Got James’sTax Return, Time to Buy Stock!

by Dual Income No Kids on June 11, 2006 · 0 comments

I checked my bank acocunt on Friday and was pleasantly surprised to see that my federal tax return had been deposited into my account. It was pretty large, about $9,300! (Thanks to our accountant for doing such a great job).

So, it’s time for one of James’ favorite activities: buying stock!

Since the market has been beaten down over the past few days, it seems like its a good time to pick up a few more shares. Of the $9,300, we’re planning on spending approximately $1,220 on stocks and using the rest for living expenses until James’ assistantship kicks in.

Since our shares of Hansens Natural constitutes so much of our holdings, we’ve decided to put some cash into other companies. Right now we’ve decided to purchase approximately $450 more of XOM, about $330 of Mariott International (MAR) about $440 of the Archer Daniels Midland Corp (ADM).

We’ll keep you updated!

-James

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