Buy TA Enterprise

This is not a massive purchase, but I like the stock particularly its strong asset backing. TA as a stockbroker is no longer dominant - quite the right thing to do as the business is not as profitable as what it used to be before. Commissions is now reduced.

However, TA is still a careful and diligent investor. TA has nowadays been more interested into buying assets overseas - hence if you want some exposure overseas, this is one company. It has been buying hotels - good long term asset hold in very established markets.

I have written about TA some time ago, and during then was cheaper. I think it is not too late though.