After close examination, it appears that I have too much oxygen in my wallet.
- No purchase --- Yield 0%
Total capital invested is $0 and my yearly dividends will remain the same.
I went a bit crazy last week buying a ton of PM and CAT, which exhausted my funds. So much so that I strongly considered temporarily eliminating the DRIP on CVX, JNJ, IBM, and XOM as they pay dividends today. I don't DRIP TGT which is my payer today so that should help with my short term cash crunch. One day I will totally drop all DRIPing and will partially live off the income these companies create. What a great day that will be.
I have a dentist appointment tomorrow for a cleaning (luckily I have the HSA card to make the payment). The good news is I will receive a paycheck on Friday so I should be back in business for next week. Sometimes I live a bit close to the edge.
If my wife saw this post she'd smack me upside the head and I can't say that I would blame her.
I may need to look into one of those 12 step programs for dividend addiction (DA). Anyway I am stuck on the porch this week, but this dog will be out running hard again next week.
By the look of today's market, I'm sure many will be adding oil companies to their wish lists. I have focused on other areas of my portfolio in recent months so I probably will jump back into the energy side of the pool. A lot can happen in a week.
Stocks on my radar for next week include SO, TD, KO, RDS-b, BBL, APU, PG, JNJ, CAT, NOV, and CVX.