I’m reporting my automatic purchases for this past week:
$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%.
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.
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.
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.