The original Sharpe Income post can be found here.
The Sharpe Income category be be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.
We continue the discussion from the last entry.
As you will note in the PDF attached at the bottom of this post, The Sharpe Income project now has $238.30 in cash after this Monday’s deposit.
Those weekly deposits per the rules set out in the original post cannot be under-estimated. Because that rule provides us with mountains of maneuverability.
It means that each and every week, we have more cash. More than that, we will know that we have $1,300.00 in cash for the next 52 weeks with which to work. And cash in maneuvarability. In fact, I would go so far as to say that it makes the success of the entire project … well … it’s nearly a slam dunk.
Next week? We will know that we have $1,300.00 in cash for the next year.
The week after that? Again, we will know that we have $1,300 in cash for the next year.
The week after that?
Well … you get the idea.
Not only does this constant inflow of cash give us maneuverability, it works in tandem with our dividends, which will be growing, each and every month. At a certain point, the dividends we collect will far over-shadow what we put into the project from a capital deposit perspective. But until that time, those capital deposits give us the maneuverability so that we can purchase dividend producing assets.
Over time, this compounds in and upon itself so that you can reach the point of receiving $3,000 per month of income, and beyond.
There are other tricks we can use to get us to that point more quickly. But we will talk about those tricks in future entries.
Actionable View of Markets for ‘Sharpe Income’
IBM will pay us our dividend in the next 48 hours. As we also own JNK, this will also pay us our dividend within the next 48 hours..
As noted in this entry, monthly income will not count the dividend from JNK or other assets that are considered part of the Capital Gains strategy.
We put in the time, persist, and let these capital contributions pile up. As you will note within the attached PDF, we only have $238.30 in the project account at this time. So we persist, and wait while the capital contributions increase the size of the account. We have about 3 weeks before we can make another purchase. Plenty of time, and we can impart a few lessons in the meantime.
The link to the Google Drive Spreadsheet that you can view, that we will edit, build upon and refer to over time can be found at this link.
We continue the Sharpe Income project with this next entry.