I’m reporting my automatic purchases for this week (02/11):
I Bought:
$250 of PM
$500 of TGT
I used $750 in new capital and added $26.97/year to my dividend income. This is an average yield of 3.6%.
My forward 12-month dividend income increased to $9408.43.
Note:
Both of these stocks are currently below my cost basis and offer attractive values currently in my opinion.
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 another picture from the Boulder, CO area while hiking a couple weeks ago on my latest trip
Excellent choices and congratulations on increasing your dividend income to $9408, that is absolutely huge! I also own positions in both of these companies and while I want to diversify my portfolio with new positions it is extremely hard to pass up TGT at this price. Boulder is a lovely area, I was lucky enough to be stationed in CO for four years and I often miss it. Take care and keep up the good work!
Hi Dividendasaur,
Thanks and I agree with you. It’s tough to not buy TGT at these prices even though it’s already a little overweight. That’s awesome that you got to live in CO, it’s a beautiful place for sure.
Thanks for stopping by!
Hi AAI,
the picture is nice!
I think that is snow, or?
At the moment a lot of people buy TGT.
I hope, that choice is good for you all!
Best regards
D-S
Hi D-S,
I just uploaded a higher res. image so now you can tell lol. The original one was a thumbnail by mistake and was a little blurry. It’s a river flowing at the bottom of a little canyon.
TGT is in the buy zone for me and I’ll keep adding at these prices. I think their issues are only temporary and it’s providing for a good value currently.
Cheers!
AAI,
Those are great purchases. I picked up some more shares of PM also. PM continues to be a good value in the mid to high 70’s.
My Dividendd Pipeline,
Thanks! It’s great to average down on a position you want to keep for the long-term. I agree with you on PM. I originally was going to have MO/PM be half positions with LO a full but I’ve changed that to MO/LO as half positions and PM to be a full position. It’s hard to resist these prices. I’ll likely keep going overweight as long as I can average down.
Thanks for stopping by!
2 solid DG companies. I’ll be glad when things settle down a bit for me and I can get either a Sharebuilder or Scottrade account to either DCA or FRIP. That’s going to be a tough decision.
Hey PIP,
Yeah these are two companies I plan to hold forever. So why not average down on them when I can. I think the DCA approach with Sharebuilder or the FRIP are both good strategies. I’m certainly happy with Sharebuilder and it’s nice to buy in small chunks without paying any extra commission.
Cheers!
Very nice pickups, I think both these companies will be nice long term holdings!
Hi CI,
I think so too and I don’t mind going a little overweight. These aren’t speculative positions and my portfolio should balance out eventually. I’m trying to focus some attention away from the energy sector since it’s getting to be a large part of my portfolio.
Take care!