Recent Stock Purchase II August 2017

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With the general market all over the place in recent weeks, dropping and climbing seemingly on a whim, I am reminded, once again, that find the “perfect” time to invest is a fool’s game. Seeing the market behave in this manner simply reminds me to keep making my monthly buys, ignore the noise and predictions and simply hold on if the “ride” gets a little wild. When you think about it, as long term dividend growth investors, that’s really all we can do. With that being said, I have gone ahead with my second tranche of buys for the month of August.

I have added to my taxable account 23.8994 shares at $33.39 for a total investment of $798.00 in Pfizer Inc. (PFE). With this recent purchase my taxable account holdings in PFE now totals 48.8994 shares with a market value of $1,625.91. I also hold 9.0 shares of PFE in my ROTH account.

I have added to my taxable account 30.9602 shares at $25.78 for a total investment of $798.00 in General Electric Company (GE). With this recent purchase my taxable account holdings in GE now totals 255.3119 shares with a market value of 6,433.86.

I have added to my taxable account 8.6867 shares at $91.87 for a total investment of $798.00 in The Procter & Gamble Company (PG). With this recent purchase my taxable account holdings in PG now totals 28.0515 shares with a market value of $2,562.22. I also hold 11.4209 shares of PG in my ROTH account.

I have added to my taxable account 10.2584 shares at $77.79 for a total investment of $468.16 in Dominion Energy, Inc. (D). With this recent purchase my taxable account holdings in D now totals 68.3469 shares with a market value of $5,289.37.

I have added to my taxable account 17.4369 shares at $45.77 for a total investment of $798.00 in The Coca-Cola Company (KO). With this recent purchase my taxable account holdings in KO now totals 124.4171 shares with a market value of $5,672.18. I also hold 30.9698 shares of KO in my ROTH account.

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Disclosure: Long PFE, GE, PG, D, KO, SO.

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Moon Kil Woong 1 month ago Contributor's comment

In general the way to play the market it's best to invest in growth or income and usually techs if you believe the market will keep on rising. If not, more conservative bets are better that won't decline as bad as the market and/or recover faster if it declines.

Your current investments look like you are believing that the market will be in a steady state and not rise or fall much, thus you are focused heavily on dividend plays. Many dividend plays are not safe in a downturn and will not sustain their dividends if the market and economy drops. Be careful. I think a steady state for stocks is least likely by 2018 which is fast approaching.

Keith Park 1 month ago Author's comment

Thank you for sharing your thoughts. I am primarily an income investor and invest exclusively in dividend paying stocks. Sure, at times, dividend cuts may occur but over the long haul my aim is to continue increasing my passive income stream each month.