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 55 shares of Fed. National Mortgage (FNMA) on 9/26/16 for $ 1.72 per share
Purchased 35 shares of Aberdeen Income Fund (FAX) on 9/26/16 for $ 5.07 per share
Purchased 140 shares of NXT-ID (NXTD) on 9/26/16 for $ 2.99 per share
Purchased 21 shares of Cornerstone Fund (CLM) on 9/26/16 for $ 14.86 per share
Well well well here we are at another Recent Buys and the American people have picked Donald Trump as the next American president this November. Its been about 1 week since the elections and the markets have hit all-time highs, wonder how high they will go!
Back in July I initiated a position in the Cornerstone Fund(CLM) and the Aberdeen Income Fund(FAX) and will continue to add Money to these funds. I will continue to do so for the foreseeable future or when one of them breaks the criteria for doing so.
As you can see above I bought 55 shares of FNMA & 140 shares of NXTD. I decided to branch out and try a few companies that don’t pay a dividend. As of right now since Trump has taken office both of those picks have turned out Great. I may hold both for the long term, but currently I have not made a solid decision on that as of yet. In the end time will tell and let’s hope we can end 2016 strong as we only have about 45 days left.
Work Hard or Work Smart?
Full Disclosure: Long FAX and CLM