Recent Buy: Nordea Bank AB

On December 15th I bought another 100 shares of Nordea Bank AB for 9.45 EUR per share. This was an existing half position which was now increased to full position. Similar move will be made for TeliaSonera AB at some point (most likely during Q1/2015).

Recent turmoil in commodity stocks resulted extra transactions which I didn’t have planned in my previous shopping list. This might not be a problem after all since I’ve decided to wait for better entry point for Munich Re (or some alternative european insurance company). Meanwhile I hope to increase my position on TeliaSonera AB, restore cash reserves consumed by the extra transactions and start monthly purchases on existing positions to maintain current weightings in the portfolio. On the other hand oil might present some unplanned entry points for companies such as Exxon and Chevron.