Locator: 44583CU.
Regular readers know I don't follow the market when things get crazy -- and I haven't looked at the market for about two weeks now ... until Friday when we saw the Dow jump 550 points. But I only looked at AAPL and one other stock which I've now forgotten which.
Tonight, while watching reruns of Colombo, after sitting on the balcony during a pretty remarkable north Texas electrical storm, I was curious -- I forget why -- I must have seen something on my twitter feed.
Whatever.
Just curious, I took a peek at SCCO.
In my 40-30-20-5-5 bucket, SCCO is part of the 30 --
Investing: "new money" allotment --
- "40-30-20-5-5":
- 40%: big cap value; dividend paying; BRK-like;
- 30: beaten down tech, copper;
- 20: oil; second tier;
- 5: healthcare
- 5: Daimler Truck
So, I was curious, how is SCCO doing.
Friday:
That's scary. Look at that P/E. And within striking distance of a 52-week high. And a 5.05% dividend.
And, SCCO recently doubled its dividend.
I had completely forgotten that I had put Cu in my "beaten-down tech" bucket.
For the next six months, possibly twelve months, I won't add any new money to the "energy bucket." My new-money allotment will become:
Investing: "new money" allotment --
- "50-40-5-5":
- 50%: big cap value; dividend paying; BRK-like;
- 40: beat down tech, copper;
- 5: healthcare
- 5: Daimler Truck
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site. Do not make any investment, financial, job, career, travel, or
relationship decisions based on what you read here or think you may have
read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
