I’m reporting my automatic purchases for this past week:
I Bought:
$300 of CVX
$200 of TD
$200 of UL
I used $700 in new capital and added $29.44/year to my dividend income. This is an average yield of 4.21%.
Note:
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 an oil behemeth 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 back to a full weight.
UL is sitting around my cost basis or a little lower and I want to bring it up to a full weight. There’s some discounts in European and Canadian stocks with the dollar currently being so strong. I know that won’t last forever so I need to strike while the iron is hot.
Watchlist:
On my short list currently for next week are BBL, CMI, CVX, DE, MCD, PEP, TD, UL, UNP, WFC. I’m trying to average my portfolio out by first bringing up underweight positions that are near my cost basis or lower. CMI or UNP would be new positions.
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.
Nice buys. I also picked up a Canadian name this week. Added to my RY and have TD on my potential buy list as well. The yields among the financial and energy names seem too good to pass up. Thanks for sharing.
DivHut recently posted…Recent Stock Purchase â August 2015
Thanks DivHut.
RY looks good here also. I’d like to pick up another Canadian bank at some point. I can’t pass up the yields on these energy titans.
Thanks for stopping by!
Good to see you putting money to work AAI. I initiated a position in Walmart this week. BBL, UNP, CVX and XOM are all on my watchlist……though I want to see some panic selling in oil first.
I hope you’ve had a great week
-Bryan
Income Surfer recently posted…NEW BUY
Thanks! Nice job, there seems to be a lot of value started to show up now that markets are starting to retreat. I think we’re seeing the panic in oil selling now! It may be time to load up.
Cheers!
Pretty solid buys AAI! I recently opened up an account with TradeKing which is letting me make smaller purchases so I can average into positions more instead of having to commit a larger amount of capital to each purchase. Now I just need to get more capital built up over the next few months to put to work. Lots of great opportunities in the markets right now.
Also, where’s that pic from? We recently went to southern Colorado and it reminds me of the area.
JC,
Thanks! I really want to check out TradeKing if I ever get my current accounts built back up. I’ve heard pretty good things about them, you’ll have to let me know how it goes.
The picture is from the flat irons in Boulder, CO. Good guess!
Cheers!