Today I decided to re-initiate my AAPL position.
- AAPL: 25 shares @ $92.96 --- Yield 2.45%
Total capital invested is $2330.91 and will this will increase my yearly dividends by $57.00. AAPL is currently trading about $40 per share below its 52 week high and I think offers decent value here. I started of with a fairly small position and will gladly add more in the mid $80s if that happens.
I was close to buying CSCO or ABT as well today and still may. I think both look attractive especially CSCO yielding around 4%.
I still have a desire to keep $300k in cash and am within $14k of that number right now. I am really pleased with my restraint during the past few months, so I decided to reward myself with a small purchase. Knowing me though, this is probably a break in the dam that will have me going "bat shit crazy" with more purchases in the near future!