Here are my automatic investments for this week.
- RDS-b: 8.52 shares @ $82.08 --- Yield 4.58%
- PM: 8.07 shares @ $86.66 --- Yield 4.34%
- GE: 26.29 shares @ $26.59 --- Yield 3.31%
- KO: 17.26 shares @ $40.56 --- Yield 3.00%
Total capital invested is $2800 ($700 in each company). The combined yield on these purchases is 3.81% and this will increase my yearly dividends by $106.68.
$100/week Challenge---Week 5
This is the fifth straight week and the first full month that I have increased my yearly dividends by at least $100 each week. All and all it was a pretty solid month. I had to cut my expenses here and there while working a little bit harder at my day job. This week I was stretched a little thin. My checking account balance this morning is at $133, but fortunately $114.45 will hit my account tomorrow courtesy of HCP.
The market seems to hit new highs every day. The S&P 500 is a hair over 1900 and bargain companies are in short supply. I don't think I got any exceptional deals today, but the name of the game is consistent, methodical investing regardless of market conditions. Someone in 1985 who waited to buy PG at the early 1982 levels would still be without a single share today. This is not to say that there won't be some sort of correction soon, but many have been on the sidelines for the last 3-5 years waiting for the "second shoe to drop". I am going to keep plowing forward one week at a time until FI.
Stocks on my radar for next week are PM, GE, KO, PFE, JPM, TD, TGT, BAX, and AFL. Of course I mostly ignored last week's radar stocks as I only bought PM.