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Wednesday, October 20, 2010

Johnson & Johnson (JNJ) and Coca-Cola (KO)

Watch it ... love it ...

Bought Johnson and Johnson (JNJ) publicly at $60.00 ish (and talked about $57.00 averaging). Bought Coca-Cola (KO) publicly back at $53.90, and then averaged in again at $51.27 for an average of about $52.40 ish.

Watch it ... love it ... Been DRIP'ing these stocks dividends for some time as long time blog readers know.

Coca-Cola (KO) - Daily
Entering the Realms of Ridiculous

Johnson & Johnson (JNJ)
Not Ridiculous - But merely Silly

I heard "Dasan" once say that this is a business that you get paid for being uncomfortable. I was uncomfortable averaging down on both of them, and now I'm uncomfortable that these things have rallied to absolutely ridiculous levels.

But I'm making money and yield with both of them.

And yes, I view yield of purchase as something completely separate from 'making money'.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 14 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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