Dear Diary,
I read that I bought shares of Medtronic (MDT) at $49.85 plus a minimal commission this morning. This stock should reasonably hit $60.00 this year and has a bright future.
What I'm doing is getting diversified into at least 5 stocks that show serious promise of price appreciation in 2008 and 2009. That I've been only able to invest in three companies, as of now, shows how overpriced the market is right now. Diversification is not that big of a deal for us Buffett folks, but King Solomon promoted the idea in the book of Proverbs, so I interject just a bit into my work out of respect for my upbringing.
Gene
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2005, In Front of IRS Building, Washington, D.C.
Diary of a Business Investor
Gene Chapman
2005, In Front of IRS Building, Washington, D.C.
About Me
- Gene Chapman, Author
- P. O. Box 295545, Lewisville, Texas 75029
- MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com "Creating World Peace One Word at a Time" And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.