O position closed today

Got a message from Robinhood that our position in O was closed today at $72.10

We first entered O on 7/26/2016 @ 70.15 per share. There was also a dividend paid while we owned the stock (O pays a monthly dividend). Overall this gives us a return of 3.06% after all fees/commissions/dividends. Not bad for 6 days! (Hint: we actually paid no commissions on this trade thanks to Robinhood being our recommended online brokerage)

We were 50/50 on whether or not to buy into this one because it was trading high and seemed a little over-valued in some ways. The only reason we did was because it's a solid company with monthly dividends and we would rather have cash in a stock than sitting in our brokerage account. This was one we were half-expecting to go down short term, but to be a winner long term...we got lucky, though. Turns out we were right and the stock did go up. So we locked in our profit and it sold today! =)

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Chris grew up in the United States but felt the world calling. After working throughout his twenties climbing the executive ladder, he left the corporate world in order to have the free time needed to focus on family more than money. Since then he has never held a regular job and spends his time honing his skills to make money grow on trees.He now travels the world with his wife and two sons.

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