March 2020 has been one of the craziest months in the stock markets ever. Global pandemic and an oil-price war has let us see one of the most significant drops in the market ever.
It’s exciting to see lower prices in a market that has felt very expensive for a good while now, but the consequences of the covid-19 has been severe, and it’s hard to be excited about good deals when people lose their jobs and die from the virus.
I have made some purchases this month, Leggett and Platt (LEG) and Disney (DIS) were new positions in my portfolio while I bought more shares of DNB (Norwegian bank) and Realty Income (O).
Even though all of the new purchases have decreased in price since I bought them, it has increased my annual expected dividend by about 60% which I am very happy about. None of my stocks have announced cuts of suspensions of dividends, but the norwegian stocks are the most risky in that regard.
Time will tell what April has in store, I plan to add one or two positions when I get the chance.