At the start of each month I plan on detailing all my buy/sell activity for each of my 3 individual stock portfolios: Loyal3, Roth IRA, and Taxable Brokerage accounts. It’s just one way I am chronicling my journey to financial independence here at Starting From Zero.
In addition to these 3 accounts, I also started investing in my Thrift Savings Plan (TSP) again this month to help put more of my money in tax advantaged accounts. Right now I’m contributing 4% of my base pay but may adjust this in the future. The majority of my investing will still be in my taxable and Roth accounts. The TSP is basically a 401k plan for federal employees including the military. It only offers index funds but does have probably the lowest expense ratios around, even lower than Vanguard. 😉 Right now I’m putting my contributions in the C Fund which mirrors the S&P 500 and the S Fund which is a small cap index fund. Since these deposits typically take a while to reach my account, I won’t be detailing those transactions here but will now be including a total on my portfolio page.
I also received a surprise check from my college late in March with a tuition refund of $721.50 which was from me overpaying my tuition bill for the last 3 semesters before some of my scholarships were deposited. I knew I was getting a refund at some point but had completely forgotten about it. 🙂 I put this money to work immediately, combining it with most of the cash in my Roth to initiate a new position in Kinder Morgan Inc (KMI) which was one of the stocks on my buy list that I highlighted here.
Buys: 03 Mar: 7.6296 shares of Coca-Cola (KO) @ $38.01 per share.
19 Mar: 2.0854 shares of Target (TGT) @ $59.94 per share.
19 Mar: 3.0985 shares of McDonald’s (MCD) @ $96.82 per share.
19 Mar: 1.297 shares of Coca-Cola (KO) @ $38.55 per share.
Quick Hits: Similar to last month as I continue dollar cost averaging into both Coke and Target. Looking to diversify a bit more this month I added McDonald’s, a dividend champion with 38 years of dividend growth. With a P/E of 17, I consider the stock to be fairly valued and will likely continue to add to my position in the coming months.
Buys: 31 Mar: 33 shares of Kinder Morgan Inc (KMI) @ 32.13 per share.
Quick Hits: I combined some fresh capital this month with the cash I had just sitting idle in my Roth and finally pulled the trigger on KMI with the energy giant trading at an attractive valuation relative to its 52 week trading range. At current prices the stock boosts a dividend yield of 5.10% and is expected to be able to grow that dividend by 8% annually. Like all of my Roth holdings, the dividends received will be automatically reinvested. I plan on doing a full blog post on KMI here soon.
Taxable Brokerage: No buy or sell activity this month.
Overall a pretty solid month of investing. Combined all of my purchases this month added $78.62 to my projected annual dividend income. With the purchase of KMI, this puts me slightly overweight in the energy sector and will most likely be my last energy pick-up for a while. (Unless of course, another bargain presents itself next month. 😉 ) With a relatively small portfolio, I’m comfortable being overweight in certain sectors or stocks (like Realty Income) at the moment knowing future additions will help balance it out in the coming years. Once I get closer to financial independence, portfolio allocation is going to become more important. Until then, I plan on continuing to add whatever stocks are trading at fair value (or below) and meet my guidelines.
Full Disclosure: I am long KO, MCD, TGT, and KMI. This post is not intended to be a buy or sell recommendation on any stock mentioned and is designed for educational/entertainment purposes only. Only you are responsible for your investing and I always encourage you to conduct your own research prior to investing. Please see my disclaimer page.
How was your March for investing? What do you think of the additions to my portfolio? Share with a comment below and thank you for reading.