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
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...
ReplyDeleteDivHut,
DeleteThanks 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
Nice buy. I am eyeing WFC for the last couple of weeks. Almost hit the buy button myself today. Let's see next week.
ReplyDeleteD4s
D4s,
DeleteThe markets are becoming interesting again. Hopefully you will get a good entry point next week.
MDP
Keep it up MDP. Glad you're back from "hibernation." :)
ReplyDeleteCan'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.
Hustler,
DeleteI 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
I'm very glad to see your hibernation coming to an end. I have been missing your posts and their "DEFY MEDIOCRITY" mantra! :)
ReplyDeleteFab,
DeleteThanks buddy! I love your investing habits as well. Keep grinding away over there!
MDP