Monday, May 21, 2012

Calling it quits at Week 56

Everyone has to know their limitations...

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.

Ok I admit I had fun with the title. The Model Portfolio will go on. If anything my recent job instability is a reminder how important it is to get an alternate income stream for financial security.  Its kind of funny how people will say how risky the financial markets are, how its gambling. Yet they are going "all in" and letting their entire future ride on one dice roll.... that they will have a job next paycheck.

Weekly Activity
$100 deposit into Investing
$2.27 dividend from ABT
$1.10 dividend from O

Model Portfolio Totals

Trading Account: $1,447.96
Estimated Monthly Income: $0 (Not ready to trade until Phase 1 completed)
Max loss per trade (1% of account): $14.47
Portfolio stop (3% account): $43.41

Investing Account: $3,143.23
Estimated Monthly Income: $10.58 ($0.264 from DRIP)
     ABT: $0.76 ($0.006 from DRIP)
     AFL: $0.63
     WMT: $0.59 ($0.007 from DRIP)
     COP: $0.77 ($0.007 from DRIP)
     ERF: $1.77 ($0.078 from DRIP)
     PSX: $0.12
     O: $1.09 ($0.035 from DRIP)
     TCAP: $2.01
     JNK: $1.69 ($0.091 from DRIP)
     PCY: $1.15 ($0.040 from DRIP)
Maneuvering Cash: $950.11

Savings Account: $1,425
Emergency: $1,000
General/Car Fund: $125
Portfolio Protection
     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.


  1. I thought for a moment you were gonna quit your blog, that scared me!

  2. best be keepin this blog going for a while....another great post!

  3. lol. It was all in good humor. I do plan to be around for awhile.

  4. Hah that title bummed me out for a sec there. Glad your sticking with it. :-o