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.
Love the small buys you make weekly, as you are building quite a diverse portfolio. I wasn’t too familiar with TEVA, so thanks for introducing me to it. I really need to add healthcare to my portfolio soon. I’m saving up for a larger buy, which will be in addition to my small regular buys. I’m not sure what it will be as of yet, but I may simply add to my DIS holding.
Special Agent Dividend recently posted…Weekly Buys and Dividends
SAD,
Thanks! Slow and boring tends to win this race lol. I’m happy I pointed it out, I think they are a great company. I’m also a fan of DIS and the price has dropped a little, I also need to add some there. So many good companies and so few dollars!
Cheers!
I’m liking CAT and DEO. I still haven’t made my March buy yet but plan to take actin next week. My last buy was ADM in Feb. TEVA looks like a great name that you don’t really see in any portfolio online. Generic drugs are a great market to be in. Thanks for sharing your recent buys.
DivHut recently posted…Dressing Up Your Dividend Portfolio
DH,
I really like DEO right now. It’s not just because I’m opening a bar. I think the currency exchange has also punished prices, it’s just a matter of time before that corrects. They are an amazing company. I’m glad to point out TEVA, I’ve been very happy with the company so far.
Cheers!
I see a lot of people picking up DEO, and obviously if you own a bar, you know the market. I will likely be picking up positions in this near the future. Like you said, people will continue to buy alcohol and name brands do the big business.
As for CAT and TEVA, I’ll have to do some more research on these. I’ve been thinking about CAT, but didn’t want to enter a market that I didn’t entirely understand yet. Lately I’ve been sticking with subscription-based businesses like Verizon (VZ) and Comcast (CMCSA). People will always need to stay connected.
Wallet Squirrel recently posted…Robinhood App Review: I saved $420 in trading fees in 6 months
WS,
Yeah, DEO has been popular. I believe they offer a fair value currently and will provide higher than average returns over the medium term.
Sticking to what you know is great. The telecoms are solid places to park your money. They surely have nice yields.
Thanks for stopping by!