F $9.66
I bought Ford for two reasons. One, I had a little bit of money left over from my buying spree. Not a lot, but probably $20 or so. I also wanted to diversify my investments a little bit. Some people say you should diversify, so I was trying to make that happen. I figured I should try a new industry and automobile seemed like a good choice.
I’m not especially a Ford fan, but I have owned them. I don’t crazy about cars, so I am not specific when I look at cars. I buy what suits my needs at the time. I haven’t actually bought one for 12 years or more.
But the stock was only $9.66, and it paid dividends! Bonus! I had twenty dollars, so I bought 2 shares. Like most dividend stocks, it hasn’t gone up too much, but it has had a nice slow climb. I think at this point, it’s about $12.50 or so.
I did try to spread my money out through a number of companies as I was going, and so when I had this little bit extra, I figured I would put it to use.
