Friday, January 15, 2016
Note to self: planned buys
As I get older I tend to forget a lot of things. this is just a reminder to self.
January 19, 2016 Unilever will release its earnings (Tuesday next week) (use cash from savings).
Fair value: $40
5% discount: $38
10% discount: $36
if earnings are bad then buy. If earnings are good, hold off for another drop.
January 26, 2016 Proctor and Gamble will release its earnings (Tuesday 2 weeks from now) (use cash from paycheck).
Fair value: $75 or so
preferred price: $70
If PG has a bad quarter watch the share price and jump in. If PG has a good quarter or refuses to go to $70, discretion if you want it or not. Remember to check bills before jumping in.
January 26, 2015 is also Johnson and Johnson's earnings.
Fair price: $100
Preferred price: $90-91
Hoard: If it touches the 80s.
If both crash it's up to you to decide. Borrow from savings only if absolutely necessary.
If you spend $2000 over two weeks then don't buy anything for another 2 weeks to put back funds.