Showing posts with label MFA Financial. Show all posts
Showing posts with label MFA Financial. Show all posts

Tuesday, January 5, 2016

Sold shares of MFA and FFBC

The fund has sold its positions in both MFA Financial and First Financial Bancorp. The reason for the sale is that there are now other investments that will better match the fund's mission and the funds were needed.

  **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, January 4, 2016

Week (1/1) In Review (Ford, more)

The fund did not make any new purchases or sales during the week.

There were no dividends received during the week. The next scheduled dividend is from First Financial Bancorp during the first week of January.

Newswise, there was a post made about a possible Google-Ford driverless car partnership (link here)

Some metrics of the current holdings are below.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate SoldEnding Profit/Loss
Ford$14.098/7/2015$14.68-4.02%Current Holding
AT&T$34.419/28/2015$31.588.96%Current Holding
MFA$6.608/13/2015$7.23-8.71%Current Holding
FFBC$18.0711/19/2015$19.84-8.92%Current Holding
BAB$28.9912/15/2015$29.00-0.03%Current Holding
Average


-2.72%




  **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Thursday, December 31, 2015

Plan for KDK Fund in 2016

First of all, let's make sure and give thanks for 2015. Lessons were learned, gains were made, and health was maintained.

Now on to 2016 ;).

The mission will still stay the same. There are added reasons outside of just making money that the fund has invested in each of these companies. Finding companies to invest in that match the outside of revenue reasons is something the fund feels is important.

The plan is to continue building the current holdings for KDK Fund. There are currently 5 holdings (Ford, AT&T, MFA Financial, First Financial Bancorp, and Powershares Build America Bond Fund) and the likelihood that this will increase for 2016 is small.

There is an expectation that dividends in the companies will be increased for 2016. The compounding effect of reinvesting dividends for free will have a larger impact in 2016.

The fund feels that price appreciation for the current holdings will be somewhere in the 5-10% levels. Ford, and First Financial Bancorp have the highest likelihood to move higher than 10% based on revenue projections and current price. Powershares Build America Bond Fund looks to be the current holding that will have the worst movement during 2016.

The big goal for 2016 is to grow the portfolio to a point where the fund is able to start selling call options on the currently owned stocks. This will provide an added revenue stream that should kick the wealth building to the next level.

Good luck to all in your investing activities.

Sunday, December 27, 2015

Week (12/25) In Review (dividends, more)

There were no new purchases or sales during the week. The next scheduled purchase is in 7-9 weeks. There were no dividends received during the week. The next dividend will be received this week from Powershares Build America Bond Fund.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate Sold
Ford$14.318/7/2015$14.68-2.52%Current Holding
AT&T$34.669/28/2015$31.589.75%Current Holding
MFA$6.788/13/2015$7.23-6.22%Current Holding
FFBC$18.2211/19/2015$19.84-8.17%Current Holding
BAB$28.9512/15/2015$29.00-0.17%Current Holding
Average


-1.56%


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, December 21, 2015

Week (12/18) In Review (BAB Purchase, more)

The fund purchased shares of Powershares' Build America Bond Fund. The blog post for the purchase can be found here. There were no sales this week. The next scheduled purchase is in 8-10 weeks.

The next scheduled dividend will come from BAB on December 31st.

Some metrics of the fund's holdings are below.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate SoldEnding Profit/Loss
Ford$13.818/7/2015$14.68-5.93%Current Holding
AT&T$33.609/28/2015$31.586.40%Current Holding
MFA$6.838/13/2015$7.23-5.53%Current Holding
FFBC$17.8311/19/2015$19.84-10.13%Current Holding
BAB$29.0712/15/2015$29.000.24%Current Holding
Average


-3.21%







**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Tuesday, December 15, 2015

Shares of Powershares Build America Bond Fund Purchased

Earlier today, the fund purchased shares of Powershares Build America Bond Fund. This price of the purchase was $29.04 per share before commissions and fees. The goal of the trade is to hold onto the shares forever.

A thank you to Optionshouse for executing the trade for the fund.

Some of the reasons for the purchase are below:

- This is an etf that has a good dividend
- The dividend is issued monthly
- The fund needed government bond exposure
- This will be another way for the fund to build its wealth

The fund also owns shares of Ford, AT&T, MFA, and First Financial Bancorp.

