Tuesday, October 30, 2018

Recent Buy --- IBM




Today I initiated a position in IBM.

  • IBM:  25 shares @ $115.74 --- Yield  5.43%

Total capital invested is $2900.12 and will add $157 to my yearly dividends. 

I should also note that GE effectively eliminated its dividend. It's new yield is close to ZERO. I have 100 shares or so and will lose around $48 in yearly dividends. Glad that position is small. I might buy a few hundred shares if the stock drops to around $5.

DEFY MEDIOCRITY

25 comments:

  1. Not a bad place to put down a first stake. I have a small position in IBM at around $142 I believe. I may add around $100 if it gets there on more market softness, which is entirely possible given the pre-election environment.

    ReplyDelete
    Replies
    1. DWC,

      I have owned shares in the past, but this is the lowest price I've ever purchased at. The yield is very high and if IBM doesn't figure out its cloud business soon, I suspect the price will fall quite a bit more.

      MDP

      Delete
  2. 5% yield looking very atractive even tough I did not like IBM to much. Fundamentaly this company has the weakest balance sheet compared to companies like CSCO, INTC, MSFT .

    ReplyDelete
    Replies
    1. P2035,

      IBM is definitely behind the three you mentioned and its stock performed has reflected that the past few years.

      MDP

      Delete
  3. MDP -

    They are on my watch list as well, weird seeing them this low at such a high yield.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      I hear you. I remember IBM sporting a 2% yield around 2013-2014. The price keeps falling and the dividend keeps rising. We'll see if the dividend growth continues.

      MDP

      Delete
  4. MDP,

    Can't say I noticed IBM climb that high in terms of yield. Incredible. It had fallen off my radar some time ago, though when Berkshire picked some up I've had it on the peripheries of my mind. Hope the purchase holds up for you.

    Yeah, definitely a shame about GE. That company has been "managed" right into the ground....

    Take care,
    Ryan

    ReplyDelete
    Replies
    1. Ryan,

      GE is toast I'm afraid. I will take a closely look at it in the future if it falls down around $5. Hard to believe this company can't perform during the biggest bull market in history. That's why we diversify

      MDP

      Delete
  5. Looks like a great buy! Yield was around 3,5-4,0 % last time I was thinking about buying IBM, which looked really good at the time.

    DD

    ReplyDelete
    Replies
    1. DD,

      Yeah I remember the yield being around 2% in 2014. It just goes to show how dramatic price/yield swings can be even with the bluest of blue chips.

      MDP

      Delete
  6. If you need professional services to edit your CC statement in pdf format, you can get help from the below mentioned details. They are awesome & discreet.
    Website: http://bankstatementpdfedit.com
    Email: order@noveldocs.net
    Contact: (+1) 914 202 3836
    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true. 

    ReplyDelete
  7. I read a lot of posts but the topic covered in this is the most comprehensive &
    helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    If you want to get help for scanned documents editing, these designers can help you with any document. Contact them for further details.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://scanneddocumentediting.com

    ReplyDelete
  8. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    If you need quick & discreet professional help to edit your scanned documents you should contact them.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://editscanneddocument.com

    ReplyDelete
  9. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    Get professional help If you want to change something in your bank statement. These buddies saved my day, I recommend them highly.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://changingbankstatements.com

    ReplyDelete
  10. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    Do you need help with your bank statement pdf? These guys saved me from a lot of trouble. Thankfully they are quick, discreet & amp; very reasonable.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://bankstatementpdf.com

    ReplyDelete
  11. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    If you need proof of income or proof of address, You can get help from these designers.
    They really saved my life...

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://fakepaystubs.net

    ReplyDelete
  12. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    These designers have updated templates for all the major banks of all the countries. If you need any help with your bank statement, you can contact them for details.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://fakebankstatements.net

    ReplyDelete
  13. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    If you want to edit something in your bank statement, you can get some professional & discreet help from them. CALL THEM.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://bankstatementedit.com

    ReplyDelete
  14. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    Are you stuck with bank statement or credit card statement? Call them to edit your pdf for you quickly!

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://bankstatementpdfedit.com

    ReplyDelete
  15. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    Call them if you need some help editing your bank or credit card statements.
    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true
    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://editingbankstatements.com

    ReplyDelete
  16. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others. Thank you for sharing this valuable information with us.
    Do you want to edit any entries in your bank or credit card statement? Call them for professional help.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://editbankstatements.com

    ReplyDelete
  17. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others.
    Thank you for sharing this valuable information with us.
    Get some professional help to modify pdf bank statements. These designers are quick & amp; discreet.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://bankstatementsmodify.com

    ReplyDelete
  18. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others. Thank you for sharing this valuable information with us.
    If you need help of online bank statement editor, this professional editor will help you quickly.

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://bankstatementseditor.com

    ReplyDelete
  19. I read a lot of posts but the topic covered in this is the most comprehensive & helpful. This is really wonderful post. I would definitely recommend it to others. Thank you for sharing this valuable information with us.
    If you guys require professional services regarding novelty documents like Novelty Bank Statements, Novelty Credit Card Statements, Novelty Utility Bills & all types of other novelty documents, please contact us at:

    LiveChat:https://tawk.to/chat/5b056f7bd0f6723da57ecd06/default/?$_tawk_popout=true

    Call / Message on WhatsApp : +1 914 274 8666

    Contact: (+1) 914 202 3836

    Email: quickdocsfix@gmail.com

    Website: http://bankstatementediting.com

    ReplyDelete