Recent Stock Purchase IV – March 2016

I added positions in 5 companies in fourth week of March. Last week, I initiated a position in an ETF: S&P Metals and Mining (XME) as I do not own much of commodity or resources stocks and want to have some exposure to this beaten down sector. This sector looks quite promising and ready to take off in my opinion.

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 nice to have crossed $600 in passive income as well for the first time. Without further ado:

1) Royal Dutch Shell, plc (RDS B): 5 positions at $48.62 on 3/24
2) Main Street Capital Corp. (MAIN): 10 positions at $30.89 on 3/24
3) HCP, Inc. (HCP): 10 positions at $31.00 on 3/24
4) Verizon Com., Inc. (VZ): 10 positions at $53.30 on 3/24
5) Wells Fargo, Inc. (WFC): 5 positions at $48.07 on 3/24

Due to addition of new companies over last several weeks and a reduction in one company: Keurig Green Mountain Inc. (GMCR), total number stands at 77 companies in my portfolio. I think that 75-90 companies is a good number and provide a good diversification across all sectors of market.

I’m planning to add 10 new companies over next few weeks in my portfolio. I’ll put the names of the companies for all DGI bloggers to vote and the one getting most votes get the honor of being part of my dividend engine. If you like a company that you want included in coming contest, please mention in below comments, I’ll consider to include. Thanks for your suggestions and I value the opinion of DGI bloggers and investors.

Full Disclosure: Long on above mentioned stocks except GMCR.

Do you like or considering to buy above companies.

6 thoughts on “Recent Stock Purchase IV – March 2016

  1. R2R,

    I have positions on all those stocks, alot of bargain and value on your purchase. I do feel VZ is overprice at this point but will see it may have much upside that i think.

    Cheers happy dividend hunting


    • Hi DP,

      We are happy campers in these stocks. Could not agree more on VZ, it is at highest valuation but sometimes stocks could run much more than the valuations demand. P/E ratio of 12.40 is still less than AT&T’s 16.70. Thanks for stopping by and commenting.

    • Hi PIM,

      I like HCP as it is one of the dividend aristocrat and VZ is one of the telecom play. I pulled the trigger on NKE and AMGN this week, love the long term story of these companies. Thanks for stopping by and appreciate suggesting new names.

    • Hi IH,

      Glad you like the purchase. Many BDC companies like PNNT, PSEC, ARCC, BKCC, GLAD, and others have seen tumbling of their prices over last several months due to bankruptcies concern in O&G sector. In my opinion, it is overdone. MAIN luckily has escaped much of the pain. Congrats on purchasing 113 shares of MAIN over there. I started buying MAIN since last June. Now, its at highest point and thinking to take a break on it. Thanks for stopping by as always and commenting.

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