Week 66 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 Investing
$0.89 dividend from ERF


Model Portfolio Totals

Trading Account: $1,725.78
Estimated Monthly Income: $0
Max loss per trade (1% of account): $17.25
Portfolio stop (3% account): $51.75

Investing Account: $3,953.43
Estimated Monthly Income: $10.80 ($0.356 from DRIP)
Stock
     ABT: $0.76 ($0.006 from DRIP)
     AFL: $0.63 ($0.005 from DRIP)
     STX: $0.84
     WMT: $0.59 ($0.011 from DRIP)
Energy
     COP: $0.78 ($0.016 from DRIP)
     ERF: $0.90 ($0.064 from DRIP)
     PSX: $0.12
REITs
     O: $1.11 ($0.049 from DRIP)
BDCs
     TCAP: $2.19 ($0.049 from DRIP)
Bonds
     JNK: $1.71 ($0.112 from DRIP)
     PCY: $1.16 ($0.050 from DRIP)
Maneuvering Cash: $1,200.82

Savings Account: $1,875.20
Emergency Fund: $1,000
General/Car Fund: $525.20
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.

Type of Investments: 4.5 The good, bad, and the ugly of royalty land trusts

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.

I easily spend the most time talking about royalty land trusts with others then any other type of business. Is it any wonder really seeing everything I have said before about royalty land trusts and now in this video.


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.

Final vision of the Investing Account

I wanted to share with you all what my final vision is in how the Investing account will take shape...

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.

Now when I say this is the final vision I do not mean that I will be done with investing. There will be plenty to do with adding more shares, selling companies I no longer like, and buying into new companies to the portfolio. Those activities never change. This is all just describing the creation phase of the investing account.



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.

Week 65 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 Trading


Model Portfolio Totals

Trading Account: $1,725.78
Estimated Monthly Income: $0
Max loss per trade (1% of account): $17.25
Portfolio stop (3% account): $51.75

Investing Account: $3,796.19
Estimated Monthly Income: $10.79 ($0.351 from DRIP)
Stock
     ABT: $0.76 ($0.006 from DRIP)
     AFL: $0.63 ($0.005 from DRIP)
     STX: $0.84
     WMT: $0.59 ($0.011 from DRIP)
Energy
     COP: $0.78 ($0.016 from DRIP)
     ERF: $0.90 ($0.059 from DRIP)
     PSX: $0.12
REITs
     O: $1.11 ($0.049 from DRIP)
BDCs
     TCAP: $2.19 ($0.049 from DRIP)
Bonds
     JNK: $1.71 ($0.112 from DRIP)
     PCY: $1.16 ($0.050 from DRIP)
Maneuvering Cash: $1,100.82

Savings Account: $1,875.20
Emergency Fund: $1,000
General/Car Fund: $525.20
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.

Know your investments

You hear the term due diligence a lot with researching stock. Just how important is it...

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.

Looking at the past performance of MAIN vs TCAP it would appear Main Street Capital has given more total returns so what's my complaint? Past performance is no guarantee of future returns. The price that the market has assigned to MAIN is separate from how management runs the company. If a few of their loans go bad now MAIN has to cut the dividend or sell even more assets. Whereas with TCAP if some of their loans go bad they can always resort to selling assets for a short term fix while they replace those loans.

Now I am not saying Main Street Capital is a bad company. They aren't doing anything illegal in hiding definitions because it is in their public filings and it continues to be on my investing watch list (3 tab of the spreadsheet). I think management is good overall and I will wait to see if the net interest income covers the dividend.


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.

Intelligent Investor Part 2

Continuing my review of the book "Intelligent Investor" by Benjamin Graham

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.

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.

Week 64 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 Investing
$1.63 dividend from JNK
$1.11 dividend from O


Model Portfolio Totals

Trading Account: $1,625.78
Estimated Monthly Income: $0
Max loss per trade (1% of account): $16.25
Portfolio stop (3% account): $48.75

Investing Account: $3,783.01
Estimated Monthly Income: $10.79 ($0.351 from DRIP)
Stock
     ABT: $0.76 ($0.006 from DRIP)
     AFL: $0.63 ($0.005 from DRIP)
     STX: $0.84
     WMT: $0.59 ($0.011 from DRIP)
Energy
     COP: $0.78 ($0.016 from DRIP)
     ERF: $0.90 ($0.059 from DRIP)
     PSX: $0.12
REITs
     O: $1.11 ($0.049 from DRIP)
BDCs
     TCAP: $2.19 ($0.049 from DRIP)
Bonds
     JNK: $1.71 ($0.112 from DRIP)
     PCY: $1.16 ($0.050 from DRIP)
Maneuvering Cash: $1,100.82

Savings Account: $1,875.20
Emergency Fund: $1,000
General/Car Fund: $525.20
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.

