Tuesday, July 29, 2014

Weekly Sharebuilder Purchases

Here are my automatic investment for this week.

  • ESV:  12.37 shares @ $52.47 --- Yield  5.72%
  • PM:  7.64 shares @ $84.97 --- Yield  4.43%
  • PAYX:  15.43 shares @ $42.06 --- Yield  3.61%
  • GE:  25.37 shares @ $ 25.58 --- Yield  3.44%

Total capital invested is $2600 ($650 in each company).  The combined yield of these purchases is 4.3% and they will add $111.80 to my yearly dividends.

100/week Challenge---Week 14   S&P 500 1979

I was going to buy mores shares of Amerigas (APU), but it has been on a mini run recently and Ensco (ESV) has come down and looked like a better buy.  Phillip Morris (PM) and General Electric (GE) have been lagging all year and still look pretty good at these levels.

For the rest of the year I will be working on improving the quality of my holdings.  This does not mean I won't look at some lower tier companies that have fallen on tough times....Conagra (CAG) and Maxim Integrated (MXIM) are two companies that I will be watching closely.  I also have some smaller positions in Waste Management (WM), General Motors (GM), and Baxter (BAX) that I want to complete positions in. 

Companies on my radar for next week include Boeing (BA), General Electric (GE), Coke (KO), Procter and Gamble (PG), Johnson & Johnson (JNJ), Altria (MO), and McDonald's (MCD), ExxonMobil (XOM).  John Deere (DE) is also starting to look interesting.

1 comment:

  1. George T Jr.

    Great point about starting early and allowing time and compounding to do the heavy lifting. I would also add that by starting early you develop the habit of saving at a high rate. High savings rates are more important than anything if you want to achieve financial independence.

    I would also add that being laser focused on debt elimination/avoidance is mandatory for any significant forward progress toward your goals.