With this run-up in the stock market this month, I’ve had a heck of a time finding values in dividend growth stocks. I’ve had a bunch of, “huh, why didn’t I just buy that yesterday” moments. Anyway, I finally had to pony up and make some purchases. This cash isn’t going to invest itself! So, I dipped my toes into these HIGH waters and picked the best values I could find.
My Dividend Growth Stock Purchased – July 2016
July 2016 Dividend Growth Stock Purchases
I will keep this page updated with any additional dividend growth stock purchases made this month.
My dividend portfolio has been updated with these buys.
What have you been picking up this month?
10 Comments
Those are some nice purchases that you made. Not too long ago I added some WFC as well. I’m just curious as to what broker you are using that lets you do trades for $1 ?
Hi MD,
I use IB for my taxable account. Here is a link to my Interactive Brokers Review.
Thank you for stopping by and commenting!
Pig,
Nice work – it’s funny, I haven’t made a purchase in 5 weeks! I know it’s difficult and try to avoid the “Crap I should have bought a few days ago” – as you can’t do anything about those events! It happens a ton, but you’ll be great – just think of what you see out there today, with the resources you have and execute on your strategy. Nice job!
-Lanny
Hi Lanny,
I’ve obviously run into the same problem as you… this last month its been much too easy to sit on my hands. I’ve not had to do to much “reaching” this last year. While I love to see account balance up, I dislike having to put money to work at lower yields.
Thanks for stopping in!
Congrats on the buys! I especially like WFC. It’s at the top of my list for put sales – just waiting for a good opportunity.
Ken
Thanks Ken! Let me know when you pull the trigger on selling the WFC put, I’m very interested in hearing about your timing.
Thanks for stopping by!
I love Wells Fargo. I haven’t bought any of their stock yet but one thing that I learned about Wells Fargo from talking to an MD there (yes, conflict of interest so I’m taking it with a grain of salt) is that they are really good at risk management and customer relations. They won’t ever leverage themselves enough to the point where they need to be bailed out, which is different from Citi’s strategy. Hoping for the best!
Hi FS,
We are all in a world of hurt if another banking bailout is required, not just bank shareholders. I think recent regulations have done a decent job dictating reasonable capital requirements. Hopefully that will keep the banks from heading towards disaster again.
Thank you for the comment!
How do you like Interactive Brokers? I’m thinking of moving all of my money there, because I sell options and I’m tired of Paying Schwab $9.71 a transaction.
Hi IH,
I like them a lot! They have saved me a BOAT load on trading fees. Here is a link to my interactive brokers review that has a bunch more info.
Thanks for stopping by!