What Did You Buy Today?

[fenders53]

(03-12-2021, 12:38 PM)ken-do-nim Wrote:

(03-12-2021, 12:31 PM)fenders53 Wrote:

(03-12-2021, 12:25 PM)ken-do-nim Wrote:

(03-12-2021, 11:33 AM)fenders53 Wrote:

(03-12-2021, 11:03 AM)ken-do-nim Wrote: Today's buys:

• Added to Johnson & Johnson though it's still relatively small
  
• Took a "junior position" in BroadCom
  
• Ditto for Taiwan Semiconductor
  
• Starter positions in Apple, WEC, NextEra Energy, ABBV, Seagate
  
• Added to small holdings in dividend plays Orchid Capital, Annaly, Oxford Lane -> with my upcoming higher mortgage I may actually use the dividends to balance my budget rather than reinvest
  

More to come next week.

Nice start on your DGI port.  I'm not current on Seagate's modern game but their HDDs were top shelf 25yrs ago when I was building desktops  lol.  They pay a dividend these days?  I'm guessing they do.

Thanks!  Yeah Seagate is a hardware play; they build the storage for all that cloud computing.  3.47% dividend yield combined with over 3x growth in the last 5 years.  Of course like everything else the time to get in was last October but hopefully better late than never.  Just a starter position anyway will probably bring it up to a junior next week, maybe even a full.

If they are still hardware they are cyclical so you can add on the down cycles.  That's a good dividend.

Excellent point I can see looking at the chart that you are right plenty of ups and downs.  Oh, also 20 P/E ratio so yeah a solid company to stick with.

For anything cyclical you study the chart so you don't think you are missing the ride forever.  The PE will swing wildly with the cycle.  Buy some when it is low no matter how long the wait and works out if the company is solid.