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Showing posts from October, 2015

Opening Loyal3 account vs Extra mortgage payments

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After reading other bloggers experience with Loyal3 for a while, I kept thinking about opening my own account but I was not sure if I have an extra income to invest. Well, I was putting extra $300 toward my mortgage payments but since I have 3.5% interest rate I decided to start investing $200 into Loyal3 account. At this point I believe it will be better for me to have cash invested in stocks, which I can pull out if I need to, especially if I pick dividend stocks. In a long run it is much easier to sell a stock than refinance a mortgage. Plus e ventually I plan to turn my house into a rental property. So far I bought 4 stocks, each $50 worth of investment - Frontier, Walmart, GAP and Store capital. From now on I will keep track of my Loyal3 account here. Thanks for reading.

September Passive Income Progress

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Even if stock market doesn't make me so happy, t his was my best month on dividend earnings so far!  In September I was able to purchase RY (Royal Bank of Canada) and CHSP (Chesapeake Lodging Trust).  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 Dividends received in September 2015: BBL 83.08 CNP $37.85 ESV $4.53 F $23.03 FTR $28.49 HOG $4.96 JNJ $15.11 MAT $31.88 MC...

Project: Dividend Stocks for Teenager September update

I wrote how we started Dividend Stocks portfolio for my daughter before Project-dividends-stocks-for-teenager Part 2 Project-dividends-stocks-for-teenager Part 1 Here is our first dividends month update. In September her portfolio earned $49.81 EMR $12.22 JNJ $9.75 SE $15.91 XOM $11.68 interest $0.25 Total $49.81 Dividends were automatically reinvested. Well, she does not pay close attention to her portfolio because we don't need to use this money yet and I guess it's good for now, since the market is not treating us very well at this moment. I only mentioned to her that her stocks earned about $50 this month.