Portfolio Update 20130401

I have been inactive for so long in OptionsXpress, my choice of US-based online broker, that they have cancelled my account (and without informing me!). In this time and age, one would have thought an automated e-mail can be sent to the customer first, checking out if they want to keep their account, before killing said account. I can still track everything manually, so it is not really an issue, though.

QQQ Portfolio

Stock: US$82,764.00
Cash: US$61,141.85
Total: US$143,905.85
Benchmark Oct 2007: +13.40%

A sell signal flashed, so I sold off 100 shares, maintaining more ballast.

I have stopped following my other portfolios. The Sorry Portfolio should seriously be liquidated and a reset given to it. Without significant leverage, the FOREX portfolio is as sorry as the sorry portfolio. The system seriously likes something a bit more volatile, and so far QQQ has shown that aspect.

Comments

Post a Comment

Popular posts from this blog

Yet Another Collapse and the Beginning of BitCoin Mining

It all started when the NZ regulatory body withdrew the broking licence from the HYIP I was investing with , because their fixed income product (the HYIP I was investing with) does not fit into the broking licence's regulations. The HYIP's banking accounts got frozen later, resulting in their inability to repay their investors. I have been through something similar with my own private investment fund, as I become aware of regulatory hurdles that I would have to cross when I reach a certain size, and how banking bodies would start to check on me (ostensibly under money-laundering laws) when the money coming in from broking houses become larger. My fund closed before I could ever reach that stage, and so I watched with bemusement as anger and frustration built up within the Telegram investment group I was in, over being "scammed" by this HYIP. I moved instead into BitCoin mining, and my USD599 investment into the mining pool (whose mining equipment is in Iceland) in la...
Read more

Why I Prefer Investment MLMs Part I

It was a very enlightening conversation I had with Alex, one of my mentors in investmenting. What he shared is precisely my experience with many MLMers who burnt out, which is why I prefer to invest in investment MLMs rather than product MLMs . WHY I GET SUSPICIOUS WHEN MLM'ERS WON'T GIVE ME STRAIGHT ANSWERS I find it very interesting that practically most MLM'ers will not give me a straight answer to the question: "How long have you been at your MLM business and how much are you making now?" Usually they will divert to talk about how much their upline is making. I am not interested in how much your upline is making. I am more interested in what you have made after all the years you are in if you say the business you represent is really that good and lucrative. If a business proposition or investment is that good, I will be prepared to divulge the exact details as to how it is that good and will even open my accounts to show "where is the money"! Also, w...
Read more

The End of an Investment Cycle

It has been nearly a year since I last invested for a monthly return of about 8% each month. The company just reminded me that my yearly investment cycle (the contract locks my investment for a year) is up, and I should choose either to renew at a returns of 3% less each month (about 7% after calculating for FOREX) or to withdraw and to start a new contract for a one time fee of 3% of the investment of USD1000. I thought the math was very straightforward and somewhat of a no-brainer. I have chosen to withdraw and to start a new contract. The other HYIP I have started (which I have expressed doubt in my previous post ) has collapsed. There is a reason why I only invest a tiny amount for such HYIP. After this episode, I have told myself not to invest any more into any HYIP where the leverage just does not work out, or where the outlay is so ridiculously low (USD10, anyone?) that it being a money game is just so clear. I have to learn to listen to my hunches when it comes to investments. ...
Read more