Man, talk about tough acts to follow. Lanny had one heck month hauling in a crazy $740 in dividend income during this “off” month. Congrats on the great month Lanny! With figures like that, I am setting myself up for yet another defeat in July, which makes perfect sense considering his portfolio is nearly triple the size of mine. However, I have one glimmer of hope this month that can catapult me to fictitious victory over Lanny. What is it? I own more shares of Kraft than Lanny. The question is, will this one-time special dividend be enough to push my dividend income for the month over $740. Let’s find out!
Lanny’s Income & Expense Summary – May, June & July
Remember when we had those posts regarding income and expense summaries? Well.. I’ll be damned if I didn’t realize I haven’t posted about this since the summary for April 2015. Aka – more than 3 months have passed that I haven’t showed any results from the income and expense summary side of my life. I haven’t shown how I am able to fund my investment purchases, how I’ve been able to balance both living and ht epursuit of financial freedom, as well as – achieving the 60% savings challenge. I’m Back and ready to bring it! This is the summary for 3 months that were missed – May, June and July. 
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Weekend Reading – Sunday Night Edition
Happy Sunday everyone. The weather has been beautiful here in Cleveland and August could not have started off any better. It has been a great weekend in the dividend investing community as well and we have spent some time reading a lot of great articles this weekend. It is an infrequent occurrence here on our website, but we wanted to take some time and put together a brief list of some of the articles we thought were great reads. Let’s take a look at our Weekend Reading list, the Sunday Night edition!
Lanny’s July Dividend Income
We are in the heat of summer, which means it’s time to cool down, take a deep breath and see what fruit the month has grown for us in terms of dividend income! Not usually the biggest month of dividends, but there were a few “big” things going on this month that led this to an extremely awesome and record-breaking month of income, one that is going to be very, very hard to beat! Well, enough of the mysterious writing about what happened in this monster month of receiving dividend income – let’s go and take a look at the dollars!
Recent Buy – IBM
As it turns out I was not able to sit on the sidelines too long after my purchase of Emerson Electric last week. On Friday I was paid, which means I had $400 readily available to invest since I have a portion of my paycheck automatically deposited into the checking account linked to Sharebuilder. I have been watching a lot of stocks over the last month or so as a result of the Greece turmoil and the general pullback in the market that recently occurred, which has caused a lot of great dividend growth stocks to become discounted. I purchased one of the stocks on these watch lists, the question is…which stock was it?
Ending a Short Chapter in My Career
This Sunday, I woke, poured my morning cup (or two or three) of coffee and turned on the television. I began flipping through the channels to see what I could watch before I fired up my laptop to begin blogging. I stumbled across a classic, Office Space, and had to watch the rest of the movie. It is one of those movies I have to watch to the finish line, regardless of whether I started watching at the beginning, middle or the end. Even though I have watched the movie time and time again, there was something different about watching it this weekend.
Lanny’s Recent Purchase – DOW
The market hit a nice turn again for the worse, after a earnings have started to be released for companies. I saw the red, the deep red and I had to put in a nice little limit order on a stock, where it was already down over 6% from a price I recently looked at it… I didn’t really thing it would get lower… lower it did. Now let’s take a look at the purchase.


