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 Comments

  1. Nice buys. I share CAH with you. The price has been hit pretty hard all year it seems. So good time to add more. Hope they can keep those big dividend increases up.

    1. 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.

  2. Nice buys Keith! REITs took a bit of a hit as interest rates moved higher but over the long run these are still excellent companies. Plus I really like VTR since they also have the secular growth story of health care behind them too. All the best.

    1. 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 🙂

    1. 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.

  3. Been looking at CAH and SBRA both look good did buy some Abbv recently and some other stocks. Was finally able to take advantage of market turmoil. Keep it up.

    1. 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.

  4. 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! ?

    1. 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.

  5. Hopefully you added during last week’s downdraft adding a little extra juice! And no, I share no names in this group.

    1. 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.

  6. I also added to my position in CAH last month with a few shares! 🙂

    I’ve been looking at VTR as well but haven’t pulled the trigger yet. Maybe next month!

    1. 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.

    1. 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.

  7. I like these purchases, and out of these three I currently own SBRA. Been looking to add some more myself.

    1. 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.

  8. Keith, I only follow and own VTR of that group. With the continued threat of rising interest rates, REITs will likely remain under pressure in the short term and more buying opportunities should surface. I want to add to “O”, but haven’t gotten my price yet. Tom

    1. 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.

  9. Keith,

    I really like VTR and CAH, with the current volatility in the market I will be looking to add both soon. Great buys here.

    Cheer

    Dividend Pursuit

    1. 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.

    1. 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.

  10. Keith,

    Great pickups here! Very focused on the healthcare industry. I like it a lot, On top of it, that is some solid freaking dividend yield.

    Bert

    1. 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.

    1. Hi DI,

      CAH has had a tough 2018. Why not dip a little on the downside and average down with this safe, long time dividend raiser. Thank you for commenting.

  11. […] Are you enjoying October yet? Markets rocket higher only to drop the next day. The DOW swinging by hundreds of points seemingly on a whim without any justification. The talking heads speak of all the market troubles on down days and are surprisingly positive and jubilant on up days. What gives? Personally, with what’s going on I feel very, “Eh.” Don’t care too much about these wild gyrations. As you know, I’ll keep doing more of the same which is buy quality dividend stocks and enjoy some extra high yield because of lower prices. As we all know by now, timing the market is impossible. Knowing the bottom is a game that cannot be won and, so, I take comfort in my dividends knowing that we’ll continue to drop or march higher but those dividends will still be rolling into my account. With that being said, let’s take a look at my second tranche of October buys. […]

  12. […] Are you enjoying October yet? Markets rocket higher only to drop the next day. The Dow swinging by hundreds of points seemingly on a whim without any justification. The talking heads speak of all the market troubles on down days and are surprisingly positive and jubilant on up days. What gives? Personally, with what’s going on I feel very, “Eh.” Don’t care too much about these wild gyrations. As you know, I’ll keep doing more of the same which is buy quality dividend stocks and enjoy some extra high yield because of lower prices. As we all know by now, timing the market is impossible. Knowing the bottom is a game that cannot be won and, so, I take comfort in my dividends knowing that we’ll continue to drop or march higher but those dividends will still be rolling into my account. With that being said, let’s take a look at my second tranche of October buys. […]

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