After much consideration I decided to dip my toes in another tech stock, namely IBM. IBM seems to be part of most DGI portfolio’s and not without good reason. I’ve initiated a small position with 2 shares @ $143,89 and as usual with all my purchases it proceeded to dip the next day to lower $142. Oh well…
|Trackrecord||Almost Aristocrat status (in 4 years)|
|Valuation||$4,76 above 52-week low | $38,90 below 52-wk high|
With new developments in cloud, AI, autonomous driving and blockchain I am very confident that IBM has a very bright future ahead.
With a quarterly dividend of $1.50 this should bring me (2 x 1,50 x 1 (just missed the ex-dividend date 😦 ) -15% tax = $2.55 closer towards my goal for 2017. My forward annual income should ofcourse increase with four times that amount: $10,20 to a total of $154.01.
As I had some additional funds left, I like to keep my cash close to $0 on my brokerage account, I also added 1 share of OHI at $32,33. This buy provides me with an additional (1 x 0,64) – 15% is $0.54 towards my goal of 2017. This also marks the first time that I have expanded an existing position in my portfolio, dollar-cost-averaging in effect!
My total forward income increases with this additional OHI share to $156,82.
So what did you buy in September?