The Investment Road to Freedom

August 4th, 2014 at 6:24 pm

July 2014 – Month in Review

New Purchases: $235

  • In my Loyal3 commission free account I brought 0.6257 shares of Wal-Mart (WMT), 0.2319 shares of Disney (DIS), 0.3171 shares of Starbucks (SBUX) and 1.4555 shares of Apple (AAPL).

Sales: None.

Option Trades: ($6.99)

Coca-Cola (KO) – BTC Aug2014 $40 put at $0.15 x 100. This cost me $29.99 after commission. This is in my Taxable account.
Ford (F) – STO SeptWK1 2014 $17.50 put at $0.38 x 100. This earned me $23.00 after commission. This is in my Taxable account.

The reason for these option trades is that I already had 100 shares of Ford in my taxable account that I had a covered call on that was in the money. My long term plan is to always have another 100 shares in reserve that I can use to recover any covered call that is going in the direction I do not want. For this particular option I choose to close by KO put early and take those profits.

Dividends: $2.44

  • Coca-Cola (KO) – $2.44

Made $0.20 more than July 2013. Not much but July is normally a slow dividend month for me. That will change in the future. 2014 dividend income now stands at $94.35.

Forward 12 Month Dividend Forecast: $279.06 +1.65%

I should break the $300 mark by the end of September .

Deposits: $790.66

Out of the last 7 months this is the best. Out of this $790.66, $160.66 went to my 401K, $400 to my Roth IRA, $20 went to my taxable, $25 went to Lending Club and $195 to Loyal3. Total deposits for the year stand at $4261.87 or an average of $608.84 per month. My goal is $1000 so I need to really pick this up.

Investment Road to Freedom fund value:

The fund value stands at $31697.90. +2.27%

The breakdown of the individual accounts show

  • 401k = $12988.04 +1.80%
  • IRA = $6460.86 +3.22%
  • Taxable = $7080.92 +0.25%
  • Other = $1922.06 4.28%
  • EF = $183.93 +7.65%
  • Lending Club = $369.37 +7.89%
  • Loyal3 = $2692.72 +12.59%

Credit Card Debt: $2100.42 -6.40%

Working on this. This is 0% rate

Car Loan: $28895.13 -1.46%

Slowly paying this down.

Mortgage: $173795.91 -0.13%

Our monthly payment is $1210. Zillow estimates the home value at $244k.

Income from Pay: $4123.26

My take home amount.

Income from Credit Card Rewards: $50

This was from my Wells Fargo CC. I am at $416.20 for the year.


Highlight this month was the deposit amount of $790. I’m aiming to get over $800 for this coming month and I feel confident I can do that.  I’m getting ready to make another purchase in my IRA in the next 6 weeks. I have 8 shares of KO and I will be buying another 92 when I have the full amount of funds available. I will then be able to do a covered call on that stock.

Hope everyone had a great month!