Recent Stock Sale II – March 2017

Last week, I mentioned about the reasons why I think market looks fully or over-valued in my opinion. There was a small pullback of few percent points due to the failure of American Health act passage and myriad of other reasons like fed rate hike, geopolitical risks in south china sea, likely OPEC non-compliance of oil quotas, etc. Due to these reasons and others, I think that market is facing some head winds.

I kept steady in implementing my strategy to trim or eliminate positions in companies and raise some cash in hand so that whenever pull back does eventually happen, I’m ready to deploy the cash. I’ve completely sold following companies: AMGN, AXP, BAC, BUD, CAT, CNP, CVS, DIS, DOW, DPS, FLO, GD, JNJ, JPM, KO, MCD, MO, MSFT, OKE, PEP, PM, POT, RAI, SYY, USB, UTX, and WMT.

Over last few weeks, I’ve sold 47 companies in my portfolio, trimming down almost 50%. I feel more comfortable with this size of portfolio at this point of time. However, I’ll be at look out for buying opportunities whenever they arise, currently, I’m seeing fewer. I still have 50 companies and that’s a decent size and fairly diversified by many measures.

What do you think about market valuation, have you considered selling some companies also?

Recent Stock Purchase III – January 2017

I added positions in 3 existing companies in third week of January. I plan to keep adding these dividend growth stocks to grow my passive dividend income to a point where all my expenses are covered by passive income generated by them.

Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 60days of my freedom race and it was nice to have crossed $1700 in passive income for the first time ever. Without further ado:

1) Gilead Sciences, Inc. (GILD): 5 positions at $72.19 on 1/17
2) Walmart Stores, Inc. (WMT): 5 positions at $68.20 on 1/17
3) W.P. Carey, Inc. (WPC): 10 positions at $61.18 on 1/17

Due to addition of new companies over last several months and splits of HCPYUM and sale of APPL, total count is getting closing to a century mark in my portfolio.

Full Disclosure: Long on above mentioned stocks.

Recent Stock Purchase I – November 2016

I added positions in 3 existing companies in first week of November. I plan to keep adding these dividend growth stocks to grow my passive dividend income to a point where all my expenses are covered by passive income generated by them.

Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 54days of my freedom race and it was nice to have crossed $1500 in passive income for the third time this year. Without further ado:

1) AbbVie Inc. (ABBV): 5 positions at $56.79 on 11/02
2) Chatham Lodging Trust (CLDT): 10 positions at $16.78 on 11/04
3) HCP Inc. (HCP): 10 positions at $30.04 on 11/02

Due to addition of new companies over last several months and splits of HCP and YUM to QCP and YUMC respectively, total number is 97 companies in my portfolio.

Full Disclosure: Long on above mentioned stocks.

Recent Stock Purchase III – September 2016

I added positions in 3 existing companies in third week of September. I plan to keep adding these dividend growth stocks to grow my passive dividend income to a point where all my expenses are covered by passive income generated by them.

Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 480 days of my freedom race and it was nice to have crossed $1500 in passive income for the first time this year. Without further ado:

1) Dow Chemicals, Co. (DOW): 5 positions at $53.02 on 9/19
2) Flower Foods, Inc. (FLO): 10 positions at $15.52 on 9/19
3) Potash Corp. of Sask. (POT): 10 positions at $16.06 on 9/19

Due to addition of new companies over last several months, total number is 95 wonderful companies in my portfolio.

Full Disclosure: Long on above mentioned stocks.

Recent Stock Purchase IV – August 2016

I added positions in 3 existing companies in fourth week of August. I plan to keep adding these dividend growth stocks to grow my passive dividend income to a point where all my expenses are covered by passive income generated by them.

Below are the companies where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 450 days of my freedom race and it was nice to have crossed $1000 in passive income for the third time this year. Without further ado:

1) EPR Properties (EPR): 5 positions at $77.77 on 8/26
2) Main Street Capital (MAIN): 10 positions at $34.00 on 8/26
3) STAG Industrial, Inc. (STAG): 10 positions at $24.44 on 8/22

Due to addition of new companies over last several months, total number is 95 wonderful companies in my portfolio.

Full Disclosure: Long on above mentioned stocks.