Few things give me more pleasure than seeing my annual income rise, as well as buying stocks that have met some short term difficulties.
Tanger Factory Outlet (SKT)
Yesterday, I started a position in Tanger Factory Outlet (SKT). I bought 50 stocks which increases my annual income by $68.50. The thesis is that while Amazon is pushing a lot of retailers down, SKT seems like a company that might succeed despite Amazon’s dominance. I could write a lot about SKT, but I think Brian at SimplySafeDividends has written a splendid post about the stock. You can find it here: SimplySafeDividends on Tanger’s Factory Outlet Dividends.
From www.borsdata.se of course =)
My other purchase is Veidekke, one of Scandinavia’s biggest entrepreneurship firms. I was quite low on industrials, so I figured it would be smart to add to Veidekke now that it has declined a bit lately. The reason for the decline is that Norway has had very high property prices, and it seems that they might take hold or go down now. However this industry only makes up for 15% of Veidekke’s earnings, so if prices fall, Veidekke will still do good. The purchase increased my annual income by $40.
For more information on Veidekke, click here.
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That’s it. What are you buying now? What’s on your Watchlist? Please do tell!