DIVIDENDS

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 →

Disadvantages and Advantages of Loyal3

Posted on by Kipp

FREEI have read a few other bloggers talk about Loyal3 and it seems like they are a pretty good way to invest, but only in a few select companies. Other bloggers talking about them include Retire Before Dad, who uses a credit card to earn rewards on his monthly purchases from Loyal3.  Dear Dividend is perhaps the first place I read about Loyal3 in his post about cheap or no fee investing.  Also Ryan at impersonal finance did a great summary about Loyal3 as well.  So if everyone is talking about it, it must be all good right?  Well there are a few things that I don’t like about the service but also many things that I do like. 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 →

Frankly Frugal Finance: Weekender Edition #4

Posted on by Kipp

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Here we are with the first weekend of August and I am quickly approaching one month in the blogging world!  Time just seems to fly by when either you are busy or having fun, or both.  I like to think it is the both part.  Anyways, if you have checked out my posts this week you can cheat and just click on the links below:

Life is Short – You Only Live Once

Choosing a Broker for the ROTH IRA

Earn Money Over 10 Times in a SINGLE Transaction

 

Now it is time to honor those other great bloggers out there!  I try to keep this list short with just five, but I do tweet articles throughout the week as well.  You can follow me on twitter @FranklyFrugalFI to see them as I find them.  Also the blogroll is a great place to find blogs with great content as well.  Anyways, the articles I want to highlight this week are:

Continue reading →

Earn Money Over 10 Times In a SINGLE Transaction

Posted on by Kipp

BonusThe system is rigged in your favor.  There are multiple ways you can make money when purchasing an item.  If you don’t think so, I am going to walk you through backwards as to how you can make money over 10 times in a single transaction.

Lets say you found an extremely nice fancy camera on Amazon.  You are a camera addict so you don’t use point and shoot cameras, no you want that fancy Nikon camera.

You can simply just pay for this on your debit card and be done with the transaction, get the camera, and be happy with your purchased that you thoroughly researched.  But you are a frugal shopper, and you wouldn’t just pay with a debit card. Continue reading →

Choosing a Broker for the ROTH IRA

Posted on by Kipp

QuestionSo, you may have read that I am looking to transfer my wife’s ROTH IRA and I have been looking at options as to where to transfer this to.  So I decided to pull together a few options to compare.  Although there are many brokers, there are a few in particular I wanted to take a closer look at and go through some of the reasons why I may choose a certain broker for the ROTH IRA. 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 →