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Thursday, December 10, 2009

Compounding is Chugging Right Along ...

"Learn to use ten minutes intelligently. It will pay you huge dividends." - William A. Irwin

$500 Challenge Project Accounts:

The Three "Sisters":

Investing "Sister" Balance: $751.26
Trading "Sister" Balance: $1,596.21
Interest Bearing "Sister" Balance: $175.30
Total Challenge Project Funds: $2,522.77

First of all, I just wanted to send out a note that now, "Airelon's Market Tactics" #1, #2, and #3 are all free over at the Davian Letter to puruse to see what you would enjoy. I tell you what, this last week? #5? I knocked em' out of the PARK! Sorry, but I saw this drop in Oil coming from a mile away. Those sort of trades are beautiful.

What I wanted to say originally though, was just a small note for the Challenge Project here ... a dividend was paid on Johnson & Johnson (JNJ) on 12/8/2009 in the Challenge Project sub-account. The Dividend Reinvestment Plan was engaged for this stock, therefore instead of cash, more partial shares of the stock were gathered, 0.0233 more shares to be exact.

Confirmation Snapshot:
(Can Be Enlarged)

Basically, since I originally purchased Johnson & Johnson (JNJ) for the Challenge Project, we've gained about 1/10th of a share, added to the size of the position. In my own personal view and opinion? For free. The beauty of compounding is just beginning ...

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have over 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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