Recent Stock Purchase I – March 2016

I initiated a new position in Boeing Company (BA) and added positions in 5 existing companies in first week of March. 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 the 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 300 days of my freedom race and it was great to have crossed $600 in passive income as well for the first time :) Without further ado:

1) Boeing Company (BA): 5 positions at $119.63 on 3/02
2) Anheuser-Busch InBev (BUD): 5 positions at $112.11 on 3/01
3) Freeport-McMoran Inc. (FCX): 100 positions at $8.64 on 3/03
4) National Health Investors Inc. (NHI): 5 positions at $63.20 on 3/01
5) Starwood Property Trust, Inc. (STWD): 15 positions at $18.10 on 3/02
6) WP Carey Inc. (WPC): 5 positions at $56.97 on 3/01

Last year, I trimmed positions in Kinder Morgan, Inc. (KMI) and ONEOK, Inc. (OKE) for tax-harvesting purpose, however, I’ll add them this yearAs a result of addition of new companies over last several weeks, total number went up to round figure of 75 wonderful companies in my portfolio.

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

Own any of them or considering adding them?

10 thoughts on “Recent Stock Purchase I – March 2016

  1. R2R,

    Sorry to see that you like many were effected by the drop of KMI. It looks like you rolled with the punches well though by picking up Boeing. They’re a great company and they should pay off nicely for you.

    -Dividend Monster

    • Hi DM,

      KMI was a big damper last year with the 75% gnash, hurting lot of folks in the process. Though, with oil prices recovering, it may be a good time to nibble some energy companies. Boeing along with Airbus have duopoly in the world and belongs to all DGI’s portfolios. I wanted to buy it long time back but it always looked over-valued, so, I’m late in pulling the trigger. Thanks for stopping by and commenting.

  2. Congrats on making the $600 mark in 300 days. You have very effective strategy to buy consistently. I’ll have to wait for March to see what would be my monthly average be. I’m shooting for $500/mon average by year end. The way you’re flying, by year end you might get to $800-900, which is an awesome number, not too far from $3000.

    • Hi Vivianne,

      Appreciate the kind words. I try to keep some consistency since I can’t time the market, not sure who can. So, its better to have a consistent strategy if we are playing for long haul. $500 is awesome number to cross and best wishes for that. I would love to get closer to $1K this year. That will be a huge step for me and I’m sure for all DGI bloggers outta there. Thanks for stopping as always and commenting.

    • Hi IH,

      Yeah, I’m glad to have crossed $500 mark, it looks like ancient time 🙂 BA is definitely a great company and there is lot of unexplored market. I’d like to add more if prices take some dip in future. You are doing great over there as well. Appreciate stopping by!

    • Hi Lanny,

      Ha! Love that line 🙂 Definitely, it feels good to jump some stones. Congrats on your fantastic income over there as well. Thanks for stopping by as always.

  3. No sleep for you. The buys keep coming in. NHI looks interesting. I considered them and LTC at one point. I used to own BUD a while back before it was bought out. Was a great position but have not re-entered. Thanks for sharing.

    • Hi DH,

      I was a bit heavy on O&G stocks and needed to diversify my portfolio for better balance and reits fit right there. I like many reits like OHI, HCP, VTR, WPC, along with DLR, NHI & O. I’ve to look into LTC. Consumer staples and discretionary are on my top list and BUD is right there. BUD is a fantastic company and with SABMiller merger, its going to be big. Thanks for stopping by as always.

Leave a Reply

Your email address will not be published. Required fields are marked *