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Friday, October 28, 2016

Big Moves for the Career and this Tiny Portfolio: This Week's Buys T, DIS, EMR

This week has been one of the most exciting weeks of my life. Aside from getting into college and being hired as a teacher, this may be my most significant career move. I took my first step towards becoming an educational leader. After 10 years as a middle school social studies teacher, I accepted a position in my school as the Dean of Students. I start on Halloween. This is an excellent opportunity for me to grow, and will prepare me for my ultimate goal of becoming a Principal. 

Gaining this position led to some unexpected money from my mom. She gave me a little bit of money. A portion of the money went to expenses. I'm on family leave so getting a paycheck,  (though I will get a decent reimbursement from the state.) And daycare for two starts on November 1 and has already been deducted from my account. The majority of money will be used to invest both in myself and dividends. There is an age old saying dress for the job you want not the job you have. Well both my new job and the one I'd home to get down the road require a wardrobe upgrade. I have been slowly doing this one outfit at a time. This weekend I plan on buying a second suit and couple of new professional shirts/ties and pants. 

But I wanted to make sure I also used a portion of the income to invest in my portfolio. So this week I made a few buys.  

On the 24th I bought another 2 shares of T at 36.93 per share. This continued my trend of buying the dip over the Time Warner Purchase. 

However, I realized I have been buying a lot of telecom as of late between T and FTR. I also realized that a lot of my recent buys have been high dividend stocks and I wanted to diversify and add some stability to my portfolio. 

On October 25th I bought a single share of Disney for $92.82. This might not seem like much. But for a portfolio under 2k that share alone is a significant percentage. For me this was a no brainer. The Dividend is low but there is a ton of room for growth as Disney currently has a P/E ratio of under 17. And without a doubt Disney will also ways be around. The company also is incredibly diversified owning ESPN, theme parks, movies, streaming etc. 

My largest buy of the week was EMR 5 shares@49.85 per share. This was another boring buy. The share price has been largely flat for the past 9 years and the dividend growth has slowed considerably lately. But at the end of the day it is a Dividend Aristocrat with a P/E ratio of 17.78 well below its competitors in the field. The yield is a very solid 3.79 and the payout ratio of 65.1 shows that the dividend isn't in any jeopardy. They have a 4 star rating from Morning Star.

Overall it was an exciting week. With this latest investment I can now revise my 2017 Goals and reach a little more. 

Thursday, October 20, 2016

The month of T... and beginning to watch CVS.

This is turning into the month of AT&T. I like the dividend and long term this is a stock I would like to be one of my core holdings. I was able to get another single share today for 38.83. The logic was simple. If I like T at $39 and change, I also like it at a cheaper price. One of the advantages of Robinhood is it allows me to breakup buys in this manner. I am aware that T is taking a larger percentage of my portfolio. But my portfolio is so small that is going to be the case for a lot of my holdings early on. I'm not too concerned with this now because I plan on building on my other holdings as well. I also really like the price point for CVS right now and may move on it in the next couple of months if it stays cheap. Also considering adding shares of KMI, WFC, and CMP.

Also Goal Number 2 for 2016 is accomplished. I just passed $1,500 for my portfolio.

Tuesday, October 18, 2016

Just bought another share of T

Nothing flashy here. I bought another share of T today at 39.21. I had $40 in my Wells Fargo Way to Save Account and decided to put it to work. This is probably my last buy until November when I start getting paid again.

In other news I updated my goals page to start looking towards 2017. I realized my dividend goal for 2016 was a little ambitious given that I was starting in May. So I put up a number that should be a lot more achievable for 2017. I'm really excited for what 2018 or 2019. My oldest will be done with daycare/private kindergarten (We haven't yet made a decision there), and that starts freeing up some money to invest.

Friday, October 14, 2016

Another small buy 1 share of Flower Foods

Almost not worth posting about. But bought a share of Flower Foods on Wednesday at $14.92. Things are tight while I'm on leave. But I'll take slow and steady.

Tuesday, October 4, 2016

Recent buys, One Goal Complete

I recently purchased two shares of T on Robinhood today. I originally was only going to purchase one share at $40.42. However, when I saw the price dip a little further I bought a second share are $40.11. I had wanted to own 5 shares of this Dividend Aristocrat by the end of 2016 and I think I got in at an okay price. I also added a single share of FTR at $4.04. I don't see myself adding more FTR in the near future. But the dividend is still solid for the time being, and the price was 20 percent cheaper than it was just a few months ago.

Updated: Bought a third share of T at $39.89. This is the nice part about using Robinhood. I dow wish I was more patient and got all three shares under $40.

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