Friday, November 25, 2011

Recent Purchase

On this recent dip, I decided to add to a position of mine.  Its ERH, a closed end fund, which I feel are an important part of a balanced portfolio.  I purchased 155 shares of it  at 10.45.  This pays out a distribution monthly, so starting January 3, I'll be receiving 53.63 per month total from this position. I'm pretty happy about this, although unfortunately not all of the news is good on the finance front, as I had to take a 10% pay cut at work.  My postings might be scarce for a while as I spend more of my free time looking for a new job.  Looking forward to the day when I'm able to respond to a pay cut by simply walking out the door for good.

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