New Buys and a New Start

02 Feb 2016 22:53

Back to list of posts

I'm finally focusing on my 2016 goal of rolling over an old 401K to an IRA. The first transfer was successful and now begins the task of building the new portfolio. I wanted to clarify this and not give the impression I came into a tidy sum of money, trust me I am not that lucky.

That said, I started with a dozen limit orders and 5 were filled today with the market being down so I have officially kicked off my new IRA. Here are the new buys to start my retirement income stream.

100 shares of Emerson Electric (EMR) @ $45
100 shares of Domtar (UFS) @ $31.70
200 shares of Omega Healthcare (OHI) @ $31.50
200 shares of General Motors (GM) @ $29.40
100 shares of Qualcomm (QCOM) @ $44

Not a bad haul and when all combined the total yield is 5.3%. What makes this easier is that I get 300 free trades for 6 months so expenses are being reduced for now. But, I will not make a bad trade if I do not get the prices I want before the 6 month period ends. I refuse to let a lousy $8 free trade dictate my investing.

Comments: 0

Add a New Comment
or Sign in as Wikidot user
(will not be published)
- +

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License