Small Buys

Put some cash to work yesterday and today:

Added to our positions in CHCO, CVX, PEP, SCL, and OLN. Initiated positions in MMM, NSC, ABBV, PLOW and CAT.

Now that the mortgage is paid off, I want to add a bit more into buying. I only made small purchases in the new stocks with the idea that every month we're going to be adding to them.

Added to OHI

Just a little purchase this afternoon to follow on my thinking the other day about adding to my OHI position.  Bought 15 shares @ $36.30.

Brings my cost up to $26.05 per share, and assuming a $.55/quarter dividend my YOC runs just over 10%

I had some cash left over in my account, still have some after this, but not sure what I'm going to do with the rest. Might wait a bit.

Dividends & Reinvestment

Got a couple of dividends reinvested yesterday.

We have a small position in National Penn Bancshares - NPBC. It's a stock that I want to put additional funds in soon. However, it is a lower priority, but in the meantime they paid out $11.11 and that bought 1.0491 shares.

Also paid was the last third of the Omega Healthcare REIT - OHI dividend that was split between last month and this month because of their acquisition of Aviv. $42.54 to get 1.1817 shares. I am thinking about adding to this position since the share price is attractive. I have previously bought on pullbacks when the price dropped to $22 and $29. This seems about as good of an opportunity as those were.

March on!

A Little About Me

I'm in my early 40s, married with 3 wonderful children. We live in a small southern town in North Carolina, where we moved back to last year to be closer to family. I've been investing for over 10 years now, a bit haphazardly at first but has morphed into a focused strategy of dividend reinvestment. We have been following a budget/plan for about that long as well. Trying to live the frugal life while not being miserly with our money, because what's the point of saving if all you do is nothing!

We have quite a few competing money priorities that we are working through. Our house is almost paid off - we have probably a little over a year to go. However, my wife's car is going to have to be replaced in the next couple of years. It's 17 years old with over 200,000 miles on it and starting to have a few repairs in the last year. We have some savings set aside should the need to replace it sooner happen, but we'd really like to have the house paid off before. That's the plan, but have kept some option available.

March on!

March On!

This is going to be a place for me to keep track of our march to financial independence - paying down debt, spending, investing, dividends and anything else I want to talk about. Hang out a bit.