Morons! All of me!
Dec. 22nd, 2009 07:52 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
I'm in the black! Only...not as much.
So my horrible RIMM-job is clawing its way back up into tolerable negative territory of --15.22%, while my "maybe the US will make stuff again someday" industrial base stock Corning (GLW) has gone up a respectable 21.52% in under a year. With equal amounts in each I am back in the barely-black again of about +3%. You know, like a CD or savings account interest rate, only with more work, stress, monitoring, and tax liability potential.
However, when you consider my other considered stocks at that time (considered and listed in a spreadsheet on 1/9/09) and their performance as of today:
Apple (APPL) $109, today $198 - almost double
UHaul (UHAL) $34, today $52, 52%
Drew Ind DW $10, now $20.82 - about double
Goldman Sachs $80, now $165 - about double
Food Locker $7.36, now $10.44 - 42%
Hanes $10.77, now $25.50 - double and half again (ok 137%)
Coke (KO) $45, now $57.18 - 27%
Ho-foods (hfmi) $18, now 27.55 - 53%
So I can identify winning stocks, I'm just too stupid to buy them.
So my horrible RIMM-job is clawing its way back up into tolerable negative territory of --15.22%, while my "maybe the US will make stuff again someday" industrial base stock Corning (GLW) has gone up a respectable 21.52% in under a year. With equal amounts in each I am back in the barely-black again of about +3%. You know, like a CD or savings account interest rate, only with more work, stress, monitoring, and tax liability potential.
However, when you consider my other considered stocks at that time (considered and listed in a spreadsheet on 1/9/09) and their performance as of today:
Apple (APPL) $109, today $198 - almost double
UHaul (UHAL) $34, today $52, 52%
Drew Ind DW $10, now $20.82 - about double
Goldman Sachs $80, now $165 - about double
Food Locker $7.36, now $10.44 - 42%
Hanes $10.77, now $25.50 - double and half again (ok 137%)
Coke (KO) $45, now $57.18 - 27%
Ho-foods (hfmi) $18, now 27.55 - 53%
So I can identify winning stocks, I'm just too stupid to buy them.
no subject
Date: 2009-12-22 01:09 pm (UTC)Savings account rates were more like 0.3% over that period, so you're doing better than that.
And remember: Until you sell, there is no gain or loss on your investment.
(no subject)
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Date: 2009-12-22 02:11 pm (UTC)(no subject)
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