Or is it another bounce? Today the market entered into another rally attempt, fourth in a row. The market rallied on a new bank bailout, which I personally do not like. Banks are receiving excessive monetary help, but can any of you experience any improvement? Did your interest rate go down? Would you be able Continue reading →
My journey from money wasting sucker to a successful dividend investor
Archive for January, 2009
Is the market looking for a new uptrend?
The stock market seems to be bouncing at the bottom. When looking at the chart, the stock market failed two rally attempts and it seems like it cannot fall through its virtual support line. Is it really a bottom, from which the market would be able to jump up? Or is it just bouncing like Continue reading →
Picks 01/19 – 01/23
No new picks. There is nothing to buy out there. Existing holdings: 100% CASH Contribution this week: $0 Starting account value = $2,009.80 Account value = $2,009.80 (without margin) Buying power = $2,009.80 Portfolio Gain/loss this week = 0.00% Portfolio Gain/Loss for JANUARY 2009 = 0.00% Portfolio Gain/loss since inception = -19.19% Annual Return (CAGR): Continue reading →
Picks 01/12 – 01/16
No new picks. There is nothing to buy out there. Existing holdings: 100% CASH Contribution this week: $0 Starting account value = $2,009.80 Account value = $2,009.80 (without margin) Buying power = $2,009.80 Portfolio Gain/loss this week = 0.00% Portfolio Gain/Loss for JANUARY 2009 = 0.00% Portfolio Gain/loss since inception = -19.19% Annual Return (CAGR): Continue reading →
Dow plunged 248 points and ended rally once again
The stock market opened down, continued its downturn all day and counted its sixth loss in a row. Bad economic data slashed the rally attempt to dust. Are we heading below 8000 points? Dow -248.42 -2.94% 8,200.14 Nasdaq -56.82 -3.67% 1,489.64 S&P -29.17 -3.35% 842.62 The last rally was mostly led by weak stocks on Continue reading →
The stock market is growing, but on weak economic data
The stock market has been growing since December 8th, 2008 in a modest pace in spite of bad economic data. Are we really at the bottom of this crisis? Economists say, the crisis is over, stock markets are bottoming or turning back up, some stocks are forming their patterns, but is it really over? Is Continue reading →
Picks 01/05 – 01/09
No new picks. There is nothing to buy out there. Existing holdings: 100% CASH Contribution this week: $0 Starting account value = $2,009.80 Account value = $2,009.80 (without margin) Buying power = $2,009.80 Portfolio Gain/loss this week = 0.00% Portfolio Gain/Loss for JANUARY 2009 = 0.00% Portfolio Gain/loss since inception = -19.19% Annual Return (CAGR): Continue reading →
Picks 12/29 – 01/02
No new picks. There is nothing to buy out there. Existing holdings: 100% CASH Contribution this week: $0 Starting account value = $2,009.80 Account value = $2,009.80 (without margin) Buying power = $2,009.80 Portfolio Gain/loss this week = 0.00% Portfolio Gain/Loss for JANUARY 2009 = 0.00% Portfolio Gain/loss since inception = -19.19% Annual Return (CAGR): Continue reading →
Investing Resolution
The 2008 year is over. In spite of the crisis it was a successful year. My income increased and I have bought my own condo. This purchase prevented me from accomplishing my goals for 2008 year, such as building my emergency fund. I used most of my reserves for a down payment. In investing I Continue reading →
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