I’m reporting my automatic purchases for this past week:
$800 of PEP
$400 of RDS-B
I used $1200 in new capital and added $51.66/year to my dividend income. This is an average yield of 4.31%.
$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 2/18 complete:
Weekly Target: $50 / Cummulative Target: $1000
Weekly Actual: $51.66 / Cummulative Actual: $147.66 (14.77% of goal)
RDS.B is nearly a full position, 2.5% currently, but it’s so hard to resist at these prices. It’s more than 20% below my cost basis and I love averaging down on great companies I know will be around in another 20 years!
PEP is a little below weight, currently 1% of my portfolio, and I just love their products. I also love the diversification that the snack food division gives over KO. I’d love to build up both a little more at current prices.
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 a picture from a recent visit to the Denver, Co area.