Trade - Buy

I added a new position. Ensco PLC (ESV)

22 shares @ $56.25 on 12-27-2013

This will increase my forward 12-month dividend  by $66.00 to a total of $1,116.20

I updated my Portfolio to reflect the changes.

Based on the 15 year chart you can see that ESV is undervalue. Also notice the debt/cap which is at 27%.

Here is a 4 year graph which shows that it is undervalue based on earnings.

Here you can see that the payout ratio for last year was 27% which is really good so there is a lot of room for dividend increases. 

Here you see that 36 analysts predict a 5 year estimated return of 36.4%

Here you see that the dividend yield is at the highest right now. This tells us that the price is under value.

Morningstar (4 star out of 5) Fair value of $70.00

Yahoo Finance Target of $63.22

Marketwatch Target of $63.09

Done any shopping lately? What do you think of ESV?

Trade - Sell

I made a few sells last week. Here they are. All company ,listed below, I felt were overvalue or don't have the growth I would like to see.


Sold 17 shares @ $56.25 of  Vodafone Group Plc (VOD)

As you see here VOD is overvalue.

Sold 8 shares @ $35.06 of AT&T Inc. (T)

I sold T because it only increase its dividend this year by only 2.2%. In the past 4 years it has only increase dividend by 2-3%. Here you see that it is fairly value.

Sold 5 shares @ $61.25 of Magellan Midstream Partners, L.P. (MMP)

Here MMP is overvalue.

I will buy into theses company once the price comes down below fair value.

The money that I received from theses sold shares I put right to work in buying and adding a new position. I will post about the recent buy soon.


Have you sold anything recently? 

2013 in Review

2013 has come and gone. I remember when the year just started and I was looking for a rental property (Here). Now I am a dividend growth investor.

Now that the year is over, I set out some financial goals for myself. Which can be found Here.

Here were my goals for 2013 that I set out for myself when I started dividend growth investing and this blog.

2013 Goals:
Receive $200 in dividends for the year.
Have a portfolio of $15k or greater by the end of the year.
Have a net-worth of $45k or greater by the end of the year.

I am very happy to inform you all that I have accomplished all my 2013 goals.

In this post (Here) I mention that I passed my $200 of dividends received for the year goal.

In my portfolio page, Here, you can see that I surpass the $15k portfolio value. As of right now my portfolio value is $30,177.12

I am also happy to inform you all that I just passed my Net-worth goal of $45k,

Here you can see that I just passed the goal by $5.

I am very blessed that I am able to set out my goals and accomplish them.

Thank you all for supporting my blog. Please continue to follow me on my financial freedom journal.

Dividend Income - December 2013

Once a month I will be updating the dividend that I received for that month.


December 2013 Dividends Received:

• Realty Income Corp. (O) - $4.00
• American Rlty Cap. PPTYS (ARCP) - $9.87
• McDonalds Corp (MCD) - $9.72
• Coca Cola Co (KO) - $10.08
• Chevron Corp (CVX) - $10.00
• International Business Machines (IBM) - $5.70
• Exxon Mobil Corp (XOM) - $8.19
• Aflac Inc. (AFL) -$9.25
• BP plc (BP) - $16.53

Total dividends for the month of December: $83.34


This is by far the biggest passive income I received for a month this year.

One of my many Goals is to receive $200 in dividends for this year.

I am happy to inform all of you that I surpass my goal with a total of $220.43 in dividends for this year.

All of the income that I'm getting from dividends are all being reinvested. I am currently reinvesting it all into BP or KMI.

Also, don't forget to check out my Dividend Income page which shows the total income by month.




Was December a good month for you?

Trade - Buy

I added more shares to my position with  BP plc (BP).

25 shares @ $47.52 on 12-24-2013

This will increase my 12-month forward dividend by $54.72 to a total of $1093.52

I updated my Portfolio to reflect the changes.

Based on this 15 year graph of BP it looks to be very much under value.

Here we have a 4 year graph and it shows also that it is undervalue.

In this graph you can see that BP is about to hit a resistant point. at around $48. However, I believe that it will eventual break this resistant level in the near future and start heading to $60 which will be the new resistant level.

Morningstar (3 stars out of 5) Fair value of $48.00
Yahoo Finance Target of $49.44
Marketwatch Target of $49.91



What do you think of BP?

