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 Realty Income (O) on 1/4/16 for $ 51.00 per share
Purchased 10 shares of Kinder Morgan (KMI) on 1/12/16 for $ 13.64 per share
Purchased 10 shares of Health Care Partners (HCP) on 2/22/16 for $ 28.92 per share
Purchased 10 shares of General Electric (GE) on 2/22/16 for $ 29.37 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. Realty Income has continued to march up and I don’t plan on adding anymore until it comes back down to the high 40’s or low 50’s.
Health Care Partners has continued to impress after there huge drop in the mid 20’s earlier this year. (Love picking up shares of great companies at lower prices) Also General Electric has been performing pretty great, especially with the spin off of its Financial sector after the financial crisis of 2008.
We are currently 4 months into the new year and things are still looking good but as many of you know OPEC has dropped the ball at Doha, Qatar this past weekend. Hopefully all of the energy stocks Skyy and I own can pull through strong this year!
-Live Long & Prosper
Full Disclosure: Long O, KMI, HCP, and GE