Update Feb 07 (week 49)

Added

As planed 100$ went into ABBV.

Review

This weeks dividends were 40c from ALTY. YTD this are $42.99 and since inception $99.63.

Market (the way I see it)

The point of control has moved up to the closing price area of last Friday $440.46. I added an alert to my chart at $422.66. this is 12% off the highs. 

We lost the 200SMA and the 30SMA starts to develop into a resistance. The situation about Russia and the Ukraine does not  instill a lot of trust into people. 

Other Thoughts

I am discussing with myself to increase the weekly contribution to 150$.

Why?

The yearly contribution would be $7,800. In 10 years the contribution would be $78,000.

The current return in dividends (not including growth or accounting for re-invested dividends) is 4.55% meaning in 10 years it would translate into $3,549 before taxes a year. This does not sound like much, but it is for sure better than what I would get in my checking/savings account, even after taxes.

As of now I have not made my mind up.

Plans for next week

The entire amount goes into LMT.

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.

I own everything I discuss or will enter a position within the next 72h. I am not getting paid anything to mention anything.