Tuesday, September 5, 2017

Project: Dividend Stocks for Teenagers - August dividends and new account


In August I was moving money between accounts (using my son's 529 account to pay for my daughter's school) and I opened a new brokerage account for my 16 y.o. son where I put an amount we withdraw for my daughter's school.

I asked him which stock he wants to buy. I didn't give him a big list but mostly all well knows stocks.

He picked Ford. I bought 185 shares of F(Ford) at $10.61 per share.

We will have another investment next time when my daughter will need money to pay for her college classes.

So I will keep you updated on his account progress as well.

Back to my daughter's account.

I am trying not to touch her brokerage account but this year we were not qualified for FAFSA at all, she didn't get any new scholarships and we used all her 529 college account, so we had to use part of her brother's 529 account. She has one more full semester and summer to pay for. She is working part time as a hostess and since she is living with me, she is saving most of money she earns. I think she will be able to finish college without any loans and even without touching her investment account. This is the goal. So we are not going to invest any money into her account for now because her next payment for college will be due just in 3-4 months.

In July there was only one stock paying dividends LHO $20.8

August Dividends

PG$12.41
RY$14.74
T$19.78
Total $46.93

Here are dividends month by month:
2015janfebmaraprmayjunejulyaugsepoctnovdec
n/an/an/an/an/an/an/an/a49.8118.728.9150.27
Total147.69
janfebmaraprmayjunejulyaugsepoctnovdec
201618.7341.0352.3519.1142.4753.8819.4643.0369.2419.8143.2770.02
Total492.4
2017janfebmaraprmayjunejulyaugsepoctnovdec
20.1744.4377.3820.4845.4970.5320.846.93
Total346.21

Thanks for reading and please share your thoughts.


Tuesday, August 22, 2017

July 2017 Dividends and Passive Income Progress


July was another super busy month.

I spent lots of time on changing my last name due to my marriage, then decided on a new health insurance, etc... We visited my new in laws in Arkansas for 4th of July.

I passed my test for a Real Estate Licence and decided on brokerage company. So now it's going to be one of my other part time jobs plus I will use it for our own real estate transactions.

We are still in process of preparing my husband's house to become a rental and my mom decided to sell her condo and move back to Florida.

I didn't purchase any new stocks in July. But I think in my June post I didn't mention that I actually bought 3 more stocks in June. Of course, now it looks like I could wait... I bought 42 shares of GE, 23 shares of GIS and 6 shares of GWW.

Dividends received July 2017

VER$34.52
BNS$16.33
BCE$21.11
CHSP$16.55
DIS2.34
FCPT3.76
HRB13.71
GPS$1.61
GSK$32.29
KO$20.34
KMB$12.61
M$12.07
NKE$2.57
NEA$6.37
PM$12.42
STOR$1.74
RCII$8.21
UFS$16.41
GE$10.08
WFM$4.29
WIN$4.58
UNIT$21.80
Total$275.71


Its' 29% increase comparing to July 2016.

Here 2014/2015/2016 vs 2017:

2014
JanFebMarchAprMayJuneJulyAugSeptOctNovDec
$48.61$12.44$63.58$90.04$65.67$126.98$122.68$118.36$185.28$93.18$123.70$263.68
Year to date
$1,314.20
2015
JanFebMarchAprMayJuneJulyAugSeptOctNovDec
$78.69106.39333.50150.77128.34298.21118.30122.05361.36184.44113.44316.17
Year to date
$2,311.66
2016
JanFebMarchAprMayJuneJulyAugSeptOctNovDec
$183.80104.48445.07240.49104.10327.53213.41113.56396.05262.97122.31422.44
Year to date
$2,936.21
2017
JanFebMarchAprMayJuneJulyAugSeptOctNovDec
$220.12128.03559.54303.15128.18425.21275.71
Year to date
$2,039.94

Additional passive income or free money from various financial institutions:
interest                                                                                                         $14.00
Chase Freedom                                                                                            $14.21
Amex points                                                                                                  $2.35
Discover                                                                                                         $5.21
Gift cards KOHLS/Palais Royal                                                                   $20.00
My total financial passive income for the month of July was $331.48

I started tracking my passive income Summer 2014

June $261.00
July $209.67
August $235.62
September $212.97
October $140.37
November $207.05
December $377.91
Total $1644.59



 2015 Passive Income
January $167.44
February $279.29
March $397.80
April $202.48
May $229.70
June $368.21
July $205.56
August $254.16
September $494.20
October $231.18
November $268.28
December $458.46
Total $3556.76


2016 Passive Income
January $298.49
February $332.39
March $500.67
April $360.27
May $249.71
June $414.51
July $278.08
August $164.45
September $441.78
October $335.86
November $218.30
December $506.91
Total $4101.42

2017 Passive Income
January $270.26
February $207.60
March $776.41
April $367.62

May  $230.22
June $458.02
Total $2310.13

Thanks for reading and please share your thoughts and progress.