With three weeks of September in the rear-view mirror, it is time, once again, to highlight my recent stock purchase. As market volatility remains the flavor of the day we are being presented with some pretty good buying opportunities if you can stomach these wild up and down swings. Of course, if you have a long-term horizon for your investment plan then over time these wild gyrations will be smoothed out and these daily ups and downs should not be much cause for concern.
Keep investing, stay diversified and try not to get shaken out of the market when things really do dive. I always state that I make my monthly buys no matter what’s going on in the market or the world for that matter and this month is no exception. With that being said let’s take a look at my September stock buy. Sticking to my September 2018 Stock Considerations:
I have added to my ROTH account 10 shares at $70.10 for a total investment of $706.95 in Dominion Energy, Inc. (D). This is a new holding in my ROTH. I also hold 94 shares of D in my taxable account with a market value of $6,610.08.
When the market makes new highs it seems that utilities go on sale. Of course, I don’t pay much attention to daily, weekly or even monthly gyrations it’s the long-term outlook that helps me base current buys. As mentioned in my September 2018 Stock Considerations I am also considering adding a new holding to my portfolio, PPL Corporation (PPL). Still, haven’t pulled the trigger on that one but with another week plus left of trading days in September I may.
