Sunday, January 28, 2018

Investing Update 1/28/2018

Hello!

Welcome to my third investing update for 2018.


Year-To-Date Update


1/1/20181/26/2018Change since Jan 1stAvg/Week
Robinhood Portfolio Value$3,586.18$3,753.42$167.24
Money from my pocket$2,902.00$2,922.00$20.00$5.00
Dividends$137.76$144.38$6.62$1.66
Gains/Realized & Unrealized$546.42$687.04$140.62

Robinhood Portfolio Value = (Money from my pocket) + (Dividends) + (Gains/Realized & Unrealized)

Since January 1st, 2018, my Robinhood Portfolio has increased by $167.24. Out of that $167.24, $140.62 came from my stocks increasing in price, $20.00 came from money out of my pocket, and $6.62 came from dividends.

Dividends Received


Dividends Received in 2018$6.62
# of Dividends Received in 201814
Average Dividend Payment Amount$0.473



Dividend Received DateCompanyDividend AmountDiv Yield
1/17/2018Portland General Electric$0.342.85%
1/17/2018US Bancorp$0.302.84%
1/25/2018Cisco Systems, Inc.$0.293.83%
1/26/2018General Electric$1.801.81%
1/27/2018Sysco$0.362.64%


This Week's Stock Purchases

I stupidly averaged down on GE some more over the past two weeks. I think I'm going to sell all my GE stock this week, I can put my money to work in better areas.

I am able to buy so many different stocks due to not paying commission fees, thanks to the trading app called Robinhood. If you want to learn more about Robinhood, click here

You can click on the investing tab or here to see what stocks I currently have in my Robinhood portfolio.

Signed,

Mitch

Monday, January 15, 2018

Martin Luther King Jr. Day

Dr. Martin Luther King Jr., and this is an understatement, made a huge impact on the civil rights movement. Today is a holiday in honor of Dr. King because of what he did for civil rights. If I lived during the 50's and 60's, I could harass and even assault a black person for being at the same diner as me, and I probably wouldn't get in trouble. In fact, I could probably grab some other white people to help with the harassment. The thought that black folks weren't considered humans is so sad and tragic.

Athletes kneeling for the National Anthem is a very polarizing topic, and you may think it doesn't belong here on this blog. I'm going to talk about it, and if that means you don't read my blog anymore, then OK.

Athletes kneeling for the National Anthem is/was a non-violent way to protest the injustice that black people are facing in America. Dr. King promoted non-violent ways to protest. Athletes kneeling got people's attention, and no one was killed by this kneeling. You might say that Soldiers died fighting for us, and we're all in a great debt to our Soldiers. Soldiers who defend this country are heroes. I don't see kneeling during the National Anthem as a knock on our soldiers and veterans. Black folks deserve to be treated equally compared to white folks.

It's hard to know what I can do in my every day life to help decrease racism and injustice. Voting is one way. Doing research on numbers and statistics to know more information on inequality is another. I don't believe shaming and belittling white people is effective, as some people do. Acknowledging that I have built-in prejudices towards people different than me, and not pretending that I don't, can also help.

This topic was a lot different from what I normally blog about, but it's important. Thanks for reading.

Signed,

Mitch




Sunday, January 14, 2018

Other Stocks that have Lost Value

Yesterday I talked about my General Electric stock, and how the shares I own have lost a lot of value. Today I'm going to talk about the other stocks that have lost value.


CompanySymbolCost BasisCurrent Value% Gain
General ElectricGE$398.55$281.4-29.39%
Portland General ElectricPOR$47.75$42.62-10.74%
First EnergyFE$33.07$30.07-9.07%
Southern CompanySO$48.50$44.84-7.55%
General MillsGIS$60.92$57.85-5.04%
Black HillsBKH$56.46$54.44-3.58%
PowerShares KBW High DivKBWD$23.99$23.75-1.00%
Global X SuperDividendDIV$25.43$25.34-0.35%
iShares US Preferred ETFPFF$38.24$38.12-0.31%


Above are the stocks that are currently trading lower than the price I bought them at. Looking at the stocks, I'm seeing a trend. POR, FE, SO, and BKH are all utility companies. Ever since I've owned FE stock, it's pretty much always been in the red (priced lower than what I bought it for). 

The other trend is with DIV and PFF. These are two monthly paying dividend ETFs. I haven't lost much value with these, but they're still negative. 

GIS, General Mills, seems like a good company, but maybe they're in a bad stretch right now and people aren't buying as many boxes of Lucky Charms. 

I'll need to do some more research on these stocks to see if it's worth still holding them, and if so, if I should buy another share to cost average done.

Signed,

Mitch


Saturday, January 13, 2018

Breaking Even on General Electric Stock

If you take a look at my portfolio, you'll see that I'm down $117 or 29.4% on General Electric (GE) stock. I kept averaging down over the summer and the stock price just kept going down. For a little while now, it's been between $17-$19 a share, and luckily it hasn't gone lower for awhile.

You don't lose money until you sell the stock, but as I've learned from GE, there is a potential danger in cost averaging down on a stock. Sometimes, it works out - like with my Target stock. I was negative for a long time on Target, but now I'm positive after averaging down. I would like to think that GE is a big enough company that it'd be safe to average down, but I'm not so sure anymore.