**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Saturday, December 12, 2015

Week (12/11) In Review (Ford, AT&T, MFA, and FFBC)

There were no purchases or sales this week. The next scheduled purchase is in the next 1-2 weeks. The likely candidate is Powershares Build America Bond Fund.

There were no dividends received last week. The next expected dividend receipt will be from First Financial Bancorp in the first week of January.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate Sold
Ford$13.648/7/2015$14.68-7.08%Current Holding
AT&T$33.179/28/2015$31.585.03%Current Holding
MFA$6.708/13/2015$7.23-7.33%Current Holding
FFBC$18.3111/19/2015$19.84-7.71%Current Holding
Average


-4.53%


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Tuesday, December 1, 2015

16 Pay Days for 2016

by Michael Keane

With the recent purchase of First Financial Bancorp, KDK Fund now will get revenue 16 days for 2016 through dividends from Ford, AT&T, MFA, and FFBC. With the expected purchase of Build America Bond Fund, the fund will be getting paid 28 times a year.

To be sure, this is just a start. But getting paid more often can only assist in the wealth generating process. With a portion of each dividend getting reinvested, each month and quarter will grow and compound, which is exactly what the fund is looking to do. When you add covered call trades, as well as speculative options trades from KDK Options, the wealth plan looks to be in good position.  


.**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Friday, November 27, 2015

Week (11/27) In Review (BAB, Dividends, More)

There were no purchases or sales this week. The next scheduled purchase will be in 8-10 weeks. The likely candidate for purchase is the Build America Bond ETF.

There were no dividends received this week. The fund will be receiving a dividend from Ford next week.

Below are some metrics on current holdings:


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate SoldEnding Profit/Loss
Ford$14.538/7/2015$14.83-2.02%Current Holding
AT&T$33.579/28/2015$31.586.30%Current Holding
MFA$6.998/13/2015$7.23-3.32%Current Holding
FFBC$20.1511/19/2015$19.841.56%Current Holding
Average


0.30%



**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Thursday, November 19, 2015

New Purchase of First Financial Bancorp

The fund purchased shares of First Financial Bancorp today. The price paid for the shares was $19.84. The goal for the share purchase is to continue holding the shares and reinvest a percentage of the dividends into purchasing more First Financial Bancorp shares creating an ever increasing source of revenue for the fund. Some reasons for the purchase are below.

- A decent dividend
- Stock appreciation with rate rises around the corner
- A financial institution is needed in the portfolio
- The dividend is the first week of each quarter

This purchase will bring the Jan-Mar quarterly dividend receipts at least 13% higher than the Oct-Dec quarter. The large increase is mainly due to the fund being so new and the percentage increase is sure to slow to a more normal level in the future.  But we'll take it.

The fund also owns shares in Ford, AT&T, and MFA. 


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Sunday, November 15, 2015

Week (11/13) In Review (Ford, AT&T, MFA, more)

There were no purchases or sales this week. The next purchase will happen in the next 1-2 weeks.

There were no dividends received this week. The next dividend will be received the first week of December from Ford.

The plan is to continue holding onto the current holdings.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate SoldEnding Profit/Loss
Ford$13.928/7/2015$14.83-6.14%Current Holding
AT&T$32.319/28/2015$31.582.31%Current Holding
MFA$6.868/13/2015$7.23-5.12%Current Holding
Average


-3.36%



**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, November 9, 2015

Week (11/6) In Review (Dividend from AT&T, more)

There were no new purchases or sales this week. The next scheduled purchase will be in the next 2-4 weeks. Candidates include Microsoft, and others.
A dividend was received from AT&T (see post link here). The next scheduled dividend receipt will be from Ford in early December.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate SoldEnding Profit/Loss
Ford$14.528/7/2015$14.83-2.09%Current Holding
AT&T$33.169/28/2015$32.013.59%Current Holding
MFA$6.818/13/2015$7.23-5.81%Current Holding
Average


-1.63%



**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Tuesday, November 3, 2015

MFA Financial Dividend Received

KDK Fund has received and reinvested a dividend from MFA Financial. The dividend represents 0.5% of the fund. Next quarter's dividend will now be increased by 3% because of the dividend reinvestment. The compounding effect is taking effect and working.

