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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! PORTFOLIO #3....... 235 comments
    Aug 1, 2013 10:35 PM

    THIS CHAPTER IS FOR POSTINGS FOR THE PORTFOLIO CHALLANGE ONLY !!

    SO ALL UNDERSTAND YOU HAVE TO PLACE YOUR TRADES DURING NORMAL TRADING HOURS AND YOU GET THAT DAYS OPENING AND CLOSING PRICE. WE ARE STOPPING THE 2AM DEADLINE. IF YOU POST AFTER 4PM YOU GET THE NEXT DAYS OPENING PRICE.

    What started out as a small group discussing anything related to investing has grown extremely educational over the last few months.

    We have Authors, Financial Advisors, Seasoned investors, Experts in specific fields, and just the average Joe pitching in...

    Folks.. we are growing and posters like it. If you are new to investing then this site is for you.

    Here is the link to the READING MATERIAL http://seekingalpha.com/instablog/5038891-interesting-times/1998262-interesting-times-for-all-commodities-and-investments-reading-material

    I am going to be the first one to admit that I haven't a clue when or if Gold and Silver will ever take off in price. I invested thinking they will though. Additionally I don't see much coverage or articles pertaining to the other commodities. So I started a blog where every commodity, and every investment is on the table for discussion. Even political questions. I only ask that you be courteous!!

    Someone posted the difference between being smart, foolish, and a moron. Well I have been all of the above and I will "man up" and admit it! However I came away from those experiences with both battle scars and knowledge.

    For years I have been reading basically any day now Gold and Silver will explode. I am by far a gold or silver bug. Yet somehow the can gets kicked down the road and I live to learn another lesson. Then Sprott's ETF'S (PSLV) are talked about as being safer then others (GLD) and (SLV).

    With all the QE'S basically not creating any new jobs what will be the consequences in the future?. Will we be "CYPRUSED "? Are we in a serious stock market bubble? Obviously we read daily about these concerns but what about other INVESTMENTS? Here is where most of us are uninformed and relish an education.

    Individual stocks are fine to discuss as well. All of us know that commodities should only be a % of your portfolio. I owned (PSEC) and liked the dividend. Others may not ! So please feel free to entertain your picks and why!

    REE'S have been an interest for a few of us over the last couple of years. I had exposure to Lynas (OTCPK:LYSCF). Some posters might have questions about this group as well.

    If you disagree with a post please bring proof and display your argument. If you agree with a post, find one interesting, or have questions please feel free to respond. We must remember were all in this together. So if you want to talk politics and how it affects everyday life, fine with me!!

    Now if some have an opinion on Copper, Zinc, Palladium, etc. Do not hesitate to post that. Most of us might not understand the post but I am sure we'll be open to learning. Lumber might interest someone and I would like to learn why I should invest in it. PLEASE bracket any symbol as it also allows a reader to click on it and get some data.

    My part time job is a college and high school official so I can sit here and referee all day long. I honestly hope that ALL will be professional with their comments. So lets see who comes on board. Looking forward to what can become a nicely knit group of diversified investors.

    I have invited a few Authors whose work I admire to bring their expertise to the forum here as. Tom, Eric, Hebba, Doug to name a few, in no particular order, will drop in once in a while to voice their opinions. Please feel free to ask your favorite Authors to join in the discussion.

    These are highly recommended people that I suggest you follow as well. I have learned a ton from them and find their work both challenging and engaging. Two areas that I hope inspire people who normally don't post to now feel free to do so !!

    Now I also feel compelled to encourage the use of the like button. It is human nature that once someone posts and see the like button add up they will feel they made a valid point. Upon that feeling they will post again! So if you do like what someone posted, either a question or an answer PLEASE use it ! It might help our core grow exponentially as well

    LURKERS , we are waiting for you to post here too!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: Unfortunately I had to ban my first person. It is sad.

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Comments (235)
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  • Author’s reply » Ok, I might be selling my big 10% gainer in one day !! Also as I have stated sadly I have BANNED ROS from the competition. So any of his posts will be removed one I see them..
    1 Aug 2013, 10:37 PM Reply Like
  • Author’s reply » I know FEAR is having the same problem I am. But is anyone else having an issue with the home page of SA? I am not seeing the articles I follow and at the left hand side my stocktalk is just spinning!!
    1 Aug 2013, 10:51 PM Reply Like
  • All is fine here with SA homepage. Change your batteries lately?
    1 Aug 2013, 11:33 PM Reply Like
  • Just a heads up for my SYPR shares:
    Sypris Solutions, Inc. declares $0.02 dividend
    Sypris Solutions, Inc. (SYPR) declares $0.02/share quarterly dividend, in line with previous.Forward yield 2.42%Payable Oct. 10For shareholders of record Sept. 20Ex-div Sept. 18

     

    I will just add the dividend to cash on 10OCT13.
    2 Aug 2013, 12:23 AM Reply Like
  • Author’s reply » Yup, time to lock up that one day 10+% GAIN

     

    So selling (VICL) 989.637 shares @ 4.06 which will give me $4215.85 as cash in the bank. Track is open tonight so I may be able to double it !!

