I am happy to announce that I will be finally starting a new I.T. career in two weeks. The job title I was given was Development Operations Specialist. I will basically be testing new products that have been developed by the software programmers. I have to provide quality assurance by preventing mistakes and avoiding problems when delivering solutions to customers or clients. I will also be providing trainings and technical support when needed. Lastly I will also be improving the usability for our Microsoft SharePoint platform in order to keep important data organized and readily accessible. It seems like I have landed a great future with a rapidly growing business.
Even though I have been extremely busy with getting my career path straight, I did find time to put together 10 buys for the month. It took me a couple of weeks to figure out whether I wanted to go this route but I feel like buying baskets of stocks helps me stay diversified into many sectors. Buying into 10 companies provides more value to me because if one or two companies slump, then I have another eight to carry the rest of my portfolio. It was extremely difficult at first because it is tough to find that many companies in a market that is at an all time high. I could have easily picked a bunch of energy stocks but that sector seems too volatile to me. I want to protect my hard earned capital by investing into the healthcare, utilities, telecom, consumer defensive, consumer cyclical, and industrials sectors. I was able to do this all in one purchase with the help of Motif Investing for the flat rate fee of $9.95. The added bonus was I will be receiving a $150 bonus if I make 5 trades within the next 45 days. I am the first to jump at any free money that will be given to me just by investing into companies that will make me even more money. Now let’s take a look at the companies I started out with in my new portfolio:
My plan was to have an overall dividend yield of at least 3.5% and I ended up with 4%. The overall volatility of this portfolio is fairly low compared to the market as a whole. As you can see I have a beta of 0.77 and an overall P/E of 13.89. I don’t expect to receive a ton of gains here but I also don’t expect to lose much money either if the stock market heads downward. Slow and steady always wins the race! I did add two riskier plays (GSK and BBL) to my portfolio but I don’t feel like this was a bad thing. The dividends for both those stocks are over 5% and I am hoping that I can buy up some more shares in the near future. I realize that I didn’t get the best deals in the market in terms of value (DEO, BAX, and GIS) but I do believe these companies will do fine for the next 20-30 years. I did notice that a few others bought into BNS, BBL, and GIS. I also think that VZ and T are looking good with the recent dip so if these two continue to decline I will be the first to dollar cost average into those positions.
I would love to hear what the rest of the DGI community thinks about my recent investment. I am open to any suggestions or thoughts going forward.