I talked with a few people and good friends about documenting the stocks Skyy and I buy as time moves on. I wasn’t sure at first, but after some thought I decided to give it a try. As long as I document Skyy’s journey I want others to at least see what we brought and why we did.
To start I brought 11 more companies between August-October from my watch list when the market decided to go for a wild ride in August. Hence why I broke my rule of buying 10 or more shares at a time, it was just too good to pass up! I will list 5 companies on this post and the next 6 on the second “Recent Buys”.
Purchased 3 shares of BHP Billiton (BBL) on 8/26/15 for $ 32.34 per share
Purchased 2 shares of Caterpillar (CAT) on 10/28/15 for $ 71.50 per share
Purchased 2 shares of Chevron (CVX) on 8/26/15 for $ 72.14 per share
Purchased 2 shares of Diageo (DEO) on 8/26/15 for $ 104.53 per share
Purchased 5 shares of Emerson Electric (EMR) on 10/28/15 for $ 47.32 per share
I view all the stocks above except DEO as a huge risk because of the large downturn in oil prices! They all have advantages around the world and have been down before and bounced back. The oil situation has been a special case the past 600 days, but I believe these companies will pull through and flourish as they have in the past. There is money to be made and I will not miss this opportunity like I did in 2008, whether its big or small.
-Live Long & Prosper
Full Disclosure: Long BBL, CAT, CVX, DEO, and EMR