My Million Dollar Goal - 12th January 2010
Tuesday, January 12th, 2010I finally got started with drip investing. My plan is to put away roughly $100 per month in:
Coca Cola
Kraft Foods
PepsiCo
Mcdonalds
Nestle N
Procter&Gamble
That’s $100 each so I’m putting away a total of $600 in to drip stocks. And Ofcourse all dividends are automatically reinvested.
I’ve already started my portfolio:
| Coca Cola | 10.01232 | |||
| Kraft Foods Inc | 19.53017 | |||
| Lloyds Bank | 904.95675 | |||
| McDonalds | 9.04382 | |||
| Nestle N | 1.44546 | |||
| PepsiCo | 9.28586 | |||
| Procter&Gamble | 1.17167 |
Conservative portfolio except lloyds bank. I think Lloyds Bank will be a good investment in the long run and I can afford one risky investment in my portfolio considering how safe the other companies are. Also note that reason it’s approximately 900 shares is because I bought the Lloyd shares on the london exchange where the price differ quite alot. My first minor goal besides the obvious million dollar goal is to receive $100 in dividends every quarter. I will probably achieve that goal fast. My DRIP portfolio is worth $3200 at the moment.
Status:
Net Worth: $51000
Holdings,
Cash:
$12800 - I will invest it soon.
Stocks/Funds:
$4200 in emerging markets funds.
$3200 in DRIP stocks.
Real estate:
One apartment, market price = $105000
Loans:
$71583 real estate loan.
$800 cash loan.
