Towards the end of last year, I added two new positions. With Ameritrade moving to $0 commissions I was able to average in a share or two per week. I eventually built up smaller positions in Honeywell (HON) and Cracker Barrel (CBRL). Honeywell is one of the highest quality industrial companies in the world and thus carries a rich … [Read more...]
Goals for 2020
Around the New Year most of us reflect on what we accomplished over the past 12 months. In my personal life I renovated my house, battled a minor health problem, and navigated a struggling industrial market at work. From a financial standpoint, my portfolio increased by nearly 50% YOY. In January 2019, it was valued at roughly … [Read more...]
Recent Buy: Cracker Barrel
You’re tired and hungry after a long grueling road trip. There’s a McDonalds at every rest stop but you’re just not in the mood. After all, you already had McDonalds for breakfast and stopped at two others to use the bathroom. At the same time, you don’t want to go too far into town. The traffic on main roads right now feels … [Read more...]
Recent Buy: Honeywell
With commission free trades taking over the marketplace, investors can now average in on a daily basis. A few weeks ago, I purchased Altria, only to watch the share price fall 15% in a very short period of time. The Juul vaping scandal came out of nowhere and absolutely destroyed the stock (for a while). Had I averaged in and … [Read more...]
Recent Buy: Altria
As I mentioned over the weekend, I bought two different stocks last month. My first purchase was drug company Abbvie (ABBV). In the previous post I outlined how Abbvie was a riskier company, but had numerous strengths and a strong dividend yield. My 2nd stock was none other than Altria (MO). Altria Group Inc. is the parent … [Read more...]
Recent Buy: ABBV
For the month of September, I went after a deep discount but took on some risk. I purchased 16 shares of Abbvie (ABBV) at a price of around $65/share. Abbvie is a global researcher, manufacturer, and marketer of pharmaceuticals. Products developed treat conditions related to autoimmune disorders, gastroenterology, neurology, oncology, … [Read more...]