Recent Stock Purchase II – October 2014

With the incredible market swings of the past few weeks some investors might feel more comfortable waiting on the sidelines for calmer waters before jumping in. My investment philosophy has always been to be consistent with my investments no matter what the market is doing. As long as I contribute to my portfolio at least, once a month, I am on track to achieve my goal.

That being said, October has presented us with some great buying opportunities which have not been seen for many, many months. As always, many dividend growth investors are faced with the question of initiating a new position or take advantage of new lower prices and average down current positions. I chose the latter.

I have added to my ROTH account 25.0421 shares at $39.78 for a total investment of $996.17 in Unilever plc (UL).

This brings my total holding of UL to 45.0421 shares at an average cost of $41.12. October has been a great month for adding some shares at discounted prices. My earlier purchases this month included additional shares of The Toronto-Dominion Bank (TD) and The Bank of Nova Scotia (BNS).

What do you think about my recent stock purchase? Have you been initiating any new positions, averaging down current holdings or both? Please let me know below.

Disclosure: Long UL. 

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