Saturday, August 6, 2016
Sold last of Ventas, sold small position in J&J
Quick update, I've been doing some selling. Last week I sold the remainder of my Ventas (NYSE: VTR) shares. Shares just kept getting higher and higher, and I had some very substantial gains, so I took them. I also did the same thing with a small position I held in Johnson & Johnson (NYSE: JNJ).
Here is what I plan to do: I plan to leave about half of the proceeds in cash, and reinvest the other half, with some additional monthly contributions, into Phillips 66 (NYSE: PSX). It was either Phillips 66 or Schlumberger. I haven't taken this action yet, however.