Wednesday, April 8, 2020

MARCH 2020 BUYS


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.

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.

2 comments:

  1. Can't wait to see what stocks you pick up in April. :)

    ReplyDelete
    Replies
    1. Been collecting cash for some kind of impactful purchase. I am leaning towards HBAN again and some AT&T

      Delete

Please leave a comment. Just be respectful of each other. We're all here for the same reasons.... Thanks!