Recent Buy - Bayer AG (BAYRY)

Part of my routine each morning is to open the Yahoo! Finance application on my phone and see what the market is up to.  On Tuesday morning, it was clear heading into the market open that the market would open in negative territory based on where the DOW futures where trading leading into the open.  One stock on my watch list stood out like a sore thumb and it is a current holding of mine, namely, Bayer AG.  Within the first few hours the stock had fallen > 8.5% which brought it back down to similar levels as when I first picked up shares not too long ago.  As the week progressed, the valuation continue to decline with the rest of the market and I continued to buy.  See below for the details on this most recent purchases.

Recent Buy - Delta Air Lines (DAL)

I realized things got interesting Wednesday afternoon when I checked in on the markets and saw that they were in midst of a precipitous decline for the day.  I keep a lengthy list of stocks on my watch list and whether the markets panic for one day or weeks on end, I have always made sure to have a pile of cash handy to take advantage of perceived price discrepancies.  From this watch list, I always have an even shorter list of stocks that are presently in or are nearing a valuation range where I would be willing to initiate a new position (or add to an existing position) should the right price present itself.  I think this is a pretty typical characteristic of any self directed long term investor.  Well, on Wednesday, the stock I decided to pull the trigger on was DAL.  The stock has retreated back to the low $50s and I have decided the value offered for the price provides and adequate margin of safety.  See below for the details of the purchase, some metrics, and additional commentary.

Recent Buy - J.M. Smucker Co (SJM)

Recently made my first purchase for this month.  I've had a handful of companies on my shortlist of potentials buys and most of them are companies I have a current position in, such as J.M. Smucker.  This company is back down near their 52 week lows and the industry as a whole is out of favor with Wall Street.  SJM along with GIS have made some acquisitions recently to spur some growth and questions remain surrounding the price paid versus value received. See below for the details of the purchase along with some additional notes regarding valuation and purchase.

2018 September Dividend Summary

The third quarter of the calendar year is now in the books and companies will soon begin to report the latest quarter of earnings.  As many well know, September is one of the big 4 months of the year that tends to tally a large sum of dividend receipts and there is no exception with my experience.  See below for the monthly along with the YoY variance allocation between rate and volume - netting an increase of 34.6% increase in dividends.