I ended up getting stopped out of KTOS at $7.40 which locked in a small gain of $229.76 after commissions. I wanted to be fully invested so I went looking for a blue chip company with a stable history. I ended up settling on General Mills Inc (GIS).

  • Bought 135 shares of General Mills with a cost basis of $62.41 per share
  • General pays out $1.92 annually ($0.48 per quarter)
  • Brings annual divi total to $4,617.20

 

General Mills, Inc. (GIS) is a leading global manufacturer and marketer of consumer food products. Its business operates in three segments: U.S. Retail, International, and Bakeries and Foodservice. Its products are manufactured in 15 countries and sold in over 100 countries worldwide. The company owns several brands,including Cheerios, Progresso Soup, Hamburger Helper, and Fruit Roll-Ups.General Mills was established in 1866 and is headquartered Minneapolis, Minnesota.  (source: dividend.com)

GIS Divi Growth:

Payout Amount Calendar Year Annual Growth
$1.7300 2015 7.5%
$1.6100 2014 13.4%
$1.4200 2013 11.8%
$1.2700 2012 8.5%
$1.1700 2011 11.4%
$1.0500 2010 16.7%
$0.9000 2009 9.1%
$0.8250 2008 8.6%
$0.7600 2007 10.1%
$0.6900 2006 7.8%

(source: dividend.com)

It closed at $63.87 on 12/12/2016. I was going to write more about it but am feeling the time squeeze so just wanted to get the buy out there since timing is very important when making a purchase. I believe it is a pretty safe divi stock at a decent price.

Take Care,

 

JT

 

Success is the ability to move from one failure to another without loss of enthusiasm. -Winston Churchill

A lot happened in November 2016. I also tried my hand at trading, received some divis, and have a new forward divi outlook record for myself!

The Sleeper Portfolio:

No, this isn’t any russki KGB undercover shenanigans. I decided to temporarily suspend my trading license and move back to my divi ways as work ramps up. I had a solid month where I was able to be more active with my portfolio. It was fun and will show the results I have later. The fantastic five below:

  • BP  (cost basis lowish 30s? Honestly, not sure with lots of changes. I should track better….oh well)
  • NAT (cost basis $8.35)
  • PFE (cost basis $31.66)
  • SJM (cost basis $126.28)
  • VOD (cost basis $24.50)

I decided to take more risk with VOD as opposed to buying T or VZ. I think it’s undervalued, and if I am patient can maybe sell later next year. It has the potential to be a ‘value trap’ but think it’ll go back up at some point. I can handle being paid to wait and have accepted the risks. My forward divi outlook is now $4,358.00 annually.

November 2016 Dividends:

  • T paid $62.40
  • VZ paid $28.88
  • POT paid $20 took back $3 (Canadian company) = $17
  • NAT paid $110.50
  • Total for November 2016 = $218.78

I am okay with this as my focus was mainly on trading for the month.

RIP Trading Career (10/24/2016 – 12/02/2016)

I am not done but only temporarily paused until mid-2017 due to work picking up. My end result was a gain of 9.58% over the course of the time period above. My peak performance was at the close of 11/28 which would have left me with a 12.36% gain. However, I let the gains slip away as I did not get out of VALE, FCX, and BHP at their high points. I actually took a very very small loss on BHP! Then I made poor trades on ATVI (largest loss during this period) and HACK. BP decided to be a hero after the OPEC meeting to help salvage the results.

I still have one last trade open with KTOS that I am waiting to close out. My avg price is $7.20 with it closing on 12/02/2016 at $7.94. I am currently up 10.21% on this trade. I originally thought of just closing out at $8.00 but have now decided to get greedy (I admit it!) on this trade and just see if I can let it run. I am not sure when I will take my first profits as I will most likely try to scale out and adjust stop loss. My stop is currently at $7.00. I will be adjusting this shortly.

Plan Going Forward:

Whenever I do close out the KTOS trade, I will be keeping a cash reserve. The only thing that I might possibly do with it is buy more of one of the 5 stocks that I own if they go down a lot! I do not plan on adding money to them unless I think it has a decent chance of running up. I am slowly starting to learn the value of cash. No reason to be fully invested all the time. A little patience can go along ways.

I was just going to max out my 2016 Roth contribution, but now have decided to start working on 2017 as well after I finish up with 2016. I keep it very simple by just investing fully into VSIAX (small cap value index fund). I was in a life strategy earlier in the year. I’ve got no time for bonds though. No time. Give me stocks for better or worse.

I still plan to read about investing and trading going forward. My enthusiasm for trading has not been dampened even with some of the mistakes that I made. I just will not have the capability to do it for a while. It is nice going back home to the divis. It’s not nearly as stressful as tracking daily/weekly fluctuations. I am looking forward to the break to hopefully grow my knowledge on trading and investing.

I hope everyone had a good November 2016 as well! Here’s to December!

 

JT