Monday, November 30, 2015

Updated Investment Strategy

Once the new year hits, the chart below is pretty close to what my portfolio with Robinhood will look like. I am going to put the "dividend capture" strategy on hold. I am going to buy these stocks that pay dividends and hold them. I currently have around $560, and below shows the stock total as $544.65. This total is with stock prices today, so I'm leaving some cushion room for prices to go up before January.

Stock TickerCurrent PriceDividend Payment Months
JNJ$101.463,6,9,12
UL$42.853,6,9,12
MSFT$54.353,6,9,12
VZ$45.502,5,8,11
AAPL$118.302,5,8,11
KO$42.624,7,10,12
GE$29.961,4,7,10
PG$74.842,5,8,11
INTC$34.773,6,9,12
$544.65

I tried to pick these stocks so that I would get paid dividends every month. (The column for Dividend Payment Months - 1 = January, 2 = February, etc). I am also planning on adding money to my account on a regular basis in 2016. I will use the money that I'm adding, along with money from dividends, to buy more stocks. 

Also, I would like to own a share of Google in 2016. Right now, GOOG is ~$743, and GOOGL is ~$763. 

Signed, 

Mitch

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Thanks for your thoughts!