MONSTER PORTFOLIO 2011
Balance: Inception 01/07/11
$1977.32 Stock
$13.65 Cash
Total $1990.97
Balance: Week 2 01/24/11
$1959.24 Stock
$64.65 Cash
Total $2,007.65
Decreased value of $125.84 from the close of last weeks balance of $2085.08 excluding cash deposit for a loss on the week of -6.0% Ouch!
Since Inception: -.91% overall Call it down 1%
I didn’t say making money is easy as you can tell from the numbers I took a beat down last week. My 2 stocks had a great run and are taking a break for the moment. This goes to show you that diversification could have eased the losses, but until we reach $10,000 the volatility will continue. Weatherford (WFT) reports earnings tomorrow so we should get a boost in the portfolio by the end of the week. I don’t see Weatherford failing me now! Also, pay attention to the cash increasing as this will allow me to take advantage of buying more stock in the future. I have $64.65 in cash at the moment, but its steadily building up.
Current Holdings:
Weatherford International (WFT)
Cosi Inc. (COSI)
Nice day for Apple (AAPL) up $10.73 a share or 3.28% on the day to close at $337.45. Nothing to be afraid of. Apple is heading higher!
Happy Trading!
Clay-
Clay,
ReplyDeleteI am now invested in CWNR. I bought the stock at $0.385 per share. Let's wait and see where is goes. I have my fingers crossed.
Yeah Apple, Ford, WFT, CAT!!!!!
CWNR I will have to keep an eye out on that one! Yeah all those stocks are doing quite well -Ford last week, but all in all they have moved higher.
ReplyDeleteClay-