Recent Stock Purchase III – February 2016

I could not believe that I added 4 new companies: Walt Disney Co. (DIS), Starbucks Corp. (SBUX), American Express Co. (AXP), Freeport-McMoRan Inc. (FCX) and additional positions in 3 existing companies in third week of February. I’ve been considering first three companies since a long time but they seemed over-valued all along, great companies rarely go on sale. Owning small positions provide a chance to observe them and dollar cost average them over a period of time. FCX is more a play on the commodity segment that I’ve not owned much in my portfolio.

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 270 days of my freedom race and finally breached barrier of $500 in passive income. It was a big big milestone for me and I’m sure for all DGI investors. Without further ado:

1) Archer Daniels Midland Co. (ADM): 10 positions at $33.06 on 2/16
2) American Express Co. (AXP): 5 positions at 54.54 on 2/16
3) Caterpillar Inc. (CAT): 5 positions at $64.53 on 2/19
4) Walt Disney Co. (DIS): 5 positions at $94.75 on 2/19
5) Freeport-McMoRan Inc. (FCX): 100 positions at $5.98 on 2/16
6) Omega Healthcare Investors, Inc. (OHI): 10 positions at $30.22 on 2/19
7) Starbucks Corp. (SBUX): 5 positions at $56.70 on 2/17

With the addition of 4 new companies over last 2 weeks: AbbVie Inc., McDonald’s Corp (MCD), IBM Corp. (IBM), National Health Investors, Inc. (NHI) and 4 companies this week: total number went up to 73 wonderful companies in my portfolio. I’ve couple of new companies to add in my portfolio, watch out for my next post 🙂

Full Disclosure: Long on above mentioned stocks.

Thanks for reading.

What do you think of my purchases. Own any or planning to buy?

4 thoughts on “Recent Stock Purchase III – February 2016

  1. Hey R2R,

    Looks like you’ve really been packing on the stocks. 73 companies sounds like a very, very diversified portfolio. Must take a while to keep up to date! I’m a fan of DIS and SBUX, and MCDs but don’t own any of these. If only the USD was weaker.

    • Hi DB,

      Yeah. USD is quite overvalued now and with Fed likely to raise rates this year, I see it to remain that way over short-term at-least. DIS and SBUX remain fully priced for growth and never seem to go in value territory, I’d to pull the trigger to watch them over time and if opportunity arises in future, add more to the kitty.

      My portfolio is getting fairly diversified: there are 10 major segments in the market and owning 5-10 companies in each, is a good aim. I’m getting closer there. Good luck on your journey. Thanks for stopping by and appreciate the comments.

    • Hi Tawcan,

      Absolutely, I’ve added some great companies over last several weeks for the first time. The speed of turnaround in market in last 2 weeks was breath-taking: this tells me that virtually no-one can time the market and it is always a good idea to slowly deploy the capital as it becomes available.

      I like to add capital so that my passive income can grow $1 per day and if I keep doing this, over 3000 days, I’ll achieve my target. This is easier said than done, hey, we need to set challenging goals 🙂 Congrats on your Jan income, great job over there. Thanks for stopping by and commenting.

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