My Broker – Robinhood (No Commission Fee’s)

I’ve used many brokerage accounts: eTrade, Scottrade, Ally, etc…

By far the best (and newest) is Robinhood.

The Pro’s (The Best: It’s Free!)

It is a relatively new brokerage, however it is a brokerage platform based solely on mobile devices. The biggest and most attractive component of this new brokerage is their $0 commission trading. Also, Robinhood provides almost instant deposits from your personal banking account into their investing platform, along with settings adjustments to enable weekly and monthly deposits to ensure consistent payments into your investing portfolio.

Some Cool Features:

You could also utilize push notifications for updated information on stock order fulfillment’s. Along with a very simple and easy-to-navigate interface, you’ll have access to some basic stock information. Such information includes: real-time stock quotes, your current holdings position on that stock, news on the company, basic statistics, volatility and a pretty cool earnings chart. You’ll also get a snippet of information of the company’s underlying business, under the “About” category, and their means of making money.

There Are Some Downsides:

Although the mobile application isn’t perfect. It’s simplicity is not enough to make informed, educated and worthy decisions for investment. For instance, the mobile application doesn’t offer any SEC filing information, dividend history, or stock screening platforms, among other important investing needs.

How To Utilize Robinhood

So as a free brokerage, it is absolutely perfect. However, it is just that, a brokerage. You must do your own due diligence on  company’s under your radar. Robinhood is only a nexus for a quick snapshot on your portfolio health, and executing stock orders. For truly in-depth and educational gathering tools, you must search elsewhere.

Other Tools I Use

The two most visited stock researching tools I use are and also etrade (I keep my brokerage account open with a small amount just to use their research tools).

Let’s Get Some Free Stocks!

If you’d like to check out Robinhood, do you and I a favor and use the link below. We will both get a free stock! Disclaimer: It may not be a stock with a dividend, but you could sell the company your gifted after 2 days of holding the stock and then sell it and purchase a company with those delicious dividends.

Thanks for reading,


Hey! Just in case you haven’t already, sign up below and get updates on new blog posts, dividend stocks that I find, and more juicy stuff. I’ll soon be doing some giveaway’s!





Personal Financial Report & M.I.P (Monthly Investment Plan)

Here I’m going to illustrate my personal financial report followed by my monthly investing allotment “plan” (M.I.P.)

My income:

I earn approximately $5,000 a month. $60,000 a year, approximately. I am fortunate that I have a stable and reliable income at my age to use as a foundation to build my investment portfolio. But there are expenses…


My current (approximated) monthly expenses: 

Vehicle & Insurance – $650 (wonders of driving in my age in California)

Rent – $750 (small studio apartment)

Utilities – $200

Food & Gas – $450

Education – $350

Miscellaneous – $300

Total Expenses = $2,700

Income After Expenses: $5,000 – $2,700 = +$2,300

Not bad. Realistically, my expenses monthly vary because I do provide financial support for my mother and some other family members from time to time, but it still approximates to what was stated above.



Also, I dedicate $500 a month to my “Buy A House” fund (important asset), and an additional $500 a month to a “Oh Shit!” fund.


Actual Dollar Amount for Investing:

This leaves me with about $1,300 a month. Leaving the $300 for a buffer of safety, I plan to invest $1,000 a month to build a high-yielding portfolio. About 20% of my total net income.



In theory, in 5 years X $1,000 monthly investment with an average 5.5% dividend yield (since I’m personally seeking the highest yielding stocks on the market) – I’ll be raking in $3,300 annually/$825 quarterly from dividends.

Seems like a good starting point. Although I know plans don’t always go, well, according to plan, I’d rather have one than not. Especially with finances, it is easy to get swept away in the consumerism and spend all of our hard earned money. But those days are over for me, it’s time I start making my money work hard!


What is your M.I.P.?


Hey guys, I appreciate you checking out dividend-investor. Sign up below if you would like to receive a couple emails a month for blog updates, new dividend stock purchases, and give-away’s.