What a fantastic month we’ve had so far! These up market moves are a double edge sword for me. The market going up is wonderful, but it also means there aren’t as many great values on dividend stocks to buy. I’ve hesitated to make this post as I’ve made so few dividend growth stock buys this month. But, I need to post the few buys that I have made. So, here you go.
While we are talking about monthly buying frequency… I do have a minimum amount of trades that I’ll make a month. Because of the way Interactive Brokers structures their “you’re not our target customer fees” (less than 100k in your account), I get a “we haven’t made enough commissions off you fee” if I don’t make at least 10 trades (or a total of $10 in commissions – I pay $1 a trade). So, I’ve told myself that I will make at least 2 buys a month. That’s the equivalent to $10 – $14 in total trading fees if I were to make 2 trades with most other online brokers. I’ll still get an $8 fee from IB, but it keeps my head in the game even when there aren’t glaring deals to be had.
2 Comments
Great buys Blake! I’m thinking of adding to my UNP position at these levels. Have a great April.
Ken
Hi Ken,
Thanks! I wish I would have added more while UNP was in the high 60s… Hindsight right?
Thanks for stopping by!