Sunday, January 8, 2017

Investing Update 1/6/2017

Hello! I normally try and post my investing updates on Fridays, but I ran into maintenance issues in my apartment on Friday. It became a headache, and I couldn't get anything done.

The format of my investing updates may look a little different these first few weeks, as I want to play around with formatting/presentation. I hope to make it even easier to understand.

Year-To-Date Update


1/1/20171/6/2017Change since Jan 1stAvg/Week
Robinhood Portfolio Value$2,186.18$2,296.18$110.00
Money from my pocket$1,876.00$1,966.00$90.00$105.00
Dividends$59.27$60.94$1.67$1.95
Gains/Realized & Unrealized$250.91$269.24$18.33


Robinhood Portfolio Value = (Money from my pocket) + (Dividends) + (Gains/Realized & Unrealized)
  • The average/week #'s are going to look weird because the average is using the first 6 days of the year. As time goes on, these numbers will look normal again.

Stock Purchases

I bought two stocks this week, Cisco (CSCO) and Sysco (SYY)! 
  • CSCO - Purchase Price of $30.30
  • $0.26 dividend * 4 payments/year = $1.04
  • $1.04/$30.30 = 3.43% dividend yield - Nice! 
If you want to look at more information about CSCO and its' dividend, click here
  • SYY - Purchase Price of $54.62
  • $0.33 dividend * 4 payments/year = $1.32
  • $1.32/$54.62 = 2.42% dividend yield - Decent! 
If you want to look at more information about SYY and its' dividend, click here.

Dividend Stocks
  • I currently own 32 dividend stocks
  • 31 of those stocks pay dividends 4 times/year = 124 payments
  • 1 stock pays dividends 12 times/year = 12 payments
  • Total dividend payments needed to get paid "Every Other Day" - 183
  • 183 - 124 - 12 = 47 
  • 47 more payments needed or approximately 12 more dividend stocks. 
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



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