March was Wall Street Armageddon. Volatility was completely out of control. Down 30% one day, up 30% the next. Then down 30% the next 2 days, etc..
The only solid stocks out there were the basic staples that everyone needed during the Covid 19 scare. Ones like Clorox, Johnson & Johnson, Costco, and the like.
I did make a few buys and sells early on. I was way heavy with ownership of Apple (APPL), which is not a bad thing, but the dividend was just so small. I took some profits from the sale of 19 shares and bought a few companies that had a higher dividend. Then the hammer dropped on Wall Street..
I took the gains and got some shares of AT&T (T) to keep up with my plan of buying shares of companies I spent money on. As well as Costco.
I also bought some shares of Ameriprise Financial (AMP), Huntington Bancshares (HBAN) that was paying over 5% at the time, and Interpublic Group (IPG), a marketing firm that also paid over 5%. So far these companies have not cut the dividends. Phew..
The switcheroo added $173 to my annual dividends. Hopefully. I actually fell confident they will hold.
Here is the breakdown.
Since I only spent $345 of new money, I do (did) have quite a stash to invest here in April. I picked up a bunch of AT&T and Morgan Stanley. More about that next month.
The only solid stocks out there were the basic staples that everyone needed during the Covid 19 scare. Ones like Clorox, Johnson & Johnson, Costco, and the like.
I did make a few buys and sells early on. I was way heavy with ownership of Apple (APPL), which is not a bad thing, but the dividend was just so small. I took some profits from the sale of 19 shares and bought a few companies that had a higher dividend. Then the hammer dropped on Wall Street..
I took the gains and got some shares of AT&T (T) to keep up with my plan of buying shares of companies I spent money on. As well as Costco.
I also bought some shares of Ameriprise Financial (AMP), Huntington Bancshares (HBAN) that was paying over 5% at the time, and Interpublic Group (IPG), a marketing firm that also paid over 5%. So far these companies have not cut the dividends. Phew..
The switcheroo added $173 to my annual dividends. Hopefully. I actually fell confident they will hold.
Here is the breakdown.
|
Ticker |
Date |
QTY |
Price
|
Total
|
DIV INC / Yr |
YIELD
|
|
BMO
|
3/2
|
1
|
$68.7950
|
$68.80
|
$4.24
|
4.66%
|
|
AAPL
|
3/6
|
16
|
$285.6617
|
-$4570.00
|
-$49.28
|
1.08%
|
|
AAPL
|
3/6
|
3
|
$286.1557
|
-$858.45
|
-$11.40
|
1.33%
|
|
IPG
|
3/6
|
46
|
$19.8470
|
$912.96
|
$46.92
|
5.14%
|
|
AMP
|
3/6
|
2
|
$128.8931
|
$257.79
|
$7.76
|
3.01%
|
|
COST
|
3/6
|
5
|
$304.4146
|
$1522.07
|
$13.00
|
0.85%
|
|
HBAN
|
3/6
|
222
|
$11.2566
|
$2498.97
|
$133.20
|
5.33%
|
|
T
|
3/6
|
14
|
$36.6560
|
$513.18
|
$29.12
|
5.67%
|
|
|
|
|
|
|
|
|
|
TOTALS |
|
|
|
$345.32
|
$173.56
|
50.26%
|
Since I only spent $345 of new money, I do (did) have quite a stash to invest here in April. I picked up a bunch of AT&T and Morgan Stanley. More about that next month.
Until then, hunker down and stay safe.
Can't wait to see what stocks you pick up in April. :)
ReplyDeleteBeen collecting cash for some kind of impactful purchase. I am leaning towards HBAN again and some AT&T
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