Monday, November 12, 2012

Week 81 update

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
$1.59 from JNK

Model Portfolio Totals

Trading Account: 2,225.78

Investing Account: $4,537.32
Estimated Monthly Income: $19.41 ($0.523 from DRIP)
     ABT: $0.77 ($0.012 from DRIP)
     AFL: $0.67 ($0.010 from DRIP)
     MCD: $0.70
     STX: $2.01 ($0.010 from DRIP)
     WMT: $0.59 ($0.014 from DRIP)
     COP: $0.79 ($0.025 from DRIP)
     ERF: $0.92 ($0.076 from DRIP)
     WHZ: $3.68
     AGNC: $2.86
     O: $1.16 ($0.057 from DRIP)
     TCAP: $2.32 ($0.098 from DRIP)
     JNK: $1.74 ($0.150 from DRIP)
     PCY: $1.18 ($0.068 from DRIP)
Maneuvering Cash: $881.60

Savings Account: $2,175.20
Emergency Fund: $1,000
General/Car Fund: $825.20
Portfolio Protection
     Trading Account: $100
     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. Regarding AGNC, you received a dividend already. Since you are not reinvesting the dividend, wouldn't your cost basis be reduced from 250.00 by what the dividend was.

    1. Yes I did receive the $1.25 dividend/share. Leaving me a cost basis/profit point of $35.24

      I noticed a problem though that I hadn't thought of when I announced my decision of "No DRIP dividends lower my cost basis". The dividend gets added into the cash total which raises my portfolio total at the same time it lower's its cost basis... I'm counting it double if I was to look at the total return (currently at 6.51%).
      Since thats not my goal and I hadn't even looked at that stat for a couple months now its not an issue.

  2. Hey, I know this is a bit off topic but I'm curious what your thoughts are on the changes to dividend taxes and capital gain taxes? I heard the dividend tax rate is rising to 18% and cap gains is going over 30% or something crazy. Is that for everyone? That's scary.

    1. I had a post about it but its probably time to talk about it again what with the fiscal cliff coming.