A new buy for my Vrijheid Fonds.
This month we saw a nice dip in the market. And with some money left in my broker account I couldn’t resist to pull my buy trigger. I averaged down one of the Dividend Aristocrats I own. This week I made my sixth buy in 2018 for my Vrijheid Fonds.
In the spring of this year I did an analysis of 3M. If you haven’t read my analysis, please take a look at this post about 3M Company (MMM) Stock Analysis Pollie Style – 2018.
This week I bought 6 shares of MMM at $187.43 per share (incl. fees).
With this buy I added a little bit more than €24 (after taxes) of projected dividend to my Vrijheid Fonds. Now I own 15 shares of 3M and this position produces € 61 ($69) after taxes in dividend income annually.
Again a small step in my journey and one-step closer to my goal.
Has anyone else invested in this company recently? Any feedback is greatly appreciated!
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