Daily Archives: October 19, 2016

October monthly stock purchase – Pennon (PNN) Whitbread (WTB) Centrica (CNA) Barr (BAG) plus more 1

October has so far seen stock markets reach new highs. The FTSE100 has skyrocketed whilst the FTSE250 has recovered from its Brexit blip. And although I own a portfolio of stocks, I am not happy to see stock markets rise. Higher stock markets mean that I am now buying a lower ownership stake in the businesses I like and that is never a good thing. Higher stock prices also mean that I am able to collect a lower dividend yield on the shares that I buy. I never like it when my favourite bar of chocolate increases in price and when stock prices rise, it has the same effect on […]