Archive for March, 2017
With the current bull market roaring, it is harder to find value. Many stocks are up near their 52 week highs and not budging much. It has been a few months since my last buy. This period has given investors a little time to build up some capital and wait for opportunities to present themselves. While the market is mostly up, lately it has come down a few notches. That is good news for investors looking to make their next purchase. I am happy to post my second buy of the year. I purchased 30 shares of Hormel Foods (HRL) at $34.00. This is a completely new company I am adding to my portfolio. See more company stats below.
Last month, I added a new spreadsheet section to the blog. One spreadsheet is the Expense Tracker. If you followed my last post about it, it measures your expenses against income giving you dollar figures to see where your money is spent. It deducts taxes also to predict what you will have left over at year end. This week I made a few modifications to this spreadsheet.
I have been investing for a few years now and following the market for longer. During this time I have seen a lot. Both bull and bear markets, full sectors rising and falling, stock splits, dividend increases or decreases, new IPOs, mergers and acquisitions, just to name a few. While this is all normal for the market, the question remains. Why do I believe this is the best time to be an investor?