What Did You Buy Today?

[fenders53]

(04-08-2020, 11:27 PM)crimsonghost747 Wrote: Added yet again to fenders' favourite, Red Electrica de Espana. (REE)
I'm seeing less and less good deals in the US markets, and my little plan for this coronavirus says to resume buys there if the sp500 falls to 2500. That is for extra buys, of course my regular monthly contribution will always go into the market no matter what.

So REE is where I go to, and I've been nibbling quite a bit recently.
Over 90% of their revenue comes from electric grids, both from owning the lines as well as managing the whole system. So that revenue stream and profit is not going anywhere, there could be maybe slightly less income if the electricity consumption goes down due to some factories being shut down, but it won't have a huge effect.
Excluding this coronavirus thing, the last time the price hit 15 euros was in the beginning of 2014. Dividend is pretty juicy around 6.5%.

I just don't see how I could go wrong with this one long term unless Spain turns into zombieland.

You're making Eric and I very proud lol.  And I think most of us agree on US stocks.  There are probably still some good deals,
 just don't ask us to prove it.