Okay, we're talking about dividend capture. And one of the problems with dividend capture. Obviously, if you buy a stock and it goes down, you know, capture the dividend, you may have to sit on a stock for a long period of time, because you don't want to sell it and lose money. The other thing about dividend capture, and we talked about this is the amount of money you have to use to make it worthwhile, which is usually 10,000 or above. And a lot of people either don't want to risk that much or don't have that much. So you can work some of the similar type of principles but a little differently into picking up stocks With lower amounts of funds and still make a profit.
And these are some examples from trades. These are from 2016. For instance, Altera group, I bought in just a few shares, and I actually held on to it for a period of time and I was eventually able to sell out at 19% profit. Of course, I had this stock for over a year. And that's not a bad run up. My goal when I buy into a stock, and I'm going to hang on to it for a period of time and I talked about this earlier is to get one that's low on PE, low prices, sales, low price to book and those different sources that I gave you like the money paper or the dividend champions, that kind of thing or even using one of the aristocrat funds to go shopping for the stocks, you're basically looking for good solid blue chip stocks that are a bit beaten up, and you know, over time, they're going to come back.
So that's an example with Altera group. And when I buy stocks like this, I usually like to buy them in 1000 or $2,000 lots because that minimizes the cost of the Commission's to buy and sell Berkshire Hathaway, I bought it and got out made some money. But I wasn't too thrilled about Berkshire Hathaway. Because they don't pay any dividends at all. That was just a strict momentum play at the time. Chevron and Exxon were oil companies that I bought, I was meaning to hang on to him for long term.
And then the oil market selling went south. And looking back, I probably should have just hung on to it because over time, I could have collected quite a few dividends and eventually got back to even instead, I listened too much to the news made a mistake and sold early. So I lost some money there and there, calm Comcast, I bought in, held it for a period of time over a year, and I was able to sell it at a 20% profit collecting it on the way so instead of actually jumping in and out with the dividend capture method, you go into the lower amount of money, in this case $2,000 or even $1,000 Just hang on to the stock click some dividends and when it hits about 20% or close enough to 20% It's time to sell and move on Con Air are calling Greg I did well on that one good net was interesting because they spun off so I still own some stock in them even though it doesn't show in a profit here.
That's why only made 11% but with the spin off of actually above that right now. And you can see here that even the last couple dividends i got i actually lost money because I sold a little bit early. Probably should have hung on but you make the choice at the time. Genuine parts. That one I hung on for a year and a half, almost two years. didn't do that.
Well. Not everyone's going to be knock it out of the park. So made some money but not very much. jp morgan, big banking stock. actually did well with that one the same idea. There just picked up the dividends.
Aiming to get 20% and again I picked it up when had low prices sales price to book price to earnings ratio. mdu resource, I actually still own some fractional shares, even though I sold it here at a profit and you can see here and that's not bad for holding on to a stock for a year. Nextel same thing. Again just picking up dividends along the way. Philip Morris, same idea here and actually bought back into Philip Morris recently because again and went back down. So that's not a bad play there.
This is a reat Realty income corporate and that one did pretty good. And then this is just a read index here which I had for quite a while, in fact, a long, long, long time so even know it shows 40% you can see here I've had it since 2012 so that means basically four years. So really, I only worked out to 10% a year not not a barnburner. But again, as I speak about in the course, not bad when it's really a passive form of investment. So this is ways to do it. So instead of taking 10,000 and betting it on one stock, you can actually take $1,000 or $2,000 amounts and put it to work for you and actually do pretty good overall.
And that's the way