deepblue4you
With February already underway and the markets on a nice uptrend, I decided to add to some of my lagging existing positions.
I couldn’t resist these juicy yields, as a result of stock price declines, and decided to deploy a larger amount of cash this month when compared to my last quarter buys.
My preferred method has always been to dollar-cost average into stocks. I nibble here and there every month, no matter the market conditions.
Sometimes my dollars buy me quite a few shares, other times the same amount buys me less.
Either way, I am building up my positions and slowly increasing my passive income stream. With that being said, here are my buys for January:
| Date | Symbol | Description | Quantity | Amount |
|---|---|---|---|---|
| 01/10/2024 | VZ | Verizon Communications | 5.1262 | -$200.00 |
| 01/10/2024 | MO | Altria Group, Inc. | 4.8655 | -$200.00 |
| 01/10/2024 | UGI | UGI Corp. | 4 | -$97.84 |
| 01/11/2024 | UGI | UGI Corp. | 4 | -$95.55 |
| 01/11/2024 | VZ | Verizon Communications | 5.2049 | -$200.00 |
| 01/22/2024 | LEG | Leggett & Platt, Inc. | 4 | -$91.80 |
| 01/22/2024 | PFE | Pfizer Inc. | 7.0705 | -$200.00 |
| 01/22/2024 | MO | Altria Group, Inc. | 4.9664 | -$200.00 |
| Total: | $1,285.19 |
As you can see, I stuck to my January 2024 stock considerations list again with an additional small buy in Leggett & Platt, Incorporated and Pfizer Inc.
In all, almost $1,300 of fresh capital has been deployed in January as I set out to beat my 2023 annual dividend income. What have you been buying in January? Please let me know below.
Disclosure: Long VZ, MO, UGI, LEG, PFE
Editor’s Note: The summary bullets for this article were chosen by Seeking Alpha editors.
