Tuesday, May 27, 2014

Weekly Sharebuilder Purchases


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. 


10 comments:

  1. all great stocks and I own them all. All good yields too. You are doing a great job investing week after week as it shows you have great focus to pay yourself first. Kudos, not many have that discipline! Shows your character as a grinder!

    ReplyDelete
    Replies
    1. AG,

      Thanks buddy. I'm just plugging along. I may be able to buy these same companies 3 months from now for 15% less and I'm good with that. I hope to continue this high rate of savings for the rest of the year.

      MDP

      Delete
  2. I like this weeks purchases much more than last week. This week seems more likes picks I would make! AFL is a good pick for being on your radar too. I'm curious how long you plan to make weekly share purchases. Doesn't the commish eat up a lot since your purchases are small? Not better to make a purchase every other week or once a moth to save on commish?

    ReplyDelete
  3. DivHut,

    I almost included a dedication sentence to you as I know your feelings about MLPs and REITs. :-)

    As far as my weekly purchases are concerned, I started using Sharebuilder a few months ago. For only $12 a month I am able to make 12 purchases. The stock decisions have to be made on Monday and the purchases go through every Tuesday morning. Fractional share purchases and free DRIPing are also included. Additionally if I go over 12 purchases per month, it is only $1 for each additional transaction. Again orders have to be placed on Mondays and the purchases take place on Tuesdays. I really like this program for diversification purposes.

    MDP

    ReplyDelete
  4. I snagged some GE shares along with you, plus I'm a fellow KO & PM shareholder as well. Guess I'm in good company! Wow, you're really stretching your budget thin. Talk about dedication! I assume you have an emergency fund?

    Best wishes and take care

    ReplyDelete
  5. I'm really liking GE and fortunately it hasn't run up as much as everything else. I have a couple of months of cash set aside plus my bill are really low. I paid off my house about 4 years ago and have no car expense. If I get in a pinch I could use a credit card, or sell some stock. I probably would just hold off purchases for a week or two if needed.

    Best wishes,

    MDP

    ReplyDelete
  6. Nice buys! I own all but GE. You are killing it with the purchases! Between taxes and an upcoming trip, my purchases have been lighter than normal. I have some catching up to do. Take care.

    ReplyDelete
    Replies
    1. Thanks. It is hard to find bargains right now. Hopefully the elusive pullback will be coming sometime this summer.

      MDP

      Delete
  7. I love this quote: "Someone in 1985 who waited to buy PG at the early 1982 levels would still be without a single share today." Exactly right. You can't time the markets, just keep at it and everything will work out, you're making great progress!

    ReplyDelete
    Replies
    1. Dr. Doom,

      You are right about not trying to time the markets. Methodical, regular investing is what creates wealth over time.

      MDP

      Delete