Bought a New Stock: 50% Position

Bought a New Stock: 50% Position

I bought a new stock today. This is the first buy order I’ve placed in about 2 years.

As of this moment, the new stock is just under 50% of my portfolio.

To fund this purchase, I had to:

·         Use my 30% cash balance

·         Sell one-third of my position in Frost (CFR)

·         Sell one-third of my position in BWX Technologies (BWXT).

I’ll reveal the name of this new position on the blog sometime within the next 30 days.