Aloha Investors!
Today’s market really surprised me with most of the tech sector leading the market. I didn’t expect Apple to increase by 7.78 points or 4.69%. I believe investors are supporting the increase in Apple’s buyback program and dividend increase. Apple will increase its buyback program by $90 billion and dividends by 4%. I ended up buying more Apple even though the stock was positive. I learned from the great Warren Buffett that you should never time the market.
I also have been looking into lithium producing companies to prepare for the need for all those EV car batteries the US will start to make in the next decade. Two companies I have my eye on are Albemarle Corp. (ALB) and Livent Corp. (LTHM). I will be doing more research on these two companies before starting to buy shares. I will keep all you investors updated.
My Investments for Friday, May 5, 2023
Combined Value of – $236,446.97
Individual Stock Account – $134,609.92
Starting buying power: $372.54
Buying power remaining: $7.96
Apple (AAPL) – 2 Shares
Price per share – $173.80 = $347.60
AT&T (T) – 1 Share
Price per share – $16.9829 = $16.98
Dividends for May
Qualified Dividend AT&T (T) – $32.00
Dividend Reinvestment (DRIP) – Bought 1.813 T @ 17.6523
Roth IRA – $72,315.29
Starting buying power: $281.49
Buying power remaining: $26.17
Vanguard High Dividend Yield Index Fund ETF Shares (VYM) – 2 Shares
Price per share – $104.384 = $208.77
Vanguard FTSE Developed Markets Index Fund ETF Shares (VEA) – 1 Share
Price per share – $46.545 = $46.55
Dividends for May
No dividend payouts as of 05/05/2023
Traditional IRA – $29,521.76
No shares bought at this time
Next investment: 05/19/2023
Buying power remaining: $14.86
Dividends for May
No dividend payouts as of 05/05/2023
It’s Never Too Late To Start Investing!