Sunday, January 8, 2012

Week 37 Update

JNK tried to pull a fast one on me and the beginning of the Coin Flip account...

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.

Here are the payments for JNK over the past couple years. You can see what I meant by that worrisome trend.. JNK Historical Distributions / Share

1-2010 $.36
2-2010 $.34
3-2010 $.33
4-2010 $.32
5-2010 $.31
6-2010 $.31
7-2010 $.31
8-2010 $.31
9-2010 $.30
10-2010 $.28
11-2010 $.28
12-2010 $.27
1-2011 $.29
2-2011 $.25
3-2011 $.25
4-2011 $.25
5-2011 $.25
6-2011 $.25
7-2011 $.25
8-2011 $.24
9-2011 $.25
10-2011 $.23
11-2011 $.23
12-2011 $.24
1-2012 $.21

Back when I first invested in JNK back in July we saw several months of $0.25/month and I had thought things stabilized. I'll have to keep a close eye on future payments.

When I last calculated ERF's yearly payment I looked off of their website to get the past 12 months and used what they called the "2011 Dividend Payment Schedule". One would think that would be for 2011 but it actually shows 13 payments and thusly my estimate was too high. That was corrected on the spreadsheet.
What actually got me to notice it was the fact that I was comparing the Week 36 numbers to today's I noticed ERF had a really big jump in its estimated payment for no reason. Oil hasn't jumped that much that would have impacted their revenue and they didn't have any new oil rigs start.  Again, its about truly knowing  what you are invested in. I looked for an error on my part and found it.

Weekly Activity
$100 deposit into Investing
$1.58 dividend from WMT
$1.45 dividend from JNK
$1.75 Long term capital gain from JNK

Model Portfolio Totals

Trading Account: $885.13
Estimated Monthly Income: $0 (Not ready to trade until Phase 1 completed)
Max amount in Forex trade (50% of account): $442
Max loss per trade (1% of account): $8
Portfolio stop (3% account): $26

Investing Account: $1,863.55
Estimated Monthly Income: $6.11 ($0.118 from DRIP shares)
     WMT: $0.53 income/month ($0.003 from DRIP shares)
     ERF: $1.72 income/month ($0.030 from DRIP shares)
     O: $1.07 income/month ($0.014 from DRIP shares)
     JNK: $1.65 income/month ($0.051 from DRIP shares)
     PCY: $1.13 income/month ($0.020 from DRIP shares)
Maneuvering Cash: $600

Savings Account: $1,000
Emergency: $700
Portfolio Protection
     Trading Account: $50
     Investing Account: $250
CDs: $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.

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