I’m reporting my automatic purchases for this past week:
$600 of CVX
$600 of UL
I used $1200 in new capital and added $52.99/year to my dividend income. This is an average yield of 4.42%.
$50 per Week Challenge:
From now until the end of the year, I’m going to challenge myself to invest enough money each week to generate at least $50 per year in annual income and a total cumulative amount of at least $1000. There are 17 weeks left between now and the end of the year.
Week 3/18 complete:
Weekly Target: $50 / Cummulative Target: $1000
Weekly Actual: $52.99 / Cummulative Actual: $200.65 (20.1% of goal)
CVX is working it’s way up to a full position, 2.5% currently. I can’t resist putting money to work in these energy companies at these prices.
UL is still trading right at my cost basis and and sitting at the lower part of the 52-week range. The U.S. tax treaty with the UK allows me to pay no foreign tax witholdings on the dividends. UL has some wonderful brands and I love any chance I get to average down or buy more shares at a discount.
I’m also going to start producing a monthly update post again starting this month.
Some stocks that are currently at the top of my list for next week are CVX, RDS.B, DE, MCD, MDT, PEP, KO, TD, WFC, UL, CSX, UNP, WFC, CMI. I own all but CMI and UNP but would like to initiate positions in those two at some point. I’m trying to average my portfolio out by first bringing up underweight positions that are near my cost basis or lower.
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 another picture from a recent visit to the Denver/Boulder, CO area.