Project: Dividend Stocks for Teenager - list of stocks

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

My daughter finally found a part-time job as a hostess in an Asian restaurant. She likes this job and can work during breaks and even school year.  She also helps as a receptionist from time to time at a small doctor's office. 

Anyway she was not spending much money because she lives home and I pay most of her expenses. So she finally accumulated $1200.00, which she agreed to invest into one stock. 

As usual I made a list of stocks (out of my big list of stocks), which trading below 1 year projections. To make it easier for her I put a column "hypothetical value in 1 year" if stock reach 1 year target. I know it can be more or less but at least it can give her idea. Also You might noticed I highlighted "dividend yield more than 3% and hypothetical earnings more than $200. So we will see what stock she will pick this time.

symbol	name	category	price as of 6/10/16	1 year target	dividend yield	$1000 hypothetical value in 1 year
ABT	Abbott Laboratories	medical	$38.40	$46.67	2.66%	$1,215.36
APPL	Apple	technology	$98.83	$124.90	2.31%	$1,263.79
BUD	Anheuser-Busch InBev SA/NV	beer	$125.49	$136.95	3.54%	$1,091.32
BA	Boeing	airplanes	$131.14	$148.06	3.31%	$1,129.02
CCL	Carnival	cruise	$47.15	$60.19	2.97%	$1,276.56
DIS	Disney	disney	$97.34	$109.11	1.44%	$1,120.92
F	Ford Motors	automobile	$13.10	$15.87	4.55%	$1,211.45
FTR	Frontier	communication	$5.11	$6.07	8.09%	$1,187.87
DEO	Diageo	alcoholic	$104.63	$121.38	2.32%	$1,160.09
GM	General Motors	automobile	$29.06	$38.25	5.07%	$1,316.24
GSK	GlaxoSmithKline plc	medical	$40.93	$47.00	5.17%	$1,148.30
HD	Home Depot	home and garden	$128.83	$147.29	2.14%	$1,143.29
HRB	H&R Block	tax preparation	$24.23	$30.33	3.71%	$1,251.75
HOG	Harley Davidson	motorcycles	$44.47	$50.77	3.11%	$1,141.67
MS	Morgan Stanley	financial	$25.54	$32.07	2.24%	$1,255.68
NKE	Nike	sport wear	$55.11	$70.59	1.18%	$1,280.89
LLY	ELi Lilly	medical	$73.95	$95.71	2.73%	$1,294.25
RCII	REnt a center	rent to own	$12.40	$21.40	2.45%	$1,725.81
RGR	Sturm, Roger	guns	$57.41	$74.00	2.40%	$1,288.97
SBUX	Starbucks	coffee shop	$54.86	$68.00	1.44%	$1,239.52
TGT	Target	store	$67.88	$77.47	3.26%	$1,141.28
VLO	Valero	gas	$53.43	$72.00	4.37%	$1,347.56
WFC	Wells Fargo	bank industry	$48.34	$54.80	3.01%	$1,133.64

Thanks for reading and please share your suggestions.

Stock I bought today 6/9/2016

Today I bought 52 shares of GM at $29.29. 

Tomorrow I need to decide on my Loyal3 purchases for this month. 
Also my daughter accumulated enough money for her new stock purchase, so I am working on a list of potential stocks for her portfolio. I will keep you posted.

Thanks for reading.

May 2016 Dividends and Passive Income Progress

It's time to report my May progress.

In May besides my monthly Loyal3  investments I purchased

10 shares of AAPL - Apple
21 shares of VLO - Valero Energy.

Dividends received in April 2016:

AAPL	$1.20
BMO	$16.82
DRI	$17.56
KMI	$8.73
NE	$0.65
PG	$17.45
RY	$11.69
T	$13.89
TD	$15.77
YUM	$0.34
Total	$104.10

This is 23% decrease comparing to May 2015.

I analysed why this happened and this decrease was due to decrease in KMI and NE dividends.

