Monday, December 7, 2015

Recent transaction: D, NEE

Bought:
D: $2313
NEE: $1021

Sold:
KMI: $1018

This week I am working on increasing my utility weighting. Utilities will stand at a small 4.6% weighting in my total portfolio after this trade closes so there is still more work to be done. The four utilities I like are SO, D, NEE, and XEL.

The tax loss harvesting is completed for this year. I do not plan to sell anymore shares for the 2015 year. I will be able to subtract $3000 from my income when I file my taxes in February, and be able to receive a check of around $1000 back from the government.

4 comments:

  1. Have you considered WEC? Getting aggressive on their dividends ...

    ReplyDelete
    Replies
    1. Yes WEC is high on my list, not in the top 3, but it's still a good company. The dividend raise was impressive for a utility.

      Delete
  2. Hi,
    Wondering why you chose to sell KMI?

    ReplyDelete
    Replies
    1. Their S&P credit rating (BBB-), Value Line financial strength (B++), and Value Line safety rating (3) are too low for and I found it more of a speculative position. Since the market is at an all time high and the federal reserve is itching to raise rates I decided to remove speculative positions in my portfolio.

      The majority of my holdings are A or higher S&P credit rating, A+ or higher Value Line financial strength, and 1 to 2 in Value Line safety.

      Delete