Since I began investing in dividend stocks approximately a year and a half ago I've been keeping a personal log of what other dividend bloggers and dividend investors are buying. Until now, I've just done it for my own personal knowledge and it has proven to be a great resource I use when I have no idea what I should buy.
The collection essentially highlights the recent buys I have discovered throughout the dividend blog community. I always like to see what others are buying. And with this collection, one can easily see all the buys in one centralized source. In November of 2014, I started making my collection of Recent Buys available on my blog for everyone. I Hope everyone has found it to be a great resource!
In case you just want a quick summary of what everyone has been buying this past month, below is a chart that depicts just that! :)
(The chart and table above only includes companies with more than 1 buy)
After a month where I only found 24 buys around the dividend blogging community, the month of March definitely saw a spike in activity. In March, even though we probably missed a few buys while on our mini-vacation, we recorded a total of 62 buys this past month from fellow dividend bloggers.
Out of a total of 62 buys found around the dividend blogging community, 9 companies were bought more than once. It appears that oil and energy is still leading the way in terms of overall purchases but the 9 companies that were purchased more than once came from multiple sectors. Phillip Morris International Inc (PM) lead the way with a total of 7 buys, followed by Royal Dutch Shell (RDS.B) with a total of 6 buys, and National Oilwell Varco (NOV) rounded up third place. There was a 2-way tie for fourth (T and TROW) and a 4-way tie for fifth (XOM, COP, JNJ, and OHI).
Our family made a total of 7 buys this past month. Of the 7 purchases, 5 were stocks in companies that made the list above (PM, RDS.B, NOV, JNJ, XOM). I have to admit that I prefer to follow the masses when it comes to investing. To me, it certainly helps validate the buy when you see others buying the same stock. When thinking independently, odds are generally higher for one person to be wrong than several individuals, right?
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As with my collection of stock analyses, my goal is to make this collection also become a centralized source for everyone. It could become a place where one can get ideas on what to invest in next, to establish a desired stock purchase price, or simply to see what your favorite bloggers are buying. Whatever your reason, my hope is that this collection proves to be a great reference tool and helps provide you that little extra advantage that you are looking for in order to succeed with your investing.