Here are my automatic investments for this week.
- CAT: 3.01 shares @ $82.96 --- Yield 3.38%
- PG: 2.92 shares @ $85.69 -- Yield 3.00%
- BAX: 3.57 shares @ $69.99 --- Yield 2.97%
- JNJ: 2.46 shares @ $101.44 --- Yield 2.76%
Total capital invested this week is $1000 ($250 in each company). The combined yield on this week's purchases is 3.03% and will add $30.28 to my yearly dividends.
These are four relatively boring yet awesome companies which should pay dividends for many decades to come. That is so cool to think about.
Wow! The markets have been swinging around over the place during the past week. Each day it seems like the markets have been moving in 200-300 points spurts, sometimes in both directions. Last week I missed a golden opportunity to buy Chevron under $100 on Friday as I couldn't get near a computer.
Now it looks like oil is in BEAST MODE, blowing past $51 today. This is a good thing in my opinion as I feel like I have been drowning with all the energy purchase during the past few months.
Realistically I do have a few larger positions that potentially could some have some dividend risk (BP, ESV, and BBL) so again, this is great news. Also seeing my portfolio rebounding during the past couple of days is good psychologically for me. Ultimately though it is the steady, sustainable dividend income that is the most important consideration, not the daily moves.
Of course oil could easily switch directions back to the downside, in which case I will hop back into the oil well and resume buying. Sometimes I wish I had fewer positions as I feel like I am trying to herd cats keeping track of all these positions.
Anyway, if oil remains at $50 or climbs higher, I will be looking at KO, PG, BAX, MSFT, CAT, PM, and JNJ.
Stay relentless in your pursuit of FI everyone!