Stock Purchase: Union Pacific Corp (UNP)
I recently sold off another sizable chunk of mutual funds from my 401k account as part of my conversion of 401k mutual funds to dividend growth stocks. The goal of this Dividend Retirement portfolio is to invest in high quality dividend paying stocks that have solid, stable businesses and perpetually increase their dividends. My recent mutual fund sales raised about $16k which allows me to initiate 5 new positions (~$3k each). Last month I went on a tear and spent $30k on 10 different companies that represented 9 different sectors – not a bad start. With this new cash...
