This month, I was back at it again and had some extra capital to deploy with a free trade credit staring my account in the face. So of course I was going to use this as an opportunity to continue building my position in T.Rowe Price Group (TROW) that I started in 2016. What’s funny is I wrote my last T.Rowe Price purchase article on 2/28/16, so almost a year ago exactly! One year later, I was faced with similar facts and made a similar decision. Time to see why I added to my stake!
The Diplomats were back and at it again! Loving the end of February, the turmoil and the continuous short-term declines in the market that unlocks opportunity in just a blink of an eye. We were on the hot seat this week, and boy did we take some advantage of market fluctuations. Wednesday was a well placed trade on a wonderful asset management company – T. Rowe Price (TROW). Let’s see how, when and what led the purchase by both of us!