Over the past decade plus MO:NYSE Altria has returned 410% of my original investment in large part to dividend reinvestment. The annual dividend yield is still impressive at 3.33%. Things in the smoking world are changing so I will be selling a number of shares to equal my original investment while keeping the rest. MO is … [Read more…]
I just turned 60 years old. So this is a particularly important subject to me and many of my friends and family. I manage about half of the retirement savings for our household. The other half is managed by the experts at American Funds. We also have other non retirement portfolios including stocks, real estate … [Read more…]
9:33 this monring I added Altria Group Inc, MO:NYSE to my IRA retirement account bringing my retirement allocation to 50% of target. I also hold 100% of target in my investment account with a average cost basis of $20.43.
I just updated my stock orders. Now that the elections are over and the fed is printing money, I have modified my trades to the following…
Beaglefolio Buy 1/4 INTC at 19.50 Sell 1/4 CSCO at 27.50 CSCO one month chart. IRA – Retirement Buy 1/2 MO at 23 Buy CVX at 80 MO one month chart Comments: Beaglefolio INTC – IT spending, driven by aging computers and bandwidth-consuming applications for PCs and servers will provide healthy demandfor microprocessors. S&P’s 12-month target … [Read more…]
But what if the tax cuts are extended for some or all including those making over $250K/yr? This could be extra bullish for high dividend yielding stocks.
I am happy to own MO with it’s nearly 7% dividend yield. Considering additional 1/4 buy at $18. I now own 3/4 of my target position in MO.
If this stock ever pulls back to $20, I’m up for another 1/4 buy. I already own 1/2 of my total target investment in MO.
I was disappointed this morning when the market was up 133 points on the Dow. Relax in this market, my bottom fishing trade opportunities are still alive and possible. Here is the latest recap on my bottom fishing buys.
I did not want to wait for MO to drop to $20 per share, so this morning I raised my buy price to $20.90. The stock strike price hit at 3:55 PM just before the market closed. MO is paying a dividend $1.40 per share or over 6.6%.