Monthly Progress Review: December

It is time again for my Monthly Progress Review...the final monthly progress review of the year until I publish my 2011 Annual Review.

This was a huge month for me in terms of buying and selling.  In fact, I sold off six of my dividend paying companies to free up some capital for my day trading aspirations, and then began that particular strategy around the middle of the month as well.  Overall, a very exciting month to end the year.

Listed below is a summary of the dividends I received for the month of December in my Dividend Income Portfolio.  I also will highlight my profit (or loss!) from my day trading activities.

On This Day..

Merry Christmas!

"But if serving the LORD seems undesirable to you, then choose for yourselves this day whom you will serve...But as for me and my household, we will serve the LORD"

~Joshua 24:15

Recent Sell #4

“Another sale?” you may be asking?  “This guy has lost it,” you may be thinking. “He has completely abandoned his strategy,” you may claim.  BUT STAY WITH ME.  I do have a detailed plan in place, and will unfold all of the details if you just read on.  Though I have trimmed my positions, a more in depth look will reveal that I haven’t sold off that much of my portfolio ‘percentage-wise’ (which I’ll explain in greater detail later).

In this article, I will highlight the final sale that I recently made in order to fully fund my day trading strategy. 

Though some of you are probably more than skeptical at this point, I am hoping that when I release the results of my first month of day trading in my “December Monthly Progress Review” that you will, if nothing else, appreciate my attempt.  I intend to be completely open and honest with reporting my results of this new venture.  So, we’ll see how it goes!

Without further adieu, the following company was last on my list of targeted sales:

Recent Sell #3

The selling continues. 

In one month alone I have now sold six of my fifteen holdings.  (But stay with me.  Let's see how this turns out.)

This article will highlight two more companies that I have targeted to be eliminated from my dividend income portfolio.  The two companies that I have now sold my entire position of were:

Recent Sell #2

 Continuing my effort to amass the necessary capital to fund my day trading strategy, I have sold once again.

This article will cover my recent sales of two more great dividend paying companies.  This time, the following two companies were placed on the dreaded chopping block:

Recent Sell....

This is the first time in two years I have sold a stock.  Two years gone by without selling.

Consequently, this is the first article where I will highlight the details of my decision to sell.  In fact, my decision to sell two companies.  Two great dividend paying companies at that.

Let the Day Trading Begin...

I know, I know.  Many of you may be thinking.."Day Trading! Day Trading?!? What is a title like that even doing on a dividend investment site whose focus is quality, dividend growing companies!" :)