UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

beentheredonethat

RNO made us money...ECT probably is not
i never expected the dividend to drop from $.68 cents to $.443
that is why ECT has stock has not done well from the declaration to the EX date

friday i sold 200 shares of ECT in my 401k at a (-$231.98) loss
i still own 650 shares of ECT in my Scottrade.com account...down (-$569.18) all my RNO profit gone

the EX date is wednesday May 15th for ECT
if ECT doesn't start to rise Monday i have to sell my last 650 shares

your smart thinking by adding more @$12.15 will cut down your losses
my advice is to get out of ECT before losses get to large if the stock keeps going down
i'm hoping the stock rallies on monday because the EX is getting real close but i have no confidence it will


i feel bad i couldn't add your RNO money but as you can see i have lost money also
will update monday

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

Benben

PSEC announced a dividend of $.11 for...june/july/august
http://www.dailyfinance.com/quote/N...l-corp/PSEC/dividends?source=itxwebtxt0000010
missed earnings a little bit but still making money

earnings
http://research.scottrade.com/qnr/Public/Stocks/Earnings?symbol=PSEC

own 3,513 shares (current value $37,975.53) = $386.43 per month...=$4,637.16 per year

i see no problems for the next few months (until next earnings release)
would like to see PSEC beat earnings next time

PSEC fridays closed $10.81 (on sale with a dividend secure for the 3 months) my opinion
​chart below and not at a peek
Prospect Capital Corp Charts PSEC | DailyFinance

 

[beentheredonethat]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

Thanks for the info.

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

i sold 650 shares of ECT today @$12.73
forgot i bought 24 shares more @$12.15 (gotta sell those tuesday)
lost around -$650 on this trade...today saved me +$100
-----------------------------------------------------------------------------
in other news RNO went down -$.12 cents at one point today
need a selloff to reload on this money maker
RNO will probably be my next trade again

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

all should watch this video clip


Tepper: Case Closed! Stocks Going Higher - CNBC

David Tepper bet against the housing bubble in 2008 and made billions
​runs a 18 billion hedge fund
market futures were down in the morning...after he spoke market closed (+123.57)

a lot of people that talk on TV are noise...he is not

 

[Benben]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

I am watching RNO. 13.84 close...hmm what entry point do I want to wait for this time.

Interesting stat..... Today marked the 18th. straight Tuesday that the DOW closed higher than the morning opener. 18 straight!

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

I am watching RNO. 13.84 close...hmm what entry point do I want to wait for this time.

Interesting stat..... Today marked the 18th. straight Tuesday that the DOW closed higher than the morning opener. 18 straight!

anytime it's under $13.50
next cash distribution announcement July 25th...a long time away
use extreme patience
best to buy in increments if buying early
i've always said RNO is a stock that gets played...maybe the players are starting to move the stock
lower to run it up later

i'm with you...we need to do homework and read earnings call and look for anything
that lowers the dividend...i don't see it but we need to stay on top of RNO news

May 2, 2013 RNO reported missed earnings by -$.10 cents or a (-$45.45%) surprise
that didn't happen last time we traded RNO

i imagine an online book will let u bet on if the maket closes up or down everyday
bet yes on tuesdays

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

beentheredonethat...did you find a point to get out of ECT?

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

May 16th, 2013
dow jones -42.27...15,233.22
---------------------------------

WMC...western asset mortgage capitol corp $20.33...(+.49...+2.47%)

missed 1 quarter earnings by 1 cent and the stock got hammered (tuesday)
Stock Market Quotes & Stock Research
tuesday WMC sold off -$1.73 (-8.02%)
1 week chart
WESTERN ASSET MORTGAGE CAPITAL COM USD0.01 Charts WMC | DailyFinance
----------------------------------
bought 415 shares @$22.58 on 4-10-13
bought 250 shares @$20.26 on 5-15-13
bought 400 shares @$19.90 on 5-16-13

cost averaging = $20.91 per share for 1065 total shares (possible dividend $1,011.75)
dividend history
WESTERN ASSET MORTGAGE CAPITAL COM USD0.01 Dividends WMC | DailyFinance

earnings call transcript (i can't find anything not to invest in WMC)
Western Asset Mortgage Capital's CEO Discusses Q1 2013 Results - Earnings Call Transcript - Seeking Alpha

i expect to make money on WMC
i am under water on the stock right now but expect to be up by the next dividend EX date

