Every dollar working on my behalf means my family will have to worry about less in the future. Since money doesn’t sleep, get tired, or get sick (unlike humans) I’d rather my money work for me rather than the other way around.
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!
Purchased 10 shares of Kinder Morgan (KMI) on 10/28/15 for $ 27.53 per share
Purchased 10 shares of Old Republic International (ORI) on 10/28/15 for $ 18.10 per share
Purchased 10 shares of Montana Dakota Utilities (MDU) on 11/5/15 for $ 19.47 per share
Purchased 100 shares of Breitburn (BBEP) on 11/5/15 for $ 2.46 per share
I have continued to add to my positions to all the stocks above and Kinder Morgan has continued to make a pretty good recovery from its 52 week lows. Breitburn continues to get punished by Oil and as time moves forward we will see if they survive this huge drop in Oil that has been going on for the past 21 months!
Since my last “Recent Buy” post 2016 has still been a pretty rough 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 KMI, ORI, MDU, and BBEP