Money and Finance
In the investing world of today, waiting for the right price doesn't take too terribly long. This is something that I need to remember as I'm currently sitting on a 25% and 21% cash position in my brokerage account and my Roth IRA respectively. That's a much bigger cash position than I would normally like to be at. When I have this much powder it's very tempting to go on and make some purchases to add to my dividend growth investments but overall the positions I want to get into just aren't at the right price right now. I was thinking of adding more to my recent Emerson purchase but that's out of the question with the recent 5% increase since my purchase.
It'll pay much more in the long run for me to wait, sometimes it's just hard to sit on the sidelines, but you never know when Angela Merkel might sneeze leading to a 5+% pullback in our markets creating much better buying opportunities. As Buffett said "Price is what you pay. Value is what you get."
- Recent Buy
I'm reporting another purchase from Friday to go along with my purchases of Chevron and ExxonMobil. This one came right before the close of trading and was very much welcomed. I didn't get the cheapest price because I missed out on following...
- Recent Buy
This morning I purchased 40 shares of Target (TGT) for a price of $61.81 per share. With the current dividend payment of $1.44 I was able to pick up the shares for a 2.32% YOC. I've been following Target for a while and the price just never quite...
- Recent Buy
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase...
- Powder Ready
It seems I was a little late for the last pullback but I now have some dry powder available for the next one that is sure to come. I'll be setting up some limit orders today on MCD, INTC, AFL and possibly just buy outright some JNJ. It'll be great...
- The Intelligent Investor
I've started reading Benjamin Graham's book "The Intelligent Investor" and have been amazed by some of the insights that he had. I'll be starting a new series referencing Mr. Graham and help to share and reinforce his knowledge to everyone...
Money and Finance
Patience
In the investing world of today, waiting for the right price doesn't take too terribly long. This is something that I need to remember as I'm currently sitting on a 25% and 21% cash position in my brokerage account and my Roth IRA respectively. That's a much bigger cash position than I would normally like to be at. When I have this much powder it's very tempting to go on and make some purchases to add to my dividend growth investments but overall the positions I want to get into just aren't at the right price right now. I was thinking of adding more to my recent Emerson purchase but that's out of the question with the recent 5% increase since my purchase.
It'll pay much more in the long run for me to wait, sometimes it's just hard to sit on the sidelines, but you never know when Angela Merkel might sneeze leading to a 5+% pullback in our markets creating much better buying opportunities. As Buffett said "Price is what you pay. Value is what you get."
- Recent Buy
I'm reporting another purchase from Friday to go along with my purchases of Chevron and ExxonMobil. This one came right before the close of trading and was very much welcomed. I didn't get the cheapest price because I missed out on following...
- Recent Buy
This morning I purchased 40 shares of Target (TGT) for a price of $61.81 per share. With the current dividend payment of $1.44 I was able to pick up the shares for a 2.32% YOC. I've been following Target for a while and the price just never quite...
- Recent Buy
With the early morning market selloff today, I pulled the trigger and added to my position in McDonald's. I picked up 25 more shares for $88.35. At the current dividend payout of $2.80 per share annually, my YOC for this purchase is 3.16%. This purchase...
- Powder Ready
It seems I was a little late for the last pullback but I now have some dry powder available for the next one that is sure to come. I'll be setting up some limit orders today on MCD, INTC, AFL and possibly just buy outright some JNJ. It'll be great...
- The Intelligent Investor
I've started reading Benjamin Graham's book "The Intelligent Investor" and have been amazed by some of the insights that he had. I'll be starting a new series referencing Mr. Graham and help to share and reinforce his knowledge to everyone...