Weekly Loyal3 Purchases

Back in August I started a new portfolio with Loyal3.  Loyal3 is a new brokerage that allows you to make purchases with no commission costs.  That's right, fee free investing.  Well, I just got an email on Friday from Loyal3 and they will no longer be accepting credit cards for purchase of stock.  So the credit card arbitrage is now over, but that doesn't take away from the value that Loyal3 offers investors.  It's still a no fee way to dollar cost average into wide moat companies which you just can't beat.  There's still a little bit of time to make purchases with credit cards so I'll most likely load up on some extra purchases next week and then slowly bring down my investments through Loyal3.  The plan is to still invest there but probably not at the same rate that I was originally planning on.

Each week I plan to make small purchases in several companies to slowly build up the positions.  This allows me to get some capital invested every week, for free.  The valuations might not always be the best but it does help me to consistently build up my portfolio and dividend stream that will eventually allow me to consider early retirement.

At my last weekly update I had only made 2 additional purchases in my Loyal3 portfolio.  Well, since Loyal3 came out and will no longer be accepting credit cards for stock purchase I decided to load up while I still can.  I invested $250 this past week as well as the shares from the dividend payment from KRFT.  There should be quite a few purchases that still go through early next week with my credit card that will give me that extra "1% yield" but then I'll be slowing down purchases until probably sometime in the new year.

• UL - 11/5/14 0.6180 shares @ $40.45 / 3.61% YOC / $0.90 annual dividends
• UL - 11/6/14 0.6180 shares @ $40.45 / 3.61% YOC / $0.90 annual dividends
• UL - 11/8/14 0.6112 shares @ $40.90 / 3.57% YOC / $0.89 annual dividends
• KO - 11/8/14 0.5826 shares @ $42.91 / 2.84% YOC / $0.71 annual dividends
• GOOGL - 11/8/14 0.0450 shares @ $555.87 / 0.00% YOC / $0.00 annual dividends
• DIS - 11/8/14 0.2762 shares @ $90.51 / 0.95% YOC / $0.24 annual dividends
• UL - 11/10/14 0.6112 shares @ $40.90 / 3.65% YOC / $0.89 annual dividends
• KO - 11/10/14 0.5826 shares @ $42.91 / 2.84% YOC / $0.71 annual dividends
• DPS - 11/12/14 0.3550 shares @ $70.43 / 2.33% YOC / $0.58 annual dividends
• KRFT - 11/12/14 0.4340 shares @ $57.60 / 3.65% YOC / $0.91 annual dividends

My forward 12-month dividends for my Loyal3 portfolio are now up to $42.82.  Adding that to my regular taxable account's forward dividends of $5,361.01 and my total forward dividends are up to $5,403.83.  I'm now 98.25% of the way towards my revised goal of $5,500.

I've updated my Portfolio page to reflect these changes.

If you want to open an account and Buy Stocks Fee-Free$0 fees to buy and sell stock.Open a free online account today. (Affiliate Link). I only link to products/services that I personally use or approve of.  Whether you use the link or not I still think Loyal3 is a great platform if you're looking to invest small amounts of capital for free.