In the almost five years of sharing my investments on this blog, I’ve never shown exactly how I track dividend income. This article lays out the steps (with screenshots) I take each month to import dividend data into my tracking spreadsheet, estimate forward dividend income, and easily capture dividend increases. My forward 12-month investment income…
Viewing posts tagged with: dividends
How My 20-Year Investment In Coca-Cola Has Fared
20 years ago, I was a college junior enrolled in investing and corporate finance courses. Being freshly educated about the time value of money, I knew my youth was my most powerful investing advantage. But I didn’t have much money. A few years earlier, my Uncle gifted me one share of Chevron stock through the…
Strive To Wake Up And Do Nothing (With Your Finances)
If you really have done a great job as a leader, you should wake up in the morning and have nothing to do. – Steve Case, Co-founder of AOL, Chairman and CEO, Revolution This quote changed the way I think about my career. Soon after I read it, a coworker complained to me that his…
Build Income Streams in Case You’re Fired!
One striking revelation from the 2016 presidential election process was the sharp contrast between people who think the U.S. is in pretty good shape and those who feel the country never recovered from the last recession. Politics aside, the U.S. was in an epic economic expansion until COVID-19. The longest post-World-War-II economic expansion WAS from…
Lessons Learned From 20 Years of DRIP Investing
As my investing strategy has evolved over the years, I’ve completely moved away from DRIP (dividend reinvestment plan) investing. In part, because of the extra 1099-DIV tax form and costs basis data. The varying fees are annoying too. But also because I prefer to pool dividends and reinvest them into more undervalued stocks. I still…
20 Years In The Chevron DRIP
For my birthday in 1995, my uncle gifted me one share of Chevron (CVX) stock out of his dividend reinvestment plan (DRIP). He was an employee at the time. He instructed me to regularly invest small amounts of money into the program and automatically reinvest the dividends I received. Eventually, he said, the quarterly dividend would…
What Strategy Works For You?
Ever wonder why so many young people are afraid to start investing? If you read the financial sites online, or watch the financial news networks, the answer becomes clear. There’s lots of so-called experts telling us what to do with our money. Some advice is over simplified and inadequate. Other advice is unnecessarily complex. For someone just…
Bollinger Bands – Basic Technical Analysis For Dividend Investors
It’s time for another installment of the series, Basic Technical Analysis for Dividend Investors. Last time, I introduced the subject of technical analysis and suggested that it should only be used as a secondary and supplemental tool after exhaustive fundamental analysis. This post will discuss one of my favorite technical indicators, Bollinger Bands. Technical analysis…
Basic Technical Analysis for Dividend Investors
Does technical stock analysis deserve a place in a dividend investor’s tool belt? Yes, I think it does for adding insight to short-to-mid-term trends and pricing. But technical analysis should only play a secondary and supplemental role after exhaustive fundamental and qualitative analysis. Some dividend investors may steer clear of technical analysis entirely because it…
Transferring Stock from Computershare to TD Ameritrade
Note: This same process holds true among other brokerages. For transferring shares to M1 Finance, the no-fee online broker for long-term investors, contact the transfer department in the FAQs for concierge service. M1 Finance is now 100% free. Read my M1 Finance Review here. I recently made a simple move that increased my passive…
Bye Bye Cable TV
During a long drive over the Christmas holiday, my wife and I discussed ways to simplify our lives, become more productive and save more money. In my 2014 goals post, I mentioned ways we’d simplify our financial lives, but I left out this particular money and time saving action item. We really enjoy shows on…
Procter & Gamble DRIP – Still a Smart Investment?
Update: I received an email indicating PG has left Computershare for Wells Fargo Shareowner Services and is raising fees. I find this disappointing as we’ll need new accounts at WF. Because of the fees I no longer recommend the Procter & Gamble DRIP. Revolt Against Fees! For information on how to transfer shares out of a DRIP,…
Patience Pays – 16 Years of Buying and Holding Coca-Cola
As of late 2017, I still hold all of my Coca-Cola shares in the Coca-Cola DRIP. However, I’m no longer reinvesting the dividends. In addition, I do not start any new DRIPs these days. I prefer a more modern online broker called M1 Finance that gives you the power of dollar cost averaging and fractional…
Chevron and How to Get Started Dividend Investing
Please read my latest update, 20 Years In The Chevron DRIP. I have been dividend investing as a core investment strategy since May of 1995. That year on my birthday, my uncle gifted me one single share of Chevron stock, symbol CHV at the time, now CVX. He was an employee for the company and he…