i am an amateur investor, though i have been dabbling in the stock and other financial markets, well, they were all dabbling.
now, that i have decided to utilize the financial markets to help me earn my millions, mind you, it's in $$$ not in PPP, :)
as you visit my site, please let me know what you think about my posts' contents or the lack of it. you may leave such thoughts in the comments' box or let me know by email at amgaspar20@yahoo.com. i thank my sponsors, too.
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Friday, August 17, 2007

Portfolio

Well, the market is down. The Phisix is now at the 2,800 level. Scary, but that is how a market is supposed to behave - one time it's up, another it's down.

Below, is my portfolio at the moment.

STOCK

# of SHARES

Price

INVESTMENT

BKD

2,000.00

1.34

916.19

GMA7

500.00

10.50

5,279.93

MIC

800.00

6.50

5,229.64


I have three companies so far. And I bought them at the price specified above. Actually it's not. At least for BKD (Bankard, Inc.). P916.19 is part of a 43% profit I took when I sold several lots before the market went bonkers. My investment strategy is to sell at 50% profit, but I will only take the original invested amount in the market. This means that eventually I will be playing not with my money I earned with my blood and sweat :), but with the market's money. In that case, win or lose, I am safe. So I took in some of the profits. P916.19 is the difference between the original invested amount and the amount I received from selling some of the lots I own.

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