The disconnect between stocks and the economy continues! Share prices are still trading close to all-time record highs, at least on the surface. Tech companies and Covid beneficiaries are surging. Meanwhile travel, leisure, energy, and many more businesses continue to struggle. In my personal portfolio, Apple, Fastenal, … [Read more...]
Recent Buy: MMM & JNJ
For my July purchase I added to my portfolio core. Some of my favorite companies were facing challenging short-term headlines, presenting buying opportunities. JNJ is facing criminal allegations on whether or not they knew about the toxicity of their baby powder. At the same time, 3M is threatened by a trade war with China and a possible … [Read more...]
5 Ways to Save Money
It’s been a while since my last post. I’ve had some personal issues to deal with that have since been resolved. These past issues got me thinking about my next topic. For instance, I took a big hit in my taxes which resulted in no refund. Shortly after, I found out I needed to replace my furnace if I wanted to install a central air unit. A … [Read more...]
Recent Buy: MMM & GSK
Now that the midterms are over, investors have a bit more clarity over what’s coming. The United States now faces a divided government. For investors this means nothing, literally nothing. Because Democrats control the House and Republicans hold the Senate, there’s total gridlock. When nothing gets done businesses can plan strategically for 2 … [Read more...]
Recent Buy: Medtronic
I finally went ahead and added a new company to my portfolio. We are, again, under the threat of a trade war. Therefore, I’d rather buy a company less likely to be hit by such a dispute. This led me to buy 23 shares of Medtronic (MDT). Medtronic is the world’s largest manufacturer of biomedical devices and does business in 120+ countries. … [Read more...]