Dec 20
Dividend investors will often face the bond dilemma. As a dividend investor, we seek steady income while reducing risk. Inevitably someone will ask you, “Why invest in risky dividend stocks when you can buy bonds?”. This is a fair question and one that has an easy answer and a complex answer.
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Dec 18
The market sub-prime mortgage meltdown has affected many stocks. It has also hit real-estate investment trusts (REITS) where it hurts. In these times, when analysts call for investing your money overseas and real estate investing is frowned upon, why not look at a bargain right under your nose?
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Dec 17
The buy order went through this morning for the Thoroughbred High Yield Dividend Folio. All the data has been updated to the database. The automated stock price update worked like a charm at 5:00PM. Cheers!
Dec 17
I awoke to an analyst on CNBC’s Squawk Box talking about Citigroup’s dividend. He indicated that there would probably be a dividend cut and we will find out in mid-January. The current dividend yield for Citigroup stands at 7.04%. What are the potential reasons for reducing the dividend?
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Dec 16
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
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