Sunday, November 9, 2014

Weekly Loyal3 Purchases

Back in August 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.  Well, I just got an email on Friday from Loyal3 and they will no longer be accepting credit cards for purchase of stock.  So the credit card arbitrage is now over, but that doesn't take away from the value that Loyal3 offers investors.  It's still a no fee way to dollar cost average into wide moat companies which you just can't beat.  There's still a little bit of time to make purchases with credit cards so I'll most likely load up on some extra purchases next week and then slowly bring down my investments through Loyal3.  The plan is to still invest there but probably not at the same rate that I was originally planning on.

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.

Surprisingly I didn't make a whole lot of purchases last week.  I planned to make more but the stock market continued its climb higher so I slowed down some.  I'm sitting on an 4.0%+ gain since starting my portfolio there just a few months ago.  Next week will probably see a lot more purchases to report in my portfolio.
  • KO - 11/3/14 0.5914 shares @ $42.27 / 2.89% YOC / $0.72 annual dividends
  • UL - 11/3/14 0.6244 shares @ $40.04 / 3.65% YOC / $0.91 annual dividends
My forward 12-month dividends for my Loyal3 portfolio are now up to $35.46.  Adding that to my regular taxable account's forward dividends of $5,227.52 and my total forward dividends are up to $5,262.99.  I'm now 95.69% 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.


  1. Glad to see you are seeing the benefit of no fee investing. I'm reading a lot of comments out there that loyal3 is worthless without the credit card gimmick and they are quitting. Unless they have another no fee way of investing they are adding costs. I dont use loyal3 myself but I can at least see its benefits.

  2. Great buys. I will use Loyal 3 to add to lower current dividend stocks that I don't want to do $2500 at a whack adds too, like YUM, SBUX, NKE, DIS, etc because of the no purchase fee.

  3. We don't own either company but both KO and UL are on our watch list. Both are companies we would definitely like to add to our portfolio on day. BTW...your Loyal3 account is growing quite nicely. Keep it up!

    Wishing you continued success. AFFJ