Monday, October 21, 2019

Monday 10/21/ 2019

     This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start. 

6:45am (CDT)
     We have $52.00 cash (settled cash), of that only $50 (my monthly starting balance) will be invested at any time.
     We made 4% on your $50 so far this month (only started on the 14th).

     $1000 x 4% = $40
     $2500 x 4% = $100
     $5000 x 4% = $200
     Do not underestimate the power of a small account. We all have to start some where.

7:45am (CDT)
     I start my day with my divided calendar , searching dividend ex-dates starting tomorrow and for a week or so. Todays ex-date is to late (ex= means without) to collect the current dividend. I search for 4% or higher annual yields and paying quarterly (4 times a year). That gives a payout of 1% or more per quarter.

8:20am (CDT)
     Looking for possible entry
     OPI  (ex-date 10/25 = 7.1% annual)
     ILPT ( ex-date 10/25 = 6.2% annual)
9:55am (CDT)
     Entered "Limit Order" for 1 share TRGP @ $39.28

10:35am (CDT)
    Bought 1 share TRGP @ $39.28
    Entered GTC (good till cancel) @ $40.07

The charts are EDT and I am CDT, hence the hour difference.

    TRGP ex-date is 10/31 with a $.91 per share payout. I would prefer to take less in profits and move on but I have that $.91 to count on if needed.

    $10.72 available to trade

Disclaimer, I am not a professional.

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