1/2/2016 limit order, sell all 72 shares of AT&T at $35.00. Good until cancelled. Expires 60 days later on 3/2/2016. After fees subtracted the proceeds will be $2,511.00.
T does not have a very good credit rating which means some time in the future the dividend might not be sustainable. I want super safe investments only. Until my sell order is filled I will reinvest the T dividends into JNJ.
Only three companies have the highest possible AAA credit rating, Microsoft, Exxon Mobil, Johnson & Johnson. Microsoft sucks. The oil business sucks. That leaves only JNJ.
So fuck being diversified. Only one company meets my criteria which is extremely safe with a rapidly growing dividend. Buy only JNJ and only when price is at $100 or lower. I will keep my powder dry.
"Darwin was the first to use data from nature to convince people that evolution is true, and his idea of natural selection was truly novel. It testifies to his genius that the concept of natural theology, accepted by most educated Westerners before 1859, was vanquished within only a few years by a single five-hundred-page book. On the Origin of Species turned the mysteries of life's diversity from mythology into genuine science." -- Jerry Coyne
Saturday, January 2, 2016
I'm selling AT&T when it hits $35.00. I'm buying JNJ when price drops to $100.00. I will keep my powder dry.
Labels:
2016/01 JANUARY,
stock market
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