Dividend Growth Investments for October 2nd

Good Morning,

I wanted to let you know that I added to three existing positions. All three positions have been beaten down, and are deeply unfavorable. I believe that these companies offer a service to their customers, who do not really have much of a choice. In other words, they have a competitive advantage.

Mr Market does not believe that right now, but we should also remember that he is there to serve us, not to instruct us. It's also possible that I am wrong too however. I do believe that buying unloved merchandise at a lower valuation increases the potential for future returns. When equity prices are lower, I also get to lock in a higher starting dividend yield.