Lanny’s Recent Purchase – NSC

I’m back at it again!  The market again, has taken a downturn south and one of my newly created positions from last month went on sale this week/today more specifically.  Sometimes… if you have the idle cash it’s best to use that and average down a position that you want to build, buy more income for less and smile as you do it.  I was lucky enough to do just that, I made a purchase today to a position I already have.  Let’s take a look on who that was.

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Bert’s Recent Purchase – NSC

When I changed jobs recently, I received a nice pay increase and I could not wait to deploy the extra cash into the market.  I figured that living off of my old salary and investing the extra capital would provide a much-needed jolt to my investing portfolio to help me reach my goal of investing $15,000 in fresh capital this year.   To help automate this process, I began direct depositing $400 of my paycheck into my Capital One bank account, which means the funds are available to use in my portfolio instantly.   While the $400 may seem small, a series of $400 purchases in a stock adds up quickly and you can establish a strong position in a stock before you know it.   Why am I bringing all of this up?  Because I was paid last week and had $400 to invest, which was perfect timing for one of the stocks I own and have been building a solid position in to continue to decrease.   I think you all see where I am going with this….with my most recent purchase, I added to my growing position in Norfolk Southern Corporation (NSC).

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Bert’s Recent Purchase – NSC

Man has it been a busy couple of weeks purchasing stock and I couldn’t think of a better reason to be busy.  Lanny purchased shares of Johnson and Johnson recently, and I am pretty jealous of him.  JNJ is a great company and is a foundation stock that should belong in every dividend investors portfolio at some point.   Nice pickup Lanny!  But I couldn’t let him purchase stock without a response, right?  So I also decided to purchase stock this week, and it is a company that fills a void in my portfolio.  Let’s see which company was added this week!

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