Sold 17 shares @ $56.25 of Vodafone Group Plc (VOD)
As you see here VOD is overvalue.
Sold 8 shares @ $35.06 of AT&T Inc. (T)
I sold T because it only increase its dividend this year by only 2.2%. In the past 4 years it has only increase dividend by 2-3%. Here you see that it is fairly value.
Sold 5 shares @ $61.25 of Magellan Midstream Partners, L.P. (MMP)
Here MMP is overvalue.
I will buy into theses company once the price comes down below fair value.
The money that I received from theses sold shares I put right to work in buying and adding a new position. I will post about the recent buy soon.
Have you sold anything recently?
Good job taking some profit Financial Freedom. It really looks like you made a nice move in MMP. I haven't sold much lately, but that's because I've been under invested, and haven't seen anything really tempting for my "swing trade money". Have a great week and a Happy New Year
ReplyDelete-Bryan
Thanks fast. Yea i found them to be overvalue and I use the money to buy ESV that has great growth in the future.
DeleteHi FF,
ReplyDeleteAT&T will increase its dividend every year by $ 0.01 more. Therefore, the percentage increase is always lower, if the share price will increase.
I also have VOD in my portfolio.
I think they are not overvalued, because in January 2014, they will make the deal with Verizon (http://www.vodafone.com/content/index/investors/verizon-wireless-transaction.html)
Best regards and have a good year 2014! :-)
D-S
With T there is not a lot of growth that's why I sold.
DeleteAfter they finish with VZ and VOD deal I will look at VOD and how it does after the deal.
Thanks for commenting and best of luck to you in 2014 as well. :)
I am not addicted to trading on daily basis but I love mcx trading, my advisor provider a best intrday call Mcx Tips.
ReplyDelete