I’m reporting my automatic purchases for this week:
$250 of BP
$250 of JNJ
$200 of MCD
I used $700 in new capital and added $28.00/year to my dividend income. This is an average yield of 4.0%.
MCD is sitting near a 52-week low so I decided to grab a few some shares.
JNJ has been on a tear the last couple of years. A stock with a 50+ year dividend increase history will usually trade at a premium. I decided to add a little more here since it’s below an average weight in my portfolio and I want more healthcare exposure. JNJ is one of only a couple of stocks that I keep on a DRIP.
BP has been beaten up recently and I will just nibble at these energy stocks as long as they are near their 52-week lows. I think BP from $40-$42 is very attractive.
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 taken from the Space Needle in Seattle last September. It’s such a beautiful city. I have a trip planned next month to Portland which I hear is really similar.