It feels like it has been forever since I made my last purchase and cash has been piling up in the meantime. When it comes to investing, we all know that patience is most certainly a virtue one needs to exhibit on a regular basis, whether it comes to waiting for reasonable valuation to present itself or simply buying and holding a basket of investments in an attempt to delay the gratification of what a sum of dollars can buy today and instead investing that sum of money in a security and then waiting for it to exponentially grow into a greater sum of dollars over a decade or two in sum cases much longer. Well, with the ongoing global coronavirus scare and the number of confirmed cases growing on a daily basis, Mr. Market has begun to panic and as a result has agreed to sell me some shares at much more reasonable valuations than what he was willing to do just a few months ago. In response to Mr. Market's panic, I've put $7,500 in capital to work in the past month with the average yield of 4.0% for an additional $297 in annual dividend income. See below for the details on the latest transactions in recent weeks.
Showing posts with label MMM. Show all posts
Showing posts with label MMM. Show all posts
Wednesday, February 26, 2020
Monday, October 28, 2019
Friday, August 23, 2019
Recent Buy - 3M (MMM), Cardinal Health (CAH), and DOW Inc (DOW)
Well, it has been nearly 3 months since I last purchased shares of any stock. With the recent political shenanigans surrounding trade and the Fed's anticipated actions the markets have seen some greater than usual volatility. Today was no exception as such, seized the opportunity add to some existing position in addition to a purchase I made earlier this week which resulted in a new position to the portfolio.
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