The Dividend Investing Blog

I spent the better part of today working on the Thoroughbred High Yield Dividend Folio page and the back end. The first decision I had to make involved adding the Folio to the WordPress or making a different page. In the end, I felt it was more secure to add it to another page. If I wanted to add it to WordPress, then I would have to enable PHP scripting in WordPress and use a third party plugin. That didn’t appeal to me.

I decided to put all the stock information into a database. If I were to rely on Yahoo stock quote updates for the page, then it takes about 20 seconds or longer for the page to load. I wrote a script that updates the stock information to my database every day around 5:00PM eastern time. The database query on the Thoroughbred page for the stock information is lightening fast, so the page loads quickly.

I setup a window buy order at FOLIOfn for all the Thoroughbred stocks. The purchase should go through around 11:00 AM eastern tomorrow. Everyone will be able to track the progress from the Thoroughbred High Yield Dividend Folio page starting late tomorrow night. I will have to put the share and cost basis information in the database sometime tomorrow evening.

After this initial setup, the only maintenance I will have to perfom will be entering dividends as they are received. This shouldn’t be too bad, but I sure wish there was a way to automate it. As I have said on here before, I am _lazy_.

I hope to add more Folios to the blog as time goes on. This is the first and I am eager to see how well these Thoroughbreds perform.

Tags: Thoroughbred, FOLIOfn