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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (65219)10/20/2020 7:08:53 PM
From: E_K_S  Read Replies (3) | Respond to of 78954
 
I too added some IBM. Let go 15% of my INTC high cost shares (8% gain from my Buy on 7/24/2020 earnings). I did add to my INTC Buys at $47-$48 a few days latter. Used proceeds to put into more IBM @ $117.20/share , doubled my dividend too from 2.4% to 5.2%. I have more GTC Buys for IBM at $115 and $112. Other IBM Buys were 3/20/2020 (the crash day) some at $97/share and $96/share. Still hard to really pull the trigger on a lot of shares (I bought a lot of preferreds instead).

Added to my GILD @ $60.30/share and close to a 70% position. Dividend now at 4.4% and 11x PE.

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Added to preferred basket Buys & Sells

Sold some GOODN @ $25.20/share (yield 6.2% on market price) and put into
Gladstone Land Corporation 6.00% Sr B (LANDO) (6.2% on cost). My preferred basket now has 11 different issues, blended yield around 7% and basket just over a 2 year call to maturity period (GOODM 7% preferreds can be called in 2021).

GOODN and LANDO both monthly payers and pretty liquid.

My preferred basket is close to 9% of my taxable portfolio and basically where I park cash. Still have an equivalent amount in Credit Union which currently yields 0.60%.

EKS