     

    Had more red on my screen then I would like to see!
    2 Aug 2013, 01:16 AM Reply Like
  • IT,

     

    As for the weekend hours, whatever you say is fine. I think in the last chapter you said midnight but not sure.

     

    The futures, (like gold for example) open at 5 or 6 pm Sun evening, not sure exactly what time but someone here probably knows, so you might want to cut it off by then as it could give some clues to the next day open.
    2 Aug 2013, 06:41 AM Reply Like
  • Author’s reply » @tampat.

     

    Good Point. FEAR , what is a good cutoff point over the weekend so that no one gets any hints. To use Fridays close you must enter the trade by ????? ( what time) ( what day)

     

    Thanks!
    2 Aug 2013, 09:35 AM Reply Like
  • I vote for cutting it off by midnite friday or earlier. Things like the Japenese sunami can make a big difference in markets. Besides I can't trade on Sat. or Sun. in the real world.
    2 Aug 2013, 09:39 AM Reply Like
  • I vote same as any other day - 2am Sat morning, to get Fri's closing prices.
    2 Aug 2013, 09:41 AM Reply Like
  • IT, Extreme,

     

    I agree with extreme's logic, it should all end on midnight fri.
    end of business week.. therefore no one can trade on weekends..

     

    i.e. breaking news on sat am or a report in barrons ( weekend edition) , someone could get info , post a trade on sunday night, based on info that wasn't available Friday eve.
    2 Aug 2013, 09:44 AM Reply Like
  • @ FG

     

    Does stuff come out between midnight and 2am on Friday/Sat... that doesn't come out in those hours during the week?
    2 Aug 2013, 09:46 AM Reply Like
  • >IT-

     

    I suggest that anytime a modification of the rules is made that the header at the beginning of the blog reflect such change, possibly in italics?

     

    Many people (like me) just don't have the time to read every post where a change is agreed upon and could miss something important.
    2 Aug 2013, 10:02 AM Reply Like
  • >CURLS-

     

    "Does stuff come out between midnight and 2am on Friday/Sat... that doesn't come out in those hours during the week?"

     

    Absolutely- I find the best info to be in the Saturday WSJ. I stopped reading Barrons a long time ago since I felt it was primarily advertising and to some extent involved in stock manipulation. (LINE) is a good example of their "fine work" and you can find what is written there easily on line.

     

    WT
    2 Aug 2013, 10:07 AM Reply Like
  • WT

     

    Does WSJ come out between midnight and 2am? I'd expect it around 4 or 5am.

     

    Very helpful to hear about WSJ vs. Barrons. Do you pay WSJ's $30/month subscription fee I keep getting requests for, in order to read their articles online?
    2 Aug 2013, 10:12 AM Reply Like
  • I do have a subscription but have a much discounted rate. With it I get an app for my iPad (I use three for dedicated purposes) and full online download access.

     

    I get the WSJ by mail so I mostly use the online access, often at 03:00 if something hot is going down.

     

    Since I trade outside regular hours and in Australia and Europe it is nice to have that online/iPad access. I also have the Bloomberg app.

     

    I rationalize the subscriptions by the logic that one decent trade pays for the year. A REALLY CHEAP investment.
    2 Aug 2013, 10:41 AM Reply Like
  • Well, some event could also happen at 7pm Fri.

     

    I picked Sun only so we would have some time to review stocks for Mon as some people have to work during the week and have family stuff and it can be tough to find time for this sometimes.

     

    For a buy and hold person who isnt trading its probably not relevant, but for those who might trade more often it would be helpful to have a day on the weekend for review, even if just Sat.

     

    Without that time, the next days prices to base anything on will be Mon close.

     

    I suppose this isnt a very good platform for anyone who might be trading often. I see already that having to buy and sell at the close will have quite an effect on a trader who cant do anything intraday.
    Oh well.
    2 Aug 2013, 10:45 AM Reply Like
  • Latest:
    * July Nonfarm Payrolls: +162K vs. consensus +175K, +188K previous (revised from +195K).
    * Unemployment rate 7.4% vs. consensus 7.5%, 7.6% previous.

     

    SPY & IWM trading slightly lower triggered as it came out.

     

    What's it mean?
    2 Aug 2013, 08:45 AM Reply Like
  • Curls,

     

    fairly benign report - lower than consensus ..

