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 Bought BUD

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Thump

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Posts : 2710
Join date : 2008-05-13
Location : Central Florida

PostSubject: Bought BUD   Sat Jun 07, 2014 8:30 am

To catch you up now that you're back, I bought 25 shares of
Anheuser-Busch InBev SA/NV (BUD).  Not because it's a raging
buy, just to start a position.  If it goes down I'll buy some more.

Bought at $110+ nearly at it's high for the year.  Yahoo
estimates the one year price at $126.27, not too sure about
that for a target.  Morningstar gives it the full five stars and
rates it as below average business risk.  Paying 3.4% div.
Not going to be a runaway stock but it's really safe.
Going to be one of our "forever" stocks in our core holdings.
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rockhump

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Join date : 2008-05-16

PostSubject: Re: Bought BUD   Sat Jun 07, 2014 12:18 pm

Sounds good..I'll take a look. People like beer! Sure are a lot of microbrews popping up but still a pretty good investment I think.
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