Tuesday, November 26, 2013

Trade - Buy

I added more to my position with Philip Morris International (PM)

13 shares @ $86.68 on 11-25-2013

This will increase my forward 12-month dividend by $48.88 to a total of $993.20

I  think the stock will continue to go down somewhere between $84-$85. However, this is why I am not a day trader. I may be wrong or I may be right. All that I am fairly sure of is that PM will continue to hand out dividend and increase them greater then inflation for years to come.

This will be my last buy this year, unless something crazy happens to the stock market.

I added the transaction to reflect on my Portfolio page.

What have you been buying/selling?

Sunday, November 24, 2013

The Video that Started It All...

In my About me section of my blog, I talk about how I was debt  free and was looking for a way to get passive income. One source of passive income I was looking to get was to buy a rental property. Since my parents have a rental property that was fully paid off, they are reviving a little over $2k a month on passive income. I wanted something like that for myself.

I decided to buy a rental property of my own in December 2012. Since I was debt free and have money saved up, I thought this would be the perfect opportunity to find a house to buy since the housing market was just starting to pick up.

However, I was not able to close a deal to achieve my first property. I put about 15 different offers to different house, but I was always getting out bid. I was just writing out offers for asking price, but I was getting out bid by $5k-$10k. This would always be outside of my budget.

As a few months passed, I saw less and less houses that I can afford. and less houses that I saw had great potential. All that was left for me to buy were really beat up houses that needed a lot of work and money that I did not have the time or capital.

I still wanted to some how make passive income. I did what I always do when I have questions or a thought that I need to figure out. I "Google It".

I found this video that showed the power of dividend investing and compounding. When I saw this video, I knew this was the way for me to build passive income.

Once I saw the video, I started to learn about dividend investing though other bloggers like:


and other bloggers that can be found here.

I started reading there site like a mad man on a mission. Reading all there old posts and learning what and how to invest in dividend paying stocks.

Therefore, the video above really started my new found journey of dividend growth investing. I am very grateful to have found that video and to have found other bloggers sharing the same dream.

How did you get started with dividend growth investing? What gave you the motivation to start?

Wednesday, November 20, 2013

Stocks to Buy

Right now I am looking at one stock that I would like to buy:  PM

I had a few other stocks that I am currently watching which are: O, DE, TD, RCI, and CAT. However, I think PM would be the better buy.

PM lost 2.37% today and it may even go lower. I decided that if it gets under $85 I will make a buy. Hopefully it won't happen this week since I won't have capital until next week Monday.

As you can see in this chart between $84-$85 there is a strong support level dating back to May 2012.

Last time I brought PM was Here. I brought shares at $84.75. Hopefully I can add more shares at that price or a little bit lower to average down.

F.A.S.T. Graph has fair value at $81.59.

Here is a recent article about PM and why it is a buy either now or very soon. Here

Morningstar has a fair value at: $95.00

What do you think about PM?

Friday, November 15, 2013

FRIP Purchase

I added more to my position of Kinder Morgan Inc. (KMI).

2 Shares @ 35.17

My last buy was Here on September 17.

This increases my forward 12-month dividend income by $3.28 to a total of $944.32

I also updated my portfolio page to reflect the change.

What was your recent Buy/Sell?