Money and Finance
Hi Everyone,
I just logged into my retirement account and noticed that the RAI, LO merger has gone through. My 33.69 shares of LO turned into 9.89 shares of RAI and a deposit of $1,717.10 into my account.
So what would you do?
Would you immediately buy shares in RAI? Would you spread the money out into other stocks? Would you buy a different tobacco company like MO or PM to stay in the same area as LO but could provide better returns than RAI that has a PE of 25?
I currently have a list of 5 other stocks that I would like to be a part owner of so I could easily spread the money out into those. They are OHI, DPS, DE, T and BA.
At the time of the LO merger, I was receiving roughly a 3.65% yield on my money so I would like to get at least that through a single purchase or a combination of different companies so I do not lose out on any dividend income.
I'm leaning towards buying some more OHI since they are still depressed a good bit and then some DPS because they have fallen from their highs by roughly 8%. I'd be looking to initiate a position on a 10% pullback.
Any advice is greatly appreciated. One of my best picks is now gone... :( If I had it my way, LO and RAI would have never merged, but so is life.
Lets try to pick out my next best performer!!
ADD
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Money and Finance
What would you do? RAI Merger
Hi Everyone,
I just logged into my retirement account and noticed that the RAI, LO merger has gone through. My 33.69 shares of LO turned into 9.89 shares of RAI and a deposit of $1,717.10 into my account.
So what would you do?
Would you immediately buy shares in RAI? Would you spread the money out into other stocks? Would you buy a different tobacco company like MO or PM to stay in the same area as LO but could provide better returns than RAI that has a PE of 25?
I currently have a list of 5 other stocks that I would like to be a part owner of so I could easily spread the money out into those. They are OHI, DPS, DE, T and BA.
At the time of the LO merger, I was receiving roughly a 3.65% yield on my money so I would like to get at least that through a single purchase or a combination of different companies so I do not lose out on any dividend income.
I'm leaning towards buying some more OHI since they are still depressed a good bit and then some DPS because they have fallen from their highs by roughly 8%. I'd be looking to initiate a position on a 10% pullback.
Any advice is greatly appreciated. One of my best picks is now gone... :( If I had it my way, LO and RAI would have never merged, but so is life.
Lets try to pick out my next best performer!!
ADD
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...
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Hi Everyone, Well, after our sell of Realty Income (O) we have put an additional $3K to work or a total of about $6K. First we went and bought RAI and now we have purchased BNS, AMGN and STJ! Reasoning behind all the purchases: Bank of Nova Scotia:...
- Recent Buy - Reynolds American Inc. (rai)
Hi Everyone, Another purchase is in the books. After my sell of O, I had a decent amount of funds. RAI has pulled back just a tad off its 52 week high and the quarter looked really good. Not to mention is that they just raised the dividend...
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Hi Everyone, Another building block to the American Dividend Dream has been bought. This time, a little bit smaller of a purchase than some of the previous ones but a purchase nonetheless. Personally, these buy posts make me hungrier than ever...
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