End of January updates

Wrap up for January

-initiated a postion in OHI @ 44.4599 and MKC @ 70.85

-add to PG @ 84.50 to average down

-GE DRIP 0.238 GE @ 24.3306


Musings:

Wow CAT. Really couldn't have gotten too much worse of an entry in retrospect. Thankfully its a long term hold.

Dividend income predictions, did notice that my dividend income predictions will be lower than I have on my spreadsheet. Why? spreadsheet assumes 4 dividend payments throughout the year which wont be the case for some of the stocks (or I added after ex-div date and).   Some of the positions I initiated this month were based on ex-dividend date.

Need to do more research/planning on determining Fair Value, this should help make entries and additions to the portfolio at a better price point. Thanks to DivHunt for the reminder. Still new to this.

       
         

CL on watch for a purchase

I bought a starter position in CL in January and almost the worst possible entry @$70.61. I'm looking to add, but i'm going to try to use a little trading knowledge and patience for a better entry for my 2nd buy.

On the daily chart is has broken the 200 SMA and the lower bollinger band.  The last resistance around that level was $66, so I'm now watching to see if that will act as support.  Next stop below that is $63.50 and $60.75.

Daily Chart

Weekly Chart

Below $66 i'm probably going to buy some PUTS to $63.50. The only thing that will (probably) prevent me from grabbing PUTS is earnings.  I'm no expert at all, but I've learned that stocks can go down on good earnings and up on crap earnings. It's such a big unknown. so we'll wait and see. Past earnings havent really given a good indication on if the stock gets a good pump or dump.  I'm also ok if it bounces and $66. Guess we'll set up some alerts and see. I'll post back on what I do.

IRA Purchase TD

added to my TD position today. Trying to get the remainder of my 2015 money to work and the stock is near 52 Week lows

bought 11@$42.13

Weights have been updated on the shared portfolio

IRA Purchase VOD, RY, GE

Bought 10 RY @ 62.3999

I want to slowly add some foreign exposure.  Historically Canadian banks have held up ok. So figured some exposure wouldn't hurt and the dividend yield is good (3.97%).  This adds $25.10 in passive dividend income.

Chart

The stock is looking weak right now but I guess i'm hoping its on sale.  Checking out a monthly chart most of the time the 50 SMA has held up as support. If we blow through that maybe i'll start to get worried.

On the weekly the 200 has held as support.

Will also be eyeing that $60 area for a swing trade if it holds.

other info

http://www.dividendgrowthinvestingandretirement.com/2013/07/the-great-canadian-banking-series-royal-bank-of-canada-dividend-stock-analysis-part-4-of-10/

There was also a more recent article on Canadian banks but i cant find it.

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Bought 15 VOD @ 34.86

In the theme of a little more foreign exposure I bought VOD.  This adds $16.50 in passive dividend income.

Chart

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I also added to my GE position as planned if it went under $24.

Bought 20 GE @ 23.7199

DRIP Purchase (KRFT)

Bought 0.21 KRFT @ 65.5547 via DRIP

This adds .46 to my yearly dividend income.

Drip Purchase (O)

Bought 0.088 O @ 52.4085 via DRIP  this adds $.19 to my yearly dividend income

[Shared] Dividend Growth Investing 101

worth a read if new to the concept of dividend growth investing.

http://www.thediv-net.com/2015/01/dividend-growth-investing-101.html

IRA Purchase COP

COP 10 shares @64.15

Entry position in another Energy stock.  This should add $29.20 to passive income stream.

chart

DRIP Purchase (CB)

Bought 0.049 CB @ 101.6596

This takes projected income from $20 to $20.10        

IRA Purchase HP, EMR, UTX, PFE

Took starter positions in HP, EMR, UTX, PFE today. Mostly because the last of my 2014 IRA money posted and I wanted to put it to work as quickly as possible.

15 HP @60.36

Why? Energy play and stock opened down 5%.  My uhoh was i wanted a ~$500 position which should have been 10 shares.  This is basically a $800 bet this company will survive the current energy shenanigans and be back to $100+ in 5-10 years.

10 EMR @60.41

Why? Partly this. But it was on my to buy list

20 PFE @31.65

Why? on my buy list

5 UTX @112.66

Why? want to slowly develop a position in the defense contractor space.

Those purchases put my projected dividend income in at $1319.50, which is above my $1250 goal. I will change the goal to $1500 as I have a few more dollars to purchase some additional things if the opportunity presents itself and i'm using yahoo finance API to pull in the dividend data and it seems behind what my broker shows.

DRIP Purchase (HDV)

1/02/2015  Bought 0.087 HDV @ 76.5371  via DRIP

This took annual dividend on this stock holding from $24.50 to $24.71   wwwwwwooooohooooo!

