Tuesday, July 28, 2015

Recent buy: UNP, UTX, MMM ...

CVXCHEVRON TEXACO CORP$100.00
KMIKINDER MORGAN INC DEL COM$150.00
KOCOCA COLA CO$100.00
MMM3M CO$250.00
UNPUNION PACIFIC CORP$100.00
UTXUNITED TECHNOLOGIES CORP$100.00
XOMEXXON MOBIL CORP$100.00

This week was a spray across various companies I wanted to add onto. I like the undervalue of some industrials and energy stocks. I prefer to buy quality names when things are looking down. MMM and UTX have long dividend histories and are of higher quality. Same with CVX and XOM. Buying the dips, tune out the noise, & reinvest dividends.

10 comments:

  1. Replies
    1. Hi Evan. I use Sharebuilder which automatically purchases the proper fractional amount of shares every Tuesday for the amount I specified by Monday afternoon.

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    2. So they don't charge a commission fee for these? Or are you using dividends to reinvest in the stocks above?

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    3. Sharebuilder (called Capital One Investing now...) has a Sharebuilder Plan that I use every Tuesday morning to buy shares. It charges 1$ per buy. I get 12 trade credits a month for 12$.

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    4. Good to know. I'll have to look into that. I have Scottrade now but was looking to transfer over to something else. Was thinking Fidelity. Love the blog by the way

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    5. I am preparing for my move to Interactive Brokers later next year. Their trade commissions are what I can tell extremely low and I prefer buying/selling when I want. I have some money on Fidelity because I use their research reports.

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    6. I checked them out. Interactive Brokers is a nice setup with good reviews. I don't think I have the knowledge or portfolio size to benefit from them just yet. I only make maybe 6 trades a month as well. I think Capitol One or Fidelity would be better. I do, however, plan to open a Loyal3 account to invest fee free in companies like KO and DIS.

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    7. Loyal3 is great for its free commission but it's rather limited and the buys/sells aren't exactly when you order them. I also prefer big brokerage names like IB and Fidelity since I think there's a lesser chance of a big name going bust. I recommend Fidelity. Although the trade prices aren't great they have local stores, lots of stuff you can read on their site as a member, and are a established brokerage house.

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    8. I just checked on Capitol One's website and they don't have the $1 per bu plan anymore for the Sharebuilder Plan. They now charge $3.95 per transaction. Looks like you were grandfathered in. That's a good deal you've got though.

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  2. Nice buys spread around. EMR and CAT are two great industrial plays that have been beaten down in recent weeks. Keep up the solid buys.

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