$300 of UNP
$600 of DEO
28 shares of NSC ($2018)
I used $2918 in new capital and added $100/year to my dividend income. This is an average yield of 3.4%.
Choo Choo! It’s like Monopoly and I just bought two railroads.
UNP continues to be on my short list at these prices until it’s a full position. A couple more months at these prices and I’ll be loaded up for a while.
DEO is still a fairly new position. They have a lot of big alcohol brands in their portfolio and sport a pretty nice yield of almost 4%. S&P Capital IQ estimates their 3-year CAGR at 8% and Morningstar gives the company 4 Stars. I’ll keep buying and think they are a good company to diversify my portfolio further. Even when we have a recession, people are drinking alcohol.
It’s been a long time since I added to NSC. I topped off the position with a purchase of 28 shares to make my share count an even 100. The price is slightly over my basis but I think there’s good value here. Morningstar gives them 4 Stars currently. I’m done purchasing NSC for a while now since it’s slightly overweight.
In Recent News:
I corrected a few items on my TABC application and the lady seems happy. I picked up appropriate signage. I have to place an ad in the newspaper alerting everyone that I’m applying for the license and that should be the last step. I’m targeting an opening still in early March but expect to have the license by mid February. I picked out a POS system that works on the IPAD. I’m looking at credit card processing companies and I still need to take a 10-hour food management course. I never knew how much work this would be. I still need to finish menus and get the bar in compliance with ADA laws.