Buys

Well my loyal3 buys on the 14 stocks finally went through today.  I have reflected it in the portfolio tab.  I'm kind of disappointed the buys didn't go through on the 24th like I wanted.  Loyal3 buys in batches so  i probably lost $5 on share price on Target with the two day difference.  I'm not sure on the other stocks but Target did stick in my mind.  i guess it doesn't matter since i only invested $20 into Target but i was disappointed i didn't get the share price from monday instead of today.   I also checked my credit card and no additional fees were added to the transactiona.  So that was pretty sweet.

Update

Good news about Coke (KO).  Their dividend increased once again from .28 to .305.   That's pretty sweet.  I was expecting a smaller increase but I'll take it.

Also, thanks to Write Your Own Reality.  He gave me a heads up on a brokerage account at Loyal3, where it's fee free.  You can buy and sell stock for free.  Yes free.  You can do a dollar cost average (DCA) with your stock purchases.  There aren't too many available stocks to purchase but they do have some solid choices like coke, pepsi, mcdonalds for the dividend stock investors and solid stocks like amazon, google, bershire.  Another thing is DRIPs aren't available on majority of the stocks so you can pick and choose what to do with the dividend and since it's fee free, it's sort of like Scotttrade's FRIP.  Here's the best part, you can use your credit card to fund the transaction.  I know I have a 2% cash back credit card and with no fees, win win chicken dinner.

Buys

My sharebuilder buys went through today for my Roth account.

$1000 of PM.  I got 12.6433 shares at base price of $78.94.  

$1000 of KO.  I got 25.8178 shares at base price of $38.66.

$1000 of CVX.  I got 8.8261 shares at base price of $113.07.

The three buys provide 12 month forward dividend of $76.45 at 3.85% YOC.

I have reflected the buys in my portfolio.  

Dividend Epiphany is born

Hello everyone.  Welcome to Dividend Epiphany.  I 'm a soon to be 35 year old civil engineer living in the San Francisco Bay Area, one of the most expensive places to live in the United States.

I wanted to document my journey to financial independence through dividend investing.  I'm not sure if anybody will follow but I feel this will keep me accountable with my future goals.

I have three goals from Dividend Investing:

1)  Retire earlier than expected.  My plan is 58.  This is the break even mark where I'll make the same retired (from my pension) or working.

2)  Be able to pay most if not all of my future kid(s)'s college education.  No kids yet, but plan to start having some in the next year or two or three.  I'd like to thank DL for opening my eyes to that possibility and my reason for the name of my blog.  I figured this might be a better avenue than a 529.  I can also grab my Roth IRA contribution (without being taxed) if my taxable account falls short.

3)  Be able to pass this on to my wife and especially my future kid(s) so they won't have to stress about money and maybe future generations can grow it from what I started.