The funding for my Zecco account showed up today - just 2 business days after I initiated the transfer, so not bad.  The transfer was for a total of $2,800 - the amount I have earmarked for stock purchases right now.  My wife and I decided on a basic strategy - half of the money will go towards large “safe” companies, and the other half towards riskier choices.  Already, I have made the first to purchases - Coca Cola ( KO ) and Bank of America ( BAC ).  I purchased 8 shares of KO and 13 shares of BAC.  Here’s the breakdown:

Co. Name Ticker # shares Price Paid Current Price Orig. Subtotal Current Subtotal Net Gain Net Gain %
Bank of America BAC 13 38.16 38.78 496.08 504.14 8.06 1.62%
Coca Cola KO 8 59.25 59.37 474 474.96 .96 0.20%

Both purchases where commission free, since I have over $2500 equity in my Zecco account.  I also made both purchases using Limit Orders - to make sure a sudden spike in price didn’t force me to buy at an unattractive price.

By my math, I will need to find one more “safe” company to invest in, and then a few small or micro cap companies.  I may even look at some precious metal / energy ETF’s.  For each purchase, I’m trying to make sure I buy right - that is, for less than the intrinsic value of the stock.  At some point, I’ll add my actual stock portfolio to my Llamafolio page, so both portfolios can be tracked.

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