Sunday, September 14, 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 - 9/10/14 0.2707 shares @ $92.37 / 2.32% YOC / $0.58 annual dividends
  • DIS - 9/10/14 0.2784 shares @ $89.80 / 0.96% YOC / $0.24 annual dividends
  • BRK.B - 9/10/14 0.1814 shares @ $137.80 / 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 $7.99.  Adding that to my regular taxable account's forward dividends of $5,063.52 and my total forward dividends are up to $5,071.51.  I'm now 92.21% 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.

7 comments:

  1. Slow and steady wins the race! I am likely going to look into picking up some HSY and YUM with my next purchases in Loyal3. Perhaps a little bit more MCD and MAT if they stay depressed. Given my $500 of monthly purchases, I have a good shot of getting my MAT and MCD positions up to about $1,000 each, all in just 10 months of building a side portfolio in an no-cost environment.

    Hope you enjoy your upcoming week!

    ReplyDelete
    Replies
    1. w2r,

      HSY and DIS are most likely being added at least once every week for the foreseeable future. YUM is getting to a point where I want to add a larger amount so I might be doing that later this week depending on how Mr. Market goes. Love getting to DCA into some positions every week/month. I think I'll eventually bump my Loyal3 investments up to $500 or $1k per month and then invest the rest of my capital in my other brokerage account. Consistent investing and still have the opportunity to make strategic large purchases. Win win in my book!

      Thanks for stopping by!

      Delete
  2. One day I want to own BRK stock. Just 1 share of the big one. To say I did. maybe try and get a certificate sent and frame it lol.

    ReplyDelete
    Replies
    1. A-G,

      I'd love to own the class A share but that's not going to happen anytime soon. I'm close to owning a full share of BRK.B and once I do I can officially go to the annual meeting next year. That's my plan as of now at least. Although a framed certificate of a BRK.A share would be awesome!

      Thanks for stopping by!

      Delete
  3. I like the dividend raise Yum just gave shareholders. This week I like MCD, YUM, DIS, and PEP. Looking forward to seeing future loyal3 posts.

    ReplyDelete
    Replies
    1. Mongrel,

      I was a bit surprised to see another 10%+ increase and that has been very close to adding to my YUM position in my regular account. DIS will most likely be added again this week and I'm still trying to decide if it's better to DCA into KO/PEP... or look for strategic larger buys.

      Thanks for stopping by!

      Delete
  4. PIP,

    Hershey and BRK.B after that 50 for 1 split and then price drop after. Those are 2 I missed out on getting cheaper It appears that HSY fell a little if I remember correctly it was over $100 a little bit. Either way those are some nice acquisitions that should pay you some safe dividends with potential for more capital appreciation.

    ReplyDelete