Recent Stock Purchase II – March 2016

I added positions in 3 existing companies in second 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) Proctor & Gamble (PG): 5 positions at $82.00 on 3/3/10
2) Ventas Inc. (VTR): 10 positions at $57.50 on 3/10
3) W.P. Carey Inc. (WPC): 10 positions at $59.37 on 3/08

Due to 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.

Like these buys or thinking to add them?

6 thoughts on “Recent Stock Purchase II – March 2016

  1. R2R,

    Good looking buys. I saw that PG dropped on Friday and I was watching it but I’m still on the fence. I’m thinking that it will become an even greater discount stock in a few short weeks. We’ll see if I’m right. Either way, a great stock to grab whenever for the solid returns.

    -Dividend Monster

    • Hi DM,

      I’ve been watching PG since sometime and seeing it go straight up since last several months. Its rare that great companies go on sale and so, had to pull trigger. I’ll add more if the prices drop a bit, but, with P/E of 28, it is getting a bit expensive though. Thanks for stopping by and commenting.

    • Hi Lanny,

      Definitely. My future self will thank my present self for buying them 🙂 You and Bert are also firing on all cylinders over there: I like TROW as well but its a bit high for me. Thanks for stopping by as always.

  2. More great buys. I’d like to add to my PG but not at current levels. For now my focus is still on the Canadian banks and some health REITs. It’s mid March and I still have not made my monthly buy. I have another two weeks still 🙂 Race on with these buys.

    • Hi DH,

      I agree. PG is looking overvalued now especially with recent price action and so holding myself to pull another trigger. There are other opportunities: Canadian banks like RY, TD and BNS are excellent buys with decent yields: I’d love to buy more but they have rallied a lot recently. Heath reits are also on my radar. Look forward to your March buy. Thanks for stopping by as always and appreciate your comments.

Leave a Reply

Your email address will not be published.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