Date Initiated and Funded : February 20, 2018 $350
Premise: This is an experimental portfolio that consists of 40 monthly dividend paying stocks. This would result in 40 dividends per month or just over 1 dividend per day. Hence the name of the experiment "daily dividends." I would like to see if I can accelerate returns faster even if the stock itself does not appreciate all that much.
Updates: I was able to add $30 of funding (Reminder: all funding is coming from Amazon Mechanical Turk and never out of my own savings/checking account):
The M1 algorithm was able to buy roughly $26 worth of stock putting it in it's current position:
I removed two "slices" from my "pie" and made the two following additions:
These two additions have EXTREME dividend yields of 17% and 20%. This is an all out aggressive play that could absolutely backfire, but I can't wait to see what they do!
If you have any suggestions for stocks/funds I should consider please let me know! I always enjoy communicating with anyone who follows me!
-Scott
Dividend Grinder