Do you want the life of a trader and investor?

Do you want the life that you are working towards? The entire lifestyle...

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.

As I mention in the video, we don't have to choose now we can work our accounts up in size and see how things progress before we quit our job.

How many times have you taken a job thinking it will be great then you start finding out about how its really going to be like and start focusing on finding a new job. It is something I feel is pretty important to keep in mind as we invest and trade. Is this something we really want to do? The problem with investing and trading is if we spend years towards this goal, quit our jobs, and then later find out it really isnt for us.... is it too late to go back and get back in the work force? You may have to start over in seniority, 401k build up or qualification for a pension. You can always make more money but lost time we cannot make up.


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.

Week 63 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


Model Portfolio Totals

Trading Account: $1,625.78
Estimated Monthly Income: $0
Max loss per trade (1% of account): $16.25
Portfolio stop (3% account): $48.75

Investing Account: $3,651.08
Estimated Monthly Income: $10.78 ($0.337 from DRIP)
Stock
     ABT: $0.76 ($0.006 from DRIP)
     AFL: $0.63 ($0.005 from DRIP)
     STX: $0.84
     WMT: $0.59 ($0.011 from DRIP)
Energy
     COP: $0.78 ($0.016 from DRIP)
     ERF: $0.90 ($0.059 from DRIP)
     PSX: $0.12
REITs
     O: $1.10 ($0.039 from DRIP)
BDCs
     TCAP: $2.19 ($0.049 from DRIP)
Bonds
     JNK: $1.70 ($0.101 from DRIP)
     PCY: $1.16 ($0.050 from DRIP)
Maneuvering Cash: $1,000.82

Savings Account: $1,875.20
Emergency Fund: $1,000
General/Car Fund: $525.20
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.

Seagate (STX) purchase

I not only get into my newest investment Seagate, but also give my thoughts on investing in the tech industry as a whole.

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.

Graphs from Fastgraphs.com



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.

First half 2012 investing account review

I often review the trading count but not as often check the investing account as a whole...

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 things are preceding well and we have two points of concern...
1: PSX uncertainty.
2: ERF's dividend growth


For PSX its a waiting game. They are a brand new company and we will need to see how they develop.
For ERF.. I have gone into extreme detail with them elsewhere but my reasons for buying and owning them have not changed. I'm not saying that my thesis of ERF long term is how it will turn out. But I have my thesis, have considered the alternatives, have my backup plans in case I am wrong. That is how we become profitable long term when the average investors fails and loses. We act opposite of the average investor which is to say that we consider the possibility of being wrong as much as being right.


One last thing in regards to ERF.... ERF is a prime example of what Benjamin Graham talks about in his book "The Intelligent Investor". You do NOT sell stock just because it has fallen. You do NOT sell stock because of being swept away in mass hysteria. My reason for buying them has not changed just because someone wants to sell their shares in the $12s.  It has taken me years of investing to be able to have that frame of mind after seeing a 50% drop. Investing is not unlike trading in this respect. It takes time and experience to build up that skill set.


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.

Week 62 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.

There is also the end of the month trickling of interest on the cash positions that I added into the totals but not really noteworthy on their own to list out.

Weekly Activity
$100 deposit into Savings
$6.42 dividend from TCAP
$1.15 dividend from PCY


Model Portfolio Totals

Trading Account: $1,625.78
Estimated Monthly Income: $0
Max loss per trade (1% of account): $16.25
Portfolio stop (3% account): $48.75

Investing Account: $3,636.76
Estimated Monthly Income: $9.93 ($0.337 from DRIP)
Stock
     ABT: $0.76 ($0.006 from DRIP)
     AFL: $0.63 ($0.005 from DRIP)
     WMT: $0.59 ($0.011 from DRIP)
Energy
     COP: $0.78 ($0.016 from DRIP)
     ERF: $0.90 ($0.059 from DRIP)
     PSX: $0.12
REITs
     O: $1.10 ($0.039 from DRIP)
BDCs
     TCAP: $2.19 ($0.049 from DRIP)
Bonds
     JNK: $1.70 ($0.101 from DRIP)
     PCY: $1.16 ($0.050 from DRIP)
Maneuvering Cash: $1,250.82

Savings Account: $1,775.20
Emergency Fund: $1,000
General/Car Fund: $425.20
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.