Investment "Logic"

On Thursday, I purchased approximately one third of a full position in Walt Disney Corporation (DIS), otherwise known as Disney.  This expands my portfolio into the entertainment space, given I currently hold shares of Cedar Fair (FUN).  The purpose of this purchase is to begin a transition away from Cedar Fair.  The company and the stock has not been performing up to expectations as of late.  Despite the strong dividend of over 5%, the company lost all of the capital gains I had in it and then some.  This was poor management on my part.  Regardless of what I did or didn't do right with Cedar Fair, I still have faith in the Entertainment industry.  However, I felt it would be more appropriate to diversify myself outside of just amusement parks.  I feel the timing of this switch is ideal too.  Besides the theme parks which Disney has and are doing well, they have TV via ABC channels and ESPN, which is starting to turn itself around with it...

Last week I bought an initial position in Canopy Growth Corporation at a share price of $50.  This company is an early entrant to the Canadian Pot industry as a producer of both medical and recreational marijuana, a new market that opens up the first of October, now that the country has legalized it. Pot stock have been hot - really really hot.  There's no doubt that many of them, Canopy probably included, are over valued right now.  While I was looking to speculate there's a lot of publicity in this area right now.  I would say that I felt Canopy was one of the better stocks, though we all know there's another out there that has been surging in astronomical proportions due to shortage of stock availability.  The nice thing about Canopy is that they're adequately capitalized and won't likely look to raise cash through offering more shares.  However, there are a lot of other companies out there that will need to and even more that will be looking to go p...

After much contemplation, I decided it was time to move into a new position today and purchased half of my position in Raytheon at $188.50.  Raytheon is a defense company primarily known for the production of Patriot Missiles - a surface to air anti-missle defense system.  However, they also produce other items, play in cyber security and deep analytical analysis as well.  My theory is related to the fact that the US is looking to bolster their own military capabilities, to which Trump's declaration for a space force added to, but also the fact that the US is no longer spending as much of its money to protect its allies.  This means they need to increase their own purchases and Trump is using defense as something he's trying to push in all of his trade discussions.  These situations, I believe, spell out a strong runway towards ongoing profits in what is generally a robust global economy right now.  It is true that the Trade war pressures has the potent...