Well this is a first for me. I have never made as many purchases in one month as I have this month. I have made buys every week in June which is much more than my usual one or two purchases made in a typical month. I guess with the market at all time highs once again the familiar song of trying to find value plays becomes more difficult. Of course, it’s not impossible to find those gems as every dividend blogger out there is continuing to make regular buys as well… so they do exist.
Typical value, high yield plays that exist can be found in the energy sector as well as the financial sector which includes many banks, insurance companies and asset managers. REITs have been very popular too several weeks ago as rising bond yields and Fed interest rate hike hype took a toll on the sector. With that being said, I continue to find value and great yield with the large Canadian banks as well as have an opportunity to average down my cost and have added the following.
I have added to my ROTH account 20.4929 shares at $43.82 for a total investment of $898.00 in The Toronto-Dominion Bank (TD). With this recent purchase my ROTH account holdings in TD now totals 125.4142 shares for a value of $5,491.26 .
I have added to my ROTH account 9.3539 shares at $53.24 for a total investment of $498.00 in The Bank of Nova Scotia (BNS). With this recent purchase my ROTH account holdings in BNS now totals 124.4919 shares for a value of $6,624.21.
A recap of my previous buys for the month of June include:
I have added to my ROTH account 18.2026 shares at $43.84 for a total investment of $798.00 in The Toronto-Dominion Bank (TD).
I have added to my IRA account 12.5378 shares at $63.65 for a total investment of $798.00 in Ventas, Inc. (VTR).
I have added to my IRA account 21.4868 shares at $37.14 for a total investment of $798.00 in HCP, Inc. (HCP).
I have added to my IRA account 11.7803 shares at $67.74 for a total investment of $798.00 in Health Care REIT, Inc. (HCN).
And can’t forget my first baby DivHut buys for his custodial account:
I have added to baby DivHut’s custodial account account 8.0116 shares at $99.61 for a total investment of $798.00 in Johnson & Johnson (JNJ).
I also have added to baby DivHut’s custodial account account 13.1629 shares at $60.63 for a total investment of $798.00 in Emerson Electric Co. (EMR).
In all, eight separate buys have been made in the month of June. I seriously doubt that this pace can continue in the coming months but I do know that I will continue to make at least one monthly buy as I have always done for many years.
What have you been buying in recent weeks? Or are you worried about the inevitable correction the market may experience and are mostly on the sidelines? Please let me know below.
Disclosure: Long TD, BNS, VTR, HCP, HCN, JNJ, EMR