Week in Review April 27th to May 1st 2020
This week was pretty much a wash overall. The week started off good as my portfolio value was up by around $117 by the close of Wednesday, but come the end of the week all the gains were gone and then some. For the week I was actually down $23. With that said that did not stop me from making some additions to my portfolio. Purchases: Realty Income( O ): I bought 5 shares of Realty at $50.45 which is currently down about 33% over the last three months with most of that coming during the crash in March. Realty Income is a Real Estate Investment Trust or REIT and REIT's usually maintain higher dividend yields due to the fact that they are required to pay out 90% of taxable income back to shareholders. I see the potential to earn via growth in the stock price as well as the bonus of the dividend that is paid out on a monthly basis. Alerian MLP ETF( AMLP ): I bought 10 shares of Alerian at $4.63. Alerian is an Exchange Traded Fund or ETF that t...