The Prudent Investor


Fifth WL Purchase
March 7, 2008, 9:43 am
Filed under: Financial, Update

Last week I realized that I had not funded my account and only had enough money to purchase two shares of WL. Today I saw that the account was funded, so I purchased four shares of WL at $29.61. This completes the initial purchase of WL. I will probably buy more over the next few months, not only to bring the position closer to the level of the other three, but also because I expect to see banks continue to struggle over the short haul. Since these are long term positions, making purchases at this point are the right strategy to follow.