Why I just invested another $1,000 in my favourite ASX 200 stock

MotleyFool04-27

I used the recent market sell-off to invest again in the S&P/ASX 200 Index (ASX: XJO) stock Washington H. Soul Pattinson and Co. Ltd (ASX: SOL). I wish I had millions of dollars to invest, but this ...

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I wish I had millions of dollars to invest, but this ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/27/why-i-just-invested-another-1000-in-my-favourite-asx-200-stock/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I just invested another $1,000 in my favourite ASX 200 stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I just invested another $1,000 in my favourite ASX 200 stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-27 03:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/04/27/why-i-just-invested-another-1000-in-my-favourite-asx-200-stock/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I used the recent market sell-off to invest again in the S&P/ASX 200 Index (ASX: XJO) stock Washington H. Soul Pattinson and Co. Ltd (ASX: SOL). I wish I had millions of dollars to invest, but this ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/27/why-i-just-invested-another-1000-in-my-favourite-asx-200-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7083","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://www.fool.com.au/2024/04/27/why-i-just-invested-another-1000-in-my-favourite-asx-200-stock/","article_id":"2430738142","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430738142","pubTimestamp":1714159800,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"I used the recent market sell-off to invest again in the S&P/ASX 200 Index (ASX: XJO) stock Washington H. Soul Pattinson and Co. Ltd (ASX: SOL). 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Cheaper valuation As we can see on the chart below, the Soul Patts share price has dipped over the last few weeks, which is great for me because I was able to buy more at a pleasingly cheaper valuation.  The lower the share price we buy at, the bigger the margin of safety it gives and it means capital gains are more likely. Another advantage of buying at a lower price is that it boosts the prospective dividend yield. For example, if a business with a 4% dividend yield falls 10%, then the dividend yield becomes 4.4%. So, a lower Soul Patts share price can mean better capital gains and stronger dividends. Strong portfolio There is a lot of uncertainty surrounding inflation and where interest rates are going in the medium term. With interest rate cuts still seemingly a long way off, it's possible that some of the stocks that have rallied the hardest in the last six months may face a bit of a re-rating to that new reality. Some investors were hoping for rate cuts in the first half of the year. Soul Patts' portfolio is designed to be defensive and provide resilient cash flow to the company. The ASX 200 stock is invested in a number of sectors that are not highly aligned to the volatility of markets and the economy, such as telecommunications, resources, agriculture, swimming schools, industrial property and a few other areas. I think it's well-suited to ride through whatever happens next in the year or two. Long-term Ideally, I'd like to own the ASX 200 stocks I invested in forever. That means I'd never have to trigger a capital gains tax event, which means I can avoid paying tax unnecessarily. But, it only makes sense to own something for the long term if it's a good choice.  Soul Patts has shown over the long term that it can adjust its portfolio to be focused on the right areas. The fact it can change its investment portfolio, with the flexibility to invest in almost anything, is a great characteristic. 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