Recent Stock Purchase – March 2017

I added positions in 3 existing companies in March. I plan to keep adding these dividend growth stocks to grow my passive income to a point where all my expenses are covered by the income generated by them. However, I also made some sell this month as these companies did not suite my long term objectives.

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 66days of my freedom race and it was fantastic to have come close to $2000 in passive income, although not quite hitting it. Without further ado:

1) Chatham Lodging Trust (CLDT): 50 positions at $19.67 on 3/06
2) HCP, Inc. (HCP): 30 positions at $31.90 on 3/06
3) Verizon Communications (VZ): 25 positions at $50.05 on 3/06

As mentioned earlier, I completely sold 1 company: NOV and trimmed positions in MO. Due to addition of new companies over last several months and sale of some, total number of companies has gone down to 92 in my portfolio.

Full Disclosure: Long on above mentioned stocks.

10 thoughts on “Recent Stock Purchase – March 2017

    • Hi Lanny,

      I did purchase some companies, however, I’m getting concerned with the valuations and planning to sell some. Thanks for stopping by as always.

    • Hi Doug,

      Appreciate the like! I’m trying to add some passive income. We will see how it goes with the market so high. Thanks for stopping by and commenting.

    • Hi BHL,

      I’m long way off towards my goal of $3K, however, will keep trying to reach there. Thanks for stopping by and commenting.

  1. Keep fueling that dividend fire. I still have not made any purchases in March, yet but I like seeing that HCP pick up. I’m also looking at the health REITs this month. Maybe a new position in LTC or add to my CCP. It’s a sector I like long term but in the near to mid term will offer us better prices and hopefully rising dividends long term. Thanks for sharing.

    • Hi DH,

      I like hreits and HCP at the current valuations. However, I’m planning to sell several companies in coming weeks as I do not feel comfortable at all time high market valuation and did not had correction of even 1% for over 100 days! wow. Though, we are in it for long haul, but, it is getting there. Thanks for stopping by and commenting.

        • Hi DH,

          I built the portfolio at a fast clip albeit I was late to the party. Selling will also be fast and furious going forward šŸ™‚ I feel more comfortable holding some cash now though. Thanks for stopping by as always.

Leave a Reply

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