New Purchases – Last Four Weeks Update

This is a catch-up post for my last four weeks of purchases.

I Bought:

03/29

None

04/05

$200 of TD

04/12

$200 of TD

04/19

$250 of DE
$250 of WFC
$1000 of DEO

I used $1900 in new capital and added $52.55/year to my dividend income. This is an average yield of 2.77%.

Notes:

I’d like to build up my weight in financials to nearly 10%.  I plan to slowly add more to both TD and WFC until they are a full weight (currently 2.5% of my portfolio).  Both stocks have risen recently but I think they still offer some value here.

I’m still really liking DEO here.  I wish it would stop going back up so fast though until I can build a full position.  I think they are at fair value and as soon as currency weaknesses subside, their price will rise even more.  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 keep averaging into more shares.

I’m nibbling at some De and CAT lately since they were below my cost basis.  I enjoy averaging down and dollar-cost-averaging into positions. DE is still just a a half position for me along with CAT.  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:

It’s been raining like crazy here and I haven’t been able to get a lot done outside.  I’m working on the last of the furniture for the bar and still trying to finish menus.

The picture is from a plantation in a recent trip to New Orleans, LA.  Those are 300 year old trees.