*Disclaimer. I am not a financial advisor or a licensed investor, this is a personal blog and it is not a set of recommendations to you. Always do your own research before investing in the market. Additionally, this article may contain affiliate links.
So, I did some purchases and sales on my Robinhood and Charles Schwab account. If you’re interested in opening a Robinhood account, click here and get a free stock. Remember investing can be risky, which is why it is important to do your own research and understand what you are buying.
- AGN (Allergan) – The merger with ABBV will be taking place in 2020. At that time this stock will be taken off the market and those who are stockholders will receive about $120.00 and 0.8660 shares of ABBV (Abbvie) per share. It is essentially a back-door in receiving ABBV at a discount. However, if it rises above 188.24, I will be selling it. This is because, per the merger agreement, the share price of the 0.8660, based on the June 24th closing price of $75.45. If my AGN share price rises above that then I will be losing money.
- JNJ (Johnson & Johnson) – This has been a mainstay in the global market for many years. It has also weathered past recessions. I decided this might be a good one to ‘recession-proof’ my portfolio.
- O (Realty Income) – This is a realty REIT. I have been wanting to invest in real estate for a while and I figure this might be the best way to get the foot in the door. Additionally, this provides a monthly dividend, which I like, so it allows me to have a steady income.
- BABA (Alibaba) – The reason I sold this is because I am rebalancing my portfolio to focus more on dividend stocks. This is a great growth stock and there is supposed to be a stock split, each share would become 6. It is supposed to occur sometime in 2020. So, it is still a decent buy, but you only make money when you sell at a profit.
- FAJTX (American FD 2055 Target Fund) – I did not sell all of it, only a few shares. It’s a Target-age account, and it is great to just set your money in and forget it. However, if you are like me, you like to be more active in your investing.
- TD (TD Bank) – I have held this for a while but I have not felt very confident with what I see going on in Canada’s housing market.
Like I said before, this is not any advice, this is based on what I see in the market and in the documents provided about these shares. You are welcome to use this as a starting point or to add to your portfolio, as long as you do your own research. I look at many factors, including the amount of debt a company has vs. profit or revenue