Recent Stock Purchase – May 2016

I added positions in 1 existing company in last week of May. After heavy selling over last few months, this is my first purchase in a while: a welcome change. Stock market is still at peak levels and that makes it difficult to find good values in such an environment. But, as they say, show must go on, rain or shine.

Below is the company where I put my capital on towards my race for earning $3000 per month in 3000 days. Last month, I completed 720 days of my freedom race and it was fantastic to have crossed $2000 in passive income. Without further ado:

1) Ventas Inc. (VTR): 5 positions at $66.56 on 5/30

Due to sale of many companies over last several weeks, total count of companies is down in my portfolio. Also, passive income will be down but start stabilizing in next few months.

Full Disclosure: Long on above mentioned stocks.

6 thoughts on “Recent Stock Purchase – May 2016

  1. It’s hard to avoid selling in times like these. Values are so inflated that it’s hard not to lock in the gains however there are still some great buys out there. You just have to look pretty hard in the deflated sectors such as retail.

    • Hi DR,

      I’ve sold a lot of companies over several several weeks and months due to valuation concerns, as you described. It was a change for me to start buying, although a small amount. Retail segment is looking absolutely fantastic to buy like TGT and others. Thanks for stopping by and commenting.

    • Hi BHL,

      Thank you. I think it will be a while before I reach $2K again due to all the sells made. $3K is little far away as of now, and its a slow and steady race towards that goal. All great things take their own time to be made and passive income can’t be any different 🙂 Thanks for stopping by and commenting.

    • Hi Lanny,

      Absolutely! my concern was that I do not want to sell too many companies: there needs to be some skin in the game, so, stabilization becomes key. At the last moment, I nibbled a little, just to stop my big-bang selling momentum over last few months. I remain concerned about the current valuations and where the market may take us in short term. Thanks for stopping by as always and commenting.

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