What Did You Buy Today?

[rapidacid]

(03-04-2015, 01:00 PM)Main Street Stock Investor Wrote: rapidacid,

Enjoy monitoring your posts. I see several analysts opinions are a "buy" for ROK. Is this a stock you hold long term? Do you write options on your holdings? What made you pull the trigger today?

Any purchase I post here is intended to be held long term -> forever.

I will sometimes write covered calls on my individual equities, but one of the pillars of covered call writing is to be prepared to have the position to get called away, which flies in the face of my long term intentions. I write very few CCs these days save for some on KO, T, CLX, PG, KMB and other low beta names.

About 50% of the holdings in my portfolio are at full weight. The purchases I've posted here in the last few weeks / months have been holdings ( or initiations ) that I am working on bringing up to full weight.

I bought ROK today because it is in the bottom half of my holdings, but ranks as my 9th best idea according to my criteria.