I’m reporting my automatic purchases for last week:
$500 of AWR
$200 of ESV
I used $700 in new capital and added $28/year to my dividend income. This is an average yield of 4%.
Shares of ESV continue to go lower. Is this a case of catching a falling knife? Well, I don’t think so. I don’t mind waiting a couple of years for this sector to correct as long as I have faith in the management.
I’ve mentioned why I like AWR before and I’m trying to slowly increase my weight there. Water is a resource that will stay in high demand.
Just for some fun and to add some color I will be posting pictures of places I’ve been to. It’s also motivation to reach FI so I can travel and do what I want to when I want to.
This is another picture from Hawaii. It’s on the Big Island during our helicopter tour. You can see some of the resorts and also the lava rocks.