Inch by Inch

As the market has rallied significantly ove the last few months the opportunities to add quality stocks to my portfolio that meet my screening criteria has dropped off.

However like all good long term investors you look at the opportunities and eventually something of interest will pop onto your radar.

Today my addition is going to come in the way of a company who was on yesterdays biggest falls list. I think they will continue to drop a little today before consolidating and moving forward.

As this will make cheap buying I will sit back and wait for the share to drop by another few cents and then add them to the portfolio.

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Too Good To Pass Up

It’s interesting sitting back and waiting patiently as our dollar bounces around and signals from the market continue to contradict themselves.

At the end of the day though my investing is all about the long term and most of the turmoil we are seeing today will eventually become a distant memory.

With that in mind I decided to add one of my long time favorites into the portfolio again as the numbers are just too good to sit by and watch …{+}

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