**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Week (10/30) In Review (Dividend from MFA, more)

There were no new purchases or sales this week. The next purchase will be from 4-6 weeks. A dividend payment from MFA was received. The next dividend to be received will be AT&T this coming week.


CompanyCurrent PricePurchase DatesCost BasisCurrent Profit/LossDate SoldEnding Profit/Loss
Ford$14.818/7/2015$14.83-0.13%Current Holding
AT&T$33.519/28/2015$32.014.69%Current Holding
MFA$6.928/13/2015$7.23-4.29%Current Holding
Average-0.07%


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, October 19, 2015

Week 10/16 In Review (Ford, AT&T, MFA, more)

There were no new purchases or sales for the week. There were no dividends received during the week. The next dividend will be Oct 30. The next scheduled purchase is expected in 5-7 weeks.

Some metrics of the current holdings are below.



CompanyCurrent PricePurchase Dates (not including dividend reinvestment purchases)Cost Basis (includes dividend purchases)Current Profit/LossDate SoldEnding Profit/Loss
Ford$15.278/7/2015$14.832.97%Current Holding
AT&T$33.749/28/2015$32.015.40%Current Holding
MFA$7.088/13/2015$7.43-4.71%Current Holding
Average


1.22%



**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, October 12, 2015

Week ending 10/9 (AT&T Ex Div Date, more)

There were no new purchases or sales for the week. The next scheduled purchase will be in 6-8 weeks.

AT&T ex dividend date for the quarter was on Friday Oct 9th. Shares owned by the fund will receive $0.47 per share on November 2nd. Ford is next in line of the fund's holdings to go ex dividend.

The fund continues to hold onto its current holdings (Ford, AT&T, and MFA) and will continue to do so in the future.

 **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, October 5, 2015

Week Ending 10/2 (Ford, AT&T, MFA, more)

During the week, a purchase of AT&T shares was made. You can find the link to the purchase here. The ex date for the MFA October dividend distribution was September 25th. The dividend will be received and reinvested for free on October 30.

The fund plans to continue holding on to its shares of Ford, AT&T, and MFA. The next scheduled investment will be in 6-8 weeks.

 **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Wednesday, September 30, 2015

Terrible Year For Investors????

By: Michael Keane

There was a recent article published on Yahoo! Finance and Bloomberg that had the headline "2015 Is turning out to be a terrible year for investors" (link here). This caught the fund's attention for a couple of reasons. We disagree with the assertion that it has been a terrible year for investors. The fund also feels that this kind of headline mismanagement should be checked when needed.

While the fund agrees that 2015 continues to be a tough year for those investors looking to sell shares, those investors looking to actually invest are not really complaining about the downturn. The fund was able to pick up shares of MFA, Ford, and AT&T in the past six months at wonderful valuations. Without the downturn, this could not have happened.

The importance of a headline cannot be understated. KDK Fund is always looking to maximize the message to its readers when thinking about the proper headline. While reading a headline like the article has might gain short term reading, it actually does long term damage to the brand of news outlet delivering it. Seasoned investors know to avoid articles with these types of headlines because they know the content of the article will probably be just as worthless. While KDK Fund is aware that sometimes the writer (in this case Wes Goodman) does not have any control of the headline printed for the story, he or she should make it clear to the editors that the headline should match their quality of writing. Seeing Bloomberg at the headline game is kind of weak and more the norm of its main competitor. 

Well rounded investors know that there is ample opportunity in all markets. Seeing this type of headline screams for new investors and those consumed with knee jerk reaction emotions towards the market. Not only is the headline wrong in regards to the message, it shows a priority on gaining readers eyes instead of educating its readers brains. 

Happy Investing!

**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

Monday, September 28, 2015

New Purchase of AT&T Shares

A new purchase of AT&T shares has been made. The price paid for the shares was $32.01. The plan is to hold onto the shares forever or until either the management performance sinks, an outside of the business event occurs, or there is an unpredicted need for the capital that these shares represent. A portion of the dividends will be reinvested. Some reasons why the shares were purchased are below.

- Progressive business practices are continuing
- A high quarterly dividend
- Involved in business that can be adapted quickly

The fund also holds shares in Ford and MFA Mortgage REIT.

**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.