Tuesday, May 19, 2015

Recent buy: O & XOM

I had cash sitting in my Roth for a long time so today I purchased:

$1040 O
$1040 XOM

Average yield is 4.1% or $85 a year added in dividends.

I believe O will fall further due to the coming rate hikes, but I prefer to DCA my way in instead of timing my luck. I consider O high quality and core to my portfolio.

I picked XOM over CVX because CVX has yet to raise their dividend after 4 qtrs and XOM is closer to its low than CVX. I am also biased to XOM's safety and AAA rating.

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