Sunday, April 15, 2012

Week 51 update and savings

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.

Weekly Activity
$100 deposit into Savings
$1.65 dividend from JNK
$1.09 dividend from O

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: $2,775.39
Estimated Monthly Income: $9.80 ($0.223 from DRIP)
     ABT: $0.76 income/month
     WMT: $0.59 income/month ($0.007 from DRIP)
     COP: $0.77 income/month ($0.007 from DRIP)
     ERF: $1.75 income/month ($0.063 from DRIP)
     O: $1.09 income/month ($0.031 from DRIP)
     TCAP: $2.01 income/month
     JNK: $1.68 income/month ($0.080 from DRIP)
     PCY: $1.15 income/month ($0.035 from DRIP)
Maneuvering Cash: $750

Savings Account: $1,400
Emergency: $1,000
Portfolio Protection
     Trading Account: $50
     Investing Account: $250
CDs: $100

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.


  1. Good catch on the car re-purchase idea. Normally I would prefer a money market account that provides easy penalty-free access to funds, when it comes to budgeting for something like a car. But the penalty-free CD may be a good choice. I would compare the rates of the 2 before executing.

    1. Funny you mention that. Sharebuilder sent me an email saying their money market offers 0.03% but I can change my cash position to an FDIC insured account, savings I think, that gives 0.5%. Their standard savings account is that too.
      Thats gets it a bit closer to the 0.94% no penalty CD at Ally. Thats a difference of $4 for a $1000 account over an entire year. May not be worth the hassle but I'm still debating.