Showing posts from August, 2016

August 2016 Dividend Watchlist

I am back from the family vacation to North Myrtle Beach.  It was a great time and the weather was perfect the whole week.  Back home I heard it stormed almost every day.  My brown grass had turned green and it was about a foot high.  Some of it had even gone to seed.  Life goes on even when you're not there.  The same applies towards dividends.  The companies keep earning money and passing it on to you. 
Not having much time this month I haven't really looked at any stocks lately.  I did setup my screen in the beginning of the month but never got to posting what I found.  Now it has some data behind it and I would like to share it with you all.

There are many repeats and so far this month the set of them were trailing the S&P 500.  But in the past few days they have jumped and they have a nice gain for the month of 2.1%.  Most of the gains are attributed to Best Buy's beating expectations.  They are up 25% in one month.  Crazy how a little news causes everyone to ju…

July 2016 FrugalMaster Results

The FrugalMaster exercises took a break in July as the DFG family went to Niagara Falls for a family vacation.  There was also a payment due on our vacation in August for the condo rental.  Both were realized expenses this month so let's take a look and see if I was able to save for July
Income was slightly above normal
2 ordinary paychecks, some dividends in my taxable account and finally some hustle money.  We  had an old washer and dryer sitting in the garage for over 6 months.  It was on Craig's list and we finally got a buyer.   The sweet smell of cold hard cash finally was mine.  They didn't even haggle and gave me what I was asking.
I am also now getting cash rewards plus a bonus using my Bank of America Cash Rewards Credit card.  We pay it off in full every month so as to not incur any interest.  Instead the bank pays us and we get 30 days to pay it off.  Not a bad deal.  Vacations and other charges got us a $140 cash deposit.
Needs were within budget
eSurance credit…

July 2016 Dividends

Summer flies by way to quick.  It is August and we are already starting back to school shopping.  My wife won't even say the S word around the kids.  We didn't hear the D word much last month either.  Still waiting for the first dividends from my new IRA dividend portfolio to roll in.
My taxable account where I did transfer stock in kind to my new accounts had 3 companies make a deposit.  I had set the dividend reinvestment to automatically reinvest without thinking.  Now that it is August my rewards program kicks in and I get 30 trades a month for free.  Now I can take the case from these companies and invest in the best company at the time based on my stock screen.  Before I did DRIP only because it saved on investment fees.

Well there it is a whopping $2.07.   I will take it because my forward dividend income from my new portfolio was boosted by $57.  I hope you easily trumped me in July regarding dividends.
Happy investing,
Dividend Family Guy

Dividend Portfolio for Beginners (or in my case starting over)

In June I started my account consolidation project to take advantage of a Rewards Program offered by Bank Of America & Merrill Lynch.  I have one account, my mortgage, to change in my bill pay system and then I can shut the door on my old brick & mortar bank.    In the process I took advantage of the great market we have had for the past 5+ years and sold all stocks in my IRA.    The goal being to create additional capital to invest and start that dividend machine over again with the best bargains meeting the Dividend Family Guy stock criteria.
I sat on the cash for what seemed like forever waiting for a good day to buy.  As luck would have it Brexit happened and I was actually paying attention to the news.  I figured I would watch the markets the day the vote happened and wish for the best (big drops across the board).  For most people days like that are not good as they watch their money vanish.  For those wishing to pursue dividend growth investing, it is like winning the …

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This webpage is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security. If you have any questions please feel free to contact me at dividendfamilyguy at gmail dot com.