This is a catch-up post for my last four weeks of purchases.
$200 of TD
$200 of TD
$250 of DE
$250 of WFC
$1000 of DEO
I used $1900 in new capital and added $52.55/year to my dividend income. This is an average yield of 2.77%.
I’d like to build up my weight in financials to nearly 10%. I plan to slowly add more to both TD and WFC until they are a full weight (currently 2.5% of my portfolio). Both stocks have risen recently but I think they still offer some value here.
I’m still really liking DEO here. I wish it would stop going back up so fast though until I can build a full position. I think they are at fair value and as soon as currency weaknesses subside, their price will rise even more. They have a giant portfolio of alcoholic beverages with great international exposure. Even during a recession, there will be plenty of people still buying alcohol. I plan to keep averaging into more shares.
I’m nibbling at some De and CAT lately since they were below my cost basis. I enjoy averaging down and dollar-cost-averaging into positions. DE is still just a a half position for me along with CAT. At 40 positions, that means they should have a weight of near 1.25%, so they are a little below weight. I’ll continue adding CAT and DE on any weaknesses.
What are you buying?
In Recent News:
It’s been raining like crazy here and I haven’t been able to get a lot done outside. I’m working on the last of the furniture for the bar and still trying to finish menus.
The picture is from a plantation in a recent trip to New Orleans, LA. Those are 300 year old trees.