At the start of each month I detail 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 continued investing in my Thrift Savings Plan (TSP) again this month. 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.
With my tax refunds hitting my account this month I was able to invest more than normal as I put all of my refund into stocks. Here is what I did in April.
7.72 shares of Coca-Cola (KO) @ $38.86 per share.
1.6361 shares of Target (TGT) @ $61.12 per share.
8.3479 shares of Target (TGT) @ $59.89 per share.
Quick Hits: After receiving my tax refund this month I put all of my normal monthly investing capital to work here increasing my stake in Target. I plan on continuing to dollar cost average into KO as long as it remains at or below $40 as I would like this dividend champion to be a core holding in my portfolio.
7 shares of Visa (V) @ $199.30 per share.
22 shares of Aflac (AFL) @ $61.00 per share.
Quick Hits: I received a combined federal/state tax refund of just over $2800 which I quickly put to work initiating two new positions for my portfolio. I detailed my buy list recently and ended up going with Visa and Aflac. With its low yield it is easy to look at V as only a growth stock and not consider it as a dividend growth stock. However, the global payments processor now has a 7 year history of raising their dividend since going public and with a low payout ratio and high earnings growth figures to be able to continue doing so at a high rate in the future. With the shares dipping below $200, off a 52 week high of $235, and trading at a reasonable 25x earnings I started a position.
Aflac is a dividend champion in the insurance industry with a 31 year history of annual dividend raises. Due to currency concerns regarding their large amount of business in Japan, AFL is trading at a very attractive P/E of 9.
29 shares of Powershares Financial Preferred ETF (PGF) @ $17.81 per share.
Quick Hits: This was one of my first purchases when I started buying individual stocks/ETF’s last year. I was attracted by the fund’s high yield and monthly payouts and not exactly understanding how preferred shares work, started a position. While the monthly payout is nice for individuals needing income today, I’d rather have more growth so I sold all my shares this month at a little bit of a loss and reinvested that money in my Loyal3 account.
Full Disclosure: I am long AFL, KO, TGT, and V. This post is not intended to be a buy or sell recommendation on any stock or ETF 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 for more information.
How was your April for investing? What do you think of my buys/sells for my portfolio? Share with a comment below and thank you for reading.