Saturday, September 21, 2019


One of the more interesting releases of the early 80's is this single by Psychic TV in 1984.  Psychic TV was formed in 1981 by Genesis P-Orridge when the extreme performance art group Throbbing Gristle split up.

Psychic TV is a tough band to pin down.  They have morphed over the years from industrial noise to psychedelic to nightmarish techno to acid house.  Basically all following Genesis P-Orridge's (now Genesis Breyer P-Orridge) tastes throughout the years.

This one, from the psychedelic era, is an ode to Brian Jones, the late Rolling Stone guitarist.  It has a guitar riff quite similar to Brown Sugar (even though that was 2 years after Brian had passed).

Found this at a garage sale this summer.  This is the limited edition 2x7" with a gatefold sleeve.  The B-sides are a Godstar remix, "Discopravity" and "Yes It's The B Side", the latter two being more experimental and ethereal.

Here's a YouTube clip of the music video.

A real catchy tune.  Psychic TV did not keep this style, as they went off the industrial house seriously crazy sounding performance art.

Beginning in 2003, Genesis and his partner Lady Jane Breyer began the "Pandorgeny Project" in 2003, where they began to perform surgical alterations to both of their bodies in order to become a single pandrogenous being named "Breyer P-Orrige".  they received breast implants, cheek and chin implants, eye and nose jobs, and hormone therapy until Lady Jane passed away with stomach cancer in 2007.

The changes have continued so Genesis looks like this...


Wednesday, September 18, 2019


It was just a matter of time.  In the back of my head, I knew I was going to have to dump Anworth Mortgage Asset Corp (ANH).  

I had purchased this Mortgage REIT back in June of 2014 when I was first starting to divsersify into dividend earning stock.  I had stars in my eyes...

ANH is one of the REITs that manages a leveraged portfolio of residential mortgage-back securities and loans.  I should have stopped there..  but no.

The over 10% dividend rate was too tempting to avoid when you are a rookie and look to grow the portfolio.  It was earning $0.15 per share and it was an easy $150 dollars every three months.

Things were ok until their growth stopped and began shrinking in 2017.  In Q2 of 2018 they cut the dividend from 15 cents to 14.  I did not sell.  I still made over $140.   Then in Q4 of 2018, they dropped to 13 cents.  Then 11 cents in Q2 of this year.  Now they announced a 10 cent dividend, a 9.1% cut.

This dividend cut resulted in a $45.48 cut in my annual dividend.  NOT ACCEPTABLE.  With the dividend increases this month from Verizon and Microsoft and others, I am still down $23.55.  

The dividend cut is making us unhappy

This is a family site or I would spew out profanity like a drunken sailor... I am f'ing doing it in my mind..

Enough.  I learned my lesson.  These high yielding REITs will eventually bring grief the moment the economy begins hitting road bumps.   

I knew that this was not a dividend grower. But I ceded to my financial hedonism.   I bought this, NLY, and AGNC.    Both NLY and AGNC cut their dividend over the past year and I cut my position of each by around 75%.   I am so pissed.

Now with this cut, I am out.   And since AGNC and NLY are never going to grow and most likely will cut their dividend, I am seriously considering selling all three and purchasing some shares that offer a more modest rate, but will grow.  If I cut all three out of my life, I will be down $1,238 annually in dividends.  Dividends that will never grow. And growth is the name of the game.

The growth stocks will have a lower rate, but at least I will be increasing the annual amount without these hits.   I got some thinking to do

What's your take?

Any recommendations on buying at this moment?

Tuesday, September 17, 2019


While browsing through my regular group of bloggers, I came across a piece at the great  Dividend Diplomats  that totally blew my mind.  

Dividend Diplomats have some of the most thorough articles when it comes to dividend growth investing and I could not recommend them more if you are looking to get into this ultimate side hustle.

So by calculating your costs or any income you are earning by dividing that amount by the total hours in a year (8,760), you can see how much you are spending or earning per hour.

Please check out the link below

 What a fun game!

This blew my mind.........

This blew my mind when it comes to dividend income.  My annual dividend income is at $15,829.30 at this moment.   Divide that by 8760, and....

