Comments on: Marketman & Family’s Stock Portfolio

By: erbie

erbie — Sun, 19 Oct 2008 03:23:59 +0000

MM,Thanks for making my sunday complete. The Teen is sure lucky to have you as financial mentor and dad.. :)

By: Mangaranon

Mangaranon — Thu, 16 Oct 2008 09:22:10 +0000

The “safest” way to be in any market is to do it the fold fashioned way — eschew margin. Debt, after all, is the “drug” of finance!

By: Blaise

Blaise — Thu, 16 Oct 2008 05:06:57 +0000

Warren Buffet bought some stocks of General Electric too, so I guess that is a very good choice for The Teen.

It’s nice to be back..

By: Marketman

Marketman — Wed, 15 Oct 2008 22:08:03 +0000

Bong… this is just the beginning… I expect a LOT of VOLATILITY in the next six months, but looking out several years, I am hoping this sample portfolio will yield reasonable returns. But in the short term it could go down another 20-25% if things really tank…

By: Bong

Bong — Wed, 15 Oct 2008 14:54:04 +0000

Coca-Cola! Great choice MM! Bloomberg just reported 3Q profits better than expected because of increased sales in China and India. Looks like they’re not drinking as much tea in these countries like before.

By: RobKSA

RobKSA — Wed, 15 Oct 2008 04:33:23 +0000

fried-neurons, I too started the same time as you and I got very badly. I got greedy seeing friends earn tons of money from technology stocks and dive into it without really understanding anything about it. Madspartan, GE is a play in alternative energy as it has a business in wind turbines, solar panels and stuff like that. There are pure plays in alternative energies such as “green” mutual funds and other companies but I am not a big fan of these stocks right now. If I have to gamble I go for biotechnology stocks (I currently own 2000 shares of EXEL).

By: Marketman

Marketman — Wed, 15 Oct 2008 02:56:03 +0000

Gerry, I was just trying to keep the example/simulation simple for The Teen, by investing a hypothetical 20K per stock… I don’t own any Philippine stocks and haven’t for a long time… the main reason? I don’t think local companies are really driven by transparent, stockholder driven behavior… so many of them are controlled by single individuals or families, leaving the public as a small minority of the outstanding stock… PLDT is probably one of the few that is world class from an investor’s perspective… but that is only my personal opinion.

By: Gerry

Gerry — Wed, 15 Oct 2008 02:32:51 +0000

In the simulation you did, maybe you should have given yourselves the liberty to go over or under the stipulated 20K per stock to reflect a more realitistic situation. It adds the element of aggression or constraint when dealing with equities. That said, what do you think of the local PSE?

By: Marketman

Marketman — Tue, 14 Oct 2008 23:09:16 +0000

madspartan, thanks for the tip, will definitely try and get a copy of the Friedman book… I have been reading so many cookbooks lately, I have eschewed the finance related ones and need to catch up… :) And yes, there are alternative energy stocks, I am just not familiar with them. Their time will eventually come for the really efficient technologies of the future… fried neurons, I do agree with you… and schadenfreude…boy, that’s a word that is getting a lot of use lately… APM, thanks for the link! Jun, that is amazing that he donated the money to charity, cool…

By: madspartan

madspartan — Tue, 14 Oct 2008 22:49:51 +0000

Clueless about trading too(good thing my funds are limited). So blame my ignorance when I ask if there are no alternative energy stocks being traded. Just thought that with oil being a limited resource, people would be clambering to put money into alternative energy concerns — just so they can be on board when OPEC loses its power of sway. Or is this a pipe dream? (pun not intended)

Midway through “hot, flat and crowded” by Thomas Friedman – a bit alarmist, but firmly based on your realities #1 and #2. You might want to check it out.