Wednesday, May 16, 2012

Shopping List

Now that my debt is gone it's time to start compiling my shopping list. Especially since it's looking like the sell in May and go away might be showing up. The DOW is currently 4.40% off it's 52 week high while the S&P 500 is down 5.39% from it's 52 week high. These are both good signs for what might turn out to be great timing on my part out of sheer luck. When I had previously started investing in my financial independence fund it happened to be around the time of the market swoon around October 2011 and now that my debt is paid off and funds will be flowing to the market again it seems to also be hitting at a great time. Hopefully we can get an even bigger pullback in the stocks that I'm looking for. Currently my shopping list includes Aflac, McDonalds, Nucor, Johnson & Johnson, Vodafone and many others as well as adding to my current positions. I'll be compiling my entry prices and hopefully setting some limit orders in less than a month. Adding fresh capital and increasing my dividend stream is going to be awesome.

What are you looking to buy?

3 comments:

  1. Good list!

    VOD took a mild haircut today, might be a good time for you.

    I'm currently interested in EMR, MCD, JNJ, PM...even GD. Plenty of decent bargains right now. I wouldn't mind more INTC if it continues to fall.

    Best wishes!

    ReplyDelete
  2. Good list!

    VOD took a mild haircut today, might be a good time for you.

    I'm currently interested in EMR, MCD, JNJ, PM...even GD. Plenty of decent bargains right now. I wouldn't mind more INTC if it continues to fall.

    Best wishes!

    ReplyDelete
    Replies
    1. I'll be having a stock analysis post on MCD hopefully later today. It was amazing to see how much they've improved just over the last 10 years. I've been tracking EMR as well. As far as VOD, I would be a buyer at today's price if I had the capital. Unfortunately that's going to have to wait til next month. Thanks for stopping buy.

      Delete