Strategy Adjustment – Taxes… (Series, Part 1)

Very strange article title, isn’t it?  To begin, I love dividend stocks to invest in.  I love the pursuit to financial freedom and to be completely independent in the decision of what to do with my time.  As with that time – happiness is what truly matters, and making a difference in others lives.  I want to do that, NOW, Tomorrow, the next day and so on.  I want to be able to spend as much time with friends and family as I see fit in my life and to help others that are in need.  In doing some “deep-thinking” on how to further expedite this, maximize my money, which buys time, I have changed a strategy of mine.  The target?  Taxes.

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June Dividend Income from YOU the Bloggers!

As the tradition continues, each month we aggregate a list to show how other bloggers in the Dividend Investing community are CRUSHING IT!  We are doing the best we can in reading articles during the busy summer months – so by no means if you aren’t on here doesn’t mean that we did not read your article or will read your article, just at the time of reading we added it to the list.  Bert is over here killing it on his 2nd quarter goals, already, as well as having the best day of his life, ever.  The Cavs (YES YES YES!) won an NBA championship and you can say our city of Cleveland is still in celebration mode.  With that being said – see our June Dividend Income summary from the blogging community.

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Lanny’s June Dividend Income Summary

It’s only right so say — WE ARE HALF WAY THROUGH THE YEAR!!!  On top of that – my Cavs won the NBA Finals and our first championship in 52+ years AND the Tribe are CURRENTLY on a 14 game win streak.  Cleveland could not be on any more fire than they are right now.  What about my portfolio?  Can it keep up with the heat that Cleveland as it’s aura?  Did my Dividend Portfolio spit out the best income it’s ever had?  Well, let’s find this out and see if I hit some big targets!

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Lanny’s Recent Purchase – Target (TGT)

 We all knew I couldn’t wait too much longer to make a purchase.  The stock market has continued it’s wild trajectory, but I was able to strike a big name company when they were starting to climb back up.  Yes, I was able to shoot my bow and arrow at the “Red Bullseye” in one of everyone’s favorite US retailers in Target corporation (TGT).  Very excited and let’s find out why I bought it, the price points and the metrics! 

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My Monthly House Expenses – Mid-2016 Update

Hello everyone!  I wanted to be able to update one of life’s biggest monthly costs that I am chewing on – and that is – the cost of living in my house each and every month.  Surprisingly it has been over 2 years since I have written about my payments that go out each month, and to show the community whether that has changed for better or for worse, even though I internally review this each and every month.  I find more data and time interesting, as it can really tell how well you manage and how consistent you are able to keep with your management & money.  Without further-ado here is my 2016 update to my housing expenses!

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Lanny’s May Dividend Income Summary

Whoo!  Here we go!  The Cavs just clinched the Eastern Conference and are going to The Finals – beginning June 2nd, two of my best friends were married this month and I’m excited to see what opportunities lie ahead going into the last 7 months of the year.  The market has been essentially slightly up since the end of May, but not by much – however, we still do have Tuesday, May 31st to make a statement (I’d be happy with a 5% stock shock downwards… haha).  With that – let’s check out what dividends were received in this month of May 2016!

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The Most Important Dividend Metric in Difficult Times

I was laying in bed thinking of this day and age, the performance of companies and how critical attributes are in determining what is the absolute most important metric for a dividend stock you own.  I began reviewing the list of stocks that I currently own, you name it – Procter & Gamble (PG), Johnson & Johnson (JNJ), AT&T (T) and other big dividend aristocrats and I finally saw the trend of what made my stomach feel uneasy and what made it feel comfortable.  That metric was the payout ratio. Continue reading