This post is going to calculate how much money it would take to break even on my GE stock.
  • GE closing price on Friday, Jan 12th - $18.79
  • Current number of shares - 15 shares
  • Current average cost - $26.57
  • Total Return right now = -$116.77
  • Hopeful sell price of $20.00/share

(15 shares) * ($26.57/share) + (X) * ( $18.79) = (15 + X) * ($20.00)
$398.55 + $18.79(X) = (15 + X) * ($20.00)
$398.55 + $18.79(X) = $300 + $20(X)
$98.55 + $18.79(X) = $20X
$98.55 = $1.21(X)
81.45 = X

I also just did the math manually on a spreadsheet, and yes, I would need to buy 81 more shares of GE at $18.79, and then wait for the stock to hit $20.00/share, and I would break even on my stock. 

I don't know about you, but I don't have $1,521.99 (81 shares * $18.79/share) to average down on GE stock. 

If I bought shares at $18.79, and held until the stock price his $22.00/share, I would only need to buy 22 more shares to break even. 22 shares at $18.79 share = $413.38. I don't have $413.38 to spend on GE, but that's better than $1,521.00. 

So....at this point, I'm not really sure what to do. I'm too stubborn to sell for a loss, so I may be holding this GE stock for awhile. GE will announce earnings on January 24th, so we'll see how that goes, and then maybe I'll update my decision. 

I hope the math makes sense!

Signed,

Mitch








Friday, January 12, 2018

Investing Update 1/12/2018

Hello!

Welcome to my second investing update for 2018.


Year-To-Date Update


1/1/20181/12/2018Change since Jan 1stAvg/Week
Robinhood Portfolio Value$3,586.18$3,696.70$110.52
Money from my pocket$2,902.00$2,912.00$10.00$5.83
Dividends$137.76$141.29$3.53$2.06
Gains/Realized & Unrealized$546.42$643.41$96.99

Robinhood Portfolio Value = (Money from my pocket) + (Dividends) + (Gains/Realized & Unrealized)

Since January 1st, 2018, my Robinhood Portfolio has increased by $110.52. Out of that $110.52, $96.99 came from my stocks increasing in price, $10.00 came from money out of my pocket, and $3.53 came from dividends.

Dividends Received


Dividends Received in 2018$3.53
# of Dividends Received in 20189
Average Dividend Payment Amount$0.392



Dividend Received DateCompanyDividend AmountDiv Yield
1/9/2018PepsiCo$0.813.18%
1/10/2018Global X SuperDividend$0.125.66%
1/10/2018Global X SuperDividend$0.256.89%
1/11/2018Illinois Tool Works$0.782.50%
1/13/2018Realty Income Delaware$0.214.91%



This Week's Stock Purchases

I bought some shares of GoPro this past week (Stock Ticker GPRO). I already sold them as I lost interest after the initial excitement of buying them. I didn't make much money off of it, but it was still fun to buy, but not as much fun to hold.

I am able to buy so many different stocks due to not paying commission fees, thanks to the trading app called Robinhood. If you want to learn more about Robinhood, click here

You can click on the investing tab or here to see what stocks I currently have in my Robinhood portfolio.

Signed,

Mitch

Thursday, January 11, 2018

Clearing out Clutter at Work

I spent some time today at work clearing out items that we don't need. Quite a few items have just been sitting and collecting dust for months now. I'm tired of looking at these items, and decided to put them in storage, out of the way. This doesn't fix the problem long-term, but it does help short-term. We now have more space and shelf space for the items we actually use.

I know some of the people I work with may be surprised at the change, but I think they'll find value in the new use of space. You have to keep making things better and improving upon things in life and at work. Staying stagnant isn't good. The phrase "That's how we did it last year" makes my blood boil.

People change, job needs change, and cultures change (sometimes slowly). When you're resistant to change, it makes you look rigid, and in my eyes, lessens your value as a worker. I am more likely to hire someone who can be flexible and see how change can be good, compared to someone who always thinks of how change is bad.

To quote Kylo Ren from the new Star Wars movie - "Let this past die."

Signed,

Mitch

Wednesday, January 10, 2018

Getting Outside during the Winter

Winter weather usually sucks. It adds a lot of extra effort to our daily lives. We have put on extra layers of clothing, check the forecast more often, scrap off and warm up our cars, drive slower if the roads are slick, shovel/snow blow the driveway, and more. It's also very dark in the winter.

I remember 5 years ago when I first started my full-time job in January of 2013. Moving to a new town and starting a new job in the middle of winter was not fun. I really only saw the sun on the weekends, and it was hard to learn a new town because my car had trouble getting around on snowy roads. I was somewhat depressed with not having a support system, being away from all of my friends at college, and feeling shut-in/trapped in my apartment because of the weather.

Fast forward 5 years, and I realize that I'm a lot happier this winter compared to 5 years ago. I think part of it is the job change, but I also feel like it's the fact that I get outside during the day. My job now, I'm able to be outside a little bit, and just getting some fresh air and seeing daylight, I believe has been very beneficial.

Obviously, I avoid being outside when it's negative 10 degrees, but lately it's been above freezing (32 degrees F), and it's felt amazing.

I know not everyone is in a position to get outside during their workday, nor is it even a good idea with snow, ice, and freezing temperatures. I know I've benefitted from being outside when it's been "warmer" this winter, and I need to keep being intentional about getting outside.

Signed,

Mitch