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Showing posts from January, 2008

Week 30/12: Mopping Up More Shares

Boring Portfolio Stock: US$73,675.00 Cash: US$24,193.95 Total: US$97,868.95 My stock section of the portfolio continue to slide, due to a financial company that I have invested in. The system decided to mop up another USD1300 of shares, which I placed in the financial company. It has good fundamentals and a strong brand name and I believe should be able to ride the storm. QQQ Portfolio Stock: US$46,109.00 Cash: US$47,384.90 Total: US$93,493.90 Week 12 sees further weaknesses. It takes stomach of steel to buy when things are dropping, but that's the difference between a committed professional and an amateur.

Week 29; Minor Adjustments to Purchase

Boring Portfolio Stock: US$72,783.00 Cash: US$25,649.90 Total: US$98,432.90 The market moved enough south for the system to finally trigger a buy...of about US$1600 worth of shares. I purchased an additional 50 shares of a bank. The commission of US$9.95 is still bearable. I treat it as transportation costs in a traditional FMCG business. QQQ Portfolio Stock: US$45,496.00 Cash: US$49,286.85 Total: US94782.85 The system triggered a buy of about US$1000 worth of shares. I purchased an additional 20 shares. It would be interesting to see how the two portfolios compare over the years. This portfolio has only been around about 11 weeks.