On Wednesday, January 21, I deposited $10,000 cash into my DivGro portfolio. The bonus deposit is in addition to my regularly scheduled deposits of $2,500 per month.
This is the sixth bonus deposit I've made since starting DivGro. Its been a while since my last bonus deposit in March 2014 ($5,000) and even longer since my previous $10,000 bonus deposit (December 2013).
I prefer to allocate about $2,500 to new buys. Since that is exactly the amount of my regular monthly deposits, normally I have enough cash available to buy one stock per month. However, I've set some fairly aggressive goals for 2015. To reach those goals, I'll need to take some extraordinary action!
Showing posts with label Bonus Deposit. Show all posts
Showing posts with label Bonus Deposit. Show all posts
Saturday, January 31, 2015
Saturday, March 15, 2014
Bonus Deposit, March 2014
On Friday, March 14, I deposited $5,000 cash into my DivGro portfolio. This bonus deposit is in addition to my regularly scheduled deposits of $2,500 per month. As I did on a previous occasion, I transferred this money from one of my other portfolios.
The main reason for this bonus deposit was to boost available cash in DivGro, particularly so I could buy units in a master limited partnership (MLP). I prefer to allocate about $5,000 when buying units in MLPs, which is double the amount I usually spend on regular stock purchases. I'll report on the MLP purchase in my next post.
The main reason for this bonus deposit was to boost available cash in DivGro, particularly so I could buy units in a master limited partnership (MLP). I prefer to allocate about $5,000 when buying units in MLPs, which is double the amount I usually spend on regular stock purchases. I'll report on the MLP purchase in my next post.
Wednesday, December 4, 2013
Bonus Deposit, December 2013
On Tuesday, December 3, I deposited another $10,000 cash into my DivGro portfolio. The bonus deposit is in addition to my regularly scheduled deposits of $1,000 per month. I've updated my Portfolio page, now showing available cash of $12,610. I'll be looking to buy more fair-valued dividend growth stocks in the next few weeks.
This is the fourth bonus deposit I've made. One reason I'm making these bonus deposits is to boost available cash in DivGro. I'm still expanding the number of holdings in DivGro, and, because I prefer to allocate about $2,500 to new buys, my regular deposit of $1,000 per month is not nearly enough to cover at least one new buy per month!
This is the fourth bonus deposit I've made. One reason I'm making these bonus deposits is to boost available cash in DivGro. I'm still expanding the number of holdings in DivGro, and, because I prefer to allocate about $2,500 to new buys, my regular deposit of $1,000 per month is not nearly enough to cover at least one new buy per month!
Wednesday, October 16, 2013
Bonus Deposit, October 2013
Today, I deposited another $10,000 cash into my DivGro portfolio.
The last time I reported on a similar bonus deposit, I explained the need to slowly decrease the relative size of my aggressive investments, in favor of more conservative income and dividend growth investments. Today's deposit is another step in that direction: I'm transferring cash from an account in which I mainly traded options.
The last time I reported on a similar bonus deposit, I explained the need to slowly decrease the relative size of my aggressive investments, in favor of more conservative income and dividend growth investments. Today's deposit is another step in that direction: I'm transferring cash from an account in which I mainly traded options.
Sunday, June 30, 2013
Bonus Deposit, June 2013
On Friday, June 28, I deposited $10,000 cash into my DivGro portfolio. This bonus deposit is in addition to my regularly scheduled deposits of $1,000 per month. I decided to transfer this money from one of my other portfolios, where I've had some cash available for a while. In this post, I'll try to explain my thinking.
In addition to DivGro, my dividend growth portfolio, I manage three other portfolios in which I use different strategies: an income portfolio, an aggressive growth portfolio, and an options trading portfolio.
In addition to DivGro, my dividend growth portfolio, I manage three other portfolios in which I use different strategies: an income portfolio, an aggressive growth portfolio, and an options trading portfolio.
Friday, April 12, 2013
Bonus Deposit, April 2013
On April 2, I deposited an additional $10,000 cash into my DivGro portfolio. This bonus deposit is in addition to my regularly scheduled deposits and follows from having closed a certificate of deposit (CD) account after the CD had matured.
A CD is a promissary note issued by a bank for a deposit made for a specified term. The holder is restricted from withdrawing funds on demand, at least without incurring a penalty. In return, the bank offers an interest rate that is slightly better than those for savings and checking accounts. Deposits are FDIC insured, which makes these type of investments safer than investing in stocks. Unfortunately, interest rates offered on CDs are below the inflation rate (currently 2%), which means your investment actually is losing value (buying power) over time.
A CD is a promissary note issued by a bank for a deposit made for a specified term. The holder is restricted from withdrawing funds on demand, at least without incurring a penalty. In return, the bank offers an interest rate that is slightly better than those for savings and checking accounts. Deposits are FDIC insured, which makes these type of investments safer than investing in stocks. Unfortunately, interest rates offered on CDs are below the inflation rate (currently 2%), which means your investment actually is losing value (buying power) over time.
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