- RDS-B: 6.78 shares @ $73.74 --- Yield 5.10%
- BBL: 9.50 shares @ $52.63 --- Yield 4.71%
- GM: 16.00 shares @ $31.24 --- Yield 3.84%
- BAX: 7.06 shares @ $70.87 --- Yield 2.93%
- IBM: 3.06 shares @ $163.55 --- Yield 2.69%
Total capital invested is $2500 ($500 in each company). The combined yield on this week's purchases is 3.85% and will increase my yearly dividends by $96.35.
$100/week Challenge --- Week 29 S&P 500: 2040 (New all time high)
I fell just a bit short of $100 this week. The good news is that I am on track to reach $14,500 in forward passive income with next week's purchases. This has been a grueling, meat grinder of a year for me, but I am pleased to be closing in on this milestone much earlier than anticipated.
Any evidence of the recent market correction has not only been erased, but it appears that the bull market is back and breaking through new all time highs. I am not going to lie...this is a bit frustrating.
While it is tempting to jump into some more aggressive companies like V, AAPL, SBUX, and MSFT, I will probably continue a more contrarian investing approach and focus on my energy positions along with out of favor companies like T, PFE, GE and IBM.