Friday, October 31, 2014

Recent buy: KO and SBUX

I have bought 18 shares of SBUX in my taxable account and 20 shares of KO in my Roth IRA. I have decided that the Industrial sector has rallied too much recently and I have missed the opportunity. I will wait until a further drop to put cash to work. The industrial sector is volatile so I prefer to buy those stocks while they are on sale to add a safety margin.

I entered in SBUX as a speculative position. I am impressed by its recent growth and dividend increase. I added to KO in my Roth to add stability. Previously I had the Roth IRA funds in ARCP, which have been completely sold.

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