Thread Rating:
  • 5 Vote(s) - 4 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What Did You Buy Today?
Bought some JNJ today
PM, 120 shares just under $81 (which was my target buy). i LOVE panic sells like this ;-)

Ronn
If I wasn't already sitting on 175 shares of PM, I'd be buying it hand over fist. Though if it drops below $80, it will be hard for me not to make PM close to 10% of my portfolio.
PM

Added to my position
Had a 1/2 position in EPD, made it full as it dropped below $29.80.
I'm waiting to initiate a 1/2 position ion WPC if it gets below $58.50
I'm way overweight in Energy and Real Estate right now, but that's were the deals are...

Blue Light special on isle 7: Energy and REIT's...

;-)

Ronn
(06-28-2015, 07:32 PM)earthtodan Wrote: How did you decide on BMY? On paper it looks very expensive to me, but I've never researched it.
I go with my gut reaction. And I probably break every rule in the
investment universe!
In 1974, I made my first investment in an IRA with $2000. A friend of mine knew a stock broker who put me in a mutual fund who's name escapes me. I lost money the first quarter. I figured I could lose money by myself. I took what was left of my original investment and put it in a fund called "Magellan", managed by a guy named Peter Lynch. Added $2000 a year for 3 more years. I kept it there 'til the year 2000 when the dotcom bubble burst. I got out quick with enough money left to put 2 kids through (expensive) private school. Probably the best investment I've made.
And I've made similar investment forays off and on throughout the years.
My "gut feelings" (i.e."DGI") have served me well and I'm 63 so I see no reason to change now.
Yes, you're right, BMY IS expensive...most folks probably think MMM is too, but I'll still put my money where my gut tells me (MMM among others).
Thanks for asking, Dan. BTW, I wouldn't recommend my investing style. So far, so good.
Regards,
kayboy
Added 10 UTX
Opened a position in XOM.
Initiated a position in UNP today at 96. I'm stewing that I didn't grab it yesterday at 95!
(07-01-2015, 01:21 PM)Dash Wrote: Initiated a position in UNP today at 96. I'm stewing that I didn't grab it yesterday at 95!

In a year, you'll be happy you got it at $96 ;-)

Ronn
As hoped, I bought some XOM, PH, OHI, and BRK-B this morning. All new positions except for XOM!
I couldn't decide what to do the other day. I was going to fulfill my position in EMR the other day but didn't pull the trigger. Today, I decided to go in a couple of positions, instead of putting my full amount in just EMR.

I added to EMR and NSC.




Users browsing this thread: 82 Guest(s)