Happy new years and seasons greetings! 🎉🎉🎉

It’s crazy that I can only recall about 4 to 5 years out of 20 where markets left a lasting impression. The last two years have turned out to be massive opportunities for investors and will never forget the lessons attained.

It was astonishing to see what massive amounts of stimulus in combination with low interest rates could do to asset prices.

It’s financial suicide not to ride such events in life. These are massive life changing opportunities, and we will get more going into the future.

So, place your foot in and prepare for the next one because history shows that life is full of surprises and unexpected events. Behind all crisis lies opportunities.

Looks like the time has come for that final update to my perpetual income generating portfolio. Yes, I plan on NEVER selling this portion of my portfolio till my last breathing days.

When the time calls, it’s quite comforting to know that I can fall back on this income for anything.

Enough small talk, let’s get this last update into the books, shall we? 🤠

 

Sell Orders

• Sold some stocks for tax purposes.

Buy Orders

• I decided to sprinkle this portfolio with some exposure to small and mid cap growth using BIGZ now that they got pummeled. 🙂
• I like the fact that I am getting more geographical diversification out of these BlackRock products.

 

Pass Go and Collect Dividends!

 

Dividend Announcements

• Broadcom raised dividends by 13.9% from $3.60 prior to $4.10. 🎉
• Waste Management raised dividends by 14% from $0.57 prior to $0.65. 🎉

 

Portfolio Snapshot

• Monthly dividend is up 23.2% yoy.
• Projected annual dividend is up 21% yoy.
• YTD Dividend income: $9,059.96

 

Highlights for the Year!

• Income has increased by 28%! 🎉
• Portfolio value is up 38.4%! 🎉
• Portfolio CAGR is at 50.8%! 🎉
• Holdings have been reduced from 28 to 18.
• YOC: 4.1%
• Using CEF to generate desired yields while maintaining overweight on tech.
• Using CEF to add exposure to health, bio, life science while generating desired yields.
• Using CEF to add some exposure to small and mid cap growth while generating desired yields.
• Focused on reducing single stock holdings to more passively managed products to sector diversify and automate.

 

And that is a wrap folks! What an amazing year for investors! I expect 2022 to be a much more complicated year for investors. My personal expectations for overall returns for next year rests between 4% and 8%. I hope I’m wrong and markets surprise us with more upside but regardless I am a happy and thankful man!

Stay grateful for what you have and stay hungry for knowledge my friends!

2022 here we come! 🚀🚀🚀