Kraft is Now Available on Loyal3.com

Written by MrStockFox. Posted in Free Content

Tonight as I was trying to figure out which company I wanted to add to my weekly purchases on loyal3.com, to my surprise I discovered that Kraft is now available to purchase.  This is one company that I definintely want to own a larger position in.  This week I plan to start making regular purchases into Kraft via loyal3. 

kraft


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New Purchase: Canadian Energy Services

Written by MrStockFox. Posted in Trade Ideas

This week I initiated a new company into my Dividend Growth Portfolio.  I purchased a starter position of only $300 into the company.  I would like to eventually take the position up to around $2000 invested.

Here is a description of the company taken directly from their website.

Canadian Energy Services & Technology Corp. (“CES”) is a leading provider of technically advanced consumable chemical solutions throughout the life-cycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. With limited re-investment capital required to grow, CES has been able to capitalize on the growing market demand for drilling fluids and production specialty chemicals in North America while generating free cash flow. CES returns much of this free cash flow back to shareholders through its monthly dividend.

CES trades on the TSX under the symbol CEU and in the United States on the OTCQX under the symbol CESDF.

The Corporation’s two core businesses are drilling fluids and production specialty chemicals which combined represent over 90 percent of the Corporation’s current revenue stream. The drilling fluids business implements drilling fluid systems for North American based oil and natural gas producers. The production specialty chemicals business designs and manufactures a complete line of production specialty chemicals for use in the energy sector. Headquartered in Calgary, Alberta, Canada, CES has operations in western Canada and in twenty states in the United States.

CES has evolved into an industry leader through a combination of organic growth initiatives and strategic acquisitions since its initial public offering in March 2006. Organic growth has come through increased market penetration with its knowledgeable sales and field staff while innovative solutions are constantly being developed by our R&D group to meet customers' needs. CES has acquired companies in both the US and Canada that had a leadership position in their local market, were strategically located and shared CES’s approach to customer service.

The company is basically a play on the continued expansion of drilling for oil and gas in the Bakken.

Since 2010 the company has increased its dividends at a CAGR of 30% and currently pays a .0275 cent monthly dividend with a current yield of 3.3%.  The company just this last month increased its dividend by 10%.

CES


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Dividend Income Update August 2014

Written by MrStockFox. Posted in Dividends

dividendsAnother month has passed and its now time to update what I made in dividend income.  August was another very successful month on my way to becoming financially independent.  

In August, I took in $116.87, which is more than 4x the income I took in from a year ago.

My total value of Dividend Paying Stocks also increased from $33,281 to $60,033.  My future 12 month dividends increased from $1,372 to $1959 which was almost $600 increase in a single month.  One of the big reasons that I hit my goal early was that Centamin initiated a bi-annual dividend which you can read more about here.  This is why both categories jumped as much as they did in a single month.

Now all year, my goals were to have an account value of greater than $50,000 with 12 month future dividends coming in at $2000.  Since I hit $50,000 and I am very close to hitting the $2000 mark in future dividends I am once again updating my goals.  By the end of the year I would like to have $75,000 in dividends companies with over $2500 in future income

Overall, I am very excited each month to see those dividends keep rolling in.  Looking ahead to the month of September, I plan to put an additional $2500-$3500 of capital to work in new or existing companies within my portfolio.  As long as McDonald's continues to be down I plan on continuing my dollar cost averaging via my Loyal3 account.

You can find my total dividends received each month located here.

Thanks for reading.


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Eric Coffin and Gwen Preston: On Gold, Zinc, and Copper

Written by MrStockFox. Posted in Videos

Eric Coffin, editor of the HRA Journal, and Gwen Preston, editor of Resource Maven, discuss gold, zinc and copper companies that show growth potential. The two newsletter writers provide in-depth commentary on Constantine Metal Resources Ltd., Precipitate Gold Corp. and Rockhaven Resources Ltd. Coffin and Preston also give an overview of what they learned during their recent mining site visits.


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GLD Quick Update

Written by MrStockFox. Posted in Trade Ideas

Gold is currently stuck inside a trading range at the lower end of its support.  Should there be continued downside from here then I believe we could be in for another retest of the lows possibly even a false breakdown below the lows.  One thing going for us is that we are heading into the strong season for gold with the Indian wedding season.  Any breakout above 127 would be very bullish.  As for the Gold Stocks they continue to show strength but any breakdown below 25.60 would be negative.


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Weekly Purchases - 8/23/14

Written by MrStockFox. Posted in Weekly Update

yellowstone

Photograph(above):

To add some variety to the website, I am going to start providing images from some of the amazing trips I have experienced over the years.  The following photograph was taken in Yellowstone National Park in 2005.

I Bought:

Dividend Income Portfolio (Total increase in income = $147.85)

This week ended up being a record breaking week for my dividend income.  Never I have added so much Financial Freedom in a single week.  At this point I am only $32 from my end of year goal of $2000 in future dividend income.  I started this year at around $800 and so far have managed to increase my income of approx $1200 year to date.  I am not sure how much I plan to raise my goal by but would imagine that the new total will be around $2300-$2400 by the end of the year.  One of the big reasons that I hit my goal early was that Centamin initiated a bi-annual dividend which you can read more about here.  Wishing all the best to be readers....

Going forward this coming week I plan to buy additional positions in MCD, MAT, WMT

$150 of McDonald's (MCD) - This will add $4.79 to my annual dividend income.

$50 of Mattel (MAT) - This will add $2.15 to my annual dividend income.

$50 of Target (TGT) - This will add $1.79 to my annual dividend income.

$200 of Visa (V) - This will add $1.60 to my annual dividend income. 

$300 of Ensco (ESV) - This will add $18 to my annual dividend income.

$800 of Callinan Royalities (CCNMF) - This will add $36 to my annual dividend income.  This is a new position which I don't plan on adding any additional funds to for the time being.  This company could be take over target from Altius, Franco, or possibly Royal Gold, but most likely will be Altius.

$750 of Toscana Energy Income (TSCEF) - This will add $83.52 to my annual dividend income.

Commodities

$1000 of Primero Mining(PPP)

$450 of Junior Miners ETF(GDXJ) - I pretty much sold GDXJ around these levels 2 months ago.  The reason I got back in was that the gold stocks have had ample time to consolidate and are holding up very well going into the strong season for gold.

$50 of Newmont Mining(NEM)

$500 of B2Gold

I Sold:

If you wish to view all my completed trades, you can find them located here.

4 shares of ROST for an overall gain of gain of 15% - When you make 15% in 3 weeks you take the money and move on to your next position


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