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.
So in my video I mentioned that I was waiting for WM to hit 4% yet it already is there. Since I am basing my entry point on past valuation and past price action I want to also price it at the past dividend. It recently got a raise to its dividend that I do not want to add in quite yet into my decision of what a good price is.
$100 deposit into Investing
$1.59 dividend from JNK
Model Portfolio Totals
Trading Account: $993.39
Estimated Monthly Income: $0 (Not ready to trade until Phase 1 completed)
Max loss per trade (1% of account): $9.93
Portfolio stop (3% account): $29.80
Investing Account: $2,624.44
Estimated Monthly Income: $7.75 ($0.184 from DRIP)
ABT: $0.76 income/month
WMT: $0.58 income/month ($0.004 from DRIP)
COP: $0.77 income/month ($0.007 from DRIP)
ERF: $1.74 income/month ($0.052 from DRIP)
O: $1.08 income/month ($0.023 from DRIP)
JNK: $1.67 income/month ($0.070 from DRIP)
PCY: $1.14 income/month ($0.030 from DRIP)
Maneuvering Cash: $800
Savings Account: $1,300
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.