Looks like our favorite Christmas pig is here with the best present, decent values on dividend stocks! Glad we don’t have to wait for too long after our favorite turkey pig brought some decent values after November’s hiccups! Here are the dividend stocks I’ve purchased so far this month. It’s already been pretty busy.
This up and down with China has caused a lot of volatility. In my opinion, there isn’t an easy solution to the pending trade war. Neither side is willing to backdown and for better or worse, President Trump has really hitched his wagon to “winning” this battle. You know, President Trump is a “tariff man” now. Sadly, this is going to hurt the most impoverished people in our nation the most. A 25% penalty duty is probably coming, and I guarantee, we will ALL feel the impact if it does hit.
With that said, as dividend growth investors, this does present opportunities. We will continue to see volatility increase and better values will come along. We will also see our favorite dividend companies who rely on goods manufactured in China to increase their prices. Generally, increasing costs tends to impact sales and profitability. Lower profitability will equal lower equity prices and higher yields. Rock and roll! Oh, and don’t forget, a rising tide lifts all boats. But the inverse is also true, a falling tide lowers all boats.
Now, if you think the paragraphs above makes sense, then you may want to consider the ultimate portfolio hedge… CASH!
Now, to be clear, I’m not suggesting you go to all cash. What I am suggesting, is keeping some power dry. As dividend investors, the only thing you are going bemoan when prices fall is not having more cash to put to work at favorable values.
So far this month, I’ve put almost $8,200 to work at an average yield of almost 3.06%. The F, PFE and SO purchases were bought via DRIP.
New Buys - December 2018
My dividend portfolio has been updated with these buys.
Financial Data provided by Intrinio.
What have you been buying this month?
2 Comments
nice pig. Thats a bunch of cash put into the market this month. nice work and increase to forward income.
killing it Blake
cheers
Thanks PCI! I might have gone a little overboard, but there are certainly a lot worse things I could have purchased 😉