Here are my automatic investments for this week.
- RDS-b: 3.09 shares @ $64.79 --- Yield 5.80%
- GE: 8.29 shares @ $24.12 --- Yield 3.81%
- IBM: 1.25 shares @ $159.47 --- Yield 2.76%
Total capital invested is $600 ($200 in each company). The combined yield on these purchases is 4.12% and this will add $24.74 to my yearly dividends.
Originally I was going to only add to my energy holdings, but I decided to add to GE and IBM on recent weakness.
Stocks on my radar for next week: Honestly I have no idea right now. Some days I think about just buying T, PG, KO, XOM, and JNJ and not making a change for the entire year. Recently I may be over-analyzing things a bit and maybe just adding to these five companies indefinitely would be the best idea.
Another idea I had was to just add to the small dogs periodically. This strategy typically finds undervalued companies with excellent starting yields. Unfortunately the telecoms (T, VZ) usually comprise one or two slots. Last year the members included T, INTC, GE, CSCO, and PFE.
In 2014 I added a lot of capital early last year using this strategy and the results were very impressive. The only downside is that I have fairly large positions in most of these companies. I should also note that all five companies raised their dividends during the year.
If all else fails, I can always get the dart board out of the attic.