How I Roll.
Last night ozzfan1317 gave me an Idea for a blog, even though I place a greencheckmark next most of the stocks I own I've never told you about something that is important to me.
You see not every stock is equal in my book so why would I balance them the same. It really makes no sense to me, and sounds like an easy way to rack up commissions. I know most brokers advise that strategy , but why would'nt they I'm sure the make serious coin on it. So whithout further ado.
V- Visa 33.5% This is the first stock I bought when I started investing way back in April of 08 (It twas the worst of times, It twas the best of times) Right now shares are down because of fears of government interference. But I'm taking a loooong term view and saying that this will be a cash cow. I've been a buyer of Visa from as high as $75 and as low as $45. And I get an increasing dividend to boot.
Bud- Bud 13.1% This is my beverage of choice, so I know the company well. Think the dividend will only get larger and larger as they pay off debt from merge. Have to admit that I started buying a little under $20 and stopped at $40. So I'm happy with my position.
Brk.b- Berkshire Hathaway 12.3% Well, since I've read pretty much everything that Warren Buffett, and Charlie Munger have ever written, I'm pretty familiar with the company. I'm pretty sure that neither Buffett or Munger have made a deal with the devil for immortality, so on that sad day I would be looking to see how Mr. Market reacts and probably pick up some more shares.
CBOE- Chicago board options exchange 10.3% I probably went a little to heavy on this one, even though I waited till after the dust from the IPO it still went further down, but I'm taking at least a five year approach to this and I get a divi while I wait.
GE- General Electric 8.9% Until recently this was my second largest holding (I DCA'ed the heck out of this puppy so I'm in the green) But I really was'nt comfortable with that so I sold half. Once A feeling of distrust in management creeps in thats really hard to shake.
Exk- Endevour 5.8% I like this little junior minor, and I'm anticipating silver at $50 at some point.
TASR- Taser international 3.8% Ugh how did that get so high, guess I went a little bit nuts on the DCA. (It was at a buck something can ya blame me?) I like the product but management sucks. So I'll be looking to sell.
SIRI- Sirius 2.9% Took a gamble when they were teetering on bankcruptcy. So far it's paying off.
MCZ- Madcatz 1.6% After UL wrote up this company, I did some reaserch and noticed that this company liked to spike up and down. So I was trading at .30 cent intervals quite profitable. Never mentioned what I was doing on Caps since I did'nt want some hedge fund stealing my idea. But if you look at the chart the rapid traders are out, so I can tell my secret. Held a small position because I do like the company.
Emkr- Emcore 1.4% I've always followed this company, since my Father owns it. Never liked it but when it was well under a buck I dipped my toe. Looking to bail.
Spkl- Spicy Pickle 1.3% talk to me in a year.
Slw- Silver Wheaton 1.2% really wish I had a bigger position, but I had to use all my dry powder from 09 on boring stuff like bills (don't you just hate it when life get's in the way of your investment fun)
NEP northern petroleum 1.1% seriously, you can't tell me how many lemons are in your lemonade stand. BOOOOO!
CCME long name 1.1% well at least this part of my Chinese trifecta is playing out.
Heat- Smartheat 1% I'm gonna let it ride.
LODE.OB- Comstock lode .5% welp if they ever produce anything I might be alright. If not I'll let it go to zero.
Then theres the pump n' dump that I'm not going to dignify by mentioning. Bought it before I joined Caps and it sits at .01 cent. Thats the reason I find joy in red thumbing those bastards. Revenge is slow and sweet my freinds.
So as you can see I try to minimize risk by weighting my best ideas much higher, then the riskier ones. (Which for whatever reason I seem drawn to :) Were all gonna have losers but at least we can minimize the damage.
Disclaimer- this is not investment advice, as most of you know I'm just a regular dude with no formal training. I enjoy Footbal, Beer and long walks on the beach (just kidding on the last one). As you can see I'm not adverse to taking risk so anyone following based on what I say is basically an idiot. Do your own homework. I know I've spent Hours, Days, weeks and in some cases years researching my picks and I suggest you do the same.
WhooHooo! done with fiften minute to spare before kickoff :)
Well this was a very useful exercise, when I look at my port in this way. I just might have some selling to do.
Any Comments or critiques are always welcome.