Posted by MartZee May 17, 2010
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Visa sold today


I gave up on Visa and even though my original stop loss was lower then today’s sell I decided not to wait for further loses and sold. I am going to wait for the market reversal and buy Visa back when it shows some strength and will to grow. Right now it looks like the stock will fall more.




TastyWorks

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Posted by MartZee May 16, 2010
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Picks 05/10 – 05/14


Trading Account:

New [tag]stock picks[/tag] this week:

Stocks bought or added to portfolio this week:
Bought 18 V @ 86.71
Bought 45 MED @ 34.13

Stocks dropped from portfolio this week:
none

Stocks watched this week:

none

Existing & new [tag]holdings[/tag]:
Symbol Qty Last Gain($) Gain(%) Stop ATR Risk to
stop (%)
[tag]MED[/tag] 45 35.76  72.90 4.75 25.48 2.5700 -25.36
[tag]V[/tag] 18 77.26  -170.24 -10.91 72.00 4.2500 -16.97

Contribution this week: $100

Current [tag]capital exposure[/tag]: -28.38%     Learn more

New positions available to open: 0     Learn more

Starting [tag]account value[/tag] = $2,080.90

Account value = $1,963.60  (without margin)

Buying power = $0

[tag]Portfolio Gain/loss[/tag] this week = -5.64%

[tag]Portfolio[/tag] Gain/Loss for MAY 2010 = -18.44%

Portfolio Gain/loss for 2010 = -33.35%

[tag]Annual Return[/tag] (CAGR): -30.35%

Lending Club:

Debt notes
Available cash: $8.21
In Funding Notes: $25.00
Outstanding Principal: $369.28
Accrued Interest: $2.46
Account Total: $404.96  Net Annualized Return: 12.85% 
Contributions this week: $0.00
Weighted Average Rate: 11.56%
Expected Monthly Payments: $12.34
Payments to Date: $8.31
Principal Payments: $5.72
Interest Payments: $2.59
Late Fees Received: $0.00

 
 

aboutthisboy.com

ROTH IRA Account:

New [tag]stock picks[/tag] this week:
05/10/2010 Bought 39.936 GABUX @ $6.26

Existing & new [tag]holdings[/tag]:

NTF Mutual Funds
Symbol Qty Last Gain($) Gain(%) Div.
Y(%)
Port.
(%)
AIGYX 83.472 13.82  153.59 15.36 7.13 30
ATIPX 106.395 9.03  20.57 2.19 7.04 25
GABUX 39.936 6.27  0.40 0.16 3.99 7
HISIX 26.918 6.57  -23.15 -11.57 4.56 5
SICNX 54.495 6.76  -31.61 -7.90 4.97 10
SWDSX 53.286 11.86  27.80 4.60 4.00 16
SWLSX 29.814 9.87  25.34 9.42 1.63 8
Individual ETFs
Symbol Qty Last Gain($) Gain(%) Div.
Y(%)
Portfolio
(%)
AOD 219.0 7.83  -289.08 -14.43 17.98 84
IGD 29.0 11.63  -19.43 -5.45 12.67 16
Individual stocks
Symbol Qty Last Gain($) Gain(%) Div.
Y(%)
Portfolio
(%)
Account target and current allocation
Individual stocks 0 42% 0%
NTF Mutual funds 3,836.20 38% 64%
ETFs 2,052.04 20% 34%

Contribution this week: $0

Starting [tag]account value[/tag] = $5,939.31

Account value = $5,970.72 

Dividends received in May 2010 = $5.01

Dividends received in 2010 = $111.73

Portfolio dividends yield 2010 = 1.87%

Portfolio dividends yield lifetime = 3.28%

Dividends received lifetime = $195.85

[tag]Portfolio Gain/loss[/tag] this week = 0.53%

[tag]Portfolio[/tag] Gain/Loss for MAY 2010 = -5.87%

Portfolio Gain/loss for 2010 = -1.97%

[tag]Annual Return[/tag] (CAGR): -4.10%

[tag]Portfolio Return[/tag] since inception: -13.15%


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

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TastyWorks

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Posted by MartZee May 13, 2010
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Visa (V) added to portfolio


Today I bought back Visa (V), which I consider a great stock with a great growth potential.

13:40:39    Bought    18  V  @  86.718




TastyWorks

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Posted by MartZee May 11, 2010
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Medifast (MED) added to portfolio


This time I weighted my decision to buy this stock and since the stock is one of the leaders which survived the drop and even rose in price, recently it received “strong buy” recommendation I decided to add shares of this stock into my portfolio.


14:07:44    Bought   45  MED  @  34.1399




TastyWorks

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Posted by MartZee May 10, 2010
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Should we chase this rally attempt?


When looking what the stocks, mainly those I was ready to buy back did this morning I said to myself “I should have hold them and I shouldn’t have stop loss applied. Today these stocks opened mostly with gaps and I could have made money.” Yeah. This is what I have tried last Friday and cost me money. There will be many other opportunities and chasing stocks just to make up previous loses is really a bad idea.

And the market can still turn down at the end of the day.

What is behind today’s rally? Just another hype based on Europe trillion dollar rescue plan. C’mon, is this anything solid? Stocks are rallying just because in Europe they will spend trillion of dollars to rescue Greece (which in my opinion will do the same job as throwing money out of the window) and other countries in troubles. Most likely they will have to print new Euros to do so.

The Wall Street is crazy.

I would agree jumping in if the rally would be based on the news of 290,000 new added jobs last month, but that doesn’t seem to be the fuel of this madness.

However, let’s see what the market will do today and next few days. Maybe the rally attempt will sustain and I can start buying back. This time with clear mind.




TastyWorks

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Posted by MartZee May 07, 2010
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Grrr I am so upset


I am so upset with myself now. All the rules and strategies I was working on for so long trying to protect my money and today morning I threw it all away.

Visa has been already sold on stop loss with a loss. I am such an idiot!!! Well I am expecting MED to follow soon. I am planning on buying these stocks, but this was too early and greedy vision of buying cheap blurred my mind.

OK, MED has been sold right now and I gave up some $200 dollars this morning. @##$%^@




TastyWorks

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Posted by MartZee May 07, 2010
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Visa, Medifast added to portfolio


This morning I added an initial positions of Visa and Medifast to my portfolio with very tight stop loss.

05/07/2010   09:40:16  Bought  20  V  @  84.0394
05/07/2010   09:46:15   Bought  50  MED  @  32.5399

However now I am admitting that these trades were a complete violence of my rules, so I am expecting to pay my “penalty” for it. Let’s see.




TastyWorks

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Posted by MartZee May 06, 2010
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TSL sold on stop loss


This morning TSL has been sold on stop loss:

05/06/2010   10:12:12   Sold  30  TSL  @  22.01

The drop of the entire market is impressive!! Great buying opportunity when this sell off is over.




TastyWorks

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Posted by MartZee May 04, 2010
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My Money Blog


My Money BlogI typically browse the Internet searching for investments as well as money making ideas. I am trying to find how I can boost my savings and investing, learn new things, “games”, money plays, you name it, which can pocket a few more bucks back home (to my own pocket). This is how I came across Lending Club as a potential investment opportunity, I created a dividend income strategy in my IRA account to boost saving by compounding reinvested dividends and I still search for new ideas and great blogs.

One of the blogs I found recently and consider as great one is My Money Blog. It depicts the financial journey of a young guy with great experience (in my opinion) with a few great ideas how to save, invest and make more money. I haven’t read everything yet, but I definitely will be doing it.

If you are like me, searching for new ideas, strategies and experience of others Jonathan’s blog is one of those you would like to read.




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