I did it!

Being determined pay off. I made a purchase at our new bank.

Actually I made two purchases, NRZ and OXLC.

To be honest it took another call to the bank. Thank God for 24/7 support.

I really need to keep a close eye on my holdings since they are spread out in four different banks.

To handle this I have gathered all the holdings in a Google Sheet. I just love to see the dividend grow with each buy. It's funny how numbers on a screen can give you joy. It's not the money itselfs but look of numbers multiplicate.

For me, cash in the wallet is more "funds" than numbers at a spreadsheet. It is so easlier to pay with a card than money.

I fell asleep

Yesterday I was supposed to make my first purchase at my new bank. Unfortunately I fell asleep.

Because I live in Europe I can make my purchases late evening local time. So I took my time showering, eating and resting just a few minutes in front of the TV.

Sadly both I and my husband fell asleep and woke up at midnigth.

So I'm aiming to invest tonight instead.

Better late than never.

I'm not the only one struggeling

It looks like I'm finally done with the setup for the new bank.

It has taken me 4 days to get it to work. Tonight I'm going the make the first purchase.

I gave up yesterday and called the bank. They struggle also, the poor guy whom took my call could only answer 1 of my 6 questions.

Due to several reasons I have holding accounts in 2 tradional banks and 2 internets banks. It is funny how it differ between the banks.

You think that the orgin of the bank determines of the differences between the banks. But that isn't the case.

One bank can allow a stock that another one forbids and so on so forth.

This challenges my patience...

Money factory

There was many reasons for us to start investing in dividend stocks.

The main one was that it seemed nice to be able to take the dividend if you needed cash and no being forced to sell off some stocks.

A good consequence of this plan became that we invested for example the money for our vacation instead of just having it at a saving account. It made that the money could work instead. When it was time to pay off the vacation I just took out some dividend I had gotten.

That's why I call it a money factory.

I can NOT handle cash

As I have waited for the dollar rate to fall.

Now when it finally has given away a bit I have used some of cash for shopping. Not all but quite big a chunk. I can't  handle cash. I really need to have the money locked up.

I plan to invest the rest at beginning of next week. I wrote earlier that I was thinking of MITT but I am not so sure now.

I will tell you as soon as I make my mind up.

Struggling

My profession as a CFO makes my interacts with a lot of differents banks huge. I am used to all kinds of banks from traditional banks to internet banks. I have always moved between them without inconvenience.

However this new bank I have (for faster tax refund) is a big traditional bank with a webpage that is not at all like the others.

I have great difficulties to just move money to the right account. I am really struggling with this.

It is important to be ready to make a purchase when the time is right. You don't want to miss a good buy.

A faster way of tax refund

I haven't solved the problem with the ETFs yet but I migth have found a way for getting my tax refund much faster.

I have had to wait for the US tax refund from my bank for more than 2 years. I have always belived that it takes time for the transactions between the countries.

However one of the bigger banks in the country now offers tax refunds within 6 weeks.

This is awesome for us. The thought of reinvest the refund within 6 weeks instead of 2 years is mindblowing.

I will return to the question IF it really works.

Making money while I sleep

The main reason for me with investing in dividend stocks is the appealing tought of making money as I sleep.

I know that making money from capital instead of labour is bad for the economy.

I live and work in a country were the taxes is less high on income of capital and extremely high on income of labour.

I am aware of what I am doing is lose-lose for society. But as long as we still work and pay very high labour taxes there is no harm.

But as always with investments there is a constantly a risk of loosing, maybe even everything.

Be careful out there.

Next month...

My best dividend months are January, April, July and October. So you can imagine my longing for next month.

Since I reinvests all dividends all the time every month will be a better one. Predicted any of the stocks doesn't decreases the return.

That has happened a few times the latest were AMZA. Seeing that AMZA is an ETFs I am no longer allowed as a European resident to buy them. So I will hang in there until they changes it back again.

It is always a competition

My husband and I sat down a night years ago and made up a plan on how our portfolio should look like.

This was more than 3 years ago and the list have changed but not more than maybe 5%. The lastest stock we sold off was BBDC after 40% loss.

The plan is that every stock is to give us $2.000 per year and we have 55-60 stocks on the list.

It became 3 portfolios. One in his name, one in mine and one together. Although we are married and have joint economy there is a competition between us.

Even after almost 3 years it still bugs me that he was faster and bought some of the stocks with the highest dividend.

Jumped the gun

Because of the recent election we just have had I turned a bit over 15% of the portfolio value into hard cash a few months ago.

Due to my personality I couldn't wait and invested most of it last week.

If I am to acknowledge the news reports today it seems like I jumped the gun. The unfriendly tone between US and China because of the customs duty appear to bring down the stock market.

How my son sees the stockmarket

We are trying to learn our son about saving so he has to put 50% of everything his receives for gifts etcetera into a share account.

We encurage him to invest in stocks. This is so he gets a feeling for making and losing money.

He has an account with a smaller sum that he has access to. At that account he is totally in charge of which stocks he wants to buy and sell.

I have an addiction and that is Coca-Cola. He has seen this and thought that The Coca-Cola Company have to be a good investment since I drink a lot, according to him.

I haven't had a soft drink (Coke) for more than 3 weeks now. I wasn't aware that he had notice this until he wanted to sell his stocks in the Coca-Cola Company since they don't make any more money due to me quitting it.

Maybe he got "supply and demand"!

Even if you have to do it, it hurts

Even thought I am not a day trader it is nice when the stocks increases instead of decreases.

Despite that we have a plan that we tries to follow you can't fall in love with your investments.

Sometimes you have to rip the bandaid and restart.

Excerpt from my blog at prior platform

This is were I´ll be

I have decided to blog from this spot from now on.

Like I wrote yesterday (at my old platform, mrsdewlar.dewlar.me) I going to invest some money next week.

Just now it seems like it going to be MITT but if any of the variables changes I need to reconsider my decision. Since I am woman just that fact can turn into a change...

I hope You will continue to follow me here instead.

Have a great day!

Water the root, enjoy the fruit!!

Just trying...

...a new platform. Haven't decided yet.