Saturday, September 15, 2007

Hawaiian Electric & Cental Fund of Canada

I made new purchases Friday of Hawaiian Electric (HE) at $20.86 which now pays a 6.0 percent dividend. I made previous purchases of this company at a much higher price and hope this is the bottom.
I sold shares in Central Fund of Canada (CEF) at $9.40 for a 4.1 percent gain. I held for 3 months and again will wait for a price below $9.00 for another purchase.

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