A New Buy

After researching several articles and sources of high dividend yield stocks, I decided to make a recent purchase to add to my portfolio.  AT&T was my decision for my second investment (Ford was first).  It has a great return of 5.56%, and it’s a “Champion” which means it’s been handing out steady dividends for many, many years.  I see AT&T as a solid company and I don’t think they are going anywhere for a long time.  I was able to purchase 7 shares at 33.81.  T’s 52 week range is 31.74 – 37.48, so I acquired it at a fair price.  T has shown positive gain over the years, and has remained fairly steady over the past 5 years.  I am comfortable with this purchase, and am looking forward to seeing some dividend returns to be DRIPped into this stock!  I actually will be receiving my first dividend on Feb 2nd already, as they announced the ex-div date as next Wednesday!

Stock Order:
Stock: AT&T (T)
Quantity: 7
Price: 33.81
Cost Basis: 236.67
Commission: 4.95
Total Cost: 241.62
52 Week: 31.74 – 37.48
P/E: 10.37
Dividend/Yield: $.47 / 5.56%

December Net Worth

Assets

Lil’ Sizzlers Portfolio:
Ford: 78.12+1.88 Div = 80 (-1.92)

Cash:
1,718 (+597)

Roth IRA Basis:
2,847.18 (+126.25)

Roth IRA Cap Gains/Divs:
-35.25 Cap Gains (-54.37)
+46.21 2014 DRIP
Total: -8.16

CC Cash Back:
7.70

Motorcycle:
3,500

Car:
1,700

Personal Assets:
4800 (+200)

Total Assets:
14,617.63 (+824.54)

Liquid Assets (cash, stock and retirement):
4645 (+703)

Liabilities

Chase Freedom:
785 Payment Bal (Zero % APR) (+99)

Bank CC:
0 (-74)

Student Loan:
26,891 (-186)

Total Liablities:
27,676 (-161)

Net Worth:
-13,059 (+985… Woot!)

Net Worth w/o Student Loan & Last Pmt:
14,135 (+212)

Well, I would say December was a pretty successful month for me.  I made it through the holidays with a positive addition to my overall net worth!  I got a very nice dividend of $45 from my Roth IRA which bought 1.65 shares, all for free.  I increased my cash and kept CC debt relatively the same, and threw another $300 on the student loan.  I am really taking advantage of my employee discount at work, allowing me to save up to 15% on groceries and retail items.  I saved $20 earlier this month on just one purchase; I should start trying to keep track of that but it gets reflected in my final cash amounts anyways so no huge worries.  Nothing special to say here, but now I am through the holidays and on to more savings!