Money and Finance
Hello Readers,
On December 31, 2014, I bought 45 shares of BBL at $43.00/share for a total of $1942. This will be my final buy of BBL. That gives me a total of 84 shares with a cost basis of $47.18 (i always include scottrade fee in my cost basis). With 45 shares, my forward expect dividend increased by $111.6. Was this a good buy? I don't know. I've always been horrible at guessing bottom prices but the dividend looked safe and I expect their demerge to create value. How much? Your guess is as good as mine. But I have a hankering that their new company will pay dividends (I'm guessing $0.01). If not, pure capital gain play.
For next year I'll be focusing on defensive stocks. I just opened a Loyal3 account and write a post when my trade goes through. By the way, wasn't General Mills once on loyal3?
As for my Scottrade, I will be flipping BAXTER and will make large buys when the prices tank (like BBL losing 35% of its value in a year). Why Baxter? I believe its a good core dividend player. I believe their spinoff will add additional value. I think BAX will freeze their dividends for 1-2 year like their last spinoff.
Have a Happy New Year. Last note: Nomorewaffles, what's wrong with you? Waffles are a gift from God!
Long BAX and BBL.
Disclaimer: I'm not a financial advisor...or know what I'm doing.
- Recent Sell
This afternoon I decided to go on and sell out of my position in Pfizer (PFE). I sold all shares at a price of $23.79 which netted a gain of $114.24 on the position. The shares had a YOC of 4.71% which was nice and they were due for a dividend increase...
- Recent Buy
This morning I purchased another 40 shares of Harris Corp (HRS). I purchased these shares for $46.24 each plus commission. My cost basis ended up being $46.44 which now brings my total cost basis in Harris to $46.84. I was able to purchase the shares...
- December Review
ESV$1.35CVX$20.33ADM$26.04COP$5.18TROW$6.76JNJ$48.75MSEX$0.80SO$11.94KO$34.20AFL$6.97UL$16.04ORI$6.48GILD$4.73LTC$3.57K$3.41NSC$6.49HSY$1.60VTR$18.98CCP$3.42CMI$9.75O$4.38VFC$1.79FCISX$29.79Total$272.75 Cash flow Salary$5,968.96Dividend$272.75Interest...
- June Result + Recent Buys
June Result June’s Dividend ESV- $1.35CVX- $20.33COP- $5.11TROW- $6.76JNJ- $25.5MCD- $8.50AFL- $6.63UL- $12.76ORI- $6.48GILD- $4.73LTC- $3.57K- $2.97WMT- $0.93FCISX- $22.64Total: $128.26 Cash flow Salary$2,919.88Dividend$128.26Interest$7.86Total$3,056.00...
- Recent Buy
I just added 14 shares of BAX for a grand cost of $1001.00 ($71/share+7 trading fee). This adds $29.12 to my forward annual dividend. I am still strengthening the core of my portfolio as this is my one and only health care (until JNJ comes down to earth)....
Money and Finance
Last Buy for 2014
Hello Readers,
On December 31, 2014, I bought 45 shares of BBL at $43.00/share for a total of $1942. This will be my final buy of BBL. That gives me a total of 84 shares with a cost basis of $47.18 (i always include scottrade fee in my cost basis). With 45 shares, my forward expect dividend increased by $111.6. Was this a good buy? I don't know. I've always been horrible at guessing bottom prices but the dividend looked safe and I expect their demerge to create value. How much? Your guess is as good as mine. But I have a hankering that their new company will pay dividends (I'm guessing $0.01). If not, pure capital gain play.
For next year I'll be focusing on defensive stocks. I just opened a Loyal3 account and write a post when my trade goes through. By the way, wasn't General Mills once on loyal3?
As for my Scottrade, I will be flipping BAXTER and will make large buys when the prices tank (like BBL losing 35% of its value in a year). Why Baxter? I believe its a good core dividend player. I believe their spinoff will add additional value. I think BAX will freeze their dividends for 1-2 year like their last spinoff.
Have a Happy New Year. Last note: Nomorewaffles, what's wrong with you? Waffles are a gift from God!
Long BAX and BBL.
Disclaimer: I'm not a financial advisor...or know what I'm doing.
- Recent Sell
This afternoon I decided to go on and sell out of my position in Pfizer (PFE). I sold all shares at a price of $23.79 which netted a gain of $114.24 on the position. The shares had a YOC of 4.71% which was nice and they were due for a dividend increase...
- Recent Buy
This morning I purchased another 40 shares of Harris Corp (HRS). I purchased these shares for $46.24 each plus commission. My cost basis ended up being $46.44 which now brings my total cost basis in Harris to $46.84. I was able to purchase the shares...
- December Review
ESV$1.35CVX$20.33ADM$26.04COP$5.18TROW$6.76JNJ$48.75MSEX$0.80SO$11.94KO$34.20AFL$6.97UL$16.04ORI$6.48GILD$4.73LTC$3.57K$3.41NSC$6.49HSY$1.60VTR$18.98CCP$3.42CMI$9.75O$4.38VFC$1.79FCISX$29.79Total$272.75 Cash flow Salary$5,968.96Dividend$272.75Interest...
- June Result + Recent Buys
June Result June’s Dividend ESV- $1.35CVX- $20.33COP- $5.11TROW- $6.76JNJ- $25.5MCD- $8.50AFL- $6.63UL- $12.76ORI- $6.48GILD- $4.73LTC- $3.57K- $2.97WMT- $0.93FCISX- $22.64Total: $128.26 Cash flow Salary$2,919.88Dividend$128.26Interest$7.86Total$3,056.00...
- Recent Buy
I just added 14 shares of BAX for a grand cost of $1001.00 ($71/share+7 trading fee). This adds $29.12 to my forward annual dividend. I am still strengthening the core of my portfolio as this is my one and only health care (until JNJ comes down to earth)....