Monday, July 4, 2011

Week 10 Deposit and the first dividend

We hit some nice milestones with the model portfolio...

EDIT: At the time this blog entry was posted I had a Youtube video here. That has been removed but I want the rest of my content to be remain. Nothing hidden no past mistakes ignored. All out in the open.

On the weekly deposit and review entries I'll also be changing the format as time goes on and new activity starts to talk about. Since I have the investing tab at the top I didn't see a need really to list out each investment's dollar value.

This changing of data shows a bonus of sharing a blog with others. It makes me keep in mind that I am talking about this with others so I need to show whats important. It also makes me keep in mind to pass on the less important stuff. Otherwise this would turn into a daily blog and you guys would get drowned out with too much info.

Just like investing is a marathon, I am finding out blogging is too. Since this portfolio will take years to complete there is no need for me to stampede out a herd of videos and entries at full speed. I can see how people go too fast and get burned out and quit a blog. Then that leaves everyone hanging.
I still want to be here and share with you all the "I hit my goal and quit my job!" video.

Weekly Activity
$100 deposit into Investing
$1.26 PCY dividend received

Model Portfolio Totals

Trading Account: $0

Investing Account: $693.87
Stock: $0
REITs: $0
Bonds: $553.76
     JNK: 7 shares.
     PCY: 10 shares. ($1.26 total dividends)
Manuevering: $140.11

Savings Account: $300
Emergency: $250
Portfolio Protection: $50
CDs: $0
Precious Metals: $0

Disclaimer: The investments and trades in my videos and blog entries are not recommendations for others.
I am not a financial planner, financial advisor, accountant, or tax advisor. The financial actions I talk about are for my own portfolio and money and only suited for my own risk tolerance, strategy, and ideas. Copying another person's financial moves can lead to large losses. Each person needs to do their due diligence in researching and planning their own actions in the financial markets.

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