Weekly Purchases - 04/15/14

I'm reporting my automatic purchases for this week:


I Bought:

$200 of FDO (Family Dollar)
$400 of ESV (Ensco)


I used $600 in new capital and added $28.07/year to my dividend income.  This is an average yield of  4.7%.

Note:

I plan to start increasing my weekly purchases again soon as tax time is over.  This should happen over the next few weeks.

ESV's stock price took a hit late last week and recovered a little this week.  I still was able to average down on shares.  I plan to build up to a 300 share position in the short-term as long as I can keep averaging down.

I'd like to purchase companies in other sectors besides Energy, so it's been a struggle to find good values elsewhere.


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.

While working on Rental #3 last weekend, I had lunch at a hole-in-the-wall barbeque place.  They had a Monster Migas Plate challenge on the wall so I had to take a picture of this.  This food challenge looks ridiculous and I asked them if anyone had ever won... nobody has.  The pictures of people are just challengers.  I thought it was pretty interesting.  Texas has a lot of places that have food challenges that you get your meal for free when you finish.  They are typically dinner meals, like burgers and steak though.  Most have actual winners, this one must be really tough.  I can't imagine taking down 7 lbs of eggs, cheese and corn chips plus sides!