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.
In the video I made a statement that needs clarification. I said you do not own stock because of future growth. Then later on I talk up Starbucks future growth as a reason I want to buy it. Isn't that contradictory? Future growth is important but if you are a capital gains investor and you feel it is overpriced then you might want to consider selling. If the chance of future growth is the only reason to buy then go buy AMZN at a 146 P/E or CMG at a 61 P/E. Price is also a big concern because if they don't hit that expected growth? You find yourself in a position that NFLX investors did in July 2011 when they were a 71 P/E.
$100 deposit into Trading
$1.15 dividend from PCY
Model Portfolio Totals
Trading Account: $1,269.62
Estimated Monthly Income: $0 (Not ready to trade until Phase 1 completed)
Max loss per trade (1% of account): $12.69
Portfolio stop (3% account): $38.08
Investing Account: $2,744.00
Estimated Monthly Income: $9.78 ($0.205 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: $1.75 income/month ($0.063 from DRIP)
O: $1.08 income/month ($0.027 from DRIP)
JNK: $1.67 income/month ($0.070 from DRIP)
PCY: $1.15 income/month ($0.035 from DRIP)
Maneuvering Cash: $650
Savings Account: $1,300
Trading Account: $50
Investing Account: $250
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.