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.