Investing through Loyal3 has been a great way to average
down my cost basis on several great companies. I have been focusing a lot on
core positions such as MCD, UL, KRFT, and DIS. I plan on holding these
companies for over thirty years in order to fund my early retirement. The stock
market has cooled off a bit which has made my job a lot easier when looking at
which companies to invest in. Lately I have been ignoring all the noise and
continue to invest whatever money I can on a weekly basis. If the market
continues to decline, I am going to invest my weekly $200-$250 into whatever
companies I feel are fairly valued. If the market turns around and decides to
trend upwards my strategy will be the same. I don’t mind losing a few hundred
dollars over the short term. In fact I could handle my emotions if my portfolio
dropped 30-50% because I wouldn’t lose that much anyways. I am in the beginning
stages of my journey and if the stock market dropped that much, it would present
a ton of buying opportunities for me. The
other thing is I always keep an emergency fund in case I need money for car
repairs, job loss, or any other unexpected event. Last week I had to dip into
my emergency fund in order to purchase a new refrigerator. Our old one was not
cold enough and kicked the bucket months ago. I held out as long as I could and
ended up dishing out $512 for a new Whirlpool brand refrigerator. Thanks to
Best Buy we were able to get delivery and removal for free on that purchase.
Unfortunately my expenses will be off the chain this month but I am glad to
have received 1.5% cash back and a $30 rebate on that purchase. That did
weather the storm a little bit and it’s always good to get the absolute best
deal you can find on appliances.
This week I was able to invest into the following companies:
|
Company
|
Amount
|
Share
Price
|
P/E
|
Div
Yield
|
|
DISNEY(DIS)
|
$50
|
$83.83
|
20.10
|
1.03%
|
|
UNILEVER
(UL)
|
$50
|
$40.27
|
17.59
|
3.75%
|
|
KRFT(KRFT)
|
$50
|
$54.99
|
13.63
|
4.00%
|
|
APPLE
(APPL)
|
$50
|
$97.67
|
15.77
|
1.92%
|
|
TOTAL
|
$200
|
|
|
Average 2.68%
|
Solid buys! I would love to initiate a position in UL right now. Need to save some more money. :)
ReplyDeleteUL is starting to look even better at $39. I am goin to keep adding because I am still underweight in this position. I have also been trying to scrounge up some extra capital without touching my emergency fund.
DeleteContinuing to rock on with the steady purchases! I will have picked up $450 of UL in Loyal3 by the time this month is over.
ReplyDelete$450 in UL is a great start. I am sitting at around 15 shares of UL but I am hoping to double this by the end of the year. I am glad I waited to start unloading on buying up UL because I firsf paid $44/share. Looks much better at $39/share with a 3.86% dividend yield.
DeleteMy October purchases will actually bring my position up to about $900 with an average cost basis around $39.50. I'd love to double or triple my holding should prices continue to stay low.
DeleteSolid. You just created 13 payouts (DIS only pays once a year) that will pay you at least one payday a month. Keep up the great work!
ReplyDeleteThank you anonymous. I am hoping all these payouts will eventually help pay off all my expenses. DIS has a very low dividend but I am hopeful the growth will more than compensate for that. It does suck waiting a whole year for that dividend though.
DeleteDisney is one of those companies whose chart, over the long run, starts at the bottom left and will always end at the upper right. Amazing growth.
ReplyDeleteGreat buys!
Seraph,
DeleteI agree DIS is one of the lower yield stocks in my portfolio but has the potential to be my highest gainer. I am looking forward to seeing how well DIS does in the upcoming years. Hopefully they can increase the dividend along the way.
You know the phrase, "set it and forget it." As long as you continually make these great purchases into solid companies you'll be doing well down the road as you continue to build your increasing passive income stream. Loyal3 offers many solid dividend payers in their mix and with $0 commish it's easy to build up positions in those companies. Like the UL and KRFT above. I added UL last month and might still average down this month.
ReplyDeleteDivHut,
DeleteI am going to have to add more UL as well because the price looks great at 39/share. One of my favorite midcaps (DNKN) also had a rough quarter and dipped 6% so I may average down in a few companies. At least we have some deals going around!
Excellent buys! I'm really thinking of adding UL in my Loyal3 portfolio very soon. I've been buying AAPL and DIS as well, and look forward to their potential in the future. I hate DIS only paying once annually, but think the growth prospect outweighs that negative. Best wishes with the ongoing investments. I'll be following along!
ReplyDelete