Friday, May 13, 2016

Recent Buy --- WFC








Today I initiated a small position in WFC.


  • WFC:  50 shares @ $48.41--- Yield  3.14%

Total capital invested is $2427.45 and this purchase will add $76.00 to my yearly dividends. This is my first ever purchase of Wells Fargo. The only other banks that I have owned are TD and BNS.

WMT, CSCO, AAPL, INTC, SHELL, & CAT are on my radar.

DEFY MEDIOCRITY

8 comments:

  1. I would only consider two American banks for my portfolio, WFC and USB. I have been a happy WFC shareholder for many years and think it's as solid as they come. Thanks for sharing. Welcome back to the 'buy' side...

    ReplyDelete
    Replies
    1. DivHut,

      Thanks for the encouragement. It's good to know that you are a fellow shareholder! You have a well documented fondness for Canadian banks and I plan to add either TD or BNS in the future.

      MDP

      Delete
  2. Nice buy. I am eyeing WFC for the last couple of weeks. Almost hit the buy button myself today. Let's see next week.
    D4s

    ReplyDelete
    Replies
    1. D4s,

      The markets are becoming interesting again. Hopefully you will get a good entry point next week.

      MDP

      Delete
  3. Keep it up MDP. Glad you're back from "hibernation." :)
    Can't wait to see the moves you make. That way I can bank up cash and watch you on the sidelines... hehe
    Have a great 1 bud. Cheers.

    ReplyDelete
    Replies
    1. Hustler,

      I am excited to start rebuilding the portfolio as well. You are going to have to stay on the sidelines for a decade or so in order for me to catch you! :-)

      Keep up the hustle over there!

      MDP

      Delete
  4. I'm very glad to see your hibernation coming to an end. I have been missing your posts and their "DEFY MEDIOCRITY" mantra! :)

    ReplyDelete
    Replies
    1. Fab,

      Thanks buddy! I love your investing habits as well. Keep grinding away over there!

      MDP

      Delete