0

Recent Stock Purchase/Sale February 2023

PUBLISHED Mar 29, 2023, 12:52:56 AM        SHARE

img
imgdivhut blog

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 and recycled capital to work to try and recoup some of my lost dividend income courtesy of the numerous cuts bestowed upon my portfolio in recent years (thanks VFC). 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, and sticking to my February 2023 Stock Considerations somewhat, I continued to nibble and add to my portfolio as well as sell a couple stock spin offs:

February 2023 Portfolio Update

As you can see, there are two notable trades that are not buys this month as I decided to shuttle Haleon plc (HLN) and GE HealthCare Technologies Inc. (GEHC). I have enough dog spin offs that lose value and pay no dividends. Time to free up some cash and put it to work elsewhere. Frankly, I’m sick of all these spin offs. When I first started investing, spin offs were quite rare. Today, it seems that every company is engaged in accounting trickery fooling shareholders with crap spin offs that only disguise real dividend cuts. Rarely does a spin off these days equate to a solid real world standalone company. Over the years AbbVie Inc. (ABBV) has proven itself but those high flying spin off winners are becoming exceedingly rare. Sells are quite rare for me but as a dividend and income focused investor I need to get my cash working for me instead of relying solely on capital appreciation.

In all, I put about $2,700 of capital to work this month. It’s been a while since I put that much cash to work as I was building up cash reserves for several months towards the end of last year. What stocks are you buying In February? Please let me know below.

Disclosure: Long all above except HLN and GEHC

Originally Posted on divhut.com
**POSITION UPDATE**

T, Buy

AT&T, Inc.
Return: -5.48%

T, Buy

Return: -5.48%


Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Dividend Income Update January 2023
Image

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolio.

Hiding Out In Tech
Image

Stock Market Commentary

A Rough Week
Image

Stock Market Commentary

Back to December, 2022
Image

Stock Market Commentary

Is AES a Buy
Image

Considering buying AES stock? Learn about their operations, potential for growth, and risks involved before making any investment decisions.

Improving Slooowly
Image

Stock Market Commentary & Observations

Utility Stocks with Growth Prospects
Image

Stay informed about utility stocks with growth prospects. Get expert analysis, market updates, and investment strategies for long-term growth and stability. Invest wisely in this sector and explore opportunities for success today.

Is EIX a Buy?
Image

Get expert analysis on EIX (Edison International) to determine if it's a good buy. Analyze financials, market trends, and future prospects to invest wisely.

ED Stock Forecast
Image

Get the latest ED stock forecast and analysis, including price predictions, news, and expert insights. Stay informed about the performance of Consolidated Edison, Inc., and make informed investment decisions with our comprehensive stock market data and forecasts.

This May Take Some Time
Image

Stock Market Commentary

Market Neutral
Image

Stock Market Commentary

Tesla in 2023: A Return to Reality, The Start of the End or Time to Buy?
Image

I am not much of a car person and view cars primarily as a mode of transportation. I drive a 2010 Honda Civic, a perfectly serviceable vehicle that is never going to get oohs and ahas from onlookers, but I feel no urge to value Honda.

Resilient and Ready: How to Invest During a Recession
Image

It’s the word on everyone’s lips – recession. Investors are worried about it. Moreover, they do not know how to invest during a recession. Despite the widespread predictions the U.S. (or the world itself) is about to enter one, there remains quite a bit of confusion over recessions.

Resilient and Ready: How to Invest During a Recession
Image

It’s the word on everyone’s lips – recession. Investors are worried about it. Moreover, they do not know how to invest during a recession. Despite the widespread predictions the U.S. (or the world itself) is about to enter one, there remains quite a bit of confusion over recessions.

Dividend Safety Analysis: Franklin Resources (BEN)
Image

The firm is a Dividend Aristocrat and Dividend Champion with 42 years of increases, which makes it interesting to dividend growth investors. The dividend has been raised continuously since 1981.

Portfolios Are Up How Much?!?!
Image

As of October 2022, stocks were down 25% from their previous high. Bonds were down 15% over the same period. A “balanced” 60/40 portfolio was down 21%. It was, by some measure, the worst investing year in a lifetime.

United Parcel Service (UPS) – Delivering Dividends in 2023
Image

The year of 2023 has already started in turbulent mode. The S&P 500 is up almost 4%, as inflation appears to have cooled on earlier reports. However, I think the economy is being overlooked, as I predict we are still in for a rude awakening.

Why I’m Investing into Vanguard Dividend Appreciation (VIG) ETF Daily!
Image

By the time of this article release, I have now had a daily investment into Vanguard’s Dividend Appreciation ETF (VIG), another wonderful Vanguard ETF. The community knows I buy Vanguard’s S&P 500 (VOO) daily and Vanguard’s High Dividend Yield (VYM) weekly, so what gives?

February 2023 Stock Considerations
Image

With a new trading month already in full swing it is time, once again, to highlight some of my potential stock purchases. While the market had a nice bounce in recent months there is still no shortage of stocks that are becoming fairly valued to undervalued.

Recent Stock Purchase January 2023
Image

It has been a very, very long time since I made two or more separate tranches of buys in a single month but sometimes the market has a flash sale and adding more shares is just too tempting to pass up.

Resources for Publishers
Resources for New Investors
Boosted with BossCoin