Money and Finance
This morning I set a limit order in my Roth IRA to pick up some more shares of Norfolk Southern Company. I was able to purchase 11 more shares at a price of $60.96. This was exactly $1.00 lower per share than my purchase last week. My fair value price for NSC sits at $67.03, so I was able to pick up the shares at a 9.50% discount. This pretty much exhausted my capital for my Roth IRA until I can add to it next year. Our MAGI should be less than the limits for next year so we should be able to continue contributing to it.
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- Recent Buys
Last week was quite a busy week for both my FI Portfolio and my Roth IRA. I made 3 purchases between the two accounts and while that hurts my capital raising for an investment property, I felt all 3 represented good value at the time so I went ahead...
- Recent Buy
To close out May, I decided to go on and purchase some shares of Chevron. I've been eyeing shares for a while now and finally pulled the trigger. I think I was early on the purchase because there's still about 2.5 more months until the next...
- 2013 Roth Ira Contribution Limit Increased
The contribution limit for IRA's in 2013 increased from $5,000 to $5,500 if you're under the age of 50 and from $6,000 to $6,500 if you're over the age of 50. Of course as usual there are income limits imposed in order to make a Roth IRA...
- Recent Buy
Yesterday morning I put in a limit order to pick up 34 more shares of Kinder Morgan, Inc (KMI) at a price of $33.35. It would have triggered early in trading but I didn't put in the order until later in the morning after the price had already recovered....
- Recent Buy
This afternoon I purchased 20 shares of Norfolk Southern Corporation (NSC) for $65.14 per share for my Roth IRA. My total cost basis after commission is $1310.75 or $65.54 per share. NSC has increased their dividend twice this year which is a good sign...
Money and Finance
Recent Buy
This morning I set a limit order in my Roth IRA to pick up some more shares of Norfolk Southern Company. I was able to purchase 11 more shares at a price of $60.96. This was exactly $1.00 lower per share than my purchase last week. My fair value price for NSC sits at $67.03, so I was able to pick up the shares at a 9.50% discount. This pretty much exhausted my capital for my Roth IRA until I can add to it next year. Our MAGI should be less than the limits for next year so we should be able to continue contributing to it.
Read more »
- Recent Buys
Last week was quite a busy week for both my FI Portfolio and my Roth IRA. I made 3 purchases between the two accounts and while that hurts my capital raising for an investment property, I felt all 3 represented good value at the time so I went ahead...
- Recent Buy
To close out May, I decided to go on and purchase some shares of Chevron. I've been eyeing shares for a while now and finally pulled the trigger. I think I was early on the purchase because there's still about 2.5 more months until the next...
- 2013 Roth Ira Contribution Limit Increased
The contribution limit for IRA's in 2013 increased from $5,000 to $5,500 if you're under the age of 50 and from $6,000 to $6,500 if you're over the age of 50. Of course as usual there are income limits imposed in order to make a Roth IRA...
- Recent Buy
Yesterday morning I put in a limit order to pick up 34 more shares of Kinder Morgan, Inc (KMI) at a price of $33.35. It would have triggered early in trading but I didn't put in the order until later in the morning after the price had already recovered....
- Recent Buy
This afternoon I purchased 20 shares of Norfolk Southern Corporation (NSC) for $65.14 per share for my Roth IRA. My total cost basis after commission is $1310.75 or $65.54 per share. NSC has increased their dividend twice this year which is a good sign...