Wednesday, July 17, 2013

New Purchase - KO, BP



I'm reporting my automatic purchases for this week (07/16):

I bought:

$500 of BP
$500 of KO

I used $1000 in new capital and added $39.50/year to my dividend income.  This is an average yield of  3.95%.

My forward 12-month dividend income increased to $6375.90.

Note:

I plan to keep adding to BP at these prices until it has caught up in value to my other energy holdings like COP, CVX and RDS.B.  I still view Energy, Materials and Canadian banks as attractive.  I also decided to start adding to KO since it's such a small position.  I certainly don't think it's attractively valued but who knows when or if it will be again.  I think these prices will look great in 10 years.

Picture:

Just for some fun and to add some color I will be posting pictures of places I've been to.  It's also motivation to reach FI so I can travel and do what I want to when I want to.

This is downtown Füssen, Germany.

2 comments:

  1. It looks like Ljubljana, Slovenia!

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    Replies
    1. Hi Robin,

      I've never been to Slovenia but I was close when I was in Italy and Austria. There are a lot of beautiful places in Europe. I love the cultural diversity there.

      Thanks for stopping by!

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