Recent addition: JD.com
On monday the 25th of June I decided to purchase my first ever ‘non-dividend’ stock. I decided to get myself 33 shares of JD.com, a Chinese e-commerce giant.
Recently I thought to myself that my foundation of defensive stocks had reached a very decent level, I will obviously keep adding to these stocks and I will keep on searching for new bargains. But because of this thought I figured it would be good for my long term portfolio to add some growth stocks as well. I have been looking at Alibaba, JD.com and the recent IPO of Adyen in Amsterdam.
While Adyen soared around 100%, Alibaba and JD have hit some recent weakness, this made me initiate a position in the latter. Ideally I would have bought a bigger position but I need to save up some extra cash for the near future unfortunately.
I hope I’ll be able to buy more shares soon, and also start a new position with Alibaba. My main focus will remain dividend growth investing, but I’m looking more and more to broaden my horizon.
Do you have some non-dividend paying stocks, if yes; when did you decide they were a good fit for you?
I’m very interested in all of your answers!