The shopping period continues and there are many nice companies to pick up at a fair price. Luckily my private safety buffer is already in place and still I got 3k cash that I can do as I please with. I usually try to keep 1k as buffer on the broker account but when the market drops like this, or ideally even more, then I will not sit around and keep that buffer. Additionally my broker have still not increased the trading fee which means that I still find it ok to make only 1k investments.
Last month the two stocks I increased in was K+S and BP. As always the share price kept dropping after I made the investment. Some months that is harder to accept than other months. Right now it is hard. Sometimes my feelings are that come on! Give me a break! Let one of those darn turnarounds actually start to turn. They don't, they just keep slugging out more and more impairment costs. The value that I paid for the company, the value that I thought was there, is in some cases quickly deteriorating. Am I stuck in several value traps? A word that I do not really believe in. Future will tell. Enough with the whining!
