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new bank stock

July 9th, 2011 at 10:28 pm

Perhaps you remember that I have some drps - stocks where I can add to my position in small amounts along with reinvesting the dividends as they come up quarterly. My bank stock had been ailing since the near-implosion in the fall of 2008. I say had because as of July 1, it had been acquired by the Bank of Montreal (BMO). I discovered that the transfer agent (the banking/ accounting entity that you buy the shares from) is the same one as my KO stock. Good news - no new weird one, and they are very prompt with the payments. It appears that I can drp in that one also, but I've asked for the prospectus. The only odd thing is that the account is kept in Canadian dollars.

Stocks went up in the last couple of weeks (though not on Friday) - my net worth broke 600K again. We'll see if it holds.

Have 5 more days til I close this year's change finding adventure. I found .21 today, and I'm at $88.23. Probably not going to hit $90 this year ... but $88 - $89 is darn good enough.

Nope, nobody had Betty Ford.

On the crafty side, I'm making progress. I have only a couple more frames to paint, and I've finished gluing the glass and tile bits into my mosaic. I also bought a bit of thinset mortar ($12 for a box), and found a notched trowel for $2 at Goodwill. Gotta love it when I can find what I need at the thrift store. I've emailed the mosaic teacher several questions. When I get the answers I'll take the plunge and get the mosaic mortared to the board. Grout awaits! will

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