Update Sep. 20-2021 (week-29)

Added

As planed all positions have been added as outlined last week. With the big gap down, there was also a nice discount included.

Review

Running the numbers, it turns out I am now at  $2,900 invested. Meaning I am at the same time frame as Steven Fiorillo is. Going forward only 100$ will be invested each week. 

Since August I got $2.84 in dividends and the estimated 12 months dividends is $149.94. This is about 50$ less then what Steven Fiorillo does. 

Here are the reasons why:

• We don’t have the same tickers in our portfolio
• I allow for a few growths stocks
• I can buy partial shares

Plan Week September 27

Looking at the sector allocation, I need to bring up the smaller allocations. This week it is going to be health care.

CAH and CI both have 33.33$ invested. So I am going to split next weeks 100$ between both of them.

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

Update Week of September 13

 Added

As planed I added AVGO, MO, QYLD and OMC on Monday Sep. 13

Review

The account generated 58c in dividends. Since inception it is a total of $2.36

Notes

The updated spreadsheet can be found here.

To catch up with Steven to his week 29, I need to invest next week 370$.
During my research for tickers I came across QYLG. It does the same as QYLD but has a growth component to it. So I compared the returns for both of them not reinvesting the dividend.

The difference is worth noting.

Plan Week September 20

QYLG will be getting 200$ next week.

BTI is still undervalued. I am adding 66.66$ to the position

THW adding $33.33

MAIN adding $33.33

QYLG new position with $33.33

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

Update September 10

Changes in Positions

Removed

The KB position should not be there. What I really wanted was KBR. This happens when one does not pay attention and one ignores rule "read the order out loud". 

This position was sold for a 49c loss. Closed positions will get a yellow marker in the spreadsheet.

I also sold EPD or a gain of 36c, because I don’t want to deal with K1 next year at tax time.

Added

Last week I added 100$ worth of AB into the mix.

With this the financials are the heaviest sector. There should not be any additions for the time being.

Plans for week Sep 13-17

Currently there are $2,064 invested. To catch up with Steven who will be in week 29 this week, I will be investing 464$ this week. 

Add 66.60$ to MO

100$ into OMC a communication services company:

200$ into AVGO:

100$ into QYLD

Fast Graphs does not have data some ETF's.

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

Tracking

I will provide a spreadsheet that can be downloaded here. 

The following notes apply:

• Estimated yearly dividends will be always higher then what is being paid. Why: I only track 1 yield number a year. Not only does price change yield (keeping payment the same), dividend increases do as well. If the dividend changes in June, the earlier estimated payments will be adjusted up as well. I don’t have the time to keep such detailed records. For me it is ok.
• Some stocks have funny payment schedules. They are on the quarter, but then they pay on the 30iest of the prevous quarter, rather than on the first of the scheduled quarter. My spreadsheet goes by the standard. In other words on quarterly payments one may see in real life 2 payments in a quarter and a missing (not really) payment in the next. 

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do your own independent research and consult a professional broker or financial advisor.

Dividend Outline

Objective

Recently the company I work for offered, that we can buy Long Term Care Insurance.  Interesting idea. So I enquired more. The policy would pay up to 3x the contract value and per month one can pull 4% to cover long term care expenses. If I leave the company, the policy would come with me, and as long as I keep paying the premium, the policy stays active. If I for whatever reason, I can't pay the premium all is lost. This did not sit well with me. 

I remembered seeing articles from Steven Fiorillo posting on Seeking Alpha 100$ Week in Dividend Portfolio .

Now there is an idea. I could model a long term care dedicated account based on that idea. And if I can't contribute anymore, the money is still in my account paying dividends.

If I add 25$, 50$, 75$ or 100$ a week does not matter for the concept.

Details

• Generate dividend income from ETF's or stocks
• All dividends must be reinvested
• No MLP's 
• Yield goal for the portfolio is 4+%
• Source for inspiration is Steven Fiorillo, Article 100 $ week for dividends
• Other sources of inspiration FerdiS (dividend payers only) 

Additional Notes

• Create a cash account with Fidelity (They have fractional shares)

• Max 50 positions for now

• ETFs, Close End Funds fall under the category that they represent

• SPY/XYLD/RYLD go as Other

• Sectors go for the sector they stand for

• Funds will be equally  distributed between tickers initially 

• ETFs/Close end funds must have less than 1.50% management fee

• div growth stocks can be added and should get 0.5% yield to allow for a positions like MSFT/AAPL/AVGO

Catching Up

When I started this journey in August, Steven was in week 22 of his journey. I moved 3k into the account to have something to work with. Now it is week 26 and I have invested about 21weeks of capital. So I still have some catchup to do.

Exits

• Dividend cuts (dramatic)

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do your own independent research and consult a professional broker or financial advisor.

Blog Objective

Objective

The objective of this blog is a view into my investing world.

History

I bought my first stock at the age of 25 or 26. Back then I had to go to the bank, fill out a form, that was send to broker. Stock prices came per video text or a magazine. Access to the internet was sparce. So I started to read a couple of books about stocks. A friend of mine worked for Microsoft back then and he told me about the employee stock purchase plan he participated in. So I was hooked. Now the company I worked for was not publicly traded. So an ESPP was not an option for me.

Fast forward into 2000+. Eventually I bought my self an education about stocks and options and futures at Investools. Investools got bought by ThinkorSwim, and then eventually TD Ameritrade bought them. Now TD Ameritrade is in the process of getting integrated into Schwab.

Back then the education was expensive, but I learned a lot. These days the education is provided for free when one has an account with TD Ameritrade ( I don’t remember if it has to be funded or not). Some of my favorite coaches like James Boyd, John McNicol and Cameron May are still there.

These Days

These days I still run the user group I revived over 13 years ago in Investools. We are all on our own path now, but still collaborate on trading and investing. These days I talk about short term covered calls, another member talks about trading long and short verticals, and another member talks about covered strangles. One of our members lives in Canada. So we learn a lot about how those things work in Canada and what hurdles traders/investors have to jump through in Canada.  

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do your own independent research and consult a professional broker or financial advisor.