Investor's Opinion

Portfolio Update: First Trade of the Year

Published: 2013-02-16 17:29:00 EST by Unknown

The date of this post is the 16th of February, and it has been a while since my last post. About a month and a half. The reason being that I haven't had an order execute this year until yesterday.
Yesterday's order was for BGS. A company with a portfolio of grocery items. I chose this one to add to my portfolio because it has a dividend yield of 3.8% and pays out on the first phase of the quarter. This is particularly good because I only had one other stock that paid out on the first phase of every quarter, AGNC. Other than that, I also collect the monthly distribution from the TLT.
Recently, BGS had a quarter that was below expectations, but I am confident that it is not too serious of an issue. I am actually looking forward to a little more of a short term decline in order to increase my position at lower prices. This lower price will also increase the yield amount for this stock. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page.
AGNC - American Capital Agency Corp
BGS - B&G Foods, Inc.
TLT - iShares Trust Barclay's 20+ Year

Labels: stock picks, stock strategies

Updated: 2013-03-02 03:03:41 EST