Recent buy – 3M Company - May 2018

A new addition to my Vrijheid Fonds.

Last week I made my third buy in 2018 for my Vrijheid Fonds.

After my analysis of 3M, I decided to pull my buy-trigger. If you haven’t read my analysis, please take a look at this post about 3M Company (MMM) Stock Analysis Pollie Style – 2018.

www.polliesdividend.com

Purchase

Last week I bought 9 shares of MMM at $194.77 per share (incl. fees).

With this buy I added a little bit more than €26 (after taxes) of dividend to my Vrijheid Fonds for this year.

The projected dividend income for 2018 for my Vrijheid Fonds is €3,458.

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!

Cheers,

Pollie

Disclaimer: I’m not a registered investment adviser, investment professional, brokerage firm or investment company. Readers are advised that information on the website is issued solely for information purposes and not to be construed as an offer or recommendation to buy, hold, or sell any securities. All information, opinions, and analyses included are based on sources believed to be reliable, but no representation or warranty is made concerning accuracy, correctness, timeliness, or appropriateness. Please consult with an investment professional before investing any of your money.

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12 thoughts on “Recent buy – 3M Company – May 2018”

DutchIndependence May 11, 2018 at 4:44 pm

Great choice, happy to share yet another company with you!

Pollie Post authorMay 11, 2018 at 6:18 pm

Thanks!

Reply

Stepstofi May 12, 2018 at 1:44 am

Nice purchase! I also bought some recently. MMM is rarely at this kind of price so better snatch some before it goes back to higher prices.

Pollie Post authorMay 12, 2018 at 7:16 am

Thanks, i hope to see this kind of opportunities more often 😜

Reply

Mr. Robot May 12, 2018 at 8:30 am

It was a matter of time before we saw you buy this company after your previous analysis. Congrats on yet another excellent buy.

Pollie Post authorMay 12, 2018 at 9:01 am

Thanks 😁

Reply

KeithX May 12, 2018 at 2:17 pm

I added shares a couple of weeks ago for $200 per share. I think we will do fine for a long period of time, even if the price does come drop in the short term. Always nice to have you as a fellow shareholder, Pollie.

Pollie Post authorMay 12, 2018 at 2:40 pm

Hello Keith,
Thanks, and I agree that MMM is a good stock to own for a long period. It is a solid company with great financial history.
Cheers,

Pollie

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