I’m reporting my automatic purchases for this past week:
$500 of CVX
$400 of TD
$300 of BBL
I used $1200 in new capital and added $61.19/year to my dividend income. This is an average yield of about 5.65%.
I’m building back up my CVX position. These prices are multi-year lows and I just can’t pass up a 5% yield on a giant oil company like Chevron. My largest sector is in energy but at some point energy stocks will go up and I hope to average into other sectors at discounted prices to keep up the diversity.
TD has retreated some in price lately and I’m trying to build up the position a little further.
BBL just keeps falling. I’m going to continue averaging down on shares of BBL and am hopeful they can maintain the near 7% dividend yield. Just like oil, other commodity prices will recover eventually. I think these prices could look great in 5-10 years.
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.
Picture from a recent trip to Costa Rica.