Why I Bought and Sold Coca-Cola (KO)

I bought Coca-cola (KO) at a low price of $37.21 during the recent market downturn. That was before the results were announced on 18 Feb.

The share price went up slightly thereafter. Even with the news of the tie-up with Green Mountain coffee, the share price did not move much. Considering that I was sitting on some paper gains, I decided to cash out. Thankfully, I did so before the results were announced. This is probably one of those rare occasions where my timing of the market worked.

The results released on 18 Feb was probably met with some concern as the share price dropped quite a bit to close back at near the price that I had earlier bought it.  Investors are probably fearing that 1% to 2% global volume growth will become the new norm for Coca-cola.  The fact that some states in the United States are thinking about implementing soda taxes doesn't help either.

Disclaimer:  Not vested currently.  But looking to buy if the stock dips any further.

Investments and Dividends for November

Made quite a few investments this month.  Bought into a few stocks/REITs:

• 50,000 shares of Thakral
• 10,000 shares of LMIR
• 20,000 shares of Saizen

Dividends/passive income for November was quite okay.  Roughly $250.  Most of it were contributed by Gamco Global Gold and Natural Trust (GGN) and Armour Residential REIT (ARR). ARR is a mortgage REIT.  Both stock prices hve declined quite a fair bit but I will like to think that my strategy is one where I will diversify a bit into other stocks rather than focusing on just these two stocks.

I also bought some shares of the Coca Cola Company (KO).