Friday, September 30, 2016

Investing Update 9/30/2016

Yesterday I talked about Robinhood Gold, and I have no updates as of today. If I keep adding money to my account at a steady pace, I may be able to try Robinhood Gold out in November.

New Stock

I bought a new stock this past week! I bought a share of First Energy, stock ticker FE, for $33.07. If you want to learn more about it, here is the link to their website - https://www.firstenergycorp.com/about.html.

The reason I bought this stock was to add more weight to my utility stocks. It's also an electricity provider, which I'm trying to stay away direct coal/gas energy companies. I don't think they have a stable long-term future.

Since February of 2014, FE has paid out a quarterly dividend of $0.36. I realize they haven't raised their dividend, which would be a requirement for other dividend bloggers. As for me, I'm trying to research and learn about companies I like. They haven't raised their dividend, but they haven't reduced it either, so that's good.

A $0.36 dividend times 4 = $1.44. $1.44 of dividends divided by the purchase price of $33.07 = 4.35%. This is above 4%, nice!


Dividends

I received two dividends this past week -

9/30/2016Union PacificUNP$0.55
9/30/2016Pub Svc Ent. GroupPEG$0.41

Let's look at my dividend yields for these stocks

UNP - ($0.55 x 4 payments/year) / $87.35 purchase price = 2.52% yield - decent

PEG ($0.41 x 4 payments/year) / $45.90 purchase price = 3.57% yield - good!


Year-To-Date Update


1/1/20169/30/2016Change since Jan 1stAverage/Week
Robinhood Portfolio Value$607.87$1,879.28$1,271.41
Money from my pocket$550.00$1,627.00$1,077.00$28.13
Dividends$9.79$41.25$31.46$0.82
Gains/Realized & Unrealized$48.08$211.03$162.95

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

2016 Investing Missions



2016 MissionAmount I haveAmount Needed% Complete
Received $75.00 in Dividends$40.58$75.0054.11%
Purchase 25 Dividend Stocks3025120.00%
2016 Calendar Year26836673.22%

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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