Thoughts on Brexit (IMHO):
I don't think the Brexit supporters/ British public expected this result
It has some merits but more disadvantages
The paper money loss over the few days could have paid (on paper again) for the EU membership for at-least 25-50 years
I'm not sure if they can stop/slow immigration (legal/illegal/asylum/refugees) with this exit.
Without helping the poorer/unstable EU countries, the entire EU has a risk of falling down with them
IMHO, this is a stupid vote and poor result. They could have all sit together and come up with a new/different plan.
But the good news is it creates a buying opportunity. Please share your opinion too.
Few purchases over the past week
Wells Fargo (WFC)
5 shares of WFC at an average price of $45.99 = $229.95
23 shares of WFC at a price of $44.80 + $3.95 comm. = $1034.35
Metlife Inc (MET)
7 shares of MET at a price of $39.90 = $279.30
Prudential PLC (PUK)
2 shares of PUK at a price of $29.57 = $59.14
Waddell & Reed Financial (WDR)
2 shares of WDR at an average price of $18.31 = $36.62
VGK (Vanguard Europe ETF)
4 shares at price of $45.10 = $180.40
Flowers Foods (FLO)
4 shares of FLO at an average price of $17.98 = $71.92
Gilead Sciences (GILD)
2 shares of GILD at $81.04= $162.08
CF Industries (CF)
6 shares of CF at an average price of $25.44 = $152.68
PFG (Principal Financial Group)
3 shares of PFG at an price of $41.41. = $124.24
Abbott Laboratories (ABT)
5 shares of ABT at $38.01 = $190.05
Total Investments = $2520.73
Long all stocks mentioned in this post. Thanks for reading. Please add your comments/suggestions on these buys.
Disclaimer: I am not a licensed investment professional. I am not liable for any losses suffered by any parties. Any information on this site is my opinion only and should not be used for investments of any kind.
I don't think the Brexit supporters/ British public expected this result
It has some merits but more disadvantages
The paper money loss over the few days could have paid (on paper again) for the EU membership for at-least 25-50 years
I'm not sure if they can stop/slow immigration (legal/illegal/asylum/refugees) with this exit.
Without helping the poorer/unstable EU countries, the entire EU has a risk of falling down with them
IMHO, this is a stupid vote and poor result. They could have all sit together and come up with a new/different plan.
But the good news is it creates a buying opportunity. Please share your opinion too.
Few purchases over the past week
Wells Fargo (WFC)
5 shares of WFC at an average price of $45.99 = $229.95
23 shares of WFC at a price of $44.80 + $3.95 comm. = $1034.35
Metlife Inc (MET)
7 shares of MET at a price of $39.90 = $279.30
Prudential PLC (PUK)
2 shares of PUK at a price of $29.57 = $59.14
Waddell & Reed Financial (WDR)
2 shares of WDR at an average price of $18.31 = $36.62
VGK (Vanguard Europe ETF)
4 shares at price of $45.10 = $180.40
Flowers Foods (FLO)
4 shares of FLO at an average price of $17.98 = $71.92
Gilead Sciences (GILD)
2 shares of GILD at $81.04= $162.08
CF Industries (CF)
6 shares of CF at an average price of $25.44 = $152.68
PFG (Principal Financial Group)
3 shares of PFG at an price of $41.41. = $124.24
Abbott Laboratories (ABT)
5 shares of ABT at $38.01 = $190.05
Total Investments = $2520.73
Long all stocks mentioned in this post. Thanks for reading. Please add your comments/suggestions on these buys.
Disclaimer: I am not a licensed investment professional. I am not liable for any losses suffered by any parties. Any information on this site is my opinion only and should not be used for investments of any kind.
