Saturday, May 5, 2012

Why Microsoft?


The Why?
It comes down to the fact that I just ended up liking the direction of the company. The share price came down a little from the high a week ago but this is a long term buy on a name I think is undervalued at $30.98 and $31.40 after commission. The dividend is a positive as well as I see MSFT can raise it  in the future with no problems. The current yield is 2.5% and that can be paid easily.The next ex-dividend date is May 14th so it also qualifies for this. The stock has over $6 per share in cash.  The company has many exciting business partnerships with Facebook, Nokia (Lumia 10), and Barnes and Noble (Newco). Xbox and Windows 8 look like they will help the company grow. The project portfolio was missing a large cap stock and a tech stock and Microsoft will be a great addition.

Total transaction 19 shares at $31.40.

Disclaimer: This is a personal weblog. The opinions expressed here are my own. All data and information provided on this site is for informational purposes only. Please do your own research before investing.

Tuesday, May 1, 2012

Project Portfolio Month 1 update


The "Project Portfolio"


Monthly Update:  April 

Starting Balance  $4,339.04
Deposit  $498.00
Dividends  $0.00

Net Gain or Loss $(104.28)
Realized gain or loss $(28.59)
Ending Balance $4704.17

May starting balance $4704.17
 Stocks Shares and Dividend update. 
No dividends to report this month.
WM 30.0174
NPK 15.4697
BWLD 6.0459
PBCT 37
TCAP 28
ARKR 60
Cash 85.63




 Totals
Emergency fund.    $1000
Opportunity fund    $ 979
Precious Metals
Silver 315oz
Gold 3oz 



Thoughts
I sold FCX just because we have a large position in the metals already and a few things about the company worried me moving forward so I felt its better to sell. The new addition is Ark Restaurants with a great yield of 6.6%. If your not from NY or Las Vegas you may not know about ARKR but it is a consistent performer and I think as the economy improves it is a generous company with dividends. This is also a company I have in my personal portfolio. It does give us 2 restaurant stocks but both can be profitable and are run by incredible CEO's. This month I will be looking at MSFT to possibly add a position (watch for the update). We will also continue to add on weakness to positions in the portfolio.

Disclaimer: This is a personal weblog. The opinions expressed here are my own. All data and information provided on this site is for informational purposes only. Please do your own research before investing.

New Strategy for investing in Under Armour Inc. (UAA) and Monster Beverage Corp. (MNST)

On March 24, 2017 my blog entry Under Armour Inc. (UAA) Opportunity I talk about my purchase of 100 shares of UAA on 2/6/2017 for $20.55. I...