sunday, August 7, 2016

Net Worth Report (August 2016 Update)



Originally, I was only planning to provide annual Net Worth updates.  However, since I am now part of an active list of bloggers who provide their net worth on Rockstar Finance's page - The Ultimate List of Blogger Net Worth, I have decided to start providing quarterly updates.  Providing quarterly updates will allow us to keep our readers more updated with our overall progress towards Financial Independence. It will also allow us to stay accurate and current on the Rockstar Finance's Ultimate List of Blogger Net Worth. ;)

To close the year, our family net worth is as follows:

Retirement Savings:                      $ 438,284
P2P Lending Accounts:                   $  17,882
Dividend Stock Accounts (DSA):     $  77,950
DSA - Surplus Cash:                      $  19,430
College Savings Accounts:              $  59,972
Cash and Savings:                         $  68,542

GRAND TOTAL
$682,060
(Increase of $44,796 since January 2016)

Although we do not count it as part of our Net Worth,
it is still nice to know that our Home Equity is:
$502,948*
(Increase of $51,541 since January 2016)

Although we don't consider our home equity as part of our Net Worth, we understand that some people do.  So for those who include home equity in their Net Worth, our family's net worth would be considered: $1,185,008 (Increase of $96,076 since January 2016).  It's a pretty awesome figure when you include the home equity but until we can accumulate 7 figures without our home equity, I refuse to consider myself a millionaire. 

* Although others do consider home equity, and even cars, collections, etc. as part of their net worth, it is our opinion that since these items are not very liquid and the value of these items is highly dependent on what others are willing to pay for them (at the present time), we have decided not to consider these type of assets as part of our family's recognized net worth.

Friday, August 5, 2016

WE'RE BACK! And with photos to share!!


6 Week Hiatus:
Well, it has been roughly 6 weeks since I've even logged into our blog.  During that span, our family had a nice family vacation that spanned across four states, I had a personal injury that would have made it difficult to type, but most importantly, I had a chance to sit back and evaluate everything in my personal life as well as our blog. The break was nice because I got to spend more with the family and also had more time for myself. But I have to admit that I did find myself missing blogging at times.  

As much as I do enjoy blogging and sharing our journey with everyone, I have to say that prior to the break, it had become more and more of a chore than fun.  Moving forward, I still plan to continue blogging and sharing our family's journey but I will likely discontinue some content in an effort to reduce my obligation to the blog.  

I hope everyone can understand where I'm coming from. I want to make blogging fun again! I want to look forward to going on our blog to share a new family accomplishments or experiences! With that said, I truly see this blog possible becoming more personal and than financial, at times. I hope that by mixing up the content, it will help make blogging a bit more fun for me again. :)

Summer Road Trip 2016:
Although our summer road trip was planned, our hiatus was not.  Believe it our not, I had every intention to keep blogging throughout our family vacation. Well, I guess that I am living proof that things just don't always go as we planned. Throughout our trip, I kept saying that I'll just blog tomorrow.  As several "tomorrows" had past, blogging became less and less important and spending time with family and enjoying my vacation became my priority. Based on my recent experience, I will say to everyone that it is very important for your blog, your business, your work, your family, etc. that we all periodically take breaks away from the daily and weekly grind! Chances are, after a nice re-charge of the batteries, you will come back with greater passion and desire. Our family road trip certainly helped me do just that!

Here are a few photos of places we visited during our family's summer road trip. Enjoy!!

Elephant Rock - Valley of Fire, NV

Virgin River - Zion National Park, UT

Horseshoe Bend - Glen Canyon - Page, AZ

Lower Antelope Canyon - Page, AZ

Grand Canyon National Park, AZ

Sedona, AZ

Watson Lake & The Granite Dells - Prescott, AZ

During our summer road trip, our family complete a total of 6 hikes! It is official! I've now completed my 2016 fun goal of 26 hikes and am now moving on to take on the 52-week hike challenge.  To date, I am now up to hike no. 40.  With 21 weeks left in the year and only 12 more hikes left to finish my 52-hike challenge, I'm feeling pretty confident about my chances! :)


Thursday, June 23, 2016

Mortgage Balance (UPDATE) - JUNE 2016

If you have viewed our family's Net Worth Page, you probably already know that it does not include the equity in our home.  Although, we do realize that it is technically part of our overall net worth, we decided that since our home equity is not an asset that we can count on for income (unless we sell and buy something cheaper) we would exclude it from our net worth calculation.

For the purpose of this blog, we are more interested in documenting our loan balance rather than our home equity.  With that said, we will use the current Zillow value as our estimated home value and use it to figure out the percentage we owe on our home. For those interested, we will include the amount of our home equity, but know that we are less concerned with the equity since we have no plans to cash out or otherwise sell our home. Our main goal is to pay off our home on or before my retirement date. 


