Buying

Two factors:

1. My Citibank savings interest rate falling from 5% to about 2.5%
2. The DOW has cooled down to 12,160

So I moved some money from the savings account and last Friday I bought:

• Much more GLS. The stock has fallen to $11 which puts it's dividend at 17%...yup 17%. And with long term contracts as the source of revenue...that is relatively safe. Plus, they are still renegotiating their leases successfully since airlines are wanting to upgrade to more fuel efficient models.
• Buying back into WFR. The stock fell back down to $61 and solar has gotten no cooler in my mind. Already popped up to $66 with a 1 year target of $91.

The market is a wonky place right now...the fact that a stock can have a 17% dividend makes you wonder if this is the greatest gift ever...or the start of a looong curse. Honestly...just imagine if you could make a guaranteed 17% for the next 10 or 15 years...you could definitely sleep easy then.