The big bad Dividend Diplomats were at it again last week! The train heard the smoke pop in the air, the metal grind was being heard and a stock opportunity came that couldn’t be passed up. As us diplomats due in great fashion, we try to stock while the iron is hot, let alone when a steam engine is chugging through on the tracks. That is exactly what we did. On Wednesday, July 8th, the diplomats pulled the trigger on a great company.
Continue reading
Category Archives: Investment Activity
The Dividend Diplomats Recent Buy – JNJ
The Dividend Diplomats were at it again! We both had bought the same company on Tuesday June 16th and we couldn’t be any more happier/excited with the purchase. The best part about it, neither of us had any idea we purchased the stock. We just sent each other a message discussing the purchase and it just so happened we set up the same automatic on Sharebuilder. The stock was back down a handful of dollars per share and in this volatile stock market environment, the company was too good to pass up on the price point and with the “legendary” status it has. We bought had made the purchase – an additional allocation and one a whole new stock. We purchased Johnson and Johnson (JNJ). Let’s see why we bought them!
Recent Purchase – Consolidated Edison
I recently reloaded my Sharebuilder (now Capital One Investing…I know, it will take some time getting used to) with some extra capital and was ready to make a purchase. We recently built a small watch list that had me focused on buying two stocks I already own. But man, what a difference a week can make and after some time, a new stock entered the picture for me. This is a stock Lanny and I have been watching for a while and are huge fans of the stock. Not only is it a Dividend Aristocrat, but it is one of the five stocks we consider a foundation stock for any dividend portfolio. Unfortunately my title gave the purchase away, so let’s see why I initiated a position in Consolidated Edison this week.
Lanny’s Recent Purchase – HCP
May has been a very fun month, to say the least! I’ve been a more active investor, I feel, and have made a few purchases actually. The market has been interesting lately, finally a little correction (as it so seems) is taking place and amazing bargain stocks are shedding their heads on the horizon, and damn – do I wish I had more cash sitting around! I made a purchase this month, come and check it out.
Bert’s Recent Purchase – NSC
When I changed jobs recently, I received a nice pay increase and I could not wait to deploy the extra cash into the market. I figured that living off of my old salary and investing the extra capital would provide a much-needed jolt to my investing portfolio to help me reach my goal of investing $15,000 in fresh capital this year. To help automate this process, I began direct depositing $400 of my paycheck into my Capital One bank account, which means the funds are available to use in my portfolio instantly. While the $400 may seem small, a series of $400 purchases in a stock adds up quickly and you can establish a strong position in a stock before you know it. Why am I bringing all of this up? Because I was paid last week and had $400 to invest, which was perfect timing for one of the stocks I own and have been building a solid position in to continue to decrease. I think you all see where I am going with this….with my most recent purchase, I added to my growing position in Norfolk Southern Corporation (NSC).
Lanny’s Recent Purchase – DOW
It’s been a few weeks since my last purchase in April, as I’ve been much more selective with what I’m deploying out there. I have officially received capital on Monday the 18th and was excited to see what the opening day was going to bring me. One stock I had a look out for was increasing around $1 per share and I just wasn’t feeling the additional market value appreciation and thought I’d grab them again at some point soon. However, this company below was also on my list. I set in a price for a limit order and I kid you not – it dipped down to just a cent over it without triggering the purchase! BUT… the end of the day occurred and the stock dipped to the price (actually did hit a penny below it) and my limit order triggered and boom, we now have a new purchase… and it’s a familiar one.
Lanny’s Recent Purchase – Re-up in JNJ
Well, I became more consistent and maintained my eye sight on Johnson & Johnson (JNJ) last week. I decided to re-up on my position on Tuesday, as I had a free trade for that day and the stock price actually went in my favor. I had wanted to increase my position to approximately $1,500 and I was able to do that with this purchase. After this, I feel like I’d want this position even more rounded, at an even $3,000 amount. Let’s take a look at the quick purchase: Continue reading