FRIP Purchase

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

1 Share @ $33.31 on 4-19-2014


This increases my forward 12-month dividend income by $1.68 to a total of $1,567.20


I also updated my portfolio page to reflect the change.

FRIP Purchase

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

1 Share @ $33.41 on 4-15-2014


This increases my forward 12-month dividend income by $1.68 to a total of $1,565.52

I also updated my portfolio page to reflect the change.

Trade - Buy

I added more shares to my position to American Realty Capital Properties (ARCP)

101 shares @ 12.77 on 5-9-2014


This will increase my forward 12-months dividend by $100.60 to a total of $1552.04

I updated my Portfolio to reflect the change.

I brought theses shares just in time. That same day ARCP had a 2% pop. Today it is up 1.73% as of this writing, so yes I brought it just in time.



This graph shows Funds From Operations (FFO). When looking at REITs, EPS is not what we look at. What needs to be looked at is FFO. As we can see here ARCP is very much undervalue base on FFO.

This shows that in 5 years there will be about a 61.1% return.

This shows that my $3,000 that I currently have invested will be worth $13k in 10 years.

Here is a good read on ARCP: Why does Mr. Market fear American Realty Capital Properties

What do you think of ARCP?