0

Recent Stock Purchase October 2022

PUBLISHED Oct 31, 2022, 8:03:48 AM        SHARE

imgdivhut blog

As you know by now I make a stock purchase every single month no matter what is going on in the world and despite the doom and gloom headlines. Perhaps I am naive or more of an optimist that we will get through these dark financial times somehow. Either way, I have been busy buying up some stock this month and was happy to put some fresh and recycled capital to work to try and recoup some of my lost dividend income courtesy of the numerous cuts bestowed upon my portfolio in recent years. I know the only thing in my power is to dollar cost average into my positions buying at near all time highs while also buying during big time swoons and staying diversified to mitigate those dividend cuts we have all become familiar with. With that being said, and sticking to my October 2022 stock considerations, I continued to nibble and add to my portfolio:

ww

As you can see, I nibbled on several different positions earlier this month. Seeing some of these dividend stalwarts with yields way above their historical average was too much to ignore. Sure prices may continue to fall further but as a long time dividend investor I know that it is impossible to catch an absolute bottom. As mentioned earlier, averaging into positions over time allows me to build up a portfolio without sweating the day to day or week to week market gyrations. In all, I was able to put over $2,000 to work in October which is just fine by me.

What do you think about my October buys? What have you been picking up? Please let me know below.

Disclosure: Long all above

Related Posts:

  1. Recent Stock Purchase II – October 2014
  2. Recent Stock Purchase September 2022
  3. Recent Stock Purchase June 2022
  4. Recent Stock Purchase February 2022
Originally Posted in DivHut

UGI, Buy

UGI Corp.
Return: -32.13%

UGI, Buy

Return: -32.13%


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
October 2022 Stock Considerations
Image

A new trading month is about the begin and boy do we have a seemingly endless crop of stocks that are becoming fair valued to undervalued. The reality of the day is that we’ll continue to see stock prices continue to come down as interest rates rise. No reason to believe interest rates will stop climbing anytime soon.

Earnings and Cash Flows: A Primer on Free Cash Flow
Image

It is never pleasant to be in the midst of a market correction, but a market correction does operate as a cleanser for excesses that enter into even the most disciplined investors' playbooks in the good times. This correction has been no exception, as the threat of losing investment capital has focused the minds of investors, and led many to reexamine practices adopted during the last decade. In particular, there has been more talk of earnings than of revenue or user growth this year, and the notion of cashflows driving value seems to be back in vogue.

Deleveraging to Build Back Better
Image

Hey everyone This is a post that is a long time running and one that I actually didn’t really want to sit down and write. For the first time since we started investing, I have actually turned bearish. We decided to sell off some stock to pay off our home equity line of credit completely. This will definitely destroy our passive income at the moment but I feel like its a good move being debt free once again.

30 Frugal Living Tips to Build a Fortune
Image

You can live a rich life by spending less… Frugal living doesn’t mean skimping on what’s valuable. Instead, it’s a way to maximize value in your life. This is the big difference with being cheap… Cheapskates try to find the lowest price tag on everything. As a result, they often buy goods that don’t last long.

5 Funeral Home Stocks and Death Care Trends
Image

There are two certainties in life… death and taxes. Most people plan for taxes each year but few plan their funeral. It’s a tough topic to discuss but your family will be relieved that you had it planned. Losing a loved one is difficult and when you’re emotionally fragile and grief-stricken, planning a funeral is even harder. Funeral homes know this. They’re for-profit companies, and their industry is booming thanks to the world’s growing (and grieving) population.

Current Open Options Trades
Image

As described in my goals post here, my focus has changed to only choosing “Quality” companies for my options trades. Chasing premium is nice when it works, but as you will see below, I have been left with some companies that I would rather not own.

September 2022 Dividend Growth Watchlist
Image

As I described in my post here about my passive income strategy, I will be focusing on 3 key areas 1. Dividends 2. Options 3. Mortgage The first 2 parts all involve the stock market and my main criteria is to focus on quality companies as much as possible. During the last 2 years I have been stuck with some real humdingers, either by chasing yield or chasing premium.

Dominion Stock Forecast - Dominion Stock Dividend
Image

Dominion Stock Forecast for the upcoming quarters is optimistic. Why is Dominion Energy stock dropping? Let's explore Dominion Stock Dividend!

Fundraising For Cryptocurrency Projects: Here’s Everything You Need to Know
Image

Thinking of raising funds for your crypto project? Find out how.

Best Solana NFTs To Buy in 2022
Image

Looking for the best Solana NFTs in 2022? Find out in this article.

Five Below stock growth, earning report, buy or sell, and news
Image

Five Below Inc., often known as fiVe BEL°W in abbreviated form. It is a chain of specialist discount stores in the United States. Learn more!

How to Improve Credit Score to Get a Mortgage
Image

Make Sure the Dream of Home Ownership is in Your Grasp!

The Three Main Pillars of Trading / Investing
Image

A Broad Overview of Where to Start

Utility Stocks in a Recession- Are Utility Stocks a Good Buy Now?
Image

Utility stocks in a recession perform really well. So are utility stocks a good buy now when inflation is higher? Let's discover it!

SRE Stock Forecast and the Latest Earnings Report
Image

SRE stock forecast is very impressive as many analysts are expecting this stock to outperform the market. Let's learn how!

The Debt Avalanche Method
Image

This Method Can Help Get You Debt-Free Faster!

How to Screen for Utility Stocks
Image

Utility stocks are great for generating income and lowering the risk of your stock portfolio. But how exactly do you find the right utility stock to buy? This guide walks through how to use screeners to find the right utility stock.

How to Overcome Debt Problems
Image

From Avoiding Debt to Overcoming Old Debts, a Look at Solutions!

What is Insurance? And How do I Get Affordable Insurance?
Image

Insurance coverage is a funny thing. Everyone seems to have some sort of idea what it is, most think they need it but not urgently, everyone has it for their car, and some have way too much.

Resources for Publishers
Resources for New Investors