Sunday, January 4, 2015

Added shares of AT&T to an IRA account

When good stuff is cheap, ya buy it. Last week I picked up AT&T (T) at a yield of 5.57%. It wasn't the best price I've ever gotten on the stock, but it was a good one. I used the proceeds from the recent Realty Income sale.

Not too much to say here, just that as long as a good, solid company like AT&T trades at just 10 times earnings, I will continue to add shares when I can. I am also auto-reinvesting the dividends.

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