This week, four of the portfolio holdings ranked in the Top 10: FMCB, MMM, QCOM, and TDS.
| Ticker | Account Value |
| FMCB | 952.00 |
| MMM | 2,443.06 |
| QCOM | 2,336.00 |
| TDS | 2,400.00 |
The lowest amount belongs to FMCB. FMCB last traded at $952.00. Therefore, in order to invest a minimum of $250.00 in FMCB, I need to purchase 1 share this Monday. As the anticipated investment is greater than $750 but less than $1,000, I will suspend the weekly investment of $250 for two consecutive weeks after this acquisition.
FMCB trades over the counter (OTC), and the current bid/ask spread is $953/$975. I will submit a limit order to purchase 1 share for no more than $967. This is the highest amount at which FMCB would still have made the Top Ten. At $968, it would have ranked 11th and another company, not currently in the portfolio would have been 10th.
If the order doesn’t process on Monday, I may close the order and announce a different trade for the week to be executed on Tuesday. Stay tuned.
Below, is the purchase history and average cost calculation.
