Wednesday, January 6, 2016

1st buy of 2016: PG




On January 6, 2016, I bought 13 shares of the Proctor and Gamble Company (PG) at $77.85 per share for a total of $1,019.05. PG is not cheap but it is at fair value based on forward FCF. I want 3 more shares to make it an even 50. 

China, North Korea, lots of fun stuff. I am using this opportunity to pick up some consumer staples. UL, CL, and SCHD are looking attractive. 

My dividend fund stands at $2,189.22 +FCISX distribution. 

2 comments:

  1. I really would like to load up on some more PG. Technically it looks close to support but that P/E ratio is keeping me from pulling the trigger. Great company with great brands! Thanks for the update.

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    1. hi CD, I am probably going to buy PG twice this month. Now and on January 26th. The 26th is when PG announces its results. I can't tell if it will be good or not but if the earnings are bad expect PG to drop to $70-65. Then you can crush it and buy a bunch. Thanks for visiting

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