I've had little bit of action in the last month, including a sell. I'm pretty happy with the way things are going lately!
I recently decided to get some money back to work for me in my Vanguard account, so when my money hit my account I decided to put $2300 into the Vanguard Total Stock Market Index Fund Investor Shares (VTSMX). Things brings me up to a total of $8571.56 in VTSMX and 166.537 shares. My average cost per share is $47.380 and the current price as of this writing is $51.47.
I have been looking at getting more money to work for me in the stock market as a whole. I am very often torn between the Dividend Mantra "seek out strong companies at a good value," and the Jim Collins "just throw into in an Vanguard index fund and forget it," methods of thinking. They both make very valid arguments! So rather than throw all my eggs into one basket I've been using both methods to invest. So far it's been working great! I'm up on all Vanguard accounts, and there have been very few losses on the individual company front.
One day I think I'd like to move everything to index funds as it's less to think about, but catching huge yields on companies like on SBSI or NSC has kept my looking for the next opportunity in DGI.
My portfolio's total value cracked $80,000 for the first time every just before I made this last purchase. A new five digit value is something that I like and keep me motivated. After this last purchase my portfolio was at $82,296. Not bad for an English teacher right?
Rounding out the action was actually a sell order. Back in I got in on the GoPro IPO via Loyal 3. I managed to get in about $250 at an average price of around $32. GoPro has seen it's up and downs, but I decided to sell my position here for a few reasons. First and foremost, GoPro doesn't pay a dividend. I'm not sure if they will start to pay a dividend or not. Second, GoPro was just a fun thing I tried as I had never been part of an IPO before. I honestly wasn't sure what it was going to do, but it's been up as much as 150% at times. I've held the stock for almost six months now however and realized it's time to take my money somewhere else. It was fun, but this stock doesn't really belong in my portfolio. To be honest Twitter is also on this list, but I'll wait a little bit longer. Finally, I figured it's a good time to sell for tax reasons. I'm still going to be way under the line for taxable income and this was a good time to sell.
All in all I'm feeling very good!
