Tuesday, December 5, 2006

my brazilian roots

so i was talking to a friend today and i managed to convince her that we should get a group of friends to go to brazil. only catch is -- that she needs to plan it cause i dont know anyone else who wants to go. so ive spent a good portion of today researching traval guides to brazil and such.

then it dawned on me. i actually have roots in brazil. i mean i am heavily invested in a brazilian holding company that distributes, generates, and sells energy. ive been investing in them for a couple years now. since i first heard about this company from my favorite capitalistpig.

my first trade was when the shares were at $22 and its gotten as high as $52 since ive held it. its currently at close to $41. ive reinvested a few times and id say CPL makes up about 15% of my portfolio now. not to mention CPL pays a very nice dividend. and the dividend continues to grow after each payout.

so i definitely will have to visit CPL in sao paulo.

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