I invested a total sum of $5,654.25 in the first week of June. Dividend Growth Investing (DGI) stocks will be used to to fuel my passive dividend income over a period of 3000 days. Compounding magic should kick in before long and we could then sit back and relax a bit, sipping a cup of drinks on a cruise towards Bahamas Island 🙂 Wouldn’t that be a sight to behold and cherish.
I bought overall 14 companies over this week. Summer has started hot already 🙂 These stocks are from diverse sectors of economy so that my passive income is not trapped in few chips. So far, I’ve bought about 20 stocks, ultimately, I may own close to 50 stocks, but, I want to be careful not to diver-worsify as well. However, this is just the beginning and let’s see where we land up! We will be watching this fun race together 😉
The companies that I put my money are: CVX, DLR, KMI, MAIN, MO, O, OHI, OKE, PG, PM, RDS.B, SNH, VTR and WPC. I plan to dollar cost average in some of these companies to built more positions in coming weeks. REITs have been excellent buy recently along with O&G companies.
Full Disclosure: Long on above mentioned stocks.
Thanks for reading.