     

    I don't see it as a market mover wither way..

     

    Rarely do I use one report to formulate a plan. so for me its a non event.
    2 Aug 2013, 09:47 AM Reply Like
  • @ FG

     

    Non event makes sense... but -why- did the market that was slightly up at 8am, shift down starting with the report? Makes no sense to me, but watched it happen. Now barely bad news is bad news again?
    2 Aug 2013, 09:50 AM Reply Like
  • Curls,

     

    traders at work, people that have knee jerk reactions , push their buy or sell buttons , then ask questions later..

     

    also factor in , the previous days action yesterday , all time highs, no surprise to have weakness here early ..

     

    just short term stuff
    2 Aug 2013, 10:12 AM Reply Like
  • Curls-

     

    Agree w/ Fear & Greed- All a little part of the bigger picture.

     

    Real unemployment rate is in the area of 12% and has been for a while.
    If you want to dig into the real stuff access Gallup.com and the St Louis Fed website.
    2 Aug 2013, 10:47 AM Reply Like
  • @ FG & WT

     

    I'm not asking what the report REALLY means. I'm asking what it means to other investors & the effect on the market. I've noticed they tend to be two different things :)!

     

    I was, like usual, totally puzzled to watch the market turn tail and go down on that report. How was it being interpreted?

     

    10am manufacturing was below expectations. Market went up. So I'm guessing that meant "no tapering" to many investors.

     

    Very true, it's noise. Just couldn't figure out the reaction to the noise.

     

    I may be really undercounting kneejerk. I didn't think of that since I assume big time and on the floor traders, aren't kneejerking. And that large rapid moves, aren't just by retail alone.

     

    I'll have to check out Gallup and Fed St. Louis.
    2 Aug 2013, 12:42 PM Reply Like
  • OK here are the current holdings for CK Investments AKA Clark Kentski
    4000 Shares of (http://bit.ly/r33R8k)
    53 shares of (http://bit.ly/rCoUnp)
    2500 shares of (http://bit.ly/1bPxZ6F)
    173 shares of (ABX)

     

    This should remain in tact for a month or so as I don't intend to take profits until something doubles :) I am nearly fully invested.
    2 Aug 2013, 08:47 AM Reply Like
  • Well according to my week ending calculations I am DOWN $754.57 after the 1 st week. I have $ 474.89 in cash.
    and my 4 investments have a current total value of $98,770.54
    I expect these numbers to improve significantly next week. My entry points were not the best. If I had waited til Friday to invest I would be in positive territory at this time. Lesson learned ,just because the gate is open you don't have to rush in.I think that is a valuable lesson to apply .
    3 Aug 2013, 04:34 PM Reply Like
  • I'm an impulse shopper and find it exceedingly difficult to sit on idle cash. :) I do have $50.01 in my real-life trading account due to miscalculating a buy, and it bugs me no end. :)
    3 Aug 2013, 04:54 PM Reply Like
  • F&G, it's going to be very interesting to compare these portfolios.

     

    We have User's which is all in the (VTSMX) Vanguard total stock market index fund which is a really good indicator of the total market.

     

    Extreme is using a mix of index funds, another good strategy.

     

    A few of us have picked individual stocks, some with a DGI model.
    Then there are those that are heavy into the metals. The stocks Notrub & Tampat chose that are under $2 might produce the biggest winnings. Notrub's went up by .01 but since he has thousands of shares, that equals some big gains.

     

    Maybe on Sat/Sun we can look at how each portfolio is doing, & discuss the strategies behind the picks?

     

    I was up $1,303.19 yesterday, and only down about $100 today. DGI stocks tend to stand up to market volatility well.

     

    Curls, did I miss your picks? Today is a good day to stick your toe in the market, on the dip.

     

    Hope Southgent comes back. I always learn something from his posts. Waving at you Southgent!
    2 Aug 2013, 11:31 AM Reply Like
  • Blue,
    I was thinking along the same lines as you ,, we do have a good mixture here,,

     

    Believe we can all learn from each other, . .. It will show how different portfolios perform in all kinds of markets..
    2 Aug 2013, 12:23 PM Reply Like
  • Just for educational purposes anyone mind if I add another portfolio?

     

    This would be a trading portfolio designed with the "Turtle" strategy in mind.
    2 Aug 2013, 01:27 PM Reply Like
  • extreme, no problem, call it "Turtle" & let us know what your strategy is for picking your stocks.
    2 Aug 2013, 01:46 PM Reply Like
  • BSF: The strategy would be a little differnet than the original turtles since we don't go short with this venue, but it could use the same signals and stay long only to see how it performed. Maybe invest in a couple of different markets such as stocks, gold and bonds. A primer onturtle investing is linked below.