WMC is still oversold...just look at the 1 week chart

ECT lost me money...today a got a 1/3 of that money back
i don't like to lose $1 (it's part of investing) never feels good
i look for undervalued stocks to make money
WMC is undervalued

add WMC to your phone stock app's and remember todays price $20.33
should be going higher

every points WMC goes up or down = $10.65

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

NYCB...new york community bancorp, inc...$13.65

friday May 17th, 2013
i wake up to a $1,250 dividend check deposited into my 401k at 6am
New York Community Bancorp, Inc. Dividends NYCB | DailyFinance

i own 5,000 shares

9 years of a $.25 cent dividend
NYCB Historical Prices | New York Community Bancorp, Inc Stock - Yahoo! Finance

posted this stock earlier as a buy

any time this stock is below $13.50 is a buy...buy...buy

i make $5,000 in dividends a year off NYCB and can sleep at night
free money

should add 1% to my YTD

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

dow jones 15,354.40...+121.18...S&P 500 +17.00

incredible...dow jones going to 17,000
central banks around the would are flooding the world with cash that is going in the markets

we are all on a great ride

going to update what i own and give the % saturday
i try to beat the S&P and my own 2012 percentage of 22.86% (getting close)

stock pickers can always find undervalued stocks in any market

watch the Preakness saturday

WMC...$20.53...+0.20...+213.00
NYCB...$13.78...+0.13...+1,250 dividend check...+650.00

 

[IVE GOTTA PACKAGE 4U]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

Don't be a monkey!..Do you know what happens to a monkey we he gets greedy?

 

[beentheredonethat]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

The UJPSX fund I mentioned has now doubled since when I bought it earlier this year. (woohoo). I did keep the ECT and didn't sell it (I put in an order to sell some at one price and another at a higher price). However, for the one at a lower price I mistakenly put in an order good for one day only instead of good to cancel. (oops). I'll get the dividend and see what happens with it. I think the shock of that one article is wearing off and if necessary I'll hold for a bit and wait for another dividend. In the meantime, I have a sell order in at a reasonable strike point. My Ford stock is also doing well today (it's also giving a dividend too (granted small)...

 

[UpstateNYUPSer(Ret)]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

My 401k is up 10.10% YTD----"set it and forget it" seems to be working well thus far.

 

[brownboyups]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

401k YTD...+$22,760.92...(+18.72%)
S&P 500...(+16.92%)
my 2012 401k percentage (+22.86%)...trying to beat
(Scottrade/401k) account value = $179,982.24
+$17,113.84 in yearly dividends (both accounts)
+$1,426.15 average monthly dividends (both accounts)
---------------------------------------------------------------
Scottrade account...current assets
--------------------------------------
PSEC (1634 shares)...$10.97...$179.74 monthly dividend...(+1.24%)
WMC (400 shares)...$20.53...$380.00 quarterly dividend...(+3.05%)
--------------------------------------------------------------------
401k account...current assets
​---------------------------------
AI...(302 shares)...$28.98...$265.76 quarterly dividend...(+36.77%)
NYCB...(5000 shares)...$13.78...$1,250 quarterly dividend...(+3.51%)
NYMT...(938 shares)...$7.11...$253.26 quarterly dividend...(+12.56%)
OHI...(300 shares)...$36.91...$135.00 quarterly dividend...(+63.16%)
PSEC...(1879 shares)...$10.97...$206.69 monthly dividend...(+0.36%)
T...(452 shares)...$37.44...$203.40 quarterly dividend...(+11.95%)
WMC...(665 shares)...$20.53...$631.75 quarterly dividend...(-5.45%)
-----------------------------------------------------------------------
+$2,100 (+$386.43 in PSEC dividends 5-23-13) in spending money
(that's nothing) if i want to buy something i have to sell something
----------------------------------------------------------------------------

my end goal is to make $120k per year or $10k a month in dividends
taxed at the current 20% is (+$8,000) every month
then it will be time to start spending money and giving money away