Here 2014/2015 vs 2016:

2014	Jan	Feb	March	Apr	May	June	July	Aug	Sept	Oct	Nov	Dec
	$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	Jan	Feb	March	Apr	May	June	July	Aug	Sept	Oct	Nov	Dec
	$78.69	106.39	333.50	150.77	128.34	298.21	118.30	122.05	361.36	184.44	113.44	316.17
									Year to date			$2,311.66
2016	Jan	Feb	March	Apr	May	June	July	Aug	Sept	Oct	Nov	Nov
	$183.80	104.48	445.07	240.49	104.10
									Year to date			$1,077.94

Additional passive income or free money from different financial institutions:

Interest:                                                          $13.80

Points AMEX                                                  $69.78

Points Discover                                              $14.03

JC Penney/Kroger/Academy                          $25.00

Ebates - get paid for shopping online            $23.00

You might noticed that my points from AMEX is higher than usual. This was due an Amex special offer to cash your points with 20% off, which I used and it gave me extra $50 in gift cards. 

             

My total financial passive income for the month of May was $249.71

At this moment my goal is to have $1k in monthly passive income from dividends and other financial institutions. 

I started tracking my passive income Summer 2014

2014 Passive income
June           $261.00
July            $209.67 
August       $235.62 
September  $212.97
October      $140.37
November  $207.05
December   $377.91

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

2016 Passive Income
January     $298.49
February   $332.39
March       $500.67
April         $360.27

Thanks for reading and please share your thoughts and progress.

Project: Dividend Stocks for Teenager May Dividends update

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

We didn't purchase any stocks in May. Hopefully she will decide to purchase more stocks soon because she got a summer job at a restaurant and she plans to work there through the year too.

I suggested to open Roth IRA account since she started working but so far she declined the idea of saving money for retirement. 

Overall portfolio gain so far is +8.36%, the only stock which is lacking is still LHO.

May Dividends:

PG	$11.58
RY	$12.64
T	$18.25
Total	$42.47

Here is the dividends month by month:

2015

jan

feb

mar

apr

may

june

july

aug

sep

oct

nov

dec

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

49.81

18.7

28.91

50.27

Total

147.69

jan

feb

mar

apr

may

june

july

aug

sep

oct

nov

dec

2016

18.73

41.03

52.35

19.11

42.47

Total

173.69

Thanks for reading and please share your thoughts.

Do you know about SEP IRA account?

I found out about SEP IRA account about 3 years ago. I have my SEP IRA with Fidelity. 

How do you know if you qualify for SEP IRA?

"A Simplified Employee Pension Individual Retirement Arrangement (SEP IRA) is a variation of the Individual Retirement Account used in the United States. SEP IRAs are adopted by business owners to provide retirement benefits for themselves and their employees."

If you are a small business owner or receive 1099-Misc and use Schedule C on your taxes, you can invest 25% of your 1099-Misc earnings (no more than $53k) and this is in addition to your regular IRA/Roth IRA account! 

So basically you can invest and let it grow tax free $5,500 into IRA/Roth PLUS 25% of your self employment earnings. I was surprised when I learned this fact!

Read SEP FAQs Plan Here - IRS website

Thanks for reading

My Watch List for this Week

My watch list for this week include these stocks:

ABT - Abbott Laboratories - Healthcare is trading close to 52 weeks low at $36.96 with Analyst Price target low $44 and high $49.
Div&Yield: 2.74% for more than 15 years.

I am watching this stock for a while. I am not a big fan of pharmaceutical companies and my plan is to get rid of some in my portfolio, but this one looks fine to me to invest in.


BUD - Anheuser-Busch InBev SA/NV - Beverages- Brewers is back to my watch list because the price of this stock is down to $122 with Analyst price target low $121.70 and high $145.
Div&Yield: 3.97% for 7 years.

RGR - Sturm, Ruger & Co. Inc. - Firearms and Castings trading at $64.65 right now, with Analyst Price target low $68 low and high $80. I don't like firearms much and if I pick this one, I will go with not so many stocks just for portfolio diversification.

Div&Yield: 2.17% for more than 15 years.

What stocks do you have on your watch list for this week?

Thanks for reading and please share your opinion.

Stocks I bought this week

Besides my Loyal3 May purchases this week 

I also purchased

10 shares of AAPL - Apple

21 shares of VLO - Valero Energy

As usual I like that both stocks are trading below Analysts predictions.

Thanks for reading.