QE3, PM, and PM's

 
QE3 announced and market gains 207 points to close at 13,540. Fed says they will  be buying $40 billion in mortgage-backed securities each month and keep rates at artificial and "exceptional" low rates until at least 2015. 

Good news for investors that own financial assets and precious metals. Bad news for the poor, middle class, and fixed income savers. 

Watch out for inflation in the coming months and years.

Silver was up over 4% to close at $34.67.  Gold up 2% to close at $1772.

In other news, PM raised dividend 10%!  Corresponds with 4% gain to close at $90.13.

Looking to the future and what I expect to be a heavy inflationary period, a cant lose portfolio are cigarettes and precious metals.  PM and PM's!

Sharebuilder DRIP Purchases

Market just keeps climbing.  Up 69 points today to close at 13,323.

Today's buys:

• $300 of EXC at $35.41. Yield 5.93%. **Lowest buy price of my DCA purchases**  

• $200 of TEVA at $40.75. Yield 1.93%

• $200 of MCD at $91.76. Yield 3.05%
   

Total purchase of $700 and added $27.74 to my annual dividend income. 

Party like its 2007!

Big rally today in the market as it closed up 244 points to close at 13,292- the highest point since December 2007!

For better or worse, I stayed fully invested throughout the turmoil and the subsequent recovery and my net worth is 3x higher now then it was in December 2007.

Looking back, it makes me realize that one of the most important traits of a successful investor is guts.  Be willing shake off gut wrenching paper losses without selling and have the balls to buy more when the market is a complete train wreck. 

http://accumulatingassets.blogspot.com/2008/11/apocalypse-now.html

Sharebuilder DRIP Purchases

Weekly buys went through yesterday.  Market closed at 13,036.

• $251 of CAT at $82.79. Yield 2.51%.
  

• $250 of MCD at $88.91. Yield 3.15%. 
  

• $250 of EXC at $36.24. Yield 5.79%. **Lowest buy price of my DCA purchases**  

• $200 of BBL at $57.80. Yield 3.94%. 

• $200 of AFL at $46.10. Yield 2.86%. 

• $200 of TEVA at $39.63. Yield 1.98%.

Total purchase of $1351 and added $36.25 to my annual dividend income.

August 2012 Dividend Income Update

Dividends Received

Total dividends received during the month were $476.61:

• ABT $135.60
• KMR $114.68
• PG $74.94
• KMI $53.53
• PAYX $43.58
• VZ $39.03
• CLX $15.25

Purchases

This months purchases:

• $3107.50 of BBL at $58.32. Yield 3.91%.
• $902 of MCD at $89.01. Yield 3.15%.
• $802 of TEVA at $40.68. Yield 1.93%.
• $500 of EXC at $37.38. Yield 5.62%. 
• $250 of CAT at $86.35. Yield 2.41%. 
• $200 of AFL at $46.28. Yield 2.85%. 

Also reinvested all dividends.
 
$6,238.21 in total new capital added with initial yield of 3.61%. 

Dividend Increases: 

• MO 7.3% raise. +$37.48 annual income.
• BBL 3.6% raise. +$5.46 annual income. 
• BHP 3.6% raise. +$2.30 annual income.

All together, annualized dividend income increased by $270 from last months total of $7,150 to $7,420. This means my dividend stocks will pay $7,420 in dividends over the next 12 months.

Sharebuilder DRIP Purchases

Market is frothy.  Bargains are getting harder and harder to find so I continue to add to my cash position rather than into the market.

Right now I am almost 35% cash.

My weekly buys went through on 8/7 (Dow 13,169) and 8/14 (Dow 13,172).  Invested $201 into the same 2 companies on both transaction days.

Purchases:

• $402 of MCD at $88.96. Yield 3.15%.    

• $402 of TEVA at $40.66. Yield 1.93%.  

Total purchases of $804 and added $20.41 to my annual dividend income.

Patience...

July 2012 Dividend Income Update

Dividends Received

Total dividends received during the month were $457.57:

• GE $142.11
• PM $136.01
• MO $126.61
• FAF $42.23
• IDGTX $10.61

 

Purchases

This months purchases:

• $800 of MCD at $89.74. Yield 3.12%.
• $600 of EMR at $45.06. Yield 3.55%.
• $600 of TEVA at $39.92. Yield 1.97%.
• $400 of PG at $61.43. Yield 3.66%. 
• $250 of CAT at $82.54. Yield 2.52%. 
• $200 of AFL at $42.16. Yield 3.13%.
• $200 of BBL at $55.02. Yield 4%. 

Also reinvested all dividends.
 
$3,507.57 in total new capital added with initial yield of 3.12%. 

Dividend Increases: 

• KMI 9.4% raise. +$18.35 annual income.
• KMR 2.5% raise. +$11.20 annual income.

All together, annualized dividend income increased by $138 from last months total of $7,012 to $7,150. This means my dividend stocks will pay $7,150 in dividends over the next 12 months.

Sharebuilder DRIP Purchases

Not too many bargains in the stocks I follow now.  Most of my stocks have had some good run ups.  Cyclicals are one of the few sectors that are attractively valued.  I have my eyes on CAT and if I can get it around 3% initial yield ($70), I will initiate a position.  It closed today at $81.92.   I would also love to initiate positions in V and MA but they keep going up and up.

Also waiting for a pullback on SDRL.  Closed today at $37.54.

I will add larger buys at BBL under $50 and KMI under $30.

Patience....

Dow closed at 12,806 today and made the following buys:

• $200 of MCD at $91.50. Yield 3.06%  

• $200 of EMR at $44.61. Yield 3.61%

Total purchase of $400 and added $13.29 to my annual dividend income.

Sharebuilder DRIP Purchases

My weekly buys went through on 7/3 (Dow 12,944) and 7/10 (Dow 12,653).  Invested $200 into the same 4 companies on both transaction days.

Purchases:

• $400 of PG at $61.43. Yield 3.66%. 

• $400 of MCD at $89.11. Yield 3.14%.    

• $400 of EMR at $45.30. Yield 3.53%.  

• $400 of TEVA at $39.47. Yield 1.99%.  

Total purchases of $1600 and added $49.30 to my annual dividend income.

June 2012 Dividend Income Update

Dividends Received

Total dividends received during the month were $670.66:

• RDS.B $124.03
• RDS.A $3.12
• JNJ $99.49
• LMT $96.35
• EXC $81.16
• PEP $71.14
• BDX $53.54
• CVX $44.79
• AFL $36.67
• TEVA $26.89
• GS $14.07
• EMR $12.43
• MCD $5.28
• FTR $1.70

Purchases

This months purchases (includes reinvested dividends):

• $949 of BBL at $54.93. Yield 4.01%.
• $903.54 of BDX at $72.98. Yield 2.47%. 
• $862.43 of EMR at $45.86. Yield 3.49%.
• $650 of PG at $60.83. Yield 3.70%. 
• $600 of KMI at $31.34. Yield 4.08%. 
• $536.67 of AFL at $39.37. Yield 3.35%.
• $504.28 of MCD at $86.85. Yield 3.22%. 
• $444.79 of CVX at $98.18. Yield 3.67%. 
• $400 of RDS.B at $65.15. Yield 5.28%.
• $276.89 of TEVA at $38.01. Yield 2.06%.

Also reinvested dividends in JNJ, PEP, EXC, LMT, GS, FTR, and RDS.A.
 
$6,573.96 in total new capital added with initial yield of 3.59%. 


All together, annualized dividend income increased by $236 from last months total of $6,735 to $6,971. This means my dividend stocks will pay $6,971 in dividends over the next 12 months.