Sunday, August 31, 2014

Weekly Loyal3 Purchases

Earlier this month I started a new portfolio through Loyal3 and what I really like about it is the opportunity to dollar cost average into positions for free.  That's right no commission costs.  And the fact that you can purchase shares using your credit card is just icing on the cake.  That's an extra 1% "yield" through the cash back rewards I get with my credit card.  Not bad for getting to invest capital that I'd be looking to invest anyways.

I was a lot more active this week with purchases in this new portfolio since there wasn't a whole lot of value that I saw to make outright purchases.  That's just fine by me since I can slowly build up positions over time in some great companies.  Last week I invested $100 through Loyal3.

  • DPS - 8/25/14 0.4068 shares @ $61.45 / 2.67% YOC / $0.67 annual dividends 
  • BRK.B - 8/27/14 0.1828 shares @ $136.75 / 0.00% YOC / $0.00 annual dividends
  • GOOGL - 8/27/14 0.0429 shares @ $582.35 / 0.00% YOC / $0.00 annual dividends
  • DPS - 8/27/14 0.3987 shares @ $62.70 / 2.62% YOC / $0.65 annual dividends

I've currently got a purchase order lined up for more shares of Hershey's (HSY) and I'll be looking to add another $100 or so this coming week to continue building up the portfolio.  The no fee investing is really great for small but consistent purchases.

My forward 12-month dividends for my Loyal3 portfolio are now up to $3.87.  Adding that to the $4,986.29 for my taxable account and my total forward dividends are up to $4,990.16.  That's 99.80% of the way towards my goal of $5,000 by the end of the year.  With 4 full months left to save and invest I expect to be well over the my original goal and can hopefully push my forward dividends up over $5,500.  I'll be coming up with a new goal early next month.

I've updated my Portfolio page to reflect these additions.

If you want to open an account and Buy Stocks Fee-Free$0 fees to buy and sell stock.Open a free online account today. (Affiliate Link). Whether you use the link or not I still think Loyal3 is a great platform if you're looking to invest small amounts of capital for free.

10 comments:

  1. Very solid purchases. Even though two of the investments don't have a yield, they are both very great growth companies. You should hit your goal in the next purchase or two. $5k on dividend income is amazing and I am sure you are going to love seeing the full impact of $5k in re-invested dividends. Keep up the great work!

    Bert, One of the Dividend Diplomats

    ReplyDelete
    Replies
    1. Bert,

      I really like getting to DCA into BRK.B and GOOGL. Those are 2 great options. And I think eventually BRK.B will pay a dividend once WB & CM are now longer at the helm. I want to get at least a full share and then depending on what is going on next year I hope to attend the annual meeting. It's supposed to be a really good one plus who wouldn't want to learn from a few billionaires?

      Thanks for stopping by!

      Delete
  2. Great job, PIP. I keep thinking about Loyal3, would have been a nice place to start when I was 30 years younger. ;)

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    Replies
    1. KeithX,

      If Loyal3 can get more companies on board then it will definitely be a great place. That's the biggest drawback with them right now but there's still plenty of great DG companies to get started on.

      Thanks for stopping by!

      Delete
  3. Nice work JC! I am currently making some additional purchases of MCD and MAT, as I believe those two are some of the more depressed priced offerings in Loyal3 at the moment. HSY is another potential move for me as well.

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    Replies
    1. w2r,

      MCD won't be getting added b/c I'm still overweight them in my regular brokerage account but MAT is interesting and one I need to look at a bit more. I think HSY is a great one to DCA into but I wouldn't make a large purchase right now b/c it's still a bit expensive.

      Thanks for stopping by!

      Delete
  4. I really like brk.b but haven't pulled the trigger because they dont offer a dividend. However they are very well diversified and this is the only growth stock I would consider. The problem is the price keeps going up so I keep missing out on gains...

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    Replies
    1. Mongrel,

      I should have been buying BRK.B much earlier than this myself. Even though they don't currently pay a dividend, having one of the best investors ever working for you more than makes up for that. Plus I expect them to eventually pay a dividend or break up the company once WB & CM are no longer at the helm. If a break up happens that could be a huge boon to investors.

      Thanks for stopping by!

      Delete
  5. Nice purchases here. I hold 1 share of GOOGL :) and want to add BRK.B to my portfolio as well.

    ReplyDelete
    Replies
    1. DGJ,

      I'm working on getting a full share of GOOGL but w/ $25 purchases and a near $600 share price it's going to take a while. I'll get a full share of BRK.B soon and I'm hoping things will work out to where I can go to the annual meeting next year.

      Thanks for stopping by!

      Delete