I’ve been investing in stocks since 2004. As I have gotten older, I have gotten more active in my buying, holding, and selling of stocks,i and, I believe, more intelligent in my analysis and purchase of these investments. I have periodically posted these stock ideas on my blog and/or on Facebook. Recently on Facebook I’ve started adding the hashtag “#MikesStockPicks” to these investment ideas. I have decided to move these stock picks from Facebook to here going forward as I believe it will be easier to track these stock picks and gives me the ability to expand on the investment ideas, information, etc. Thanks for reading.
Newly updated – My Stock Holdings. This is not a list of stock endorsements. It is a list of all the investments I currently hold. Some of these I would not purchase again, and some I would purchase a lot more of. For simplification, I did not include any options on this list.
Also during the month I purchased and sold covered call options. I netted $417.93 during the month.
As one of my goals is to eventually replace my income with my investments, one of the metrics I look at is my monthly, weekly, and hourly cash flow from my investments. My combined dividends and net covered call options gives me a monthly cash flow of $1,037.85. This works out to be $239.52 per week and $5.99 per hour.
I purchased 10 shares in AppFolio (APPF) for $63.25 today. They do not pay a dividend but are a growth company.
AppFolio is a cloud services company. They provide Software As a Service (SAAS) to 2 different vertical markets. Their main product is for property management companies. They are one of the largest (I think largest, but not positive) property management software companies for the independent property manager. Their second market is law offices.
I intend to hold them long term and will likely purchase more shares.
During January 2019, I received $412.38 in dividends. Look at monthly recaps from other months. For other months visit my Monthly Dividend Recap page.
JPMORGAN CHASE &CO. COM
GLOBAL X FDS NASDAQ 100 COVER
FIDELITY GOVERNMENT MONEY MARKET
BARNES &NOBLE INC COM
GENERAL ELECTRIC CO COM
UBS AG LONDON BRH ETRACS MP2X
PROSPECT CAP CORP
BP PRUDHOE BAY RTY TR UNIT BEN INT
STRATEGY SHARES NASDAQ 7HANDL
MAIN STREET CAPITAL CORP
BED, BATH AND BEYOND
FEDERAL REALTY INVESTMENT TRUST
DISNEY WALT CO
ORCHID ISLAND CAP INC
BEASLEY BROADCAST GROUP INC
GLOBAL X FDS NASDAQ 100 COVER
RBB FD INC IMOTLEY FOOL 100 INDEX ETF
PROSHARES ULTRAPRO QQQ
UNITED BANKSHARES INC WEST VA
COMPASS DIVERSIFIED HOLDINGS
CISCO SYSTEMS INC
Also during the month I purchased and sold covered call options. However this month I had a couple of options that I lost money on due to having to purchase to close on a rapid increasing share prices on a couple of my positions. I netted a mere $.59 during the month. An important lesson is to close an option before earnings are reported.
This post is not intended to convey legal, accounting, investing, or other professional advice. I’m not selling anything. I am not a registered stock dealer or broker or anything like it. I’m just sharing ideas I have in stock market investments. My ideas are subject to change at anytime. I have not been compensated in anyway for any of Mike’s Stock Picks.