Tuesday, October 29, 2013

Trade - Buy

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

76 shares at $13.22 on 10-24-2013

This will increase my forward 12 month dividend by $73.56 to a total of $952.56

I made this buy because ARCP is growing and growing really fast. They brought Cole Real Estate Investments Inc. for nearly $7 billion.

This deal will make ARCP the largest net-leases real estate investment trust (REIT). Also, ARCP will increase its annualized dividend to $1.00 when the deal closes. Currently it is at 94 cents annualized.

Here is a great article on ARCP: American Realty Capital Properties Finally Getting Noticed

Also here is ARCP fact sheet from June 30, 2013: Fact Sheet

I added the transaction to reflect on my Portfolio page.

What have you been buying/selling?

Monday, October 28, 2013

Dividend Income - October 2013

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

October 2013 Dividends Received:

  • Realty Income Corp. (O) - $4.00
  • American Rlty Cap. (ARCP) - $3.79
  • General Electric (GE) - $11.02
  • Philip Morris (PM) - $14.10
  • Altria Group (MO) - $13.92
  • Coca Cola Co. (KO) - $10.08

Total dividends for the month of October: $56.91

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

As of right now I gain a total of $67.35 in dividends for the year. I am 34% complete of reaching my goal of $200. 

This is by far the biggest passive income I received for a month. That is about a week and a half of gas that I did't have to pay. This is such a great feeling. 

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

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 October?

Wednesday, October 23, 2013

Roth IRA Portfolio Update

At the end of every quarter of every year I will post an update of my Roth IRA portfolio. The performance and my holdings can be found Here.

As I mention on my last post (Here) I was going to update this blog with my Roth IRA portfolio.

I use Vanguard for my Roth IRA account. Right now I have all my money in one "egg basket". Which is not a good thing. Since I already invested the max amount of $5,500 for this year, I will not touch it for now, since this fund has been doing great so far. I have a gain of 26.2% since I first started this account.

When I can start adding for the 2014 contribution, I will be selling portions of the shares. I will then look for high quality company's that I find to be undervalue at the time. I will keep you guys posted with all transactions that happen with my Roth IRA account.

My holding as of now are:

Funds:                                                                                              Allocation %:
Vanguard Health Care Fund Investor Shares (VGHCX)                         100%

Here is a quarterly look on how it has been performing. Which can also be found Here.

Do you have a Roth IRA/Retirement tax deferred account? If not, why not?

Tuesday, October 15, 2013

401k Portfolio Update

At the end of every quarter of every year I will post an update of my 401K portfolio. The performance and my holdings can be found Here.

I am contributing 5% of my gross pay and my company is matching 2.5%. The 5% is the minimal I can put to get the full match from my company. I will not increase my contribution percentage. I am saveing the rest of my money on my Roth IRA, which I will post about soon, and my Scottrade account which I talk about Here..

My holding as of now are:

Funds:                                                                             Allocation %:
T.Rowe Price Equity Income Fund (PRFDX)                       10%
MainStay MAP Fund Class 1 (MUBFX)                              15%
T. Rowe Price Growth Stock Fund (PRGFX)                       10%
JPMorgan Mid Cap Value Fund (FLMVX)                            10%
Aston/Fairpointe Mid Cap Fund Class 1 (ABMIX)                15%
Munder Mid Cap Core Growth Y (MGOYX)                         15%
Munder Mid-Cap Core Growth Fund Class Y (JSMGX)         10%
T. Rowe Price Health Science Fund (PRHSX)                     15%

Here is a chart of how my 401K portfolio has been doing so far which can also be found Here.

Do you participate with your company 401k? If so, how much of a percentage do you save and do they match?

Friday, October 11, 2013

Compounding has Begun

I am very new to dividend investing and to investing in general, so I hope you, the readers, follow me on this amazing journey which will have a lot of ups and downs along the way. This is a very exiting time for me. I just brought my first share while only using the dividends I received the previous months.

That's right. I did not use any of my capital to buy more shares of a company. The money that I invested, which you can see in the Trade - Buy tags, are all working for me to receive more money in the form of dividends.

My brokerage account is with Scottrade. They have this program called "Flexible Reinvestment Program". This allows the user to pool all there dividends that they received from the portfolio in one lump sum. What I like about this program than the traditional DRIP, is that I get to pick and choose the company that I want to buy with the dividends I received. This allow me to purchase company's that I feel that are under value and have a high potential for future growth.

Today I received enough divided to make my first purchase.

I brought shares of BP

1 share @ $42.24

This now gives me 29 shares of BP

This increase my 12-month forward dividend by $2.16 a total of $876.88.

I updated my Portfolio to reflect the change.

What have you been buying with your dividends or just using DRIP?

Monday, October 7, 2013

Trade - Buy

I open a new position with Chevron Corporation (CVX)

10 shares @ $117.60

This will give me and increase of $40 to my annual dividend income. I now have a 12-month forward dividend of $874.72.

The RSI is 28.74 which means it is oversold at this time. This was one of the reasons why I decided to open a position with CVX today.

I also updated my Portfolio and Watchlist to reflect the changes.

Here are some great analysis of the company and some fair value.

Dividends4Life @ Seeking Alpha fair value of $145.87

Achilles Research @ Seeking Alpha fair value of $108.68

MarketWatch gives it a fair value of $133.06

MorningStar gives it a 3 star for a fair value of $125.00