Those are really small positions. How much do you pay per trade?
Trader,Yea, I am new with investing. I pay $7 per trade, so I wont be doing $200 buys. lol I'll do at least $1200 from now on.Thanks for stop by. You are the first person to comment. :)
FFD you can use no commission ETFs to temporarily park your money. In my TD account I use a few dividend paying ETFs (average yield is 3%) and based on your contribution size you may end up holding that ETF for 6 or more months - for example if you save $200 monthly to your account you can be buying the ETF for free and in 6 months you will save 1200 dollars, so the next month you sell to get 1000 dollars out, add the new contribution to it and buy a stock while continuing saving the new cycle in the ETF. I do it that way, works well although sometimes the value of that ETF may drop, but it never was so dramatic. Check my website where I write about this strategy investing small money. If you do not mind I will post the link here:http://hellosuckers.net/commission-free-wealth-building-this-time-with-reit-etf/
Martin,Thanks for the tip. That sounds like a great Idea. I am going to read your post about it.Also, I follow your website. I really appreciate the tip. :)
FFD, thanks for adding me to your blogroll. i will do the same. If you need any help with investing or anything I can help, let me know or shoot me an email. I'll gladly help.
You're welcome Martin. Thanks for the offer. I sure will be needing as I am learning as I go.
Ok, thanks for your reply.$7 per trade is a good price. Maybe $1400 would be a nice number to keep costs under 0.5%.I live in Portugal and prices are higher around here.And we don't have many "growth dividend" companies :(Cheers!
Thanks for the recommendation. Good luck to you. :)
I just discovered your site and I congratulate you for your work, I will be aware of your accomplishments and our goals are similar, good luck from Spain
Thanks so much for the support and thank you for reading my blog. Best wishes and good luck to you too.
Imagine this stock:1 stock : $100year dividend : $2.30 (after taxes, paid and reinvested each 3 months)annually dividend growth : 2.3%You can sell the stock any time you want for $100.You don't pay any fee or commission to buy or sell.Would you buy this stock for your strategy?
Just to clariry: the $2.3 dividend is just for 1st year and is an annual value. Each 3 months of 1st year you would receive 1/4 of that.
Hi Trader.No, I won't buy the stock because of the 2.3% dividend growth. I will be looking for stocks with at least 5% or more in dividend growth a year.Thank you for your question.
FFDividendNice portfolio and Great blog! I look forward to following your progress!
Thanks so much for the comment. I added you to the bloggers I follow as well. good luck to you.
Coming from a new blogger and investor always nice to see others at a farther point to keep me motivated!
Great to here!! Glad I can help. Thanks for commenting.
Awesome Blog! Good luck in your goals! I will be following!
Thank you so much. Cant wait for what the future has in store for me. Good luck to you as well.
FF have you ever considered using the Save by borrowing technique. You are losing a lot of future value giving up the earning power of that money now. It is not $7.00 a commission. It is $7.00 compounded over the next, at least thirty years.Save by borrowing: http://www.wikinvest.com/wiki/Save_by_borrowing_technique
Sumflow,I am saving $1200 - $2000 a month to invest. When I first started 3 months ago, I didn't know what I was doing and just buying with out thinking about cost. I won't be doing that any more. :)thanks for reading and commenting.
Good Blog, will be come back from time to time.You keep that money coming!cheers!
Thanks for checking out my blog investingidiot. Thanks :)
Hi FFdividend, this is my first time in your blog. You are building a great long run portfolio like me. Keep it up.
Thanks FJ, I hope you continue to read my blog. Thanks for stopping by.
I just came across your blog - nice portfolio! I like how you separated the companies by their respective sector.
Thanks for visiting. I hope you continue to follow me on my quest to FI.
Nice portfolio with good dividend stocks and most of them overlap with my portfolio. Good luck with your journey to financial freedom.
Great looking portfolio! I like your YOC >4%, we'll wait after 10 years and I am guessing it will be more than double! Thanks for sharing.
Nice Porfolio!Just keep adding and rolling that snowball down the hill :)