Recent Stock Purchase July 2019

Jul. 31, 2019 6:21 PM ETMO, PFE10 Comments
Divhut
3.36K Followers

Summary

  • Looks like July will close out on strong footing as the market on the whole is looking healthy and flirting with all-time highs often.
  • I have added to my taxable account 10 shares at $48.13 for a total investment of $481.30 in Altria Group, Inc.
  • I have added to my taxable account 12 shares at $38.94 for a total investment of $467.28 in Pfizer Inc.

Looks like July will close out on strong footing as the market, on the whole, is looking healthy and flirting with all-time highs often. Of course, as we all know, even though the market may look strong, there are always individual stocks that are lagging and may present us with good buying opportunities. Honestly, this month, I could not identify a clear cut choice for a buy(s), but I still managed to put some fresh capital to work as I have been doing every single month no matter what the financial, political, weather, etc. headlines might read. I still firmly believe that consistency with buying and simply dollar cost averaging into positions over weeks, months, and years are your best bet to create that ever-growing passive income via dividends. Sure, we'll all pick a seeming stalwart at times only to find out it's a big-time dud (thank you GE, KHC, and others), but with adequate diversification, those duds can me mitigated with overwhelming growth in other stocks we may hold. With that being said:

I have added to my taxable account 10 shares at $48.13 for a total investment of $481.30 in Altria Group, Inc. (MO). With this recent purchase, my taxable account holdings in MO now totals 164 shares with a market value of $7,954.00. I also hold 27 shares of MO in my ROTH account with a market value of $1,309.50.

I have added to my taxable account 12 shares at $38.94 for a total investment of $467.28 in Pfizer Inc. (PFE). With this recent purchase, my taxable account holdings in PFE now totals 61 shares with a market value of $2,366.19.

In all, I added $948.57 in fresh capital for the month of July. While I have been busy adding to my MO for several months in 2019, it has been

This article was written by

3.36K Followers
I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.

Recommended For You

Related Stocks

SymbolLast Price% Chg
MO--
Altria Group, Inc.
PFE--
Pfizer Inc.

Related Analysis