Sunday, February 5, 2012

Recent Purchase

I recently made a purchase for my roth IRA.  I picked up 400 shares of student transportation Inc. (STB):

This company provides school bus transportation to private schools in North America.  It also has relatively small holdings in oil and gas positions.  I purchased the 400 shares at a price of 6.7525 per share.  This position will provide $18.68 per month for my Roth IRA.  I'm happy with this purchase, again, I feel like its a little safer of an investment than a heavily leveraged REIT while providing a good yield, which fits with what I want to accomplish with my roth.

I start my new job on the 27th of February.  I've passed the drug test, my background check is almost complete; its only a matter of time now!

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