Last post of the week from the Amateur Investor. Quite a quiet week by recent standards.
The Amateur Investor income account was boosted by the receipt of another dividend payment this morning. So true to form the dividend was ploughed straight back into the Market.
I’m going to be a bit busy this week, so won’t have as much time to devote to the Amateur Investor website as I would like. I am only an Amateur Investor, so making a living sometimes gets in the way of spending time on other projects such as this one.
Anyway, the Dividends are coming in thick and fast at the moment, so reinvesting them to make them start working as soon as possible has been a priority.
So today I made 4 small purchases.
So after yesterday’s huge share sell off (the FTSE100 ended down 4.7pc – its biggest one day fall since March 2009), the Amateur Investor was keen to take advantage of “sale” prices. So will this particular “fool” soon be parted from his money?
More incoming dividends have been reinvested by the Amateur Investor today.
First on the list was Vodafone (VOD), at 165.33p, to add the the existing Vodafone holding in the Amateur Investor High Yield Portfolio.
It’s been a quiet week of trading in the Amateur Investor camp as various work commitments have got in the way of building my fortune.
Just the one trade today, and regular readers won’t be surprised to hear it was a purchase for income…
I came up with an ambitious plan earlier this week while compiling a list of income events like dividend payments and bank interest.
You know how the Amateur Investor loves income from savings and dividends – well what if I could receive at least one dividend or interest payment every day. Wouldn’t it be great to receive money every day!
I came across this quote from John D. Rockefeller while listening to an audio Podcast from Questor (Garry White of The Telegraph) called Questor Income Tips, and it sums up the Amateur Investor attitude to investing perfectly.
So when more dividend income appeared in my account with The Share Centre this morning – this time from St James’s Place (STJ) , a dividend of 3.2p per share – I quickly looked to reinvest the dividend…