Money and Finance
One of my goal for this year was to stop selling and start accumulating...well that failed.
On Monday January 11, 2015, I sold 19 shares of CVX at $82.15 and 7 shares of COP at 42.52. Total combine with my existing cash equals $1845.24.
Rationale: The water heater in our basement exploded and it's -6 outside...apparently you need to replace those things every 20 years or so. Of all my stocks CVX and COP were the two to likely cut their dividends this year (or the next). I would use the money from my bank but at the rate oil stocks are dropping I might end up with $5 a share next week. I was meaning to reduce my stake in oil and this provided a good excuse.
This sell reduced my dividends by -$102. Ouch. But I still have $1845.24 to make a buy.
My forward income is now 2097.62+FCISX distribution + SCHD distribution.
For those wondering what I'm going to buy wait for January 26, 2016 when JNJ and PG release their earnings report. I think both will have a bad quarter due to forex but the market will kill PG. I expect PG to drop to $70 or even the low $60s. Imagine that $60 for PG. that's a 4% yield!!!!
- Recent Buy: The Southern Corp
On January 13, 2016 I bought 41 shares of the Southern Company (SO) at $46.50 per share for a total of $1913.50. I bought SO using the funds from my CVX and COP sell. This will increase my dividends by $88.97 per year. I also bought 10 powerball...
- 1st Buy Of 2016: Pg
On January 6, 2016, I bought 13 shares of the Proctor and Gamble Company (PG) at $77.85 per share for a total of $1,019.05. PG is not cheap but it is at fair value based on forward FCF. I want 3 more shares to make it an even 50. China, North...
- Sell: Bbl, Souhy, Nsc
On Monday, December 14, 2015, I sold the following 80 shares of BBL at $20.65 for a total of $1,644.97.34 shares of SOUHY at $3.51 for a total of $112.34.11 shares of NSC at 90.10 for a total of $984.09. In return I received $2,756.91. I lost -$236.76...
- January Dividend Update
Febuary is almost here so it's time to report on my January dividend income! January's dividend total was $238.88 which is up from the $213.12 that I made last quarter in October. I got a little help from WMT and PEP dividends slipping...
- Selling One Of The Best Companies Of All Time...
Hi Everyone, The time has come to sell off my stake in Realty Income Corp (O). This is the first sell in my portfolio and of all the investments I have, I never would have guessed this would have been my first sell. A staple of consistency...
Money and Finance
Recent Sell: CVX and COP
One of my goal for this year was to stop selling and start accumulating...well that failed.
On Monday January 11, 2015, I sold 19 shares of CVX at $82.15 and 7 shares of COP at 42.52. Total combine with my existing cash equals $1845.24.
Rationale: The water heater in our basement exploded and it's -6 outside...apparently you need to replace those things every 20 years or so. Of all my stocks CVX and COP were the two to likely cut their dividends this year (or the next). I would use the money from my bank but at the rate oil stocks are dropping I might end up with $5 a share next week. I was meaning to reduce my stake in oil and this provided a good excuse.
This sell reduced my dividends by -$102. Ouch. But I still have $1845.24 to make a buy.
My forward income is now 2097.62+FCISX distribution + SCHD distribution.
For those wondering what I'm going to buy wait for January 26, 2016 when JNJ and PG release their earnings report. I think both will have a bad quarter due to forex but the market will kill PG. I expect PG to drop to $70 or even the low $60s. Imagine that $60 for PG. that's a 4% yield!!!!
- Recent Buy: The Southern Corp
On January 13, 2016 I bought 41 shares of the Southern Company (SO) at $46.50 per share for a total of $1913.50. I bought SO using the funds from my CVX and COP sell. This will increase my dividends by $88.97 per year. I also bought 10 powerball...
- 1st Buy Of 2016: Pg
On January 6, 2016, I bought 13 shares of the Proctor and Gamble Company (PG) at $77.85 per share for a total of $1,019.05. PG is not cheap but it is at fair value based on forward FCF. I want 3 more shares to make it an even 50. China, North...
- Sell: Bbl, Souhy, Nsc
On Monday, December 14, 2015, I sold the following 80 shares of BBL at $20.65 for a total of $1,644.97.34 shares of SOUHY at $3.51 for a total of $112.34.11 shares of NSC at 90.10 for a total of $984.09. In return I received $2,756.91. I lost -$236.76...
- January Dividend Update
Febuary is almost here so it's time to report on my January dividend income! January's dividend total was $238.88 which is up from the $213.12 that I made last quarter in October. I got a little help from WMT and PEP dividends slipping...
- Selling One Of The Best Companies Of All Time...
Hi Everyone, The time has come to sell off my stake in Realty Income Corp (O). This is the first sell in my portfolio and of all the investments I have, I never would have guessed this would have been my first sell. A staple of consistency...