Let’s start off with a little bit of self congratulations, on February 24th the IRAs set a new high of $48,007.29. They have since settled back down below that but it puts things on a good footing heading into March. And with March here that means its time to break down February, so jumping right in…

First up is the Taxable and it gained $121 (3.24%) which is in line with January’s $115.49 (3.58%).  Of that $67 was from options selling and that is up from $45 in January. Everything looks fine there,and I have a new strategy I’m looking at; Put Credit Spreads (PCS). I already sold 1 on TSLA  and made $60 (12%) on $500 collateral, but it isn’t represented in February’s review and will be on March’s instead since it was taken late Friday and expires next week. That will give me some time to sort out some much needed details. I will say that Dividend Capture is still going to be the number 1 strategy across all the accounts, even the Taxable, and PCS will be supplemental and limited to the Taxable account for now. Diversification Holdings are down $11.53 (-0.98%), I had 1 buy of a single share of BBY to bring it up above the minimum of 3%. Yearly dividends rose $2.20 to $31.27, dividing that to monthly makes it $2.61. I also put $100 into crypto in the form of Dogecoin. I am cautiously optimistic in crypto, I don’t know whether Bitcoin is a bubble or not but I think if Crypto is here to stay that these different coins are going to find niches to survive and Dogecoin may have a niche. So i might be putting more into the different crypto alt coins. I’ll just have to do more research on them. I do have a hard limit of $100 a coin and Crypto itself will be 3% or less of my portfolio.

Okay, all that talk out of the way let’s look at goals. Based on January alone I forecasted a yearly profit of $1385.88 (45.09%) now with a 2 month average that forecast is: $1418.94 (46.17%). So a goal of around 45% still seems doable 2 months in. If PCS does well, I believe this number can climb even higher, I already have $60 on the books for March options which is nearly as much as I made in February.

Over in The Options IRA gains were $567.85 (2.81%) down from January’s $669.91 (3.5%). $436.85 came from options, also down from January’s $595.61. I played it safe with IBM and I knew it was going to affect the bottom line. In hindsight I could have played IBM differently and brought in more options income from it while I  was waiting for it to come back around. I’m going to work on transitioning the long term option contract into something shorter and playing it better. Dividend Capture also got off to a rocky start and so far no results have come from it. I think I have it worked out and March should see some positive benefits from that. As far as goals; based on January alone it was set at $8039.92 (41.95%), with both months it is $7426.56 (36.82%). Still fairly high, but I am hoping to bring that back up closer to the 40% mark moving forward. 

Finally, the Rollover IRA. I am finally out of the non-weekly options stocks but they were also high growth being held over from last year going forward, I’m actually predicting performance to come down in this account because of that. February gains were $1270.50 (4.68%)  up slightly from January’s $1212.49 (4.67%). $355.50 from options compared to January’s $601.79. Last months forecast was $14549.88 (56.09%) the 2 month forecast is $14897.94 (54.92%) I am expecting this to drop to be more inline with the Options IRA going forward, I don’t have anymore high growth holding that are going to pad that bottom line. 

Across all accounts a total gain of $1959.35 was achieved in February which was slightly lower than January’s $1997.89. Looking forward the dip in total gains expected in March and the rebound in the following months will be something interesting to watch. February was a good month altogether, I still managed decent profits across the board, i’m starting to add some diversification and I even have some SOPs coming into place for PCS that I also think will benefit IBM. 
I want to end this extremely long post with a quick look at savings performance. The Benchmarks Dow and S&P 500 I have swapped out for their ETFs. I am now using DIA and SPY simply because it is easier for me to track these. DIA is up 1.73% this month and SPY is up 0.56%. Looking over my 401K i have a return of 707.99 (3.85%) that’s also a better return than the Taxable and the Options IRA achieved. Long term I don’t think that will hold out, but it is worth noting that my 401K did have a solid month. ROS ( Rate of Savings) in the 401k was $637.48 (10.10%) which is basically the same ROS as January’s $577.51 (10.11%) The HSA was $234.64 (3.71%) with no payments out of the HSA this month. General Savings did well with taxes adding a big gain $3757.16 (59.53%) but withdraws totaled $1531.31 and a deposit to Robinhood of $270 (4.27%) left $1955.85 (30.99%). This number is so high because do not consider taxes in income. General Savings has also reached its desired level for the year the only further deposits will be for Robinhood and to replace any withdrawals. I can’t just save and save, I fun things I want to do this year. Altogether my total ROS for February is $3097.97 (49.08%).

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