I am earning $1.81 per hour - JUST FOR BEING ALIVE.  Mind blown...

To temper the adolescent excitement I felt, I calculated some more of my earnings and spending to see where I am at in the goal of reaching financial independence.  

DIVIDENDS               $15,829.30 = $1.81/hr
NET INCOME            $67,683.23 = $7.73/hr
TOTAL SPENDING   $75,097.66 = $8.57/hr

My dividends are paying for 21.08% of my spending.   

Good thing is my regular bills (phone, electric, water, tv, internet,  car insurance, home insurance, car tabs) add up to $15,399.48 per year, just $1.76 / hr.    

My dividends cover that!!!  Boo-ya.

The rest of the spending is for food and travel, and kid stuff.   This year I did incur some costly one time charges for car repair and care of my mother, so I think I can lower the $75K in spending in the coming year by a solid $10K.

What makes this a great is that with each stock purchase and dividend increase, I can see the 21% ratio increase.  Of course my goal is passing 100%.   But to get to where I am in 5 years is not too shabby.  I do not expect it to take another 20 years to reach that goal since I got the snowball rolling.

So where are you at?

Tuesday, September 10, 2019


The term "side hustle" is the NEW catch all praise for any sort of activity that generates a second source of income.  It can be any type of thing like:

  • Selling your shit on eBay 

  • driving for Uber or Lyft
  • delivering pizza
  • Airbnb the unused room you fill with shit.
  • making soap
  • making candles
  • a part time job at a fast food place
  • mystery shopping
  • crossing guard
  • babysitting
  • selling your hair (I can never do this...)
And others I better not even mention.... for I may offend drug dealing online adult chat performers...  ..Oops...

Do you have one?  what is it?

I'm not sure if you can call what I do a side hustle.  It's more of a hobby.

It's super easy to find me.

Just look up Chickenwizard.. duh.  What else would it be?  

I make music and have 3 albums out there on iTunes and Spotify.

My second album "She Loves Chickenwizard"
I love using pictures of me in distress
 A single from that album "I Am Wendy"

 My latest release: The (Mis)Adventures of Uncle Zodiac.

If you would like to ditch your frugal FIRE lifestyle for a moment, feel free to pad my side hustle...:)

iTunes link to Chickenwizard

I'm not a virtuoso..

This "side hustle" has cost me about $500 so far.  It costs about $100 to distribute an album on CD Baby.  I may have produced one while on sale ($49.95). Maybe    The software was $200 I believe.  

And there is the lifelong collection of guitars and  early 80's keyboards.  But that was all pre-FIRE times.  But I would never ever sell my guitars.   As a lefty, you just hang onto them since you may never see it again.  So that is in the thousands.  Let's just not go there.

As a fun thing to do, I have created over 150 songs of various styles.  Most suck.  But it's fun to make.

Someday my daughter will be able to look me up

So my "side hustle" has earned me a whopping $41.

Most of those earnings came from YouTube licencing.  Someone used one of my tracks as their vlog background music and generated tens of thousands of plays.

So is this a side hustle?    If one of my songs hits and gets a million plays it would be.  But is it now?

Friday, September 6, 2019


One of the more legendary one hit wonder garage bands of the 60's were The Knickerbockers.  Their clame to fame was being a Beatles-sound-alike.  At least for one song..

"Lies" was often mistaken as a Beatles song and there is no song I know of in this era that sounds so close to John Lennon.

Found this "Lies" LP at an antique mall in Eastern Washington a few years ago in a $5 bin.  Nice score..

Here's a clip of "Lies"

I bet  John Lennon thought they were wankers..    I'm not so sure about holding the sax and playing air guitar on it either..

They made it up to #20 in 1965 with "Lies".  It's a somewhat ironic title being it sounded so much like The Beatles with John Lennon on lead vocals.   Part of their demise was that their label, Challenge Records, was unable to distribute their follow up single.  That really puts a break on success.

The Lies album was released on the coat-tails of their hit single.  This was  to be the last album recorded before their disbanding in 1970.  BTW, nothing else on the album has the Beatles sound alike quality.