HOME VALUE:
According to Zillow, our home is currently worth: $794,650 (up $7,300 in the last 30-days).  I really don't understand how Zillow comes up with their 30-day gains because based on our calculations (with numbers from our post in MAY), we actually saw our home value grow a whooping $21,283! (from $773,367).  

It's fun to calculate and certainly makes you feel a little bit more wealthy but, if you follow us, the reality is that whether our home prices rise or fall, it really doesn't mean much to our family as we have no intentions to sell or otherwise move.  We are very lucky to be able to say that we love were we are and couldn't see ourselves living and/or raising our family any other place. :)

Mortgage Balance (As of June 1st):
$304,335 (down $1,867 from our last post)

Percentage Owed:
38.3% (down from 1.2% from our last post)

Home Equity:
$490,315 (up $23,150 from our last post)
   


Mortgage Background:
For those that have not read the Preface on our home equity, we currently hold a 15-year fixed rate mortgage at the incredibly low rate of 2.875%.  My goal is to retire within 11 years and 0 months (132 months) so we are setting out to pay off our mortgage on or before my retirement date. Right now we are a few months behind the target retirement date. Currently, we have approximately 11  years  -10 months (142 months) left on our mortgage.  Nevertheless, I would like to have it paid off in another 10 years (or less). If we accomplish that, I plan to use the last few years to aggressively build our passive income to help supplement our retirement and defer tapping into the 457K as long as we can so it can continue to grow. 

Right now we are not putting any extra money towards the principal given our low 2.875% interest rate. We feel that we could make our money grow faster by investing it and while keeping the money more liquid. At a certain point, maybe in 8-10 years, we may consider using money from our investment accounts to wipe out the remaining mortgage balance.  Until then, we will continue to grow that money outside, rather than have it locked into our home.
  
Click on the link below to view our mortgage balance history:

Sunday, June 19, 2016

Stocks Added to Collection of Stock Analyses - June 2016 (Week 24)

For those who are not yet familiar with our extensive collection of individual dividend stocks. The entire collection is currently comprised of 1,235 stock analyses (and still growing). The collection essentially provides links to various stock analyses that we found throughout the dividend blog community since 2013. Last year we added a total of 445 stock analyses to the collection. If you would like to view archives from previous years, please follow the respective links provided at the end of this post. 

2016
Our currently readers already know that we recently began providing weekly updates. We started providing weekly updates back in November of 2015 and we are committed to continuing with the weekly updates throughout 2016. We hope the weekly updates not only provides more value to our readers but also helps ensure that we continue to keep our collection up to date.  Our 2016 Collection is now comprised of 241 stock analyses to date.
     
June 2016 - Week 24 of 52:
Below is a list of newly added stocks analyses for the 3rd week of June: 
  1. Aflac Inc (AFL)
    • by Dividends Growth Stocks
  2. Apple Inc (AAPL)
    • by Dividends Growth Stocks
  3. Canadian National Railway (CNI)
    • by Simply Safe Dividends
  4. CVS Health Corp (CVS)
    • by Stock Blog (German)
  5. Hormel Foods Corp (HRL)
    • by DividendTIME
  6. Intel Corp (INTC)
    • by Italian Dividends
  7. Johnson Controls (JCI)
    • by Sure Dividend
  8. Procter and Gamble (PG)
    • by Sure Dividend
  9. Target Corp (TGT)
    • by Divgro
  10. Texas Instruments (TXN)
    • by Simply Safe Dividends
  11. Union Pacific Corp (UNP)
    • by Roadmap 2 Retire
  12. Union Pacific Corp (UNP)
    • by Simply Safe Dividends
  13. Walgreens Boots Alliance (WBA)
    • by Sure Dividend
                  Links provided directly in this post!

                  Please feel free to leave me a message if you prepared a stock analysis that I did not include in my post.  I would be more than happy to add your stock analysis to both this post and our collection of stock analyses.  Please make sure to confirm that it is a dividend paying stock and that it is a individual stock analysis.
                    
                  My goal is to make this collection become the centralized source where one begins their research on a particular dividend stock company or at the very least, a source to confirm if a company stock is worth buying. Whether your a beginner or a veteran, I want this list to become an invaluable reference tool for you all. Best part, unlike other subscription based sites, I plan to keep this completely free for everyone to enjoy and benefit from.

                  Feel free to share with all of your friends and family! 


                  Click on Link Below

                  2016 - Collection of Stock Analyses

                  (Archived 201520142013)



                  Also don't forget to check out our:

                  Collection of Recent Buys