Monday, August 24, 2015

Recent buy: ABT, CL, JNJ, KMB, PG

Today was a blood bath. Either way, I will be continuously buying shares every month. This week I will be adding $1150 to several well known dividend aristocrats. The buys will occur on Tuesday morning. ABT dropped 7.24% in one day! Many of the other names have also dropped as well and I will take the time to dollar cost average in.

ABTABBOTT LABORATORIES$300.00
CLCOLGATE PALMOLIVE CO$350.00
JNJJOHNSON & JOHNSON$200.00
KMBKIMBERLY CLARK CORP$200.00
PGPROCTER & GAMBLE CO$100.00

To give a picture how the selloff is going so far here's a picture of the S&P. We're around the lows in October, except this drop has been much more sudden. My strategy for situations like this is to tune out the noise and invest in quality names that I will hold onto forever.

1 comment:

  1. Great purchases! You are taking full advantage of the correction - loading up on high quality shares at good prices. Keep up the great work!

    R2R

    ReplyDelete