Friday, June 24, 2016

Project: Dividend Stocks for Teenager - finally... she picked a stock :)


I wrote how we started Dividend Stocks portfolio for my daughter and keep track of our progress here.

 About two weeks ago I had a post with list of stocks for my daughter to choose from to pick a new stock.

 It took her a while to pick a stock because she was busy with summer class and work plus she was complaining how she disliked all stocks on my list and why could't she have other stocks. I explained her that in my opinion lots of stocks overpriced now and we need to choose from "discount rack"... :) I suggested her to pick her own and I would do research on her pick but apparently she didn't want to do this either.

 She changed her mind several times, starting with BUD, then switching to Target and finishing with Ford as a final choice.

 So we added to her portfolio 99 shares of Ford at $12.59.
Surprisingly she had one free trade, so we didn't even pay any trading fees.

Thanks for reading and please share your suggestions.
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6 comments:

  1. DivHutJune 24, 2016 at 4:04 PM

    Interesting choice to go with F. Wonder why she went with that name. Of the three mentioned I would have taken BUD. Still, it's her choice and her investing lessons. Thanks for sharing and for teaching your daughter.

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  2. Dividend for StartersJune 26, 2016 at 3:35 AM

    Interesting choice! I've bought some F shares as well recently, but she paid a much better price, as my position is at -8% already.. :)

    Hopefully the car business will continue to grow!

    Thanks for sharing. Best wishes, DfS

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    Replies
    1. Happy Healthy and Wealthy GirlJune 27, 2016 at 8:20 AM

      I have shares of Ford in my portfolio as well. Looks like we could get even better deal today...

      Delete
  3. More DividendsJune 27, 2016 at 9:15 PM

    It is very smart to be teaching your daughter at a young age about investing. Its the kind of lessons that will pay her dividends for life! Thanks for sharing.

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  4. UnknownJune 28, 2016 at 8:40 PM

    I had a very very small position in F before Brexit but managed to buy a few more shares on Monday. I think the company is solid and the dividends will grow in the future. This is more of a dividend play than capital appreciation in my eyes. Saw you mentioned BUD above and have been pondering them myself. When economies slow down people tend to drink more so may be good buy...

    ReplyDelete

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