I’m Pat Rosenheim, a.k.a. the PandA Trader.
Hey, things change…
…and could change again, up until 5PM on the day orders are created (usually Mondays). I will try to update this post by 4:30PM on that day if I decide to change anything.
For this taxable account, investments are calculated automatically on the ind-PandA tab in my Google sheets. Check it out! I look for Position Size, and pick the bottom 12 in the account for the monthly investments in this taxable account. Any holding down more than 10% will also DRIP until it recovers.
This account was only going to hold tax-free muni CEFs, and DRIP, but was opened to all holdings for a while.
Every week I invest a small amount, skewed among the 3 closed end funds listed in the post title as found in our portfolio.
I decided to make these ‘sharebuilder’ investments monthly, usually every 1st Tuesday.
Starting with the 2nd Tuesday in May there will be 9 investments to use up the remaining “free trades”, and then the schedule will change to once monthly on the 1st Tuesday of each month for June. For this account, the bottom 12 position sizes will be selected and will share equal amounts as calculated automatically on the ind-PandA tab in my Google sheets.
Here is a screenshot showing the investments queued on the Capital One Investing (sharebuilder) site;
The dates spreadsheet showing the ex-dividend and payment dates for these holdings can be found in my google sheets. I also try to keep the calendar on my blog updated.
As always, YMMV!
PLEASE TAKE NOTE AND REMEMBER THIS!
I’m not telling anyone to buy anything or giving anyone any advice, because that’s illegal. You see, I have no letters after my name, like RIA, CFA, etc. I SIMPLY DO NOT GIVE ADVICE. I only tell (and show!) what I do. You, like me, are all alone in this.
And remember, always do your own due diligence!