Stock Purchase

Fail October & Investing Update

Posted on by Kipp

MoneyTreeAs you may have noticed, it has been a bit since I have been active in blogging.  Now there is really no good reason, but that time is already gone.  Now once I get my regular computer back working I will have all the stuff to update my income and expenses for the past two months, as well as update my net worth.  With that said I have updated my Portfolio showing the stocks purchased from the ROTH IRA transfer as well as my automatic Loyal 3 purchases.  I hope to continue with my previous schedule with Tuesday and Thursday blog posts, resuming, today!

And I think the theme of last month had me personally a little off.  I just can’t seem to post every day and while thinking about living while I am dying, I would rather live a bit more in the moment.  Anyways, as of today I have found myself with some extra time in the short term so I hope to get everything up to date shortly as well as some posts set up for the future as well. Continue reading →

Recent Stock Purchases

Posted on by Kipp

MoneyTree

I mentioned in my post about Loyal3 that I have added some positions in Microsoft (MSFT) and Kraft (KRFT).  I also have some small auto purchases being made, just $10 a month, into several stocks.  The purchases that occurred during September include Coca-Cola (KO), Walt Disney (DIS), Pepsico (PEP), Walmart (WMT), Unilever (UL), and McDonald’s (MCD).

The only positions that had subsistence really were the purchases of MSFT and KRFT.  Being that Loyal3 is fee free, I am able to put in just a few dollars at a time.  Also, the added bonus is this makes my financial planning easier as I now have 10 automatic purchases set up I will automatically earn interest in my checking account which is usually over $15.00 a month.  Now I don’t need to worry about the amount of times I use my debit card at the store and I can focus all of my purchases on reward credit cards while knowing I will be maximizing the return of my cash.

With that said, let’s go into a little detail about these stocks that I am purchasing. Continue reading →

August Stock Purchase and Dividend Update

Posted on by Kipp

MoneyTreeInitially I was not planning on purchasing stock this month.  But a single investment stuck out to me and made me think if paying off debt faster than the minimum payments is the best move financially.  That stock is AT&T (T).

I purchased 29 Shares of T for $34.91 a share after fees, $1012.51 total, after fees.  This purchase will increase my annual dividend yield by $53.36.

If you looked at my most recent net worth update you will see that currently I have just over $117,000 in various forms of debt.  However, on that page I did not include interest rates, one of the reasons is because the student loans are at 3 different interest rates.  The one student loan I plan on paying off next month carries a 5.35% interest rate, and is the higher rate loan I have.

After that my rates are 5% for the mortgage, my weighted average student loan payment will be at 3.52% interest (original amounts at $5,500 at 4.25% and $11,000 at 3.15%).  So why is that important in making a decision on buying this particular stock? Continue reading →

July Stock Purchases

Posted on by Kipp

So last week I had liquidated my holdings in two different mutual funds, the Fidelity Contrafund and Equity Income Funds freed enough cash that I decided to invest in 4 different companies.  Previously, I already owned positions in Ford (F), International Business Machines (IBM), and Exxon Mobile (XOM).  These previous purchases were more in regards to gut feelings than any in depth research.  I think that the gut-check will still play a part in purchases, but probably only after passing some financial checks in the future.  The current amount in these holding is:

  • 33 Shares of Ford (F) provides $16.50 in annual dividend income
  • 7 Shares of IBM provides $30.80 in annual dividend income
  • 12 Shares of Exxon Mobile (XOM) provides $33.12 in annual dividend income

So my beginning annual dividends totaled to a whopping $80.42!

With that said, here are my four recent stock purchases:
Continue reading →