Sunday, September 7, 2014

Weekly Loyal3 Purchases

Last month I started a new portfolio with Loyal3.  Loyal3 is a new brokerage that allows you to make purchases with no commission costs.  That's right, fee free investing.  Even better is that you can make the purchases with your credit card and earn cash back rewards.  For me that's an extra 1% yield on the first year's dividend.  It's a great way to dollar cost average into positions over time although they do have a limited selection of companies you can invest in.

Each week I plan to make small purchases in several companies to slowly build up the positions.  This allows me to get some capital invested every week, for free.  The valuations might not always be the best but it does help me to consistently build up my portfolio and dividend stream that will eventually allow me to consider early retirement.


Here's the purchases that went through this past week.
  • HSY - 8/27/14 0.2735 shares @ $91.41 / 2.34% YOC / $0.59 annual dividends
  • DIS - 9/2/14 0.2752 shares @ $90.85 / 0.95% YOC / $0.24 annual dividends
  • GOOGL - 9/2/14 0.0419 shares @ $597.20 / 0.00% YOC / $0.00 annual dividends
  • MDLZ - 9/3/14 0.7062 shares @ $35.40 / 1.69% YOC / $0.42 annual dividends

My forward 12-month dividends for my Loyal3 portfolio are now up to $5.12.  Adding that to my regular taxable account's forward dividends of $4,989.73 and my total forward dividends are up to $4,994.85.  That's 99.90% of the way towards my original goal of $5,000 by the end of the year and 90.82% of the way towards my revised goal of $5,500.

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

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). I only link to products/services that I personally use or approve of.  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.

9 comments:

  1. Nice moves JC. I am doing similar. I'm planning to invest $350 per month across 7 names. Disney, Starbucks, Google, Pepsi, Nike, Hershey's and Yum are the initial focus in my Loyal3 accumulation portfolio. I did look at Mondalez, but was a bit concerned about the slow growth. Same thing with ABInbev Best of luck!

    ReplyDelete
    Replies
    1. Integrator,

      I like all 7 of those. If I didn't already have larger positions in YUM and SBUX in my regular brokerage account I'd add them to the mix as well. MDLZ might be a bit slower grower but I expect consistent increases above inflation which is good for me. The starting yield is a bit low but I think the product mix is great and the EM exposure should juice the growth a bit.

      Thanks for stopping by!

      Delete
  2. I am taking this approach myself. Every Thursday (arbitrary day), I choose 1-2 stocks to invest 25(2) or 50(1) to invest in. I have 12 positions and choose which on a weekly basis. How are you deciding each week which of the positions to add additional funds to? (I see you have 8 at the moment).

    A few dollars here and there, it really adds up! Congrats on your great goal progress!

    ReplyDelete
    Replies
    1. ILG,

      That's not a bad way to go either. I'm kind of taking a willy nilly approach right now for building up the positions with additional purchases and then have a monthly buy order set up for all the positions as well. I probably need to take a more systematic approach to the purchases here but over the long run I think the purchases will be just fine.

      Thanks for stopping by!

      Delete
  3. Hey PIP.
    I also added TWX, DIS, APPL, MAT, and MCD. I have been looking at YUM but I am concerned with their food quality. Nice picks this week. Keep it up!

    ReplyDelete
    Replies
    1. Mongrel,

      I think YUM will be fine but there could be rough spots. China seems to be a great growth driver but like the US was during the industrial revolution worker safety issues were pretty lax. I'm sure that's part of the reason the food quality issues have popped up again at YUM.

      Thanks for stopping by!

      Delete
  4. I think this is a total rip off. I did $2500 purchase of AAPL, on the 4th and posted on the 8th at a share price of $103.07.

    From start to finish of the transaction the price never went above $100.09.

    Paying $3.61 extra per share is very steep. Free my azz!


    Sep 8, 2014 99.30 99.31 98.05 98.36 46,277,800 98.36
    Sep 5, 2014 98.80 99.39 98.31 98.97 58,353,200 98.97
    Sep 4, 2014 98.85 100.09 97.79 98.12 85,594,800 98.12

    ReplyDelete
    Replies
    1. I put a sell order in today prior to 2pm. Sure I will get creamed on that too.

      Delete
    2. Anon,

      Sorry to hear about that. That's definitely a big difference in price and it might be worth asking their customer service about. I guess I'll have to go back and check some of the purchases to see if I'm seeing the same things in my own buys.

      Delete