I’m reporting my automatic purchases for last week:
$300 of AWR
$200 of ESV
$200 of MDT
I used $700 in new capital and added $27.22/year to my dividend income. This is an average yield of 3.9%.
I am pretty comfortable with my large position in ESV and energy in general (currently 20%). If I do average down further, it will likely be in very small pieces. I’ve also sold several puts that if assigned would lower my basis further. All of the drillers could be under pressure for a while.
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. I also like this company as a defensive stock in a market downturn.
I added a small amount to MDT. It’s below an average weight and I’d like to bring up my weight in the medical sector in general. Both BDX and MDT are due for some additions to.
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 a picture of the helicopter we rode in on the scenic waterfall tour in Hawai’i. We originally wanted to see the volcanoes but the weather was too bad on the eastern side of the island.