Recent Stock Purchase I – February 2017

I added positions in 1 existing company in fourth week of February. 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, although, my pace is going to moderate due to stock market getting over-valued, making it difficult to find good values.

Below is the company where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 63days of my freedom race and it was fantastic to have come close to $2000 in passive income. Without further ado:

1) HCP, Inc. (HCP): 10 positions at $31.57 on 2/22

Due to addition of new companies over last several months and splits of HCPYUM and sale of APPL, total count is close to a century mark in my portfolio. However, I’ll be making sale of some companies this year and total count may be down.

Full Disclosure: Long on above mentioned stocks.

8 thoughts on “Recent Stock Purchase I – February 2017

    • Hi B,

      Not sure what you pay in Australia, but, here I use multiple brokers: Sharebuilder, Merrill, IB, Tradeking, scottrade and ameritrade as I spread the money around. Fees range from 0 to ten bucks depending on broker. Hope it answers your query. Thanks for stopping by and commenting.

    • Hi D4F,

      I think HCP is trading at a fair valuations compared historically: down almost 30% from its 52 week high and a decent yield of 4.6%. It is a good time to be adding it in my opinion. Thanks for stopping by and commenting.

  1. Nice buy. I own HCP as well. They just pushed their dividend date back a week so now it will pay in March instead of February this year, making the passive income next month all that much greater.

    • Hi DD,

      Yeah, pushing the date was a surprise and not palatable since my Feb numbers will be off by that much. March quarter looks like a blockbuster and hope that I cross $2K for the first time ever, keeping my fingers crossed. Thanks for stopping by and commenting.

    • Hi Goran,

      I replied in my first comment reg brokerage firms: I try to keep fees around 1% of the amount. In the long term, even if you pay a slightly higher or lesser amount, it does not matter much, as investors do not trade much. Having said that, I did sell 3 companies and will be posting in a separate post. Thanks for stopping by and commenting.

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