Latest Stock Buy For Child Investment Portfolio: AWP

On April 2nd, 2019, I bought 100 shares of Alpine Global Premier Properties Fund (AWP) at $6.01 per share. With its monthly dividend payout of 0.05 dollars per share, this latest buy has a dividend yield of 9.98% and will pay us $5.00 (before tax) every month. Awesome! 

I bought this share for our little baby girl's stock portfolio. Our 8-month-old baby girl has a dividend stock portfolio generating already $32.40/mo. I'm looking to grow it towards $50/mo by the end of 2019. The latest buy has made a nice little boost of $4.25 (after tax) to our monthly dividend income.

AWP is already the sixth stock in our baby investment portfolio. 

I come up with a plan to build a high-yield $10,000 child investment portfolio by the time our baby girl will turn 2. (July 2020). Right now we are looking at $80-$100 monthly dividends by the time she will turn 2.  

Our child's portfolio now has as TTM at $388.80, giving daily $1.07 and hourly 0.04$. We are now officially making more than $1 dollar a day. Literally can't wait to see what it will grow by the turn our baby girl will become a young lady. 

Currently, I don't plan to go for a separate child investment account, instead, I will keep investing in my own portfolio, but will keep a separate Google Spreadsheet to track baby dividend progress. See: Simple Google Spreadsheet to Track Stock Portfolio Changes Using GOOGLEFINANCE

For the rest of the year, we are looking to get a dividend income of $29.75 (after tax) from this stock, which is about 1.45% from the total goal of $2,045 for 2019. 

2018 in Review and Financial Goals for 2019

About Alpine Global Premier Properties Fund

Alpine Global Premier Properties Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is capital appreciation. The Fund’s secondary investment objective is high current income. Alpine Global Premier Properties Fund’s regional locations include North America, Europe, South America, Asia and Australia.

The Fund’s portfolio includes financial, diversified, residential, lodging, office, industrial and retail. Alpine Woods Capital Investors, LLC serves as Alpine Global Premier Properties Fund’s investment advisor.

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