 

[beentheredonethat]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

You did well, I'm up 16.4% YTD (+42K).

 

[purplesky]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

401k YTD...+$22,760.92...(+18.72%)
S&P 500...(+16.92%)
my 2012 401k percentage (+22.86%)...trying to beat
(Scottrade/401k) account value = $179,982.24
+$17,113.84 in yearly dividends (both accounts)
+$1,426.15 average monthly dividends (both accounts)
---------------------------------------------------------------
Scottrade account...current assets
--------------------------------------
PSEC (1634 shares)...$10.97...$179.74 monthly dividend...(+1.24%)
WMC (400 shares)...$20.53...$380.00 quarterly dividend...(+3.05%)
--------------------------------------------------------------------
401k account...current assets
​---------------------------------
AI...(302 shares)...$28.98...$265.76 quarterly dividend...(+36.77%)
NYCB...(5000 shares)...$13.78...$1,250 quarterly dividend...(+3.51%)
NYMT...(938 shares)...$7.11...$253.26 quarterly dividend...(+12.56%)
OHI...(300 shares)...$36.91...$135.00 quarterly dividend...(+63.16%)
PSEC...(1879 shares)...$10.97...$206.69 monthly dividend...(+0.36%)
T...(452 shares)...$37.44...$203.40 quarterly dividend...(+11.95%)
WMC...(665 shares)...$20.53...$631.75 quarterly dividend...(-5.45%)
-----------------------------------------------------------------------
+$2,100 (+$386.43 in PSEC dividends 5-23-13) in spending money
(that's nothing) if i want to buy something i have to sell something
----------------------------------------------------------------------------

my end goal is to make $120k per year or $10k a month in dividends
taxed at the current 20% is (+$8,000) every month
then it will be time to start spending money and giving money away

So are the trading and account fees reasonable in the SMA? I am starting to feel lazy with all the cash you are making. How much time are you putting into this SMA?

About 10 years ago I almost did the SMA but the trading fees seemed over the top at the time. Maybe its now time to take 50k and play the dividend game in the SMA.

 

[beentheredonethat]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

My 401K SMA is with State Street (not sure if the teamster plan is different). When I buy 1K shares of a stock, it costs me $9.95 and $1.50 in fees. For a total of $11.45, if I buy a lot more the fees go up.

So the fee works out to slightly more then a penny per share of the stock for each transaction (buy\sell). I agree with what you said though, a while ago the fees were really high. Also, at one point I physically called State Street for the trade and those fees were huge. Make sure you do it electronically to reduce the fee cost. Also, if you utilize a "DRIP", I haven't seen any fees associated with a DRIP with this account.

 

[UpstateNYUPSer(Ret)]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

There are no fees associated with the dividident reinvestment plan. The fees when you buy/sell are fairly reasonable. Our SMA used to be with State Street but is now with Dreyfus.

 

[Ms.PacMan]

Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20

The gains have been great! I am at 17.76% YTD - invested in the various index funds only. 16.51% YTD in 2012.

For the Teamster/UPS 401K plan

YTD as of 5/18/13

S&P 500 17.88%
S&P 400 19.31%
Russell 2000 17.83%
Int'l fund 11.75%
REIT fund 17.43%

A couple useful calculators to figure out retirement income are FIREcalc (there are tabs at the top to tweek info) and this retirement calculator.