Alright! First stock purchase since I launched this blog.
Dividend growth investing is such a wonderfull thing. Getting paid money for doing absolutely nothing. Can't get any easier than that, now can it?
However, it can be a little tricky to find attractively priced companies. Especially in todays bull market, where stocks only seem to go up.
But luckily there is a company that looks really attractively priced: Cisco Systems (CSCO).
I already had a small position of 45 shares with an entry point of $34.00 totalling $1,530.
The stock price has gone down a little since then.
That's why I added to my position today (14 August 2017). I bought another 45 shares for $31.76 for a total of $1,429.04.
With this purchase I know own 90 shares of Cisco :).
Cisco is now also the largest holding of my portfolio with a total market value of $2,860.20.
What do you think? Do you also like Cisco? Be sure to leave a comment!
Stashing Dutchman
Disclaimer: I am NOT a registered investment advisor, financial advisor or tax professional. Any information found on this website is not a substitute for professional advice. This website should be viewed for entertainment purposes only. No guarantees or promises are made regarding the accuracy, reliability or completeness of the information presented. Please consult with an appropriate professional before investing any of your money.