About Me

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Interested in saving and investing for financial freedom. Mid to late career IT worker with 20+ years in the state retirement system seeking alternate income through dividend growth investments. Final goal is to pass it down to my children and that they do the same for their children-a continuing generational wealth transfer.

Saturday, June 7, 2014

June Activity - Morningstar rocks





Recently picked up some KMI at 33.25, sold and bought back a put on Con Ed with the intent to sell another put at 52.50, August expiration. AAPL is splitting 7 for 1 today and the share price has been shooting up in anticipation. I believe it will be at 92 and change pershare on Monday which should invite more retail investors to buy, putting even more upward pressure on the stock.

Morningstar.com offers the following valuable info for free:

After putting in a stock symbol go to the performance tab then click expanded view. Average the dividend yield for the past 10 years. If you are thinking of buying, try to get a yield higher than this 10 year average.

Click on Industry Peers after entering a stock symbol, then find Fair Value Estimate. This is Morningstar's fair value for that stock.