Saturday, February 28, 2015

Initial Buys @TD Ameritrade

So, finally I mustered the courage to open a trading account. This was before the time I had known about Dividend Growth investing and the art of re-investing dividends. The brokerage house TD Ameritrade appealed due to the wide selection of investment choices and the fact that I could trade commission free for the first 60 days. 

The account was active on the 10th September 2014. This was a milestone day and event. I was eager to purchase stocks and make some money.

The following are my purchases from Sept - December 2014:


Apple Inc. (Symbol: AAPL)
Purchased 10 shares on 9/22/2014 for $101.80. I purchased an additional 10 shares after 3 days for $98.28 and another 10 shares on 10/16/2014 for $97.188. Cost basis for the 30 shares = $99.09.                   
 

Rite Aid Corporation (Symbol: RAD)                                          
Purchased 50 shares on 9/25/2014 for $5.33. Rite Aid dropped 17% due to lower guidance for FY 2015, despite beating earnings estimates. This has turned out to be a good buy.
 

AT&T Inc. (Symbol: T)                                                             
Purchased 20 shares on 10/01/2014 for $35.02. AT&T is a dividend aristocrat having increased its dividend payments for 30 consecutive years. 
 

The Walt Disney Company (Symbol: DIS)                                  
Purchased 10 shares on 10/22/2014 for $87.08. I purchased an additional 5 shares on 11/07/2014 for $89.19 and another 5 shares on 11/11/2014 for $89.63. Cost basis for the 20 shares = $88.24
 

J C Penney Company Inc (Symbol: JCP)
Purchased 25 shares on 10/27/2014 for $7.58. This has turned out to be a good buy.
 

Twitter Inc. (Symbol: TWTR)                                                    
Purchased 20 shares on 10/28/2014 for $42.57.
 

Alibaba Group Holding Ltd (Symbol: BABA)
Purchased 5 shares on 10/28/2014 for $99.86. I purchased an additional 5 shares on 11/12/2014 for $115.75.
 

Macy's, Inc. (Symbol: M)                                                              
Purchased 15 shares on 10/29/2014 for $57.29.
 

Flushing Financial Corporation (Symbol: FFIC)                                    
This is an old-line New York state bank that offers a full complement of deposit, loan and cash management services through 17 branches in Queens, Brooklyn, Manhattan and Nassau County. The company derives the vast majority of its income from its $3.64 billion loan portfolio.  Purchased 50 shares on 11/12/2014 for $20.25.
 

My total investment during the time period was $ 9, 695.85. 
The current value of the portfolio is 10, 985.70.
Gain (%) = 13.30%


Would you have done any different ? This being my first allocation, I was firing on all cylinders and made quick purchases. I regret opening positions in BABA and FFIC.

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