Recent Buy: A Whole Lot of Companies

ID-100426334 Recent Buy: A Whole Lot of CompaniesI opened a new position with the purchase of  EQM Midstream Partners, LP (EQM)

30 shares @ $45.18 on 3/29/2019.

This increases my forward 12-month dividend income by $137.40

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I opened a new position with the purchase of  Tanger Factory Outlet Centers, Inc. (SKT)

74 shares @ $19.90 on 4/16/2019.

This increases my forward 12-month dividend income by $105.08

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I opened a new position with the purchase of  Walgreens Boots Alliance, Inc. (WBA)

21 shares @ $53.72 on 5/6/2019.

This increases my forward 12-month dividend income by $36.96

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I opened a new position with the purchase of  Eastman Chemical Company (EMN)

27 shares @ $72.23 on 5/15/2019.

This increases my forward 12-month dividend income by $66.96

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I opened a new position with the purchase of  3M Company (MMM)

12 shares @ $159.78 on 5/31/2019.

This increases my forward 12-month dividend income by $69.12

Altogether, it has increased my forward dividend income by $415.52 to a total of $8,603.96. I also updated my portfolio page to reflect the change.

My Thoughts

I have been a little behind with theses post updates of my most recent buys. I do however post it immediately once I make the buys on both my Twitter and Facebook accounts.

As you can see I have been busy the last couple of months, and I will continue to add more companies every month going forward. Some of the new positions that I added have a drop in value since I bought them. The biggest one is SKT. I an under 17% so far. But the good news is, I will be buying more shares of SKT this Friday once I get paid. This will make SKT a full position in my portfolio.

Another one that I would like to add one more lot too is EMN. I find this company highly undervalued and has great growth potential.

My yearly forward dividend income now stands at $8,603.96. I started the year with a forward dividend of $7,250.00. My original goal for the year was to hit $10k in forward yearly dividend, so far halfway through the year, it has grown by $1,353.96. If I can add the same amount for the next 6 months I will end up with $9957.92. This tells me that my original goal looks like I will pass it. I am very happy about this.

Next year I will focus the first part of the year to pay off my apartment. By January of next year, I will owe $60k. So next year I see little investing beside investing the dividends that I receive.

Once I pay off my apartment, I will be financially independent aka FIRE.

So the first six months of the year has been great. Heres to finishing up the next six month strong!!

 

What do you think about the company? Plan on owning it or already do? or why not? or what do you think of my plan to focus on paying my apartment next year?

Thanks for reading, and don’t forget to connect with me through Facebook and Twitter to see my latest buys.

Image by Sira Anamwong at FreeDigitalPhotos.net

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Comments

  1. That’s a lot of new positions and your starting them out pretty strong. I don’t know over what period you added them but that’s nice to be able to add an extra $415 to your padi. Keep up the good work and thanks for sharing.

    • Thanks Jason for the encouragement!! I been adding to my portfolio since the beginning of this year. I just haven’t been posting my most recent buys. I will do better on that!

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