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I made some purchases today

Posted on 5/1/15 at 6:32 pm
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 5/1/15 at 6:32 pm
JPM
V
XOM
WMT
all long positions...don't plan to sell for decades.

Felt good buying - also made my regular vanguard monthly deposit....target fund.

I have saved up some cash that is on the sideline...but ready to go if we get a bit if a pull back.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/1/15 at 8:58 pm to
I'm not bullish on the big banks new capital requirements are going to be very rough on returns and they are all holding a large chunk of RBLs that could really go sour on them if oil crashes more.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 5/1/15 at 10:10 pm to
I traded an assload of payc for about a 1% gain in about 15 minutes...all cash going in to the weekend
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 5/2/15 at 4:02 pm to
I bet you don't hold those positions for decades.
Posted by secondandshort
Member since Jan 2014
1028 posts
Posted on 5/2/15 at 4:29 pm to
Why not? I've held two of those for almost two decades (XOM and WMT)
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 5/3/15 at 12:40 pm to
Why not? Already owned XOM since 1996.
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