Money and Finance
When given the opportunity to average down in a position that I own and want more of I'll normally take the chance when it's the best opportunity available. Averaging down gives you a chance to lower your cost basis in a company that you have already deemed investment worthy.
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- What's Been Causing My Frustration: Rental Propportunity
The name of my blog is Passive-Income-Pursuit and up until now it's been focused solely on investing in some of the best companies in the world in search of dividends and dividend growth. Well it's time to branch out a bit to cover another form...
- Recent Buy
Last week International Business Machines reported their quarterly earnings. While they ended up beating on EPS by $0.03, the top line growth in revenue fell short by about $1 billion. Mr. Market did not like this one bit and the share price dropped...
- Income Update - December 2012
December's income was lower than what I'd averaged through the first 11 months of 2012 but was still great at almost $6,500. It wasn't a great month for expenses but considering how much I went over budget on a few areas I'm happy that...
- Recent Sell
This afternoon I decided to go on and sell out of my position in Pfizer (PFE). I sold all shares at a price of $23.79 which netted a gain of $114.24 on the position. The shares had a YOC of 4.71% which was nice and they were due for a dividend increase...
- Recent Buy
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase...
Money and Finance
Averaging Down in a Position
When given the opportunity to average down in a position that I own and want more of I'll normally take the chance when it's the best opportunity available. Averaging down gives you a chance to lower your cost basis in a company that you have already deemed investment worthy.
Read more »
- What's Been Causing My Frustration: Rental Propportunity
The name of my blog is Passive-Income-Pursuit and up until now it's been focused solely on investing in some of the best companies in the world in search of dividends and dividend growth. Well it's time to branch out a bit to cover another form...
- Recent Buy
Last week International Business Machines reported their quarterly earnings. While they ended up beating on EPS by $0.03, the top line growth in revenue fell short by about $1 billion. Mr. Market did not like this one bit and the share price dropped...
- Income Update - December 2012
December's income was lower than what I'd averaged through the first 11 months of 2012 but was still great at almost $6,500. It wasn't a great month for expenses but considering how much I went over budget on a few areas I'm happy that...
- Recent Sell
This afternoon I decided to go on and sell out of my position in Pfizer (PFE). I sold all shares at a price of $23.79 which netted a gain of $114.24 on the position. The shares had a YOC of 4.71% which was nice and they were due for a dividend increase...
- Recent Buy
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase...