January 22, 2016
Recent Buy II on Loyal3
As we seen blood bath on the street as the market is in a nose dive trajectory. Like the saying goes another week another dollar going towards building passive income. When there is panic in the street there are always opportunity to add to shares at lower discounted prices. I don't know about you but I rather pay $.80 for a dollar. That is pretty much were we are at this level. Since we cannot project the future where the market is headed, consistently add to shares will help you come out on top. Timing the market will usually never work, since we can't really predict future market outcome. Consistently adding buy stocks will either lower cost basis, or get you great long term stock to hold forever and of course collect passive income the ultimate goal.
Passive income is the best income there is. Getting paid to basically manage you time and do as you please. There is no value to owning you time.
Here is an update to recent purchases from last two weeks on loyal3 account. The reason I like using this broker is there are no fees associated with stock purchases and you can make small purchases as low as $10 per stock.
On January 16, 2016 the following purchase was posted.
VFC $25 .4738 shares @ 52.76
WMT $10 .01641 shares @60.92
MCD $10 .0869 shares @115.07
LB $15. .1658 shares @90.47
DIS $25 .2740 shares @91.23
KHC $15 .2151 shares @69.75
This small purchases added $3 to my 12 month trailing dividend. The yearly dividend income is now $258.96 with this purchase . Big step for first year of dividend investing. As I look forward to continue dividend growth I can see this continue to grow into a passive income to sustain my family lifestyle.
What are your thoughts on recent purchases? What are you buying?
Thanks for reading
Disclaimer: Long on all stocks listed.
Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.