Trade - Buy

I added a new position.  Target Corporation TGT

20 shares @ $62.00 on 12-23-2013

This will increase my forward 12-month dividend  by $34.40 to a total of $1,036.52

I updated my Portfolio to reflect the changes.

Based on the 15 year normal P/E of 19.1 TGT is undervalue with a current P/E of 16.5 (Google Finance).

Here is a 4 year chart which shows that it is slightly fair to overvalue.

Here is a chart of the Estimated Earnings that shows that the amount I invested today should return almost 100% in 10 years.

Here you can see that the current yield (Orange Line) is at a 5 year high. This shows that at current prices TGT is undervalued.

In this graph I point out that in the $60 range TGT has had either a support or resistant. If it breaks the $60 support, then I think TGT will go down to the lower $50-53 range. If it does that, I plan to buy more shares to average down.

Morningstar.com (3 stars out of 5) with a fair price of $64.00
Yahoo Finance fair value of $68.05
Marketwatch Target Price of $67.64



What do you think of TGT? Plan on buying or do you already have it in your portfolio?

Portfolio Page Update

I changed the layout of my Portfolio Page Here

I listed the 8 sectors of the NYSE. This will help me to make sure that I am diversified and to show me what sector that I am heavy in or light.

If you go to my Portfolio page to see the changes, you will see that I am heavy in Basic Materials and Consumers good. This does not mean that I will stop buying from company like BP, KMI, and PM. I will continue to buy if I see opportunity because my portfolio is just a few months old, so eventually it will be diversified with time.

This change will just give me a better picture of my portfolio.

If you have any idea for good information that I should put in my Portfolio page please let me know. Suggestions are always welcome.

Blog Milestone

I am so happy to say that I just passed the 10K page view milestone. I really appreciate all the viewers that keep reading my blogs and the new ones that will start to follow my blog and my journey to financial freedom. 

I started this blog in the end of August, so in about 3 and half months I reached 10K views. I think that is amazing.

I hope you continue to follow my blog. I feel this new year will be great. I will tell you why later this month in a post.

Here is a screenshot of my blog page view history.

Again, Thank you all for reading and following my blog.

FRIP Purchase

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

1 Share @ 32.93

I also talked about KMI Here, and why it is a great buy at this price.

This increases my forward 12-month dividend income by $1.64 to a total of $994.84

I also updated my portfolio page to reflect the change.


What was your recent Buy/Sell?

Stock to Buy

Kinder Morgan (KMI) is a Buy right now.

KMI announces 2014 financial expectations and expects to increase dividends ~8% Here

Morningstar: 4/5 with Fair Value of $40.00
Yahoo: Fair Target: $41.20

KMI took a big hit. It drop 7.09% in the last 5 days.

As you can see in the chart below, there is a strong support around $31-$33. Also the RSI tends to pick up at this level as well.

This chart shows that it is a little overvalue base on F.A.S.T. Graph.

 Here is a chart of the Estimated Earnings.

 Here is what a $10k investment would look in 10 years at current price.

I don't have fresh capital right now to buy, but I will be using my dividends to buy a few shares.



What do you think of KMI? Do you own shares?

Dividend Income - November 2013

Once a month I will be updating the dividend that I received for that month.


November 2013 Dividends Received:

• Realty Income Corp. (O) - $4.00
• American Rlty Cap. PPTYS (ARCP) - $9.55
• AT&T Inc (T) - $3.60
• Magellan Midst (MMP) - $2.79
• Clorox Company (CLX) - $10.65
• Kinder Morgan Inc (KMI) - $21.73
• Procter & Gamble Company (PG) - $9.02
• Caterpillar Inc (CAT) - $8.40

Total dividends for the month of November: $69.74


This is by far the biggest passive income I received for a month.

One of my many Goals is to receive $200 in dividends for this year.

As of right now I gain a total of $137.09 in dividends for the year. I am 69% complete of reaching my goal of $200. It looks like that I will just pass my goal of $200 for the year by a few dollars after I collect the divided for the month of December. I am very excited to see that I will be able to complete my goal that I set for myself.

All of the income that I'm getting from dividends are all being reinvested. I am currently reinvesting it all into BP or KMI.

Also, don't forget to check out my Dividend Income page which shows the total income by month.




How much did you received in passive income for the month of November?