01-29-2022, 10:15 AM
Me and LMT
I had owned it before and made a lot of money on it. Sold when its dividend yield went down low and used the proceeds to increase our portfolio income.
Put it on a watch list and started buying again when the yield went over 3% - that purchase was in January of 2021. Added a bit to it, and then last month I added quite a bit. Funds invested equals a full weight position. The 15% gain in the position brought it overweight.
I am happy to have it back in the portfolios. SSD says it is still probably undervalued, but my plan is just to watch it grow and collect dividends for some time.
Cost basis $341.87
I had owned it before and made a lot of money on it. Sold when its dividend yield went down low and used the proceeds to increase our portfolio income.
Put it on a watch list and started buying again when the yield went over 3% - that purchase was in January of 2021. Added a bit to it, and then last month I added quite a bit. Funds invested equals a full weight position. The 15% gain in the position brought it overweight.
I am happy to have it back in the portfolios. SSD says it is still probably undervalued, but my plan is just to watch it grow and collect dividends for some time.
Cost basis $341.87