Comments on: MM Stock Portfolio Up 43% in One Year!

By: Jack Hammer

Jack Hammer — Mon, 16 Nov 2009 12:34:42 +0000

Well Done MM !!!!!!
Most people Invest in Stock Portfolios as a Buy and Hold Strategy !!! or to make a quick Killing.
In my opinion, one should look at a Portofolio, to use a Metaphor as a garden of Beautiful Flowering Plants that bear fruit when carefully nurtured and looked after like pruning, fertilizing, etc.
The same way with a Portfolio to succeed you need to pick up 10-20 Value Stocks and buy and sell the same stocks when they go down and up, using Technical Analysis like Fibonnacci and Elliot Wave.

Good Luck !!!!!!!

By: Lava Bien

Lava Bien — Wed, 14 Oct 2009 12:31:39 +0000

@ Jody – look into buying wines from either Argentina or Chile they are one of the top 5 best selling countries when ti comes to wine. Look it up.

By: Lava Bien

Lava Bien — Wed, 14 Oct 2009 12:29:04 +0000

Before Everything tanked, I was making 25%-30% gain on my Siemens Stocks and was able to cash out before the crash and end my Siemens employment also, juct got lucky on the timing.

For some reason I missed your post for the rent v own thing, glad I caught it, and really helped me get my perspective right. I’d rather invest my money somewhere else than buy another real estate property in the Philippines. I’d admit I didn’t know it wasn’t tax deductible like it is here in the states. Shame on me. I’d just buy a place there when I’m ready to go live there fulltime and do business. My folks still got a house and a farmland so I could always stay there whenever I visit (though they haven’t lived there neither for deacades)

By: mon g

mon g — Wed, 14 Oct 2009 06:47:08 +0000

Hmm haven’t read that rent v own bit. I’m renting now and damn lucky I am with the way the economy is. At least I can sleep at night knowing I don’t have to worry about a mortgage.

By: peter v

peter v — Tue, 13 Oct 2009 07:17:51 +0000

can’t agree more with ariel. no jobs = unstable economy. with the dow getting close to 10,000 again i think it’s just superficial. i’m still on the sideline watching and waiting.
can’t really trust the current administration

By: ariel

ariel — Tue, 13 Oct 2009 05:21:55 +0000

there will be no complete economic recovery while millions of Americans are still unemployed. Obama now and in the future months cannot just talk about jobs he has to actually produce some. in california, 2 out 5 are unemployed and the true unemployment rate (U6 which includes self employed and independent contractors – which make 40 percent of the work force) is 17 percent. if America does not bring back some manufacturing there will also be no recovery.

just my 2 cents, still dangerous times to play the stock market.

By: ted

ted — Tue, 13 Oct 2009 01:35:22 +0000

I don’t put all my eggs in a basket, diversification i think is key (75%stocks/25%bonds is my preference). I did not re-balance or withdraw from the acct but religiously kept putting money into it, which is the way you should be doing when you are a long term investor. Mind you i’m only putting 5% of my pay plus the 5% match from my employer. I have all my statements from my vanguard mutual fund acct and from Dec 31, 2007 to Dec 31, 2008 All my investments were down by an average of 36%, From Dec 31, 2008 to present I’m up 42.6%. Comparing my balances from Dec 31, 2007 to present i’m still down by a mere 8%. But let’s just wait till end of year, things are moving up for the better, and my forecast is again at 91% that I can retire comfortably.

By: JR

JR — Mon, 12 Oct 2009 16:42:27 +0000

MM,

We lost almost 30% of our retirement investments due to the weak & volatile market conditions at that time. I made mistake last June when the market was at 6300 or 6700 points. I accidentally re-balance all our investments and didnâ€™t realize my mistake until two weeks later. I thought I was re-balancing for future allocations. I was reviewing our investments with the portfolio manager and he commented on my good buy when the market was down. I felt really stupid when I realized what I had done and it could have gone the other way. My friend later told me that he should have taken a picture of me because I turned ashen white and it was priceless.

Well the moral of the story is I should be more careful next time before I point and click. I don’t know if I should call it plain luck or just stupidity on my part.

The best news is we will probably break even by the end of the year according to our portfolio manager and be up 2% to 5%. I also got the statements and we made 25% this year as of the 3rd quarter.

By: Lava Bien

Lava Bien — Sun, 11 Oct 2009 12:36:14 +0000

Wow MM, saludo ako sa ‘yo. Wow!

By: mary kim

mary kim — Sun, 11 Oct 2009 10:48:57 +0000

We also thought it was a bad move because the economy wasn’t that good last year, our stocks were down like -47% and this month it’s +27%, maybe we’ll sell it sometime later on, the houses here are all goin up.^ ^