New Purchases – Week of 09/15/15

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

I Bought:

$750 of UNP
$750 of RDS.B

I used $1500 in new capital and added $68.51/year to my dividend income. This is an average yield of  4.57%.

$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 16 weeks left between now and the end of the year.

Week 4/18 complete:
Weekly Target: $50 / Cummulative Target: $1000
Weekly Actual: $68.51 / Cummulative Actual: $269.16 (26.9% of goal)

Note:

UNP is a new position for me.  I think there’s a lot of value in this name.  UNP will be a good compliment to my railroad holdings in CSX and NSC.  I plan to continue building UNP up to a full position.

What’s not to like about an oil major yielding almost 7%.  RDS.B was more than 20% below my cost basis so I decided to lower my basis and add a few more shares.  I will continue to build up my energy portfolio as long as these low prices persist.  I don’t see cheap oil going away for a while so I should have time to accumulate some nice positions that will do very well as soon as oil recovers and it will.

Watchlist:

Some stocks that are currently at the top of my list for next week are CVX, RDS.B, DE, DEO, MCD, MDT, PEP, KO, TD, WFC, UL, CSX, UNP, WFC, CMI.  I own all but CMI and DEO 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.

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.

This is a picture from a trip to Costa Rica.