The public sheet hides the shares but the weight was updated

IRA Purchases CAT

Bought an additional 10 shares @87.78  of CAT as the stock approaches 52 week lows of 85.88 and because the ex-dividend date is coming up 1/15/2015.

The stock was listed as underweight yesterday/today (1/5/2015)  && reasoning TLDR; its profits related to selling equipment to the energy(oil/gas) sector.

This is  a long term hold and as its close to 52 week lows, I see it as a buying opportunity. Below 85 or closer to 80 i'll by another 10. A few years from now when this is back above 110 i'll be a happy guy.

chart

[Shared] 12 More Things People Who Make a Lot of Money Do

12 More Things People Who Make a Lot of Money Do

http://www.wisebread.com/12-more-things-people-who-make-a-lot-of-money-do

1. Skip TV (Especially Reality TV)

Corley found that 67% of wealthy people watch one hour or less of TV every day versus 23% of poor, who watch more. Further, only 6% of the wealthy watch reality TV.

2. Meditate

A Huffington Post article highlighted 10 wealthy people (including Oprah, Larry Brilliant, and Bill Ford) who all meditate daily to help them focus.

3. Exercise Regularly

Many studies tout the benefits of exercise to improve not only physical health, but also mental health. This is probably why 76% of the wealthy Corley studied exercise aerobically four days a week.

4. Invest Their Money

The Millionaire Next Door found that millionaires, on average, invest nearly 20% of their household income each year; with the majority investing at least 15%. And 79% of millionaires have at least one account with a brokerage company.

5. Keep Their Mouths Shut

People who make a lot of money don't gossip or say whatever pops into their head at that moment. Corley found that only 6% of wealthy say what's on their mind.

6. Wake Up Early

Are you best friends with your snooze button? If you want to act like a rich person, better start waking up early. Laura Vanderkam, author of What the Most Successful People Do Before Breakfast wrote in an article for Success.com that of 20 premier executives, 18 regularly woke up before 6 a.m.

7. Eat Healthy

People who make a lot of money don't just eat "well" in terms of high end restaurants, they also eat healthy food. Rich people, on average, eat less than 300 junk food calories per day, according to Corley.

8. Read (for Work or Pleasure)

Whether it's for work or pleasure, people who make a lot of money read, read, read.

Rich Habits highlights that 88% of wealthy read for 30 minutes or more each day for education/career and most of them (86%) state that they love to read.

9. Have a Nightly Ritual

Having a nightly ritual helps people who make a lot of money collect their thoughts, wind down, and prepare for the next day. 

10. Start Their Own Businesses

The Millionaire Next Door found that most millionaires are entrepreneurs who start their own businesses. It doesn't have to be a start-up technology company. Even owners of waste-removal services do quite well financially.

11. Keep a Running List of Tasks

If you make a lot of money you need to keep track of what you have to do. In fact, Corley found that 81% of the wealthy maintain a to-do list and actually manage to accomplish about 70% of their tasks each day.

12. Network

You don't make money in isolation, it takes getting out there and meeting other people. And 79% of wealthy network five hours or more each month according to Rich Habits.

If people who make a lot of money do these things, do they do them because they make a lot of money? Or do they make a lot of money because they do them? It's a bit of a chicken and egg problem. But, many of the above require diligence, self-control, persistence, and hard work. So, chances are, if you have or develop these traits and do the same things people who make a lot of money do, you too will earn more.

[Shared] Want To Rebalance A Portfolio? Use Cash, Cash, Cash

Interesting perspective on rebalancing and the idea to rebalance with new infusions of cash and not by selling winners just because you are overweight or not balanced.  I like it

http://theconservativeincomeinvestor.com/2014/12/29/want-to-rebalance-a-portfolio-use-cash-cash-cash/

DRIP Purchase (IDV)

Will try to update DRIP purchases on this blog

12/30/2014  Bought 0.672 IDV @ 34.0445  via DRIP

This took annual dividend on this stock holding from $88.37 (2014 values) to $98.21 (2015 $/per share). (Dividend increase for 2015)

portfolio spreadsheet was updated to reflect the new amount of shares owned.

IRA Purchases GE, WEYS, PID

Some alerts went off today on GE and WEYS. I don't have a full position on GE and I wanted to add WEYS.

Bought 25 GE @24.94, lowering my overall price on the position to $25.59. I'll most likely consider adding another 25 below $24

Chart for GE 1/2/15

Why WEYS?
partly here: http://www.dividendgrowthinvestor.com/2014/12/best-dividend-stocks-for-2015.html

Bought 20 WEYS @28.55  I would consider adding more below $26 and have alerts set if it reaches that point.

Chart for WEYS 1/2/15

PID
Bought 25 @17.3999

why foreign dividend exposure via ETF

Chart for PID 1/2/15

This increases projected dividend income for the year to: $1,197.03