November 2021 Portfolio Review

It’s Time for the November 2021 portfolio update. Who can believe it is November is over already, Feels like I only blinked and it was over. Always at this time of year, the scramble in my 9-5 ramps up as we look to close out projects before we break for the Christmas holidays.  For me, this meant less time in front of a screen and less activity in the markets. But that is the beauty of dividend growth investing, I basically did nothing all month and I still had income hit my Brokerage account.

On the side, I was recently contacted about my thoughts on stock trading Apps in the Sunday Times newspaper. I was quite chuffed to be asked thanks to a recommendation from Ben Luong a fellow investor who is originally from the UK but now has the pain of ISA-free Ireland to invest from. Check out his website here .

Here is the link to the Sunday Times article

https://archive.md/2021.12.03-164816/https:/www.thetimes.co.uk/article/rookie-irish-investors-ride-the-share-trading-revolution-qvfdxcxf7

Anyway, Let’s see how I did for the month

Portfolio Overview

This graphic might look nearly identical to the one I posted for October’s update.  That is because, for the first month in nearly 3 years, I have not bought any shares. This wasn’t really planned, but to be honest, I have been putting in long hours the last 4 weeks and by the time I get home my head is not in a place to fire up the laptop and start looking at who I want to buy.

I was also a little be less active in my options trading, but I have opened up 3 new LEAPS or long-term positions. Actually, even though the expiration date is 12 months out, I was hoping for a quick bounce and to get out early. But more on that later.

My Portfolio – USA Companies

There is only one change to the US portfolio and that was selling all 10 shares of Verizon(VZ). While looking at my portfolio, I realized that I have no real intention of adding any more shares or Verizon. I already have 100 shares of At&T and 50 Shares of Orange.  I sold them at a slight loss which is no harm as we are in Tax filing season here in Ireland and it keeps me below the €1250 capital gains exemption limit.  

My Portfolio – European Companies

The has also been one change in my European portfolio.  I sold a covered call on Ahold Delhaize which got assigned and reduced my position size from 150 to 50 shares. 

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Dividends

In November I received a total of €128.05 after tax in dividends from 7 different companies and 3 CEFs. This is up from $106.52 for the same period in 2020 

1. AT&T €44.84
2. ABBV €22.97
3. Verizon €5.52
4. Realty Income €10.64
5. British American Tobacco €21.68
6. Blackstone €4.57
7. Texas Instruments €4.06
8. CEFs €13.77

This brings my total amount of dividends received this year to €1862 exactly with still 1 month of the year left to go. I will be extremely close to hitting the €2k mark for the year. 

Usually, I track my portfolio in a gsheet that I copied from the measure of a plan and amended to suit my own needs. The spreadsheet is fantastic and the author clearly did a lot of work to produce such a high-quality tracker. However, for those looking for something a little more simplistic, then check out https://app.divitrack.io/ 

Recommended Read

Option Trading

Here are my closed  option trades for October

In total, I earned $233 in option premium from 5 different companies.  I have been selling covered calls on $AMS:AD $UAL and  $CCL. While selling puts on $OCGN.  I was assigned on both $AMS:AD and $UAL which means my wheel is not complete on UAL and I no longer own any shares in them.

$WISH and $CCL are all assigned to me over the last couple of months. I am happy to own both $CCL relatively long term but I am starting to wonder what I should do with $WISH. At the moment I am reducing my breakeven point but the premiums are becoming so low, it starting to feel like it is not worth it. I am thinking about taking the loss on this company and learning the lesson that I should only wheel companies I do mind owning long term.  

Here are my current open trades for the month

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