Friday, May 1, 2015

Buy and April Review

April Roth IRA BUY

I sold my entire mutual fund holdings and bought 2434.036 shares of Franklin Income Series Class C (FCISX) for a total of 6036.40 at a cost of 2.48 per share. It current yields 4.46%. 

FCISX is a monthly paying mutual fund that has been paying since 1995. It is a conservative fund with a 4 Star rating from M*. On average it will pay anywhere from $20-22 per month. It has a 1.11% expense ratio which is a bit high but no front end cost and a 1% back end cost if I ever sell the fund (which I won't).

Overall I'm happy with this buy. My previous fund was another mutual fund that paid a petty 1.8%.

This will increase my forward 12 months dividends by $240-264.

MAY SCOTTRADE FLIP

On May 1, 2015, I bought 2 shares of KO for a total of $81.76. I currently own 35 shares of KO and will continue adding under $41/share until I get 100 shares.
  
APRIL RESULTS

What just happened? I thought it was still March.

April Dividends
BAX
$27.04
OHI
$0.36
HASI
$13.52
PNY
$4.62
WIN
$22.75
TROW
$26.00
GE
$11.73
NRZ
$1.14
LTC
$3.57
PEP
$2.74
KO
$5
KRFT
$5.11
Total
$123.58

Income
Salary
$3176.37
Interest
$7.54
Dividends
$123.58

Total: $3307.49

Expenses
Car payment
435.45
Gas bill
67.96
Water Bill
111.46
Electric Bill
113.75
QuikTrip
94.22
Food/snacks
44.04
Discretionary spending
407.83
Total
1274.71

61% saving rate


Recap of Buys

Loyal3

First Half of April Buys
Symbol
Amount Invested
Shares
KO
$50
1.2349
PEP
$50
.5186
SBUX
$50
.5285
DIS
$50
.4687
WMT
$50
.6245
KRFT
$107
1.2158
SBUXS
$50
.5285
DIS
$100
.9417



Second Half of April Buys
Symbol
Amount Invested
Shares
Kraft
$5.11 (drip)
.0597
SBUX
$100
1.9775
KO
$200
4.8924
WMT
$100
1.265
DIS
$100
0.9093
KO
$500
12.3335


Taxable Scottrade Buys
Symbols
Amount Invested
Shares
OHI
$1005.40
26
TIS
$77.26
3


Roth IRA Buys
Symbols
Amount Invested
Shares
OHI
$989.55
27
FCISX
$6036.40
2434.036


Net Worth was of April 30, 2015
Scottrade
$31,404.95
Loyal3
$5,278.63
Roths
$6,986.49
401k
$11,376.40
Bank Accounts
$7,916.84
Total
$62,963.31


Monthly Updates:
       1)     I receive my annual pay raise. I went from $48,000 to $50,000. That is a 4% raise or an extra $100 after tax per paycheck (with overtime).  

       2)     I increased my 401k contributions to $625.00 a paycheck. I still expect $3,000 after taxes per month. I’m going to max out my 401k even if it kills me!

       3)     I have been buying a lot of Starbucks this month. It’s a bit pricey so I’m dollar averaging it. Many of my coworkers are suffering from Starbucks withdrawal symptoms. Not coffee but Starbucks. Crankiness, irritability, hatred of bright lights, and overall increase in anger. They buy K-cups to ease their pain…but it doesn’t work…even though it’s the Starbucks K-cups.  Apparently Starbucks put nicotine in their drinks or something. I just found out Starbucks and Panera have off the menu items for their gold members. Rumors are there is a secret Platinum membership for a select few. Starbucks is a cult now…

       4)     This is my first time calculating my net worth. I thought I was closer to 30k.

       5)    My Dividend increases
a.       OHI: $0.53 to $.054
b.      JNJ: $0.70 to $0.75
c.       UL (decrease since euro to dollar trade)
d.      AAPL: $0.47 to $0.52
e.       CORR: $0.13 to $0.135

        6)    My dividend decreases/freezes
a.       GE: still deciding if I should sell this or not. Maybe if the price went up to 28-30 and I’ll use the funds to buy T. Dividend yield is nice but I don’t trust management.
 
        7)    Stock Splits and Mergers:
a.       Win split off into two companies. WIN and SCAL. I am still waiting for an opportunity to sell WIN and SCAL off. Or I’ll see it at the end of the year and harvest my losses. One of my first sucker yield stock…along with ARCP.
                                                               i.      I now own 15 shares of WIN that pays $0.70/year.
                                                             ii.      And 18 shares of CSAL that pays $2.40/year.

b.      SBUX split 2:1. Since I owned .5 shares at the time I received 1 whole share after all said and done. 

        8)     My forward 12 month dividend current stands at $1743.38---1767.38.


That’s all I have for this month. I will continue doing the mid months buys unless I more free time. You readers get back to work unless you want your boss to find out about all this dividend investing and financial freedom talk. That’s crazy talk for crazy people. 


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