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Investing - IRA

January 31st, 2012 at 05:59 am

I decided what to invest the $31,000 I had in cash in my traditional IRA. Some of the money was not invested when I rolled money over, some is from 99 cent only store sales.

So I am set up to buy (tomorrow hopefully, I have market limits set that should get triggered).:
Starbucks (SBUX), Intercontinental (IHG), Southwest (LUV), and Seniors Living (SRZ). The first 3 are companies I use frequently and think they will be in business for a while. The last was a calculated gamble. Well, its all a calculated gamble. More than just numbers.

I currently have $31,000 already invested in this account, stocks I bought in July when I rolled. $4000 of that is earnings, the stocks I chose are doing ok. I'm quite liking Coach - COH.

This is an interesting retirement account, I don't think I will be able to add money to it. So it starts here and goes for 14-24 years. I'll switch to more conservative investments in the future :} Or not. Perhaps I'll be conservative with other accounts.

I have a few other brokerage accounts that need stock. TO DO.

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