New Purchase of MFA Shares

Today the fund purchased shares of Mortgage REIT MFA. The shares were purchased for $7.43 per share. There is no timeframe on the shares but holding on forever would be nice. Some reasons for the purchase are below:

- financial sector exposure
- large dividend
- mortgage industry growth is improving

The fund also owns shares of Ford.


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

New Purchase of Ford Shares

KDK Fund has just purchased shares of Ford. The cost of the trade was $14.82 per share not including commissions. The goal of the trade is to hold onto the shares as long as the business, and management are successful. The plan is for dividends that are not paid out to the fund's investors to be reinvested. At some point in the future, out of the money call options will probably be sold to generate another source of income. Optionshouse was used to execute the trade. Reasons for the trade are below.

- 4% dividend
- A Lower PE Ratio
- Priced around support
- Good Management
- Growth in the Industry
- Leader in the Industry


**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.