Recent Buys – KR and AAPL
So recently I have started using a slightly different strategy than I have used in the past. I have been slowly building two different positions by dollar cost averaging my way into the positions. This is not to say that I want buy a bigger position if I feel it is needed as was the case when I Bought some Flowers Foods stock. I am able to dollar cost into my positions of KR and AAPL because I have been using Loyal3 and Robin Hood to do it. I am new to Robin Hood but I have been using Loyal3 for a few months now. I have been picking my times when I want to slowly add to my position.
My reasoning for why I decided to invest in some Kroger stock can be found on my post when I added Kroger to my Watch List. I haven’t spoken out much about Apple though. I think that Apple is a great company who has gotten a bad rap for awhile. I had decided to start building a position right before they announced their earnings report. Unfortunately it wasn’t until right after the announcement that I started building the position. I think the Apple Watch will continue to pickup steam moving forward and will help grow their earnings. I think that the company has a lot of R&D going into some new innovative projects that will continue to help the company be the leader that it is.
Moving forward I hope that both companies continue to grow their dividends. I think they are both good values right now and will continue to build positions in both companies. I think these are some interesting additions to my holdings and I look forward to seeing how the stocks do over the long term. I currently have updated my Portfolio and Dividend Income pages. I have no intentions of posting every time that I add to each position but I will update my Portfolio and Income pages to reflect the changes.
Thank you for reading this short update about my recent additions. If your new to my blog I encourage you to join my Forums and to Introduce Yourself. I always enjoy meeting new people in the Dividend Investing Community. I would love to know what you think about my plan of building these two positions so please leave your comments down below!
Until next time happy investing!
Interesting change on the strategy. What are the fees for dollar cost averaging versus buying one big position at once? I’m sure you calculated these costs when making your decision haha Both companies you added are great companies. KR was a little pricey for the yield when I reviewed it, but that doesn’t mean it isn’t a great company. One of the best run grocery stores… And Apple is Apple and they are currently returning a lot a capital to shareholders via dividend increases or Drip. Keep the dividend ball moving forward!
Dividend Diplomats recently posted…Bert’s August Stock Watch List
There actually are currently no fees attached to these positions because I have been using Loyal3 and Robin Hood to build the positions. Someday down the road I may incur a fee from transferring the stock to a different broker but currently the plan is to just build the positions and hold them where they are currently at! Thanks for stopping by Bert!
I shop at a Kroger affiliated store and own AAPL with you. If they had not started a dividend I would have sold them but they have that snowball rolling. They have lots of money to pay in dividends so hopefully we see some good raises
Doug recently posted…Altria dividend increase
Which Kroger affiliate do you shop at?
Yeah, I think that Apple still has a lot of innovation left in them so I am wanting to build up a position now and then collect the dividends for years to come. Thanks for stopping by!
I think Apple is a great company and will be a good long term play at this price even if earnings dip in the short term due to a mediocre refresh cycle. The only issue I have with Apple and one of their reasons my position with them is so huge is that they’re already so huge that it’s hard for them to appreciate in value a ton. It’s a lot easier for a 1B company to double in value than it is for a company that’s already valued at 500B+. Although I think their shareholder return strategy(buy when valuation is low + dividends) that has become their go to in recent years bodes well for them in future years. I can see this company giving a 10% dividend increase every year for quite some time and be a big player in any technological advances beyond phones and watches due to their cash flow advantage.
timeinthemarketblog recently posted…August dividend update
I totally agree with you. It is a long term play for me. I read an article a bit ago about the Apple watch being very favorable by the people who bought it. If this is true I am thinking that it is just taking a little time for it to really gain traction… but when it does it will really take off. Maybe this new release will help it gain traction I’m not sure but I am willing to buy into it and enjoy the ride. One thing is for sure, not every project that Apple is apart of is going to be a home run but with the kind of cash that the company has they are going to hit more home runs. Like I say it is a long term play for me so I will continue to build my position. Thanks for stopping by!