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Showing posts from May, 2016

Do you know about SEP IRA account?

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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 f...

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.

Loyal3 May Purchases and Dividends

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I opened my Loyal3 account in October 2015 and I keep truck of my posts  here .  May Purchases: $100 - AAPL - Apple $50 - GPS - GAP $42 - NOK - Nokia $30 - KSS - Kohl's $30 - M - Macy Total of $252.00 May Dividends: AAPL $1.20 YUM $0.34 Total $1.54 Thanks for reading!

April 2016 Dividends and Passive Income Progress

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In April I bought   20 shares of   CCL - Carnival Corporation.  I wrote about my purchase  here . Plus I purchased more stocks in my Loyal3 account.  It was for two months (March/April). Dividends received in April 2016: AUY $0.88 VER $32.07 BNS $14.68 BCE $18.80 CHSP $15.25 CSAL $19.53 FCPT $3.64 GPS $0.94 GSK $77.75 KO $18.47 M $0.92 NKE $1.80 PM $11.57 STOR $0.63 UFS $14.99 WFM $3.15 WMT $1.25 WIN $4.17 Total $240.49 This is 62.6% increase comparing to April 2015. 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 Year to date $973.84 Additional passive income or f...

Project: Dividend Stocks for Teenager April Dividends update

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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 April. Overall portfolio gain so far is +6.5%, it would look much better if LHO would not be so lucking but hopefully it will get better soon. :) LHO paid  $19.11 in dividends this month and it was the only one dividend stock this month. 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 Total 131.22 Thanks for reading and please share your thoughts.