Monthly Portfolio Update – June 2014

I allocated extra capital in securities that I wrote in Watch list for June: Kinder Morgan Inc. (KMI) and Vanguard Natural Res LLC (VNR), with current dividend yields of 4.71% and 7.98% respectively, and later one distributes monthly, we’ll happily love those 🙂

I bought 30 positions  in KMI and 35 positions in VNR. At current yields, these 2 securities will cumulatively add $138.60 annually to my passive dividend income. These were added in Roth IRA account where you do not pay any taxes when you them take out. This will take me closer to be financially independent in 12 years and travel around the world in exotic and beautiful places and shake some legs as well 😉

This Roth IRA account would serve as an insurance towards government’s propensity to tax hard-working citizens and beat the crap out of them 🙂  Thanks to the ballooning budget deficit, I see miles long red ink over there and a small amount in these accounts is highly desirable, and what I call a responsible act to save our skin.

Currently, I’ve got 4 Portfolios: DRIP, HID1, HID2 and a recently added Roth IRA account. New capital is distributed across these 4 portfolios in both taxable and tax-free accounts so that I’ve freedom to enjoy my passive dividend income whenever they are able to cover all my expenses. I also contribute towards 401K account in order to get employer’s match and help lower taxes as well.

Thanks for reading. Have a Happy Independence Day!

How did your portfolio perform in June ? Any interesting thing occurred in your portfolio.

4 thoughts on “Monthly Portfolio Update – June 2014

  1. 12 years until financial independence, I hope you make it there! I am looking at more like 19 years… but that is because of expected life changes in the process.

    I also enjoy the ROTH IRAs and plan on utilizing them to make a ROTH pipeline. I have the time to build up 5 years worth of withdrawals (helps that I am married, so our collective contribution amount is double that of an individual).

    1. HI Kipp,

      I’m into 3rd year of my FI journey and these have been wonderful years. My portfolios are almost kissing $40K.

      Totally agree. Roth IRA accounts are fantastic to grow your money w/o paying any taxes.

      Thanks for stopping by.

      Best wishes.

  2. Thanks for sharing your most recent portfolio update with us. Glad to see you started a ROTH account. Always nice collecting those dividends without having to pay taxes on them each year.

  3. Hi Keith,

    Absolutely. Its a great community to share the ideas and portfolios. I also learn by sharing my Portfolios and getting new ideas on the way as well.

    Could not agree more! I would say everyone should have a skin in the game by owning Roth IRA.

    Thanks for stopping by! Appreciate the support.

    Best wishes.

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