Once again 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 Montana Dakota Utilities (MDU) on 12/2/15 for $ 17.61 per share
Purchased 10 shares of Kinder Morgan (KMI) on 12/3/15 for $ 20.04 per share
Purchased 100 shares of Breitburn (BBEP) on 12/17/15 for $ 0.57 per share
Purchased 100 shares of Frontline (FRO) on 1/4/16 for $ 2.93 per share
I have continued to add to my positions to all the stocks above and Kinder Morgan has once again continued to make a pretty good recovery from its 52 week lows. For some reason I really love Kinder Morgan and believe management has what it takes to push them in the right direction(Great Cash Flow maybe? haha) I also added to Breitburn again and it looks like oil is starting to stabilize so I hope they can pull through!
If anyone knows me/looks at Skyy’s portfolio knows I am a Dividend Investor at heart but like to take some risk at times! (Hey were both still young) That’s why I decided to add Frontline to the family for the new year, because I feel like there are more opportunities in the energy sector. Also it helps that they recently issued a $0.35 dividend per share!
We are currently 3 months into the new year and things are actually looking a lot better with the market, but as we all know things can change really fast as they do with life.
-Live Long & Prosper
Full Disclosure: Long KMI, FRO, MDU, and BBEP