You read that tile right! I may have accidentally purchased a dividend stock last week. Long-story short, on Tuesday, April 10th, a trade went through that relates to my lack of paying attention to my own account set-up strategies. Not only did the purchase go through, it happened to be on a day that the market was doing well, so it wasn’t even a timely purchase at all, either! I ended up purchasing $606.00 worth of Citizens & Northern (CZNC) on Tuesday, April 10th. Let’s see the summary below.
Are you holding on tight? This market has been absolutely insane. Wait, that is an understatement. This market has been gut wrenching-ly amazing, for those that have capital, that is. A ton of capital, we do not have, but we each had enough to make a separate purchase into a company that we both have had an eye for. In fact, Lanny purchased this company just a few weeks ago and couldn’t get enough of it. As the winter has continued on, we have our heat going and our energy bills are staying consistent, to which Dominion (D), has surely enjoyed that. We each made a separate purchase in Dominion (D) earlier this week!
The captain is back in the steering wheel and I directed the ship to another stock investment purchase. This so happened to occur on August 1st and felt nice to start the month off with deployment of fresh capital. As I look to close out the last 5 months of the year strong, i made an additional investment purchase into Cisco (CSCO) as the dividend metrics were right up my alley. It’s time to jump into my stock purchase, in order to find out why and how the dividend metrics appeared.
Just when I thought I was coming down with a great system, I realized that I still needed to make contributions into my IRA account for the 2016 year. I still actually am quite a bit away from maxing out the year, but with this purchase, I definitely reached closer to the goal. I love banking and truly am passionate about the moves being made in the industry. I know Bert knows all about this company, and I’m sure the community is starting to also learn a little bit more, hopefully! A few days ago I was able to make a stock purchase back into a community bank stock that I own!
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!
Well, well, well. Hold on tight. The stock market may as well be considered big red, because that’s the only color we have been seeing as of late. And, I made another purchase. A very familiar one as you can see by the title. It’s been a very confusing blood bath out there, as I like to call it. This has made my stomach drop everyday. Everyday, only because I wish I had $30K in cash ready to just fire away at the market. It’s incredible the, as Jim Cramer from CNBC calls it, “accidental high yielders” that are out there. I believe Archer Daniels (ADM) to be one of them. Fire Away!
The Lord knows I couldn’t stay behind the scenes or on the sidelines for this long, as it has been quite some time since I made a full on stock purchase. I was itching for an action and I knew the end of the year was coming and wanted to go out with a “bang”. I woke up on December 30th, after having analyzed the stock market the day before and knew what I was after and it was in a different industry that I have not truly been exposed to before. Enough with the opening, let’s dive into my recent stock purchase and find out what, why and how much!