As you know by now I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines. Perhaps I am naive or more of an optimist that we will get through these dark financial times somehow. Either way, I have been busy buying up some stock this month and was happy to put some fresh capital to work to try and recoup some of my lost dividend income courtesy of the numerous cuts bestowed upon my portfolio. I know the only thing in my power is to dollar cost average into my positions buying at near all time highs while also buying during big time swoons and staying diversified to mitigate those dividend cuts we have all become familiar with. With that being said I continued to nibble and add to my portfolio:
I have added to my taxable account 15.1421 shares at $94.60 for a total investment of $1,432.44 in Starbucks Corporation (SBUX).
I also picked up 3.9357 shares of SBUX for baby DivHut at the same time.
Again, I have no idea about the immediate future but long term, and with a diversified portfolio, I feel I can weather our current economic storm.
What do you think about my recent stock buys? What is the plan for your March? Please let me know below.
Disclosure: Long SBUX