My Weekly Stock Watch List (6/8)

I was very busy and did not have a chance to buy any stocks this week. I was planning to buy on Friday but my internet stopped working and I decided that it was a sign not to buy this week.

Here is my watch list for upcoming week*.

Stock	Name, description	price as 5/31	Dividend Yield
ARI	Apollo Commercial Real Estate	$16.97	9.60%
SBSI	Southside Bank	$26.92	3.30%
PG	Procter & Gamble	$80.03	3.20%
ARCP	American Realty Capital Properties, Inc.	$12.38	8.00%
TGT	Target	$57.68	3.00%
ROST	Ross Stores	$69.08	1.20%

This week list consists mostly same stocks.

My Weekly Stock Watch List (5/31)

This week I did not purchase any stocks. I was planning to purchase more Target stocks on Friday but price went up and I decided to wait until next week.

Here is my watch list for upcoming week*.

Stock	Name, description	price as 5/31	Dividend Yeild
ARI	Apollo Commercial Real Estate	$16.75	9.60%
SBSI	Southside Bank	$25.82	3.30%
PG	Procter & Gamble	$80.79	3.20%
PFE	Pfizer	$29.63	3.50%
TGT	Target	$56.76	3.00%
ESV	Ensco	$52.66	6.00%
ROST	Ross Stores	$68.45	1.20%

* If I move stock to this list, it means there was a price drop or current price is somewhere in the middle.

I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait.

If I have a stock on my list, it means I like something about this stock. If I buy one of these stocks, it does not mean I plan to keep them forever. I might sell them if their price would go up a lot and I feel it's time to sell.

Dividend Reinvesting or Not?

I was thinking for a while to reinvest dividends automatically or not.

I used to reinvest dividends automatically. Then I decided not to reinvest it automatically since I plan to sell stocks at some point and so I didn't want to have short term sale of investment.

Now I got another idea.

I put on automatic reinvestment of dividends all my Retirement accounts (IRA, Roth and SEP) because I mostly invest into these accounts at the moment I prepare my taxes. So if I would not reinvest automatically small amounts of cash would accumulate through the year while if I reinvest them I will get more stocks without paying commission and it slowly would increase my dividend pays.

But for my stocks in regular brokerage account I set my settings on to "not to reinvest dividends". 
If you asked me why? First of all I do at least 2-4 trades per month, so I can always use my dividends to acquire new stocks. As I always say I like to buy stocks when they are on sale. If I just let my settings to reinvest automatically my dividends pay into the same stock I would save on the trade cost and get more stocks, but sometimes it can be at high price. On the other hand I could add this amount to my trade for stocks, which are on sale and it would be a better deal.


I was reading an article in Kiplinger on the same subject. Columnist Kathy Kristof was trying to decide to keep reinvesting dividends into the stock or start using these money for investing into new stocks. Her reasoning was that if she would not reinvest her dividends into the same stock, then this stock would look like a "huge underperformer". She asked readers opinion on this subject.

So today while reading through studying material for my CPA test I got an interesting way to account for cost basis for Dividend stocks with dilemma like this. You supposed to use this type of accounting for Equity stocks, but I thought it might be a way for your own internal use.

Every time I receive dividends I will subtract it from my original cost of investment. For example, I paid for XYZ stock $1,300. So this is supposed to be my cost basis. Next month I received dividends in amount of $14. So now my new cost basis is going to be $1,286 and so on. So at some moment I will see that my stock totally paid off for itself.

So what do you think? Please share your thoughts on dividends reinvestments.

My Stock Watch List for upcoming week

I was busy last week and still did not make my decision on which stock I will purchase this week.

So here is my watch list for upcoming week*.

* If I move stock to this list, it means there was a price drop or current price is somewhere in the middle.

I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait.

If I have a stock on my list, it means I like something about this stock. If I buy one of these stocks, it does not mean I plan to keep them forever. I might sell them if their price would go up a lot and I feel it's time to sell.

I love Sales on my regular shopping sprays and I use this strategy for my stock shopping... :)

Stock	Name, description	price as 5/9	Dividend Yield
F	Ford	$15.77	3.20%
PFE	Pfizer	$29.03	3.50%
KMI	Kinder Morgan (natural gas)	$32.15	5.20%
TGT	Target	$59.13	2.80%
ESV	Ensco	$50.66	5.90%
CNP	Centerpoint energy	$23.95	3.90%
WFM	Whole Food Market	$39.32	1.20%

As you might notice some stocks are still on my list from previous week.

Monday I added Target and Pfizer. See post here

I added ESV after A frugal familys journey suggested it and I did my own research. Here is another analysis for this stock.

Centerpoint energy price went down and I like to have variety of companies in my portfolio. It's a stable company, which has it's own niche. This is why this stock is on the list right now.

Whole Food Market does not look like a high yield dividend stock but this is one of these stocks which I like that they are doing. Unfortunately we don't have this store close by but I went to one in Boulder, CO and I really loved it.

At this moment I am trying to decide between PFE and KMI. I already have stocks of KMI but not PFE. So I probably will pick PFE. Variety is better, right? :)

Also I might buy some of Whole Food Market Stocks as well.

I guess next week will show.

Please share your stocks watch list.

My dividend stocks list this week

My dividend stocks watch list this week

If I move stock to this list, it means there was a price drop or current price is somewhere in the middle.

I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait.

I love Sales on my regular shopping sprays and I use this strategy for my stock shopping... :)

My Dividend Stock Watch list for this week

My dividend stocks watch list this week

If I move stock to this list, it means there was a price drop or current price is somewhere in the middle.

I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait.

My stock watch list

I think I will start tracking my stocks watch list here. So if I look back in 6 months, I will see... it does not meat I want to buy these stocks but I might or might not.


Here is my list of stocks I am watching right now: