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It’s been a couple of days since I’ve written here because I haven’t’ had internet access until now. Early Thursday morning (extremely early) we had a flight to Denver to visit my wife’s family for Christmas. The flight left St. Louis at about 6am and things have been kind of crazy. I’m hoping to keep posting through the holiday season, but I apologize in advance if I’m not able to make everyday. I won’t be home until New Year’s Eve since we’ll also be going out to Utah for a couple of days after Christmas to see my parents.

As an update to an earlier post, I went ahead and made my second stock purchase with the last of my 2007 Roth IRA contribution. I decided on Jack in the Box (JBX). I’ve wanted to get something in this industry for a while now, and McDonald’s is pretty expensive. I’ve also been tracking this stock for over a year now and seen it more than double and then go through a stock split. It has recently pulled back though and I thought it would finally be a good time to get in. Jack in the Box also owns the newer Qdoba Mexican Restaurants which seem to be doing quite well and provides a little diversification from just the hamburger business. So we’ll see how this one goes.

I wish all of you a merry Christmas (or happy holidays if that be the case) and hope that you enjoy yourself this time of year.

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3 Comments so far »

  1. by RacerX, on December 22 2007 @ 2:10 pm

     

    Very Happy Holiday’s to you and the family. I look forward to your next years posts.

    I agree that MCD has been on a tear lately, great stock, but a nbit rich. Jack is really gaining market share now that Wendy’s has fallen apart. These stocks follow my (and Warren Buffet’s) motto: Invest in what you know!

    Agian, all the best!

  2. by limeade, on December 22 2007 @ 2:18 pm

     

    Thanks for all your input. I’ve now added your blog to the blog list!

  3. by RacerX, on December 22 2007 @ 11:29 pm

     

    That’s Great and very much appreciated

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