Thursday, December 3, 2015

Dividend Received From Ford

A dividend was received from Ford and a majority of it was reinvested for free by Optionshouse.  The dividend will be at least 1% higher next quarter due to the reinvestment.

This is one way the fund's wealth and charitable giving will consistently grow. The next scheduled dividend is from FFBC, in the beginning of January.


**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.

Wednesday, November 4, 2015

Dividend from AT&T Received

A dividend was received and reinvested from AT&T. The dividend equals 0.3% of the fund. Next quarter, the dividend is expected to be 3% higher next quarter. The compounding effect continues to work and build wealth at a quickening pace.








**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.