Recent Stock Purchase October 2018

Market volatility is back. We’re up, we’re down, red flags about the economy, world affairs, interest rates (add whatever concern here) and you can go mad trying to make sense of it all. That’s why it’s sometimes better to simply invest with blinders on. Follow your own path and rules and tune out all the financial noise. See, the headlines are always going to be negative in good economic times and, of course, bad. So what’s an individual investor to do? Simple. Keep buying quality dividend payers, diversify and enjoy the dividends when they come. It’s how I have been investing for over a decade since going the DGI route. Sure, I hold some stinkers in my portfolio but overall I cannot complain and I have been able to create an ever increasing passive income stream year after year which is my primary goal. With that being said, let’s take a look at my recent stock purchases in October.

 

I have added to my taxable account 9 shares at $52.05 for a total investment of $468.45 in Cardinal Health, Inc. (CAH). With this recent purchase my taxable account holdings in CAH now totals 61 shares with a market value of $3,211.65.

 

I have added to my IRA account 6 shares at $54.79 for a total investment of $328.74 in Ventas, Inc. (VTR). With this recent purchase my IRA account holdings in VTR now totals 79 shares with a market value of $4,357.64.

 

I have added to my IRA account 16 shares at $21.98 for a total investment of $351.68 in Sabra Health Care REIT, Inc. (SBRA). With this recent purchase my IRA account holdings in SBRA now totals 95 shares with a market value of $2,114.70.

 

What do you think about my recent buys? Are you considering any of these names as well? Please let me know below.

 

Disclosure: Long CAH, VTR, SBRA

30 thoughts on “Recent Stock Purchase October 2018”

    • Hi DD,

      I know CAH has its issues but the dividend looks too compelling to ignore. It’s still very safe with room to grow going forward so why not pick up a high quality name that is in the dumps? As always, I appreciate your comment.

      Reply
    • Hi JC,

      I think interest rate fears with the REITs are overblown. REITs have existed in rising/higher interest rate environments in the past and have adapted just fine. I like anything health related for the next two or three decades 🙂

      Reply
    • Hi DG,

      CAH had a tough 2018. Nice to see I’m not alone in picking up this beaten dividend aristocrat. Of course, should CAH rebound significantly going forward all the talking heads will come out and sing its praises. The time to buy a quality name is when no one wants it. Thanks for commenting.

      Reply
    • Hi Doug,

      Good to hear you were able to take advantage of the market swoon. Just keep finding those quality beaten down names and ignore those financial headlines. We are investing for the long haul, not next week. As always, I appreciate your comment.

      Reply
  1. Wow, you’re on it! Congratulations with these buys. I read a lot about CAH buys by the DGI community last months, but
    I never considered it a strong buy. The price drop of VTR came to early for me as I dudn’t have any capital to allocate. Too bad. But good for you! ?

    Reply
    • Hi Dividendcompounder,

      I like putting money to work every month. The REITs have had a tough 2018 and I thought it was OK to nibble on some names in the space. Long term, I still like anything health related. Thank you for stopping by and commenting.

      Reply
    • Hi Charlie,

      Stocks go up and stocks go down. I just keep making those monthly buys and continue to stack those dividends. After all, I am on the DGI path and my main goal is to generate an ever increasing passive income stream. Thanks for commenting.

      Reply
    • Hi MR,

      Like the CAH pick up. It’s a quality dividend aristocrat that has suffered in 2018 but I think still looks good for the long haul. The dividend is still very safe with room for future increases. Of course, time will ultimately tell what happens to CAH in the long run.

      Reply
    • Hi Passivecanadianincome,

      I like the health sector a lot long term. Even though there are those rumbles of AMZN putting fear into many I think the sector is large enough for multiple quality players.

      Reply
    • Hi DD,

      SBRA had a tough start to 2018 and as rebounded quite nicely from its lows earlier in the year. I felt compelled to average down a bit on my position. Thanks for commenting.

      Reply
    • Hi DD,

      REITs have performed well in high/rising interest rate environments in the past. I don’t see any reason for the quality names to not continue to perform well over time. I’m sure you’ll get your price with O eventually.

      Reply
    • Hi DP,

      I’m with you on both of those REITs. I already have a nice chunk of VTR and would like to buy more if prices decline considerably form here. The REITs did not have such an easy going 2018.

      Reply
    • Hi DD,

      CAH has been tough to love in 2018 but if you look at that dividend it still appears to be quite safe for the foreseeable future. You have to consider an aristocrat like CAH when the chips are down as they are now. Thank you for commenting.

      Reply
    • Hi DD,

      CAH is sporting a very compelling yield for such a solid long time dividend raiser. Why not nibble a bit when things are looking down for the stock? As always I appreciate your comment.

      Reply

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