0

Recent Stock Purchase August 2022

PUBLISHED Aug 26, 2022, 3:28:07 PM        SHARE

img
imgdivhut blog

How has your summer been going? For me, it is more of the same which simply means making a monthly stock purchase and staying invested no matter how ugly the world economy is looking. As I said in the past, I don’t have a crystal ball, nor do I pretend to even attempt to understand what is going on in the markets these days as massive sell offs continue and crazy high prices are charted for oil and many other commodities, like corn for example. There is no shortage of excitement, that’s for sure. I just continue to have a long term outlook, continue to invest, diversify my portfolio even more and just hold on. With that being said let’s take a look at my August stock buys.

Recent Buys

As you can see this month I deployed more cash than last month totaling almost $2,000. I continue to buy the same beaten down names in 2022 like VZ and a newcomer for the year GSK while enjoying the higher current yield because of these price drops. People like to talk about crypto volatility but the market in recent months has plenty of examples of wild price swings too. We’ll see how the rest of the year plays out with rising interest rates still on deck while in the midst of a recession. Of course, all this means for long term dividend investors is that we are getting better buying opportunities for some high quality stocks. It’s unlikely I’ll be adding any more shares in August.

What do you think about my stock buys for the month of August? What have you been buying?

Disclosure: Long VZ, GSK

Originally Posted on divhut.com

GSK, Buy

GSK Plc
Return: 22.30%

GSK, Buy

Return: 22.30%


Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
ETH 2.0: Here is Everything you need to know.
Image

Find out all there is to know about the upcoming Ethereum network upgrade, ETH 2.0, right here! Including what it is, and what upgrades are coming.

Dollar Longs Pared as Jackson Hole Gathering is set to Start
Image

It seems that many market participants had the same thing in mind, cut dollar longs before the Jackson Hole gathering.

Top 5 Foundation Dividend Stocks for ANY Portfolio [October 2020 Update]
Image

Hey everyone! I was sitting at my kitchen table doing an intense round of push-ups, reading articles and had a thought. I would love to share my point of view on the top 5 foundation dividend stocks that every beginning investor should own.

eBay (EBAY) Stock – A Possible Discounted Stock to Bid On?! | Investing for Passive Income
Image

Let’s dive into a selling and re-selling platform that I use almost every single day. We are talking about eBay, not Amazon nor Facebook. I have used eBay as a reselling platform for more than 10 years.

Is Investing with Robinhood REALLY a good Idea ?
Image

Robinhood has a simple user interface that makes trading and investing with it quite a pleasant experience, and while it used to be the "Go to Choice" for new investors, recent events have caused many investors to reconsider the platform's trustworthiness.

A Statistical Appraisal Of Bond And Equity Behaviour
Image

Bonds and equities exhibit fundamentally different patterns

The Perfectly Imperfect Investor
Image

The Perfect Investor allocates their portfolio to 100% stocks when the market is at a local bottom. And they allocate to 100% bonds (or perhaps cash, to be even more conservative) when the market is at a local top.

Surging Energy Prices Pushing Europe Closer to Recession
Image

The poor eurozone PMI underscores likely recession and weighs on the single currency, which was sold to a new 20-year low.

Chevron (CVX) – Oil and Gas Demise Is Overblown
Image

This Chevron Corporation (CVX) post is my third in a series of posts in which I cover an integrated oil and gas producer as well as summarize the overblown expectations of the demise of the oil and gas industry.

SCHD vs. VYM: Which Dividend ETF Is The Best?
Image

SCHD and VYM are the two best dividend ETFs on the market. They provide a yield of around 3% and have a low cost of ownership. There is plenty of diversification in each fund, but each is designed differently.

Stock Buybacks - Everything You Need to Know
Image

A stock buyback is a tool companies can use to add value for their investors. Stock buybacks can be publicly controversial when the buyback was made only to make a company's numbers better

How to Recession Proof Your Money
Image

Many people are worried about the looming recession. Here’s some information that may help ease your fears.

Oddest Collectibles to Invest in 2022
Image

When it comes to investment strategies, there is no single prescribed way to maximize your returns. While most investors choose to put their money into stocks, bonds, or real estate, they are not the only options out there.

Blue Chip Stocks In Focus: Atmos Energy
Image

Atmos Energy can trace its beginnings back to 1906, when it was formed in Texas. Since then, it has grown organically and through mergers to a $16.5 billion market capitalization.

Blue Chip Stocks In Focus: Bristol-Myers Squibb
Image

Bristol-Myers Squibb was created as the result of a merger between Bristol-Myers and Squibb on October 4th, 1989. Bristol-Myers can trace its corporate beginnings back to 1887.

Proof Of Stake (POS) vs Proof Of Work (POW)
Image

Let's have a look into the two most popular consensus mechanisms that are the underlying technology of how cryptocurrency transactions are carried out.

Blue Chip Stocks In Focus: Lancaster Colony
Image

LANC began its operations in 1961 after combining several small glasses and related houseware manufacturing companies.

Amazon Stock Price Prediction – Should I Buy Amazon Stock Now?
Image

Amazon business stood firm during Covid-19 and even when the stock market is engulfed in pessimism. Amazon Stock Price Prediction is too good to ignore.

Upcoming Economic news Releases
Image

Things That Could Impact the Market Next Week

Looking For A Modest Pullback
Image

Stock Market Commentary

Resources for Publishers
Resources for New Investors
Boosted with BossCoin