DIVICENTS
Well, July has come and gone and it’s time to look back at my savings rate for the month. As you can see in the chart below, July was a big drop!
My total income for the month of July was $3050
My total hard cap expenses for the month was $1300
The total savings into my investment account was $1000
My total savings percent for the month of JULY was 32.79%
That left me with $650 of disposable income for the month, not bad but I knew it was going to be tight. (more…)
I received $380.16
in dividends in JULY.
Every quarter there are 3 months or dividend payouts, this is the smallest one.
| Monthly Dividends per Year | 2016 | |||||
| Month | 2015 | 2016 | 2016 $INC | 2016 %INC | Q OVER Q INC | |
| April | $201.00 | $313.00 | ||||
| July | $200.00 | $380.00 | $180.00 | 90.00% | 21.41% | |
Last July my dividend total was $200 giving me a year over year increase of 90%!
My quarter over quarter increase was 21.41% and my total dividend haul this year is now $3221.
Is it just me or does anyone else feel like Gollum from lord of the rings every time you receive a dividend payment? My PRECIOUS!!
The Dow hit a record high in July off weak earnings.
I like to use the Schiller P/E ratio to gauge the value of the overall market.
July – S&P 500 had a Shiller P/E: 26.9.
That is 61.1% higher than the historical mean of 16.7
Prof. Robert Shiller of Yale University, who won the Nobel Prize in Economic Sciences in 2013 – invented the Schiller P/E to measure the market’s valuation. Schiller also predicted the crazy P/E ratios of the late 90’s would turn out to be a bubble.
I continue to move to safety.
Total Purchases $5580
Total Sales $1997
I sold 100 shares of KMI this month.
I bought 219 shares of TSE:XLB Canadian Long Term Bond ETF for $25.47 per share for a total of $5577. This brings my total share to 299. I plan to add more of this next month unless the market drops in which case I will buy more stocks.
I will look to buy if the DOW gets as low as 17000.