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Showing posts from July, 2007

Weekly Checkup 6 for Portfolio

Current Portfolio Stock: USD68,979 Cash: USD27,073 Two of the counters dropped in value, but the system I'm using does not allow me to do anything yet - I'm supposed to buy now (buy shades when it's raining), but the amount is too insignificant for me to take action. Too bad for the brokers. This is one reason why one must develop a system, and follow it. This takes the emotion out of investing. The market and the stock does not care whether you love it, or whether you hate it, whether you want it to rise or (rarely) to fall. It functions regardless of your emotions. So don't fall into that trap. I fell into it before, and vowed never to let it happen again.

Weekly Checkup 5 for Portfolio

Current Portfolio Stock: USD73,283 Cash: USD27,073 No action. Thank God for patience. Who knows what will happen the next week? But never force something to happen yourself. You lose money, and someone else laughs all the way to the bank.