What Did You Buy Today?

[Main Street Stock Investor]

The market gave us a gift in October with a minor pull-back, energy and industrials were hit the hardest. I added the following partial positions to my portfolios: BP, OXY, COP, CVX, XOM, IBM, BDX, DOV, JNJ, KO, EXC, SWK, V, MSFT, OKE, LLY, BOH, FEZ, DIA, SPY, XLE, MMM, and DUK. My cash strategy is to hold 10%-25% cash in each portfolio so I have available cash for purchasing additional shares of my favorite stocks on dips like we experienced in October. Because I periodically sell partial positions when I reach a target profit, the cash is quickly replenished. My annual trading income exceeds my annual dividend income on most of my stock positions.

M$$I