I am long with HON, MA, and V. However, the prices are quite high now so if any recession comes by next year they will drop a lot. I will then take the opportunity to add more MA, V, and HON. I have took a good profit from these stocks.
I have added a few stocks which are really in good discount and also pay dividends with high yields. I have purchased MMM, ABBV, PFE, JNJ, EMR, KHC, and ALB stocks. This month I have initiated my position in Exxon Mobil (XOM) for the first time.
My dividends reduced $36.4 due to the selling of those stocks. However, I increased my dividends $84.7 from purchasing new stocks in August 2019.
I have increased $28 and $16 by adding MMM and KHC respectively.
I like that you bought into KHC. I know they are getting hammered, but I do believe they can adapt to changing market trends and find a way through the mess they are in. I added them into my portfolio a few months ago and looking for this to be a long-term play.
ReplyDeletehttps://www.moneybyramey.com/dividend-portfolio/
Good luck and happy investing!