I just turned 60 years old. So this is a particularly important subject to me and many of my friends and family. I manage about half of the retirement savings for our household. The other half is managed by the experts at American Funds. We also have other non retirement portfolios including stocks, real estate … [Read more…]
Originally I owned Proctor and Gamble, PG:NYSE in only my trading account since 2010. Seeing that dividend tax rates are likely to go up, I decided to move my PG holding to my tax sheltered IRA account. Today’s selling of PG was the completion of PG stock from my trading account to my IRA. With … [Read more…]
I bought P&G, Proctor and Gamble, PG NYSE for my retirement account. Of course I am reinvesting the dividend which is yielding 3.23% or $2.10 per share. As with all my high yield retirement stocks, this will be a long term buy and hold unless there is some compelling reason to sell. Here are my … [Read more…]
For my retirement account, I’m adding high dividend yielding, high quality companies. Proctor and Gamble and Lilly both fit that definition. I already own PG in other accounts, but this is a first for my IRA. I have never owned LLY before. With the purchase of 1/4 of my target in LLY, this is my … [Read more…]
What I sold last year: I sold EMC at $19.25 for a 18% long term gain – still holding significant number of shares. Sold too soon. I sold all my SLV at 27.65, 43% short term gain, but did I sell too soon? Very scary at these levels. Looking for a major pullback before considering … [Read more…]
I am continuing to hold P&G at 50% of my projected goal despite the profit miss. Foruth Quarter earning fell to $2.19 Billion or 71 cents a share, down from 80 cents a year ago.
14:44:48 05/06/10 I picked up 1/4 of my target position in PG. I already had 1/4 PG. Great opportunity to buy PG as such a good price.
Fantastic opportunities once again are presenting themselves to investors. I’m ready with more cash right now.
I think PG is getting serious about going global and with recent pullback, I am looking to pickup another 1/4 of PG at $60 if it can get there.
Buffett’s sales of PG may reflect his view of the current economy. If the recession deepens, consumers may move toward low-priced and private label brands, even for toothpaste and dish soap. If so, P&G has to compete with inexpensive brands they may have to lower prices. That could send their shares down.