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Strategies & Market Trends : Dividend investing for retirement

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To: chowder who wrote (10635)12/26/2011 4:43:45 PM
From: chowder3 Recommendations  Read Replies (1) of 34328
 
My 20 year old daughter has a small account. She is a full time college student.

Her account balance at the end of 2010 was $5985.93. She contributed a total of $329 during 2011.

Her account has grown from investing 20% of birthday money, 20% of her Xmas money and 20% of her allowance. Since she is a full time college student and responsible for her own car insurance and other expenses, she no longer is contributing to the account.

Back in January, she sold 300 shares of C before the reverse split. At the time, the proceeds were $1442.28 and represented a capital gain of 23.47%. The timing was good. If she still had those shares, they would be down <42.84%> from her selling point.

With the cash above, and the proceeds from the C sale, she purchased MCD and PG.

No other transactions have taken place in the account this year other than reinvesting the dividends.

She received $291.89 in dividends this year. Ha! Ha! ... That was up 95.95% from last year.

The impressive thing though, is that her portfolio is up 27.2% in 2011. ... Shocked me!

Total value as of today is $7614.14.

Listed below are her holdings and the number of shares:

D - 26.574
EPD - 24.059
MCD - 13.392
MO - 40.901
O - 37.624
PG - 17.42
Cash - $62.55

I think that would make a good portfolio for Cramer's, "Am I Diversified?" Ha!
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