There is no time like the present to add money into the market. After starting my after tax portfolio with a lump sum, I have been making additional purchases on a weekly basis. Approximately $250 of fresh capital is deployed each week into my current positions, I keep a list of which positions currently offer an attractive price and as long as I’m not overweight (up to 5%) on that positions I will add to it. Let’s move on to the reason you clicked on this article.
This weeks additions are:
2 shares of A.O Smith (AOS) @ $63.49
1 share of JP Morgan Chase (JPM) @ $121.41
1 share of Google (GOOG) @ $122.05 Not a dividend stock but growing my position
AO Smith is a US manufacturer of residential and commercial water heaters and boilers. Currently it offers a 1.75% yield with double digit 5 and 10 year Dividend CAGR of 15.71% and 20.75%
JP Morgan Chase is a multinational investment bank offering financial services. It currently offers a 3.27% yield and has a 5 and 10 year Dividend CAGR of 15.33% and 13.78%
With today’s purchases I have increased my dividend income by $6.24 per year. You can view my portfolio holdings here. Planning to add to your portfolio? share your purchases in the comments.