New stock for the port.
I thought I would disclose my newest investment, not that you should really care. Just more for discussions sake.
Let me do the disclosure first- it's all on you Magoo, don't be a follower.
Alright, that being said let's get to brass tacks-
It's been pretty apparant that Mr Market has wanted to do a faceplant for quite some time now. I'm not a doom and gloomer by any means but things just did'nt look cheap to me so I sat on the sideline with any new money. Honestly stocks still don't seem cheap but I think this is a good time to implement a simple plan.
I'd like to buy the world a coke, in perfect harmony, coca-cola.
Yes my freinds KO is my final decision.
Yeah, I know but with my silver exposure and the penny stocks I get plenty of excitement, so I was looking for something steady, even during the crash KO was pretty safe and I think the low never went below $40.
Your probably thinking-
Harry-noooooooooooo! If you own both KO and BUD you'll never win at Mad Moneys am I diversified.
I've taken that into consideration, and that's just a risk I'm willing to take (I might call the little feller just to see what he says)
I could go with-
BUD, CBOE, GE, KO, V
Or to mess with his head-
BUD, KO, GPL, EXK, SPKL
My freind djshagggyd once said something that I really took to heart- Keep It Simple Stupid and this is as simple as it gets.
Buy $500 worth of KO in a D.R.I.P (minimum initial investment)
Add $50 each month.
No commissions, I can scrape fifty bucks together each month . Constantly buying more shares and dollar cost averaging. And yes we even have one of my favorite investment tools Compound interest. SCHWINNG!
So this works for me.
If I may do a shameless self promotion I can be found blogging here-
Fantasy Baseball for beginners
So if your into FB and enjoy my particular brand of nonsense, stop on by, my goal is to always entertain.
If my stuff is'nt your cup of cinnamon schnapps, theres something for everybody there, go ahead and surf around. Check out Lemoneaters stuff she truly rocks. I'll come back with the link to the main page.