I noticed that the market was selling off a bit lately and it’s no surprise that energy stocks are becoming more attractive. I will be looking to dollar cost average into all 10 companies in my Motif investing account. The problem is I have to wait to get paid! I am running low on capital at the moment and part of this is due to Christmas shopping. It’s no surprise that December will be my most expensive month of the year because I do like to buy nice things for my family. However I will be holding myself accountable so that I don’t entirely blow my budget and emergency fund. I opened up a Chase Credit card that requires you to spend $500 in order to earn that a $200 bonus. So I decided I would spend the $500 on gifts, but after the bonus I would only be spending $300. Not bad for a Christmas budget! I am sure I will be spending more, but at least I got the bulk of my shopping done with that credit card.
My Loyal 3 portfolio keeps rewarding me and I am glad I picked a healthy bunch of stocks. Here are the Gains/Losses for the L3 portfolio as of 11/30/14
You've built up quite a nice portfolio at Loyal3 Mongrel. Mine is about half the size of yours, and I'm happy to continue building it slowly while DRIPing into a few select positions. I won't be investing quite as much as before, but still plan on leveraging the no-fee nature of the company.
ReplyDeleteW2R,
DeleteIt looks like we are both on the same page when it comes to L3. I am just using it to drip into a few companies right now, but if I might also make small purchases when the opportunity presents itself. I did want to buy some more shares of DIS at some point so I will be using L3 in order to take advantage of the free trading. Good luck on and I look forward to seeing what your next purchase might be during this market sell off.
You seem to be on the right track towards Financial Independence! Slow and steady does win the race in dividend investing - keep saving money, putting them in dividend stocks and reinvest those dividends selectively. If you are patient, you will do really well over time.
ReplyDeleteGood luck in your dividend investing journey!
Hey DGI,
DeleteI am happy that 2014 turned out to be a solid year of investing. I hope I can continue to invest small amounts in order to retire at a relatively young age. The only issue I am having is that I am running low on cash reserves. It looks like we are getting a small market sell off and I am hoping to take advantage of a few positions that look attractive. I look forward to hearing from you and thanks for stopping by.
You're doing great and totally on the right track. Keep it up. :)
ReplyDeleteTawcan,
DeleteI want to finish the year off strong with one last buy for 2014. I do have a few stocks I would like to average down at this time. (GSK, T, VZ, and BBL) The energy sector is also looking very cheap now.
That's a nice portfolio. There are lot of stocks common with my portfolio and few others are in my watchlist too.
ReplyDeleteDGJ,
DeleteI am glad to see we share a lot of the same companies. I am hoping to add to these for many years to come. Some of these companies have dropped down significantly this week. (YUM and MCD) I might add a small position to those two as well as DIS with the next couple of weeks. My hope is that the market continues to provide some buying opportunities.
Nice portfolio! Good to see that we are co-owners in lots of the same companies.
ReplyDeleteKeep it up!
Seraph,
DeleteI would like to eventually add a FOXA to my L3 portfolio because I love the media stocks. I haven't been able to find a good entry point so I am going to keep waiting. I feel like I have constructed a great foundation in this portfolio that may hold up well during a market correction. I am glad we are co-owners of many of the same companies! : )
Like the L3 portfolio. But I guess that's because many of the names there are in my portfolio too. I really would like to add to my VFC again but I'll wait a bit for valuations to come down a bit. The share price really ran up in recent months. Thanks for sharing.
ReplyDeleteDivHut,
DeleteVFC is one of those great companies that might not provide a cheap price for a long time. They offer some great brands that many people I know wear. NorthFace, Nautica, and Timberland are very popular here in the northeast. I also own clothes in all those brands because of the comfort and style they provide. Even with the short dips in the market, I have noticed that VFC doesn't trail much. I wish I have added some more in the sixties price range. Thanks for stopping by!
Good portfolio. May want to add INTC and FOX to the mix.
ReplyDeleteJust looked at my L3 account. L Brands is my best performer. First time I bought it was under $51 in Feb. It closed today over $83 per share up for over a 62% return. Too bad is I only have 3.3275 shares.
DeleteAnonymous,
DeleteI wanted to add FOXA to compliment my other media stocks (DIS, TWX, and VIAB) I am just waiting for a great entry point. I am very careful with the tech industry and would only hold MSFT and AAPL at this time. I don't think INTC will hold up for the next 30 years and it's one of those companies that is affected as new technology becomes available. If they can keep being innovative I could be wrong but I rather not take the chance. Thanks for stopping by!
Anonymous,
DeleteI wish I took a better look at L Brands a few months ago. I didn't realize how strong the brands (Victoria's Secret and Bath & Body) were. It seems like your doing very well with the stock. Unfortunately it has gotten too expensive at $83/share, but if they miss earnings and get back in to the sixties I will definitely take a second look.