8/6 Purchases (Dow 15,519):
- $250 of RDS.A at $64.19. Yield 5.60%.
- $200 of CAT at $82.40. Yield 2.91%.
- $200 of PM at $88.81. Yield 3.83%
8/13 Purchases (Dow 15,451):
- $200 of INTC at $22.46. Yield 4.01%.
- $200 of PM at $87.86. Yield 3.87%.
- $200 of KMI at $37.01. Yield 4.32%.
Today's Purchases (Dow 15,001):
- $250 of KMR at $79.27. Yield 6.66%.
- $250 of PM at $84.87. Yield 4.01%.
- $200 of RDS.A at $64.01. Yield 5.62%.
How are you purchasing those shares ? They seem too large to be drip purchases and too low to be paying a $7-10 fee on each one. Just curious.
ReplyDeleteWoops, it was in the title. How'd I miss that? Well that's quite an impressive amount of DRIP there. WOW
ReplyDeleteCapt Dividend,
ReplyDeleteThanks for stopping by. These purchases are not a real "Drip", I just call it that. These are contributions through a plan with Sharebuilder.com where I get 12 orders each month for $12. The cavaet is that the purchases go through on Tuesdays of every month. Before each Tuesday, I decide how much I will invest and in which companies.
I have been using this Sharebuilder service for almost 3 years and have been happy with the service and strategy.
cheers,
AA
Nice growth man! I like the consistency of adding new money to your portfolio and growing it this way. It pushes me further too.
ReplyDeleteThanks for this article. It is very nice to hear that Sharebuilder has this $12 monthly deal for 12 buying trades.
ReplyDeleteIt might be ideal for someone just starting out, or for someone who wants to allocate as many companies as possible in their Roth/Regular IRA, while minimizing investment costs.
By the way, how easily can you cancel the monthly subscription?
I'm looking to buy some stocks and think AFL looks cheap at about 8x earnings and a 2.4% dividend with a low payout ratio...what am I missing hear?? Does it look to cheap to you?? (It also has nice dividend growth over the past years)
ReplyDeleteMartin, thanks man! I am still watching O and will start a position if I can get 6% initial yield. Keep up the good work youself!
ReplyDeletecheers,
AA
DGI, thanks for stopping by. Like I said, I have been very happy with the Sharebuilder service and have built up a decent size portfolio with it. I can say those the weekly purchases really do add up over some time. I also have accounts with Etrade, TradeKing, and Fidelity.
ReplyDeleteThere is no obligation with the Sharebuilder service and I can discontinue the plan with a click of the button.
cheers,
AA
Tom,
ReplyDeleteI also like AFL and am long. I think it is attractive here but even though I am wrong in my thinking, sometimes I have a hard time adding to positions when my cost basis is significantly lower then current price. Last div increase in Oct 12 was a little light (6%). Hopefully its better this Oct.
cheers,
AA