March 18, 2008
– Comments (5) |
RELATED TICKERS: SPF.DL
2 weeks & 2 days of investing and I've earned over $225 thus far.
I guess that would depend on how much you've invested... If you are happy with it then you are doing well. And to be ahead in this market is good...
Obviously, being in the black is good. However, in my opinion, the minimum unit of measure for investment performance is the year. See you then!
How am I doing?
"I drove to work 2 weeks & 2 days. No accidents and I was never late."
"When anyone asks how I can best describe my experience in nearly 40 years at sea, I merely say, uneventful. Of course there have been winter gales, and storms and fog the like, but in all my experience, I have never been in any accident of any sort worth speaking about. ...... I never saw a wreck and never have been wrecked, nor was I ever in any predicament that threatened to end in disaster of any sort. You see, I am not very good material for a story" -Captain Smith, Commander of Titanic
"We don't see any pressure on our liquidity, let alone a liquidity crisis,That cushion has been virtually unchanged. We have $17 billion or so excess cash on the balance sheet,"
Bear Stearns Cos (BSC.N) Chief Executive Alan Schwartz
"For six years American business has been diverting a substantial part of its attention, its energies and its resources on the speculative game... Now that irrelevant, alien and hazardous adventure is over." - Business Week, November 2, 1929
“No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”
Tuesday, 11 Mar 2008
Careful, my friend. It's only $225 once you get the fish in the boat, cleaned, and in the freezer. Don't forget that the market is fishing for you too, and it only takes a second for what looks like a tasty snack to turn into this:
Oh, good point, Biotech! It's best to think of stocks as owning a portion of a company, rather than some sort of currency. You don't make money until you sell the stock (assuming you're ahead of the commissions, etc). Until you sell, there's no dollar sign there. All you have is a percentage of a company.