This is a catch-up post for my purchases in March. I’m currently contributing just $300 weekly into my Sharebuilder accounts. I was making purchases every two weeks but now I’m making smaller purchases every week. I hope to pick up the purchases a lot in a few months after taxes are paid and my new business is making money.
I Bought:
03/01
$200 of DEO
$200 of CAT
03/08
$300 of TEVA
03/15
$300 of TEVA
03/21
$300 of TEVA
I used $1300 in new capital and added $35.62/year to my dividend income. This is an average yield of 2.74%.
Notes:
I love TEVA here. They are near 52-week lows and this allows me to build up to a full position. Their business is mainly in generic medicines that are sold all over the world. I love the healthcare sector in general and this gives me a chance to build up my position a little. I’m nearly done with this position in the short-term. They are off a lot of investors radars because of currency exchanges that make it look like the dividends have been going up and down. I give credit to a company that increases their dividends in their own currencies.
I’m still really liking DEO here. They have a giant portfolio of alcoholic beverages with great international exposure. Even during a recession, there will be plenty of people still buying alcohol. I plan to continue averaging into more shares while slowly building up my position. I’m seeing their brands much more now that I own a bar.
I’m nibbling at some CAT since they were below my cost basis. I enjoy averaging down and dollar-cost-averaging into positions. CAT is still just a a half position for me along with DE. At 40 positions, that means they should have a weight of near 1.25%, so they are a little below weight. I’ll continue adding CAT and DE on any weaknesses.
What are you buying?
In Recent News:
I’m trying to catch up on posts since I took about a month off to work on the bar. Things have come along nicely and I’ve got all licenses and insurances in place to start business. Now I have to work on training staff and perfecting the menus before opening.
The picture is from the Robot Restaurant in Tokyo. I saw it on an Anthony Bourdain episode and had to check it out. It was a reall cool and unusual experience.