What Did You Buy Today?

[DividendDragon]

(10-27-2018, 08:41 PM)dizzy9479 Wrote: Young DGI here -- do we think that T's yield is safe?  It's already 10% of my portfolio (130 shares) -- is it worth picking up some more?  Or should I diversify into VZ?  I also have IBM -- rough week, hahaha

I like not to diversify and keep my portfolio to below 15 positions. 

This helps me know the companies I own inside out.

I used to have over 30 positions though and it all got too much to track and be comfortable with.

Moving on to T, I would take heart from directors buying but I would also worry about the company's massive capex commitments.

Ok, FCF looks good vs dividend payout but remember that depreciation is a real expense - especially for a telecoms company such as T.

Looks tight to me. But then again I don't know the company, just took a quick look

I was never really a fan of the DirectTV purchase either.

Lewys