|
Welcome to our 63 new readers! Our newsletter now has 513 readers. Presented By: The daily business newsletter 4M+ readers rely on. Start your day in the know. Subscribe to Morning Brew’s free newsletter for quick and insightful updates about the business world. |
|
What’s up, Dividend Investor! Have you ever looked at a stock price and immediately thought: “Oh man, that’s WAY too expensive!!”? Or, maybe you can’t bring yourself to pay $1,831.25 for a share of Chipotle Mexican Grill (CMG).
You might say, ” Why pay $1,800 for a share of Chipotle when AT&T (T) is only $15?” There are many factors that influence share prices like earnings, profitability, debt, and shares outstanding. But, thankfully nowadays, we have a secret weapon to add to our arsenal of building wealth… Commission-free trades and fractional shares. I guess that’s actually two secret weapons, both of which probably aren’t even that secret anymore. Anyways…. The point is not to forget that whether you buy a full share of CMG or $5, you still get to participate in the exact upside or downside and dividend yield (if there is one). Look at that CMG chart above again. CMG has increased 33.56% since January 3rd, 2023. Sure, if you had bought $5 on 1/3/23, you’d own 0.36% of a share, but you’d have the exact same 33.56% gain on your investment. The only downside to fractional shares that I can think of is it’s the brokerage that makes this a possibility. It’s Schwab that will hold the full share and break it apart into fractions for you to “own”. This is why if you want to move from Robinhood to Schwab, anything less than a full share will be converted to cash. So quite literally, the absolute BEST stock under $10 is virtually ANYTHING you can buy fractional shares of which you think is a GREAT investment. Clever, right? Or is this a clickbait title? I don’t know, but we’re going to roll with it! I’d love to know if you thought this was clickbait and what your last fractional stock buy was HERE. 😁Special THANK YOU to the (6) people who responded to my last newsletter!! With that being said, let’s get to the moves made this week. And remember, you can always check out the PORTFOLIOS, the PODCAST, or see what’s cooking on the YouTube channel. Dividends Received This Week $0😭
Dividends Received Year to Date~
|
|
Source: Charles Schwab |
Stocks Bought (AVERAGE)
Notable Ex-Dividend Stocks This Week
- 10/24 Lowes (LOW), 2.31%
- 10/24 Clorox (CLX), 3.91%
- 10/25 Fastenal (FAST), 2.43%
- 10/25 Royal Bank of Canada (RY), 4.93%
- 10/27 Celanese (CE), 2.43%
- 10/27 Bank of Montreal (BMO), 5.59%
- 10/27 Energy Transfer (ET), 8.93%
🎙️Podcasts You Should Check Out!🎙️
✅Jack Hough had a brilliant take on DCF/intrinsic valuation and came up with his own metric – “Nah, Meh, or Yeah”. Check that out RIGHT HERE!
✅Tim Ferriss talked with The World’s Most Famous Pickpocket – Apollo Robbins. They chatted about how to manipulate attention and most importantly – how to keep yourself from becoming a pickpocket victim. Listen to that HERE!
🤑Stay Informed With These Financial Newsletters!🤑
Victor Lei writes The Average Joe, a 3x-weekly newsletter covering stock market trends, news, and analysis. It doesn’t matter whether you’re a growth, value, or contrarian investor, you’ll find value in subscribing to the free newsletter and joining 19,000+ investors getting FIRE’d up.
Ryne Williams writes a free weekly dividend newsletter in addition to creating multiple top-notch YouTube videos each and every week. This is a community for dividend investors by dividend investors.
Dividend Earner wants to make your money work for you through dividend growth investing and shares all his holdings and trades every month. Learn from my mistakes and profit from my success by subscribing to his newsletter.
Click the image above to try Seeking Alpha Premium for FREE for 7 days.
*This is an affiliate offer and I will receive a small commission at no additional cost to you when you buy a premium annual subscription after clicking the image above. Based on the current list price of $239 $189/year. Cancel anytime before the free trial ends to avoid being charged. Auto-renews as an annual subscription at the then-current annual list price. Plus sales tax/VAT, where applicable.
Random music video I enjoy and you might too!
🎵Social Distortion – Cold Feelings🎵
Hey, you made it to the end of the newsletter!
Congratulations!
How did you like it? Do you have any suggestions to make this better? Please let me know about it here.
With that being said, have a WONDERFUL week and I’ll see you in the next one.
