Recent Stock Purchase October 2019

The wild and unruly markets continue to “shine” in October as we witness triple digit declines followed by triple digit gains followed by more losses and more gains. Oh well… I hope you can sleep well at night knowing your diversified dividend paying portfolio is working for you no matter what the market decides to do. We’ll all hold winners and we’ll all hold losers over time… the key is to keep that passive income rising and mitigate any of your losses by staying diversified and not going into panic mode when there is a sell off. That’s it. Pretty simple right? One more thing. Tune out the noise. No one has any idea about the future. No investing guru, analyst, talking head, etc. Believe me… I don’t know either. All I do is make consistent monthly buys in well known dividend paying stocks, reinvest and add fresh capital. Sure, this has brought be down the path to owning shares like GE and KHC among other rejects but on the whole my portfolio is up and more importantly, despite big time dividend cuts, my passive income continues to grow. With that being said:

I have added to my taxable account 5 shares at $129.60 for a total investment of $648.00 in Johnson & Johnson (JNJ). With this recent purchase my taxable account holdings in JNJ now totals 77 shares with a market value of $10,002.30. I also hold 8 shares of JNJ in my ROTH account with a market value of $1,039.20.

I have added to my taxable account 4 shares at $199.05 for a total investment of $796.20 in McDonald’s Corporation (MCD). With this recent purchase my taxable account holdings in MCD now totals 32 shares with a market value of $6,374.72. I also hold 11 shares of MCD in my ROTH account with a market value of $2,191.31.

For those that have been following my journey the past few months these two buys might seem a little foreign. After all, for the last four or five months I have been buying Altria Group, Inc. (MO) almost exclusively. It has been a while since I added to either JNJ or MCD but after recent declines the stocks seem to be getting a bit more attractive so I nibbled. In total, $1,444.20 of fresh capital has been added in October. Barring some huge decline in the next week or so my next buy won’t be till November.

What do you think about my recent purchases? Are either of these two names on your radar? Please let me know below.

Disclosure: Long GE, KHC, JNJ, MCD, MO

12 thoughts on “Recent Stock Purchase October 2019”

    • Hi FF,

      I’ll grant that MCD is still looking expensive but JNJ was trading at a nice discounted value at the time. Glad I was able to take advantage of it and as you stated, those are ‘sleep well blue chips.’

    • Hi MDD,

      I like both long term and that JNJ dip was pretty extreme and I was happy to take advantage. MCD still looks a bit pricey here. I’ll consider again in the low $190s.

    • Hi Passivecanadianincome,

      Don’t let the headlines scare you. Imagine the negative headlines MO faces every week or any stock for that matter. Look at JNJ today. If afraid, nibble. No one says you need to invest $1,000 or more at once. With free trades now you can dip your toe with $100 or less even 🙂

  1. I like the JNJ pickup and added another share or two this week. I’m hoping to see the low to mid $120s again in short order so I can pick up another little bit. MCD is still a bit too high of a valuation for me, but it’s looking a lot better back under $200.
    JC recently posted…More Zero Commission BuysMy Profile

    • Hi JC,

      JNJ had a nice run up while MCD is still under $200. I’ll look at MCD again in the low $190s. In the meantime, keep investing and collecting those dividends.


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