Tuesday, December 9, 2014

Bought T, nearly doubled position

My brokerage account needed some diversification as I'm way too exposed to energy. Therefore, I took advantage of the down action today and nearly doubled by position in AT&T this morning. Right now AT&T offers a yield of 5.6% and delivers low-to-mid single digit earnings growth. I'll take that, and I'll take the much needed diversification.

If AT&T stays this low I will also make a purchase for my family members' IRA account later on in the month. Nothing wrong with some steady, solid income. I'll take it.

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