On monday the 23th of April I decided to put my received dividends combined with a bit of fresh cash to work. I decided to buy 6 new shares of a company I already owned which has seen some recent weakness. This weakness, to me, seems like it was because of a sell-off in the entire Consumer Defensive sector. Nothing fundamentally changed in my view.
In the middle of every month I will update my current stocks watchlist, and post a top 3. Below are my reasons for looking at these stocks, for current valuations and a list of 25 stocks please visit my ‘Watchlist’ page.
I will explain my top 3 watchlist stocks briefly based on sentiment, P/E ratio and ‘% off 52 week high’:
I think for an average 22 year old who hasn’t worked instead of going to school I have quite a jumpstart to my financial life, but it can’t continue forever. Here I will explain what I did to get such a sum invested and why this year I will have to shift back a few gears.
Three months have passed already, the first full quarter of 2018 is behind us. Time to review month #3!