The Fall 2016 Market Decline And Subsequent Trump Election Rally - How I Took Advantage

Summary

• In hindsight, the market decline in the Fall provided an outstanding buying opportunity. I was lucky that I had money available to take advantage.
• 19 stock purchases are detailed which brings my portfolio count up to 75 positions.
• These new purchases have significantly increased my monthly cash flow income stream. For me, dividend stock investing continues to prove quite rewarding.

I mentioned in the comments of another article that I felt like a genius in buying Flowers Foods (FLO) back in October. In truth, its not that I was a genius, its just that I turned out to incredibly lucky to have a large amount of cash available right as the market provided a great buying opportunity. As a result of that comment exchange, I concluded that I needed to update my portfolio activity.

I wrote a previous article here detailing my Fall buying spree up until about the 2nd week of October. This article details the remaining 19 purchases I made throughout October and November. To keep the article at a reasonable length, I will only be detailing new positions that I entered, and not any previous positions that I topped off or added to.

As most people know, the Fall season seemed pretty brutal for portfolios as the market kept going down and down. Despite the gloom, I had just recently taken control of my 401k funds from a company I had left (after working there for 21 years). As a dividend growth believer, I wanted to put these funds right to work for me. So, I did the best research I could and found some dividend growth stocks that looked like they had been beaten up pretty good and I took the plunge.

Here are the results of my purchases and the reasoning behind each one. They are listed in the order that I purchased them.

Note: Before I start, there are many references to "Chowder" in the discussion below. If you don't know what that is, Chowder generally is a number derived from simply adding the current dividend yield + the average dividend growth rate. I prefer to use the last year's dividend growth rate instead of the average, so I call it the 1 year

Analyst’s Disclosure: I am/we are long ALL STOCKS LISTED. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.