Wednesday, December 26, 2012

Sharebuilder DRIP Purchases

Market was down 24 points to close at 13,115.  Today's buys:
  • $250 of TEVA at $37.62. Yield 2.09%. 
  • $250 of PM at $83.29. Yield 4.08%.  
  • $200 of MO at $31.46. Yield 5.59%.
  • $200 of INTC at $20.77. Yield 4.33%
 Total purchases of $900 adding $35.38 to my annual dividend income.

5 comments:

  1. I like all of these buys even though I don't own TEVA yet. They do have some impressive growth numbers though.

    I like your strategy and it has convinced me to open a sharebuilder account to save on commissions and spread the risk between a few different brokerage accounts. I should start contributing to it in February.

    One question, is there a certain day of the week that you have to buy on and do you have to buy at the stock's closing price?

    Take care.

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  2. Nice call on picking up PM at these prices.

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  3. All About Interest,

    Thanks for stopping by!

    The investments go through on Tuesdays. You can select to make purchases once a month, every 2 weeks, or every week (which I do).

    From my experience, the buys typically go through in the morning of the trading day as market orders.

    I have been using this sharebuilder account for about 2 years and have been happy with the strategy.

    Cheers!
    AA

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  4. Anonymous,

    Yes, PM is one of my largest positions and I believe it is decent value at these prices.

    Thanks for checking in!

    AA

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  5. I'm not really a huge fan of INTC. I perfer Qualcomm, but INTC does have a much more attractive yield.

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