Saturday, February 13, 2016

Investing Update 2/12/16

Unrelated to investing, but I learned the secret to weight loss today. It's a 3 step process a good friend told me -

Step 1. Don't ever finish a meal.
Step 2. See Step 1.
Step 3. There is no Step 3.

I temporarily stopped my weekly deposits into my Robinhood account. There was something weird going on with the amount of time it took for my funds to clear, and so I just stopped it for now. I am still 100% behind Robinhood, and I just hope that these changes are in preparation for Robinhood Instant.

My weekly transfers used to initiate on Mondays, and my funds would be ready to trade Wednesday morning. The past 2 weeks, the funds would initiate on Monday, and wouldn't be ready to trade until Friday. This past week, the funds didn't even initiate on Monday. I probably should have contacted Robinhood Support, but I'm not too worried about it right now. To be honest, I'll probably use my tax refund to buy the remainder of the stocks I plan on buying in 2016, and go from there.

Year-To-Date Update

1/1/20162/5/2016Change since Jan 1st
Robinhood Portfolio Value$607.87$723.27$115.40
Money from my pocket$550.00$675.00$125.00
Dividends$9.79$13.36$3.57
Gains/Realized & Unrealized$48.08$34.91-$13.17

The table above shows the change in my Robinhood portfolio since the start of 2016.

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


Dividends

I did not receive any dividends in my Robinhood account his week. I did receive $6.90 in dividends from my Apple stock on my other brokerage.


Stock Purchase

I bought 1 stock this week, and it wasn't a stock I have purchased before. This is my attempt to diversify my stocks, so I bought a stock in the utilities sector.

StockTickerSharesBuy PriceAvg. Price/ShareUpcoming Div.Div. Yield at Purchase
Southern CompanySO1$48.50$48.50$0.544.45%
Total$48.50


2016 Investing Missions

  • Purchase and hold 25 different stocks that pay dividends: 15/25 - 60% Completed (Not counting Disney stock)
  • Receive $75 in dividends: $10.47/$75.00 - 14% Completed.


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

Signed,

Mitch

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