Recent Stock Purchase April 2020

How has your April been going? For me, it is more of the same which simply means making a monthly stock purchase and staying invested no matter how ugly the world economy is looking. As I said in March, I don’t have a crystal ball, nor do I pretend to even attempt to understand what is going on in the markets these days as massive sell offs continue and crazy negative prices are charted for oil for the first time ever and any other nonsense and manipulations we witness. I just continue to have a long term outlook, continue to invest, diversify my portfolio even more and just hold on. With that being said let’s take a look at my April stock buys.

I have added to my taxable account 6 shares at $274.90 for a total investment of $1,649.40 in Apple Inc. (AAPL). This is a new position.

I have added to my taxable account 2 shares at $163.29 for a total investment of $326.58 in Microsoft Corporation (MSFT). This is a new position.

I have added to my taxable account 2 shares at $137.19 for a total investment of $274.39 in General Dynamics Corporation (GD).

I have added to my taxable account 10 shares at $28.62 for a total investment of $286.20 in Leggett & Platt, Incorporated (LEG).

I have added to my ROTH account 6 shares at $273.03 for a total investment of $1,638.18 in Apple Inc. (AAPL).

In total I have put $4,174.75 of fresh capital to work in April. By now you already know that I continue to invest with blinders on even as the world is seemingly falling apart. Maybe I’m naive, a bad investor or simply an optimist knowing that eventually this too shall pass and life will resume normally. None of this “new normal” stuff, rather back to business as usual. Yes, it will take time but life will go on. September 11, 2001, nuclear war threats, Pearl Harbor, WWII, WWI, disease, recession, depression, just name it and the world has seen it yet somehow we are all here today.

As you can see from my purchases I decided to add a good chunk of my money in very cash rich companies. I was looking to be defensive this month. The DivHut portfolio has been very, very light in the tech sector since inception and by adding some exposure to AAPL and MSFT this month along with AVGO last month I finally dipped my toe into the tech water. This reminds me of a post I wrote back in 2017 titled, “Which Tech Stocks Make Good Long Term Investments?” It may have taken me almost three years to add tech but I’m happy to have that exposure now.

What do you think about my recent stock buys? Are you adding anything in April or accumulating/sitting on cash? Please let me know below.

Disclosure: Long AAPL, MSFT, GD, LEG

17 Comments

  1. Nice to see the tech additions, DivHut. Looks like AAPL made up the majority. Both AAPL and MSFT have strong financial positions, so that makes a lot of sense. I like the GD purchase as well. GD is well lit on my radar.

    1. Hi ED,

      No doubt AAPL and MSFT are strong names for the long haul. Tech has really proven itself during these weird times and I will continue to look at them going forward. Thanks for commenting.

  2. You’re a stronger willed person than I.
    I still see a lot of turmoil for a while before things go back to “normal”. Although, I am a little short on capital at the moment otherwise I would be investing like you are, every month. Cheers

    1. Hi BHL,

      No doubt turmoil is here to stay for a while but I just keep buying each month. I have been doing so since going the DGI route and bought during the tough months of March, April, May, June and July. Keep raising that capital. There will be another market meltdown for sure.

  3. Thanks for the update. I’m considering to buy my first stocks of LEG. Nice to see I’m not the only one who likes this company. Very solid and a real dividend champion.

    Cheers
    Mike

    1. Hi DS,

      It has a long history of paying growing dividends and has suffered a earlier this year. Now I am looking more at cash rich companies like MSFT and AAPL. Thanks for commenting.

  4. Great series of purchases DH! I am considering adding to my position in LEG. Would also like AAPL too. We will see what happens. Best of luck! 🙂

    1. Hi MDD,

      I also added LEG when it was deep in the red earlier this year. It has since climbed back nicely. I think I still prefer the cash rich companies like AAPL and MSFT.

  5. DH –

    Love the dividends you have added from the purchases made, you definitely killed it. Keep it going, no doubt!

    I may add more to my GD position, as well.

    -Lanny

    1. Hi DD,

      Trying to do my best during these crazy times. As you can see I’m still buying each month and trying to navigate the dividend cuts.

  6. I added GD same number of shares as you,its small position ,will add more. AAPL i am full position,MSFT can add ,but price is high.

    1. Hi desidividend,

      I still think AAPL and MSFT are good long term bets. Sure they might sell off again if the market tanks big time but they have tons of cash to weather the worst of economic storms.

  7. Great buys with AAPL and Microsoft. I like how you ride the storm and let everyone get crazy and panic. Now is the time to invest in good quality companies.

    Good luck and stay safe.

    1. Hi Dividendcompounder,

      Well said. I like the cash rich companies like AAPL and MSFT. Tech has really proven itself during these tough times. While I would like a higher yield from those names… they are safe and safety counts for a lot these days.

  8. I’ve added AVGO and CSCO recently. I don’t know if it counts but I’ve been adding HRZN, a life sciences and technology venture lender. They pay a monthly dividend which is always fun. Thanks for sharing your April buys. – Marcus

    1. Hi DB,

      Like the AVGO pick up. It has really climbed a lot from its March lows. Tech has really proven itself as a sector during these tough times. Something to think about going forward.

  9. […] total I have put $2,494.83 of fresh capital to work in May… about half my total from the month of April but a solid amount nonetheless. As you can see, I have opted for many smaller buys (in each of my […]

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge

This site uses Akismet to reduce spam. Learn how your comment data is processed.