Oh youtube. How you love to torment me with your thumbnails you choose.
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.
Managing an investing and forex trading portfolio is going to require a lot of changing between multiple time frames. I like companies that pay a dividend every month. However I need to keep in mind that it will take years to DRIP in a lot of compounding. Then again I am trading on the hourly time frame candlesticks for Forex. Yet its not about one trade but all the trades over months and years.
Its all the time frames together.
$100 deposit into Trading
$1.62 dividend from JNK
Model Portfolio Totals
Trading Account: $849.33
Estimated Monthly Income: $0 (Not ready to trade until Phase 1 completed)
Max amount in Forex trade (50% of account): $424
Max loss per trade (1% of account): $8
Portfolio stop (3% account): $25
Investing Account: $1,746.06
Estimated Monthly Income: $6.01 ($0.072 from DRIP shares)
WMT: $0.53 income/month
ERF: $1.70 income/month ($0.019 from DRIP shares)
O: $1.07 income/month ($0.009 from DRIP shares)
JNK: $1.62 income/month ($0.030 from DRIP shares)
PCY: $1.09 income/month ($0.014 from DRIP shares)
Maneuvering Cash: $500
Savings Account: $850
Trading Account: $50
Investing Account: $250
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 adviser. 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.