It has been a while since I posted, I have been busy with work and other life activities. It has been a not to bad summer and so I like to get out and about while I can. The fact that I work on a computer all day makes it difficult to get continue when I get home. I will do my best to recap the last few months.
Well, I ended up making a sale over the last few months. I sold LO shortly after the merger/buyout from Reynolds was announced. I wasn’t that interested in holding onto to Reynolds and fortunately an opportunistic event occurred. The event that finally pushed my decision to sell over the edge was WAG taking a 15% dive after they decided against moving their tax location. I didn’t realize other “investors” had put that much value in the possibility of that taking place. I took the opportunity to buy some more with some of the cash from selling LO (the remainder plus some additional funds were used to buy more ATT and VOD).
At the end of the day I walked away from LO with about 40% profit + dividends. I can’t complain and I got to add the funds to several positions I have wanted to increase. On the bonus side, this was in my Roth account so I don’t have any costs but the trading fee.
I have continued to make purchases even though some prices are higher than I would like them to be! In addition to WAG, T, and VOD. I have added some funds to AFL and GE. I want to continue building my current positions since I know these companies the best and there are a handful that I don’t think are overly expensive and maybe even slightly undervalued.
In my Loyal3 account, I have been making $50-100 worth of purchases every week. I have been splitting these funds mostly between MCD, KO, MAT and UL. Although, I am sure I have added a few dollars to some of the other positions.
I am planning on trying to keep things up to date and write a post or two every month that is not purchase/sell related. I probably won’t recap my Loyal3 purchases weekly, since buying .25 shares at a time isn’t that exciting and the rational behind adding a small amount of money to MCD or KO won’t change frequently.
The last time I posted I was expecting to earn $4021.37 over the next twelve months. As of September 1st, I am expecting to receive $4209.23. A modest increase and I do not think I will be hitting the 5k goal over the year, but I feel like I can easily hit 4.5k. There are some raises that I think will be a reasonable size coming down the pipe (MSFT, MCD and PM).
Finally, halfway through August I earned as much in dividends as I did in 2013. This is great! That is progress that is easy to see and tangible. I have yet to regret my decision to change my investing style.
Disclaimer: Long T, KO, MCD, WAG, VOD