Recent Stock Purchase II – November 2015

I made few purchases on second week of November as market offered opportunities. I plan to use these dividend growth stocks to build my passive dividend income in coming weeks and months.

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 180 days of my race. Without further ado:

1) Bank of Nova Scotia (BNS): 20 positions at $45.00 on 11/12
2) Kinder Morgan, Inc. (KMI): 20 positions at $25.00 on 11/16
3) ONEOK, Inc. (OKE): 30 positions at $29.00 on 11/12
4) Starwood Property Trust, Inc. (STWD): 50 positions at 20.00 on 11/12
5) Royal Dutch Shell, plc (RDS B): 40 positions at 49.00 on 11/11

I added a new company couple of weeks back: POT and with each share of General Electric (GE) offering 1.0505 shares of Synchrony Financial (SYF) on Nov 16thI’ll have total of 53 wonderful companies in my portfolio. Also, I’m planning to add few additional quality companies in my kitty. I updated my Portfolio and it shows latest positions at the end of October.

Full Disclosure: Long on both mentioned stocks.

Are you considering to buy any of these companies.

Thanks for reading.

6 thoughts on “Recent Stock Purchase II – November 2015

    • Hi Fab,

      Appreciate liking the buys. Reg GE situation, if you tender your GE positions, you will be getting SYF in lieu of GE and no longer holding GE stocks at that point. Most of the folks are evaluating whether keeping GE is a better bet OR getting SYF. Its difficult to say which will turn out to be a better investment over 5-10 yrs or longer duration. Personally, I like to keep GE positions, as not much is known about SYF and it will take some time before there is some visibility about the new entity. Thanks for stopping by!

  1. Man your consistency with purchases is awesome. Every single week you just continue to add some great DG companies to your portfolio. Over the long term that’s going to really boost up your dividends. Even more impressive is that it’s rather significant capital too and not just $1-1.5k across 5 different purchases. Stay focused and you’ll be in great shape in a few years.

    • Hi PIP,

      Appreciate the kind words. Definitively, consistency is the key for investing success. My goal is to invest the capital at the rate where I’m adding on average $1 per day to my passive income. Also, I’m deploying the capital that I built over time and now, it is getting closer to being used up and future purchases will be slower. Although, I was excited to cross $100K sometime back in total portfolio value, my focus is to grow passive income to $3K in 3K days. Thanks for stopping by and commenting.

    • Hi IH,

      Appreciate the likes and happy to be fellow shareholders. I also hold big positions in O&E companies likes OKE, KMI, RDS.B among others, but, I’m down big on them as well 🙂 We are taking some big risks as compared to other companies, however, they could yield even bigger reward, we’ll see. We will be fine if the dividends are not cut and wait out the down draft. However, if the dividends are chopped, it could get really dicey. Thanks for stopping by and commenting.

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