This is my last purchase in October and this week it’s the turn of the Consumer Defensive sector to be the lowest weight in my Portfolio. I tend to buy from the lowest valued sector as it suggests relatively cheaper shares but until I’ve built up bigger positions, the weighting is primarily influenced by purchases. But at any rate it’s a good excuse to cycle through some stocks to see what’s what. My last purchase was back in July when I bought PG which means the sector has been doing well compared to others such as Energy which were lowest twice during that same period.
I’ll be taking another step towards Independence on Tuesday as I look to add to my portfolio with Consumer Defensive dividend stocks. This sector has the lowest weight in my dividend stock Portfolio and the sector contains some great dividend paying companies so I’m onboard to go shopping.
Continue reading “July Purchase – Consumer Defensive dividend stocks”