02-28-2020, 01:56 PM
(02-28-2020, 12:33 PM)pdaignau Wrote: Added DIS, MSFT, F, JPM, AVGO.
Swapped OXY for BP (Sold OXY and Purchased BP)
MSFT and F are new(er) positions starting earlier in the week. I'm done with F for now.
DIS, JPM, and AVGO are stocks I already own and am adding a few extra shares to each.
Not that you have to answer to me, but I highly approve of those rough market decisions. DIS, JPM and MSFT you can hold forever. I'm not familiar with AVGO. F may be in for a rough ride but they will pay that div as long as they possibly can. They always have and they dodged BK during the GFC when the other US manufacturers didn't. (I own a small position in F) BP has a good balance sheet and OXY is highly leveraged to shale. The higher OXY div means nothing if oil drops any farther. OXY is more than in deep trouble even if oil doesn't drop. Who knows where the bottom is for BP but it will be well north of zero, and you can wait out the recovery with dividends. Only the real majors offer that luxury. It's an important difference.