Friday, February 20, 2015

MADE SOME GOOD MOVES IN JANUARY/FEBRUARY PURCHASING ROYT, GLW AND SPHD!

Made some good decisions to bolster portfolio returns in January and February!  I purchased shares of ROYT on the belief that the panic over oil prices was overblown.  I'm currently up close to 10% on my stake in ROYT and have already started collecting dividends.  

Completed the sale of CRF and CLM in my taxable account last week and used proceeds to buy stakes in GLW and SPHD.  GLW for growth and dividends and SPHD for monthly dividends and stability.  Looks like that was a good move as well, since I've not only recovered commission costs but have recouped some of the money lost from my investments in CLM and CRF.  (Still hold stakes in CLM and CRF in my IRA account.)

Collected dividend payments from PSEC and NYCB.  I've been a long term shareholder of NYCB and while I don't expect any earth shattering returns, it has been a good investment for me.  I'll continue to hold both these stocks as long as the dividends keep rolling in.  Total dividend income from my investments was up over 100% at the end of January and looks to be headed in that direction for the end of February.  With several more dividends to collect for this month, income is already 20% more than I earned for the full months of January and February 2014!


Friday, February 13, 2015

SOLD CRF AND CLM, COLLECTED FIRST DIVIDEND FROM ROYT!

Sold shares of CRF and CLM in my taxable account and have put in an order for GLW and SPHD to replace them.  This will reduce my total number of dividend payments, however, I believe Corning and SPHD will be much better investments going forward.  Wanted to get out of the losing positions before I lost even more.

Collected my first dividend from ROYT!  I'm having all dividends reinvested to grow number of shares owned and increase monthly income.  

Still bearing up from the slow down and reduced hours at work.  Have been busy looking for second job or new job.  While I don't have any viable prospects just yet, there are a lot of places taking applications, so I'm pretty confident that I'll be finding a new job soon.  Been polishing up the resume as I go and I'm pretty happy with the results.  

Tuesday, February 3, 2015

WANT TO MAKE SOME EASY MONEY?

Want to make some easy cash?  Who doesn't?  If you open a new account with CapitalOne 360 you can get:  $50 for a new checking account, $25 for a savings account and/or $25 for a child's savings account.  Just click on the link below to see what CapitalOne 360 has to offer.

Capital One 360

JANUARY 2015 DIVIDEND INCOME UP 100% OVER 2014!

With the final 3 dividends at the end of the month, January 2015 dividend income total is up 100% over January 2014!  Even with setbacks and blunders on my part last year, I met my annual goal of doubling dividend income and am on track for doing the same this year.  

Started February off with 4 dividend payments for the first of the month.  Should see new dividends this month from UTG and ROYT.  The extra income from these two investments will boost monthly income throughout the year since they both pay monthly.  

As for last year's poor performing funds, I've decided to pull out my original cash investment and reinvest in individual stocks.  However, instead of selling the shares outright, to get my original cash investment back, I've diverted the monthly dividends to the cash portion of my accounts.  I've set automatic investments to purchase the stocks I want to buy when the cash reaches the correct amount.  After I've gotten my original cash investment out from the dividends, I may let the remainder ride and keep drawing the cash.  I don't really expect these investments to do well going forward, but I don't expect them to under anytime soon.  So as long as they churn out cash, I'll probably hang on to them, just won't buy any more.