Tuesday, August 18, 2015

Stock Portfolio Update, August 18 2015: Dividends Are Killing It

One of the simplest approaches I use for some extra bang for the buck is dividend reinvestment.  Just accepting cash dividends from stocks is seriously missing out.  If you get extra shares of stock that generate extra shares of stock that generate extra shares of stock... you can see where this is heading after a few years.

My list of uninspired stocks, led by the most infamous:

BRGO - Hype only goes so far.  Lesson learned.  Read the PR if you want a laugh.  Amazing line of jewelry and I wish them well, but investing in this stock was a fiscal face plant.  Still holding onto my 300,000 - uh, 300 shares.  Nice 1000-1 reverse split to keep afloat.  Why bother?
TGRO - At 10 shares, no worries here.
PVSP - Tried on a whim.  No big loss either.

No regrets:

DDD - Happy to sell at $80.
TWTR - Love it, but not investing in it.
BABA - Ba-bye.

Hopefuls:

JAMN - Solid business plan, eco-friendly K-cups are on the market and international expansion is in the works.
DRAG - A company that can break down landfill tires is a pretty exciting one.  However, they're still wrestling a crappy stock symbol out of bureaucracy.  A little hype today, but the bulletin board makes me laugh with its old newspaper clipping and a lot of pie in the sky.  Like any stock, big potential, but it could also be a glorified Sunday afternoon garage project.
FB - Looks like people are catching on about what a juggernaut it is.

Nice results:

TWO - Sweet dividends, fairly stable stock price.
NCT - Same - yearly buy-in price seems to be about $4.25 to $4.50.  Recent investor request to liquidate company at over $6/share has caused a minor spike recently over $5.
AWP - 12 dividends a year.  Nice from a compounding point with dividend reinvestment, but stock price has been sliding a little.  Good buy-in point at the moment - get some at $7 or so and you'll be a little irritable when the price fluctuates.

In all, stock prices for these have been somewhat down since a buy in December, but the return's already come to over 10% with dividend reinvestment.

Coulda-shoulda-wouldas:

GOOG
SHW

What are you holding or trading? Feel free to leave a comment.

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