Monday, October 20, 2008

Uhg

Well... obviously it has been a while since I have posted. What a fun down hill ride this market has been. Definitely learned a lot about the stock market over the last few months, which is a good thing, but my portfolio is of course hurting like most other investors.
I have realised this is a great opportunity to start my long term portfolio positions buy getting into great stocks that have fallen to their lows.

Here are the stocks and prices points I will be looking to get into over the next month.
Most important are FRO, CAT & BAC as these three companies have nice dividend yields of 16%, 6% & 5%. I plan to sit on these dividend yields while this market continues to be crazy.

Company Name, Entry Point, Sector

Apple (APPL) ~ $85 Tech
Frontline LTD (FRO) ~ $25 Transportation
Caterpiller (CAT) ~ $30 Capital Goods
CV Therapeutics Inc ~ $7 Healthcare
Bank of America ~ $18 Finance

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