All About Interest

One man's journey to financial independence.

New Purchases – 11/04/14

by

The Abyss

I’m reporting my automatic purchases for this week:

I Bought:

$700 of BBL

I used $700 in new capital and added $32.76/year to my dividend income.  This is an average yield of  4.7%.

Note:

BBL has endured a lot of weakness since announcing a de-merger where they are going to split up some of their assets into another company.  BBL is sitting at a 52-week low and also not up to a full weight in my portfolio so I decided to add more.  I may likely do the same thing next week if the price stays this low.

Picture:

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 one of the best beers I’ve ever had.  If you like imperial stouts then I suggest to track this one down.  The Abyss is amazing.  I’m also heading to Portland in a few weeks so I’ll be going to visit Deschutes brewery there.

Comments

    • AA,

      Thanks! I agree it looks pretty good here. I’m not overweight on shares so that’s another reason to keep buying. BBL will likely be popular in my weekly buys for a while.

      Cheers!

  3. I have to say that BBL never made it on my radar ever. I know a few of the dividend bloggers have it in their portfolios but for whatever reason doesn’t seem to get the attention other dividend payers receive. Nice yield on the stock. I’ll have to take a closer look at this one.
    DivHut recently posted…Dividend Income Update – October 2014My Profile

    • Hi DivHut,

      It seems to be really popular lately after the pullback. I’d be curious to know what you think after your research.

      thanks for stopping by!

    • MDP,

      Thanks! BBL is pretty popular in the dividend growth community lately. I’m with you on energy. I know it will rebound and have been loading up.

      Cheers!

  5. Hi, All About Interest.
    Nice pickup on BBL. I’ve held shares of VALE for the past couple years, but YTD the shares have been under a lot of pressure. I continue to hold strong as I believe China will eventually pickup once again and the shares will rebound. I also recently picked up FCX, which is hitting a 52 week low. FCX is getting hit on both the copper front and on the energy front; however, the yield has moved up to 4.50%, which works well for me. I’m very much looking forward to a bottoming of the metals. Take care.

    Goosemann Jones
    Flight to Dividends Blog
    Goosemann Jones recently posted…Laying the FoundationMy Profile

    • Goosemann,

      Thanks. VALE has a giant dividend that looks like it will be difficult to keep. Their future earnings worry me but there’s also more potential reward with the risk. I wish you luck on that one. I don’t know a whole lot about them. I like FCX much better. I however, don’t plan on buying any more materials stocks other than BBL right now. I might consider buying some additional physical silver as it has come way down in price. The bottom is so hard to predict but if I had to take a guess, I’d say we’re much closer to the bottom than the top.

      Cheers!

    • DGJ,

      Thanks. BBL is worth looking into and the recent weakness is a great buying opportunity in my opinion.

      Thanks for dropping by!

    • SAD,

      Thanks, I’m trying to stay consistent and purchase a minimum of $2400 a month in my Sharebuilder account. I might have a couple of larger purchases here next week.

      If you like dark beers or especially imperial stouts, you need to try it.

      Cheers!

    • Hi Evan,

      I love beer too lol. I just got back from my trip to Portland and will be posting some brewery pictures. There’s a ton of great beer there.

      Take care!

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