On wednesday 2 May I decided to sell my Ahold Delhaize shares for a profit of 38% as they pay dividends once a year and have no significant history of raising their dividends on a yearly basis. Together with some received dividends and the proceeds from this sell I decided to buy into two great companies which have been on my watchlist forever.
The fourth month of 2018 has passed and we are truely underway towards the halfway mark, it’s been an eventful couple of weeks for me. A new job after having an ‘easy year’ and a lot of new things to take care of, nothing too serious but it used up a lot of my time anyway. Let’s get to it never the less:
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.