A year ago (or so) I picked up my first shares of Lorillard (LO), which have done phenomenal for me. Without going in to how many share I have, let’s do a case study and see what it’s done over that period if you decided to put your dividends back in to the stock. I’d like to do a basic …
International Investing
I recently rolled my old 401k in to my IRA after making a job change. So I’m flush with cash! So what to do? The market in the US is way up the past few years so that gives me a bit of pause on where to throw my money. Because it’s in an IRA there are really only a couple …
I’m in the liquor business
I recently opened a position in one of my favorite companies, Diageo (NYSE:DEO) at a price of roughly $112. Most Americans have probably never heard of Diageo, but they (along with Brown-Forman and Pernod Ricard) control the bulk of the major liquor brands that we regularly purchase. Diageo owns Smirnoff and Johnnie Walker, the world’s best selling vodka and whiskey. They also …
My Recent Energy Purchases – Part 2
As I wrote about here, I believe large cap energy has a lot of value, and I outlined my new position in BP. I mentioned a few articles back, energy have been in deep decline recently and has gone down even more since the OPEC meeting Thursday. Almost all energy names have slide considerably across the board, so I’m now …