It is done.
I bought VIV.PA Vivendi compulsively. Vivenndi is a fast growing global media group which pays 4% dividend yield… And… Now I feel like an on-diet young woman still in front of the fridge aver having eaten a full jar of chocolate ice-cream…
I feel like a compulsive gambler after he has again lost more than he could afford… I feel like a student who was supposed to wake up at 4 am to finish his homework, but then smashed the alarm clock…
I feel like we, the people, all feel every-time we do (again) something we had decided not to do.
Why I should NOT have bought VIV.PA
1) Because my strategy only allows me one purchase worth 1000 every month
2) Because timing could hardly be worse. Stock are shaking, markets are unstable, there is the Yen carry, a possible depression in the US, stock markets are still close to their highs and nobody really knows what was happening last week.
So, why did Buy 35 VIV at Euro 29,34 Each spending a total of Euro 1027?
1) Because Vivendi owns World of Warcraft : In the world of on-line gaming, there is WOW and there is everything else. With 8 million players worldwide, Blizzard (owned by Vivendi) earns about $1.5 billion a year on WoW. A fast growing cash cow which adds easy money to a company that already delivers good earnings.
2) Because today Vivendi announced better than expected 2006 earnings.
3) Because today Vivendi announced better than expected 2007 outlook.
4) Because today Vivendi announced a dividend raise from 1 to 1.2 Euro. now VIV had a 4% dividend yield!
5) Because VIV is in France and European Economy is in better shape and more stable than US economy.

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