I’m reporting my automatic purchases for this past week:
$350 of JNJ
$450 of COP
I used $800 in new capital and added $28.40/year to my dividend income. This is an average yield of about 3.5%.
I decided to add a small amount to JNJ. I’d like to try and diversify out of energy whenever possibly. Plus, like KO, there really isn’t any opportunities to pick up this stock at much of a discount. They are one of the few companies I still drip but it has fallen behind my average weight. I’d like to bring the company up to a full weight this year along with some of my other medical positions like BDX and MDT.
Energy companies continue to perform poorly compared to the rest of the market, mainly due to a low price of crude. As I’m still aggressively building my portfolio, I plan to keep putting funds in this sector while prices are low. I know oil will rebound but just don’t know when.
I hope everyone is having a Happy New Year!
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.
Continuing the Portland series; This is another shot outside of Rogue Brewing.