Investor's Opinion

Portfolio Update: Continuing the Plan

Published: 2013-08-06 01:43:00 EDT by Unknown

Since my last portfolio update in June 2013, I have been collecting dividends from my investments and waiting for my next opportunity. Friday, August 2, 2013 was my opening. On that day I BTO an additional 5 shares of AGNC. Doing so has three benefits.

The first is that it reduced my cost average of my position in AGNC. The second is that it brings me closer to an option eligible lot size. And third, it puts me in a position with an increased dividend payout for the next distribution. It is my belief that the stock has bottomed and that a reversal is possible at this price. That's my opinion. What's yours?

Disclaimer: See bottom of page.

AGNC - American Capital Agency Corp
BTO - bought-to-open / buy-to-open

Labels: dividend, stock picks, stock strategies

Updated: 2013-08-08 01:09:05 EDT