I am watching my company before the market opens and wondering if I should buy some more shares of it or just wait.
I feel like it is bottomed out, and has been for the past six months, and I think it is going to get a lot more expensive soon to buy those shares. With a target price of $10 a share, the 28 cent price per share right now is hard to resist when thinking about buying more. I only have a few hundred bucks extra in the bank right now so maybe 1000 more shares. Heating and cooling system sales is where I got the money to buy the 16K shares that I now own, mostly coming from radiant heater repairs and other heating system service jobs. I probably should keep my few hundred in the bank though because next month I may be making a trip to another country to meet my brother and nephews. Besides, if that stock does what it is supposed to, my HVAC repair money invested will be worth $160K, which would buy one heck of a central HVAC system for my flat. Heck, I could buy another flat for that matter! But, a nice climate controlled flat here in the city center is now going for about $300K, unless you find one without any heating or air conditioning, which would run you about $220K at best. I think renting is a good option too though because you are more mobile when renting and can leave in a flash. Okay, off to do a ductwork job.