Well, the market is finally turning south. This correction has been long overdue and much needed for the overall health of the market. Whether this will turn into a short-term correction or beginning of a bear market remains to be seen. I continue to purchase looking for good opportunities trying to tune out the noise as a majority of these occurrences are out of control. Whenever I make a purchase, I like to share my buys to document and illustrate how I am building my income stream over the course of months/years. My main goal is simply to keep investing at regular intervals and build my passive income over the course of time. In staying true to tradition, here's another purchase in my portfolio, this time adding a new company to my portfolio - my 32nd company.
I initiated a position in Starbucks Corp (NASDAQ:SBUX) with 25 shares @ $53.23. The stock currently yields 1.2% adding $16 to my forward annual dividends.
Disclosure: I am/we are long SB.