Recent Buys

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 100 shares of Energy XXI (EXXI) on 4/11/16 for $ 0.61 per share

Purchased 10 shares of Frontline (FRO) on 4/15/16 for $ 7.74 per share

Purchased 10 shares of Enterprise Product Partn. (EPD) on 4/15/16 for $ 24.01 per share

Purchased 30 shares of Frontline (FRO) on 6/1/16 for $ 8.69 per share

At this point I still hate EXXI as I have sold the company at a lost of $720 and this is why you should not have to many speculative plays in your portfolio because loses can/will happen. Enough of that stock!

I have continued to add to my position to Frontline which they have raised their dividend once again and I will continue to take the Dividend as Cash and will invest it in better companies. Hopefully this Tanker stock can keep treating Skyy and I well unlike EXXI. smh I also brought Enterprise Product Partners as a new position and they have already given us a raise! I can honestly see great things happening with this company, but as we all know time will tell. Always allow money to work for you and not the other way around!

Work Hard or Work Smart?

Full Disclosure: Long FRO and EPD

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2 thoughts on “Recent Buys

  1. Came across your blog, looks like EXXI kinda went down hill for you, but on the other hand once you get Front Line averaged down its going to treat you well. Wish you good luck and will check back.

    1. Hilo, Yes it was one of our speculative plays, just have to learn to be more careful in the future. For Frontline yes that is the plan to average down, can’t wait to see how it turns out by the end of the year. Hopefully it all works out.

      Thanks for stopping by!

      DM

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