Image Source: With February already underway and the markets on a nice uptrend, I decided to add to some of my lagging existing positions. I couldn’t resist these juicy yields, as a result of stock price declines, and decided to deploy a larger amount of cash this month when compared to my last quarter buys. My preferred method has always been to dollar cost average into stocks. I nibble here and there every month no matter the market conditions. Sometimes my dollars buy me quite a few shares, other times the same amount buys me less. Either way, I am building up my positions and slowly increasing my passive income stream. With that being said here are my buys for January:
As you can see, I stuck to my list again with an additional small buy in Leggett & Platt, Incorporated and Pfizer Inc. In all, almost $1,300 of fresh capital has been deployed in January as I set out to beat my 2023 annual dividend income. What have you been buying in January? Please let me know below.More By This Author:Dividend Income Update December 2023January 2024 Stock ConsiderationsRecent Stock Purchase For December 2023