****tfolio of PAF on 2APR08
T 200
VZ 16,590
Q 4,000
total share-wealth-units last re****ted which was 1APR08 was 17760
total share-wealth-units today 17790** (** where Q shares count as
1/4 share-wealth-units)
realestate land 3APR03 of 3 lots $19,000.
realestate land 30JUL03 another lot $11,500.
realestate land Sept05 another lot $75,000.
One of my rules of thumb is to be fully invested. I remember a
remarkable woman
once say to me "don't you want that money to be working?" And I can
picture
in my mind those paper dollar bills with shovel and spade out there
preparing
the Spring fields.
But anyway, with the big trades of yesterday and with the sale of FRP
which
was a Verizon spin off yesterday ( and only a distraction to my
****tfolio with
its focus on Crossover and Switching Campaigns) I sold the FRP
yesterday
at $8.43 a share. So with that cash and some leftover cash I bought
30 more shares of Verizon.
Why Verizon and not AT&T? Because VZ is cheaper than T today and
just setting up for a Crossover Switch.
A second rule of thumb for me pertains to what is the minimum amount
of
stock to buy with cash leftovers? My rule of thumb here is whether the
small amount can pay for the brokerage by the upcoming quarterly
dividend.
So 30 shares is about the smallest minimum.
And FRP just maybe the reason that VZ is lower than T as of recent, in
what
can be called selling for lost expectations.
Now I am doing some past history research as to the price of SBC in
October
2002 and the price of VZ back then. And from an old statement of mine
that on 11OCT02 I sold 2,000 SBC at $22.10 and sold on that same day
800 VZ at $33.25. I should make a separate post on this information as
I want
to review and recalibrate the ****tfolio.
Archimedes Plutonium
www.iw.net/~a_plutonium
whole entire Universe is just one big atom
where dots of the electron-dot-cloud are galaxies
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