It feels really good to be in a position to continue to put fresh capital to work. Anyone can look at the stock market like any other market or store. It offers a lot of merchandise, some expensive, some cheap. In the end it’s up to the individual to pick what’s best for them!
As I mentioned in the previous “Recent Buys” I will show the other 6 stocks I brought when the market went for a wild ride in the Fall of 2015.
Purchased 2 shares of Unilever (UL) on 8/26/15 for $ 40.10 per share
Purchased 2 shares of Waste Management (WM) on 10/26/15 for $ 50.22 per share
Purchased 2 shares of Philip Morris (PM) on 8/26/15 for $ 78.42 per share
Purchased 3 shares of Wal-Mart (WMT) on 10/20/15 for $ 58.84 per share
Purchased 2 shares of Johnson & Johnson (JNJ) on 10/28/15 for $ 99.75 per share
Purchased 6 shares of Spectra Energy(SE) on 8/26/15 for $ 26.91 per share
All the stocks above do business all over the world except WM and SE and I want to continue to add to my positions as time moves on. Even though I broke my rule of buying bulks of 10 or more I just couldn’t pass up the opportunity since stocks dropped so much around the time of purchase. Out of the six above I am positive for three of them and receiving dividends from all of them as my wealth grows, which is always a great thing!
Even though 2016 has been pretty rough in the first two months so far, we still have a long road ahead of us. As long as you have some stable companies on your side you should be able to ride this wave 2008 style just fine.
-Live Long & Prosper
Full Disclosure: Long UL, WM, PM, WMT, JNJ and SE