     

    http://bit.ly/18dvV73
    2 Aug 2013, 02:04 PM Reply Like
  • Not a bad first day, and a decent way to close out the week. Although one day does not a portfolio define, I was up $502.83 (an even 0.5%). My big (only) loser was (KO) which surprised me, and the big winner was (COP), followed closely by (LMT) - those two don't really surprise me anymore.

     

    Did anyone else have any big winners/losers, or picks that surprised one way or the other?
    2 Aug 2013, 04:45 PM Reply Like
  • John, I have some of the same stocks as you (also in my real life retirement fund). (LMT) & (COP) are great. (KO) is getting under my skin, as I have it in the retirement fund. Aren't people addicted to diet coke anymore? I know I am!

     

    My big winners are (LMT) & (CMI).

     

    I'm looking at adding to (WFC) & (COP) in my real fund. Also (AFL) is a good one, I need to buy it. Chuck Carnevale just wrote a good article about financials on SA.

     

    That VTSMX fund is doing very well. Why do we even bother to pick stocks lol?
    2 Aug 2013, 06:25 PM Reply Like
  • I do so I can say "I did it my way." (Sorry, Frank...) All of my stocks at the present time are also in my real-life portfolio - They have not let me down yet... :)

     

    In the future with (hopeful) profits I will be adding (CLX) and (CSX) to round out my 10. I left room so I can eventually have some "freebies" in the mix. Nothing better than investing with 'house money'. :)
    2 Aug 2013, 06:34 PM Reply Like
  • Blue,

     

    I saw the write up on (AFL) . that one totally 'got away" from me , I liked it at 49 -- now 62 , once it got going it never looked back.
    I think I agree with that article, it may still be undervalued ...

     

    Agree the VTSMX fund is doing well, why do we pick stocks, --

     

    its a challenge, fun & if u ever employ call writing strategy to your portfolio , its the way to go ..
    2 Aug 2013, 06:43 PM Reply Like
  • Oh, just a FYI - I've edited out my trading fees and added that to cash for reporting purposes, to keep mine uniform w/everyone else. That moves my unrealized gain to $542.43, and cash in account moves from 0 to $39.60.
    2 Aug 2013, 07:09 PM Reply Like
  • F&G did you read Chuck's previous one, on healthcare? I bought (QCOR) last week, after reading his article. It took off like a rocket, I was up over $4,000 yesterday. So then today, it fell & I had a feeling it was best to sell. Made about $3500 in less than a week - crazy. I normally don't invest like that. (QCOR) might be a great stock long term, but that was too volatile for me to risk holding.

     

    So now I'm looking seriously at (AFL). It looks like a good stock to buy & hold. I'm very happy with (WFC) & will add to it. I like boring stocks that just keep going up, but slow is better.

     

    (LMT) still has a very low PE ratio. I'd like to add to that position too. Another good company is (LEG). Those dividend growth investment (DGI) stocks are the best. (NOC) has done well too. Then there's (SBUX), (AIG), (KKD), (F) and (DNKN). They don't fit the DGI mold but are performing great so I will keep them. (SBUX) just might be one of those stocks that 40-50 years from now will have made millions if you held it. Like (MCD) or (KO).

     

    Have a great weekend everybody!

     

    Thanks for putting the portfolios in google. I'm looking forward to seeing how they do. Learning as we go!
    2 Aug 2013, 11:00 PM Reply Like
  • Blue,

     

    Yes I did see Chuck's article and had seen another report on (QCOR) , just before his article came out.. Thin they had a great earnings report that sent the stock higher.

     

    (AFL) & (LEG) are on my buy list , (LEG) is a div aristocrat that has paid div for 39 - 40 yrs straight..

     

    I have a serious deficiency in my holdings since I don't have any defense stocks .. Remember last Nov when sequestration was supposed to kill that sector? They took off from there & never looked back .
    3 Aug 2013, 09:36 AM Reply Like
  • As of August 2, 2013
    (Posted 7/31/2013) Buy 500 SHARES (SDS) @ 36.83 = $18,415
    (Posted 7/31/2013) Buy 1,000 SHARES (EWV) at 19.62 = 19,620

     

    (Posted 8/2/2013) Buy 500 shares (UCO) @ 36.79 = 18,395

     

    Total Invested: $56,430

     

    Cash available for future investment $43,570
    2 Aug 2013, 05:18 PM Reply Like
  • Author’s reply » Ok, after reading over the timelines suggested by everyone we will go with the same 2am on SATURDAY MORNING. If you do not post by 2 am tonight you do not get today's closing prices !!

     

    If all are fine with this decision then no need to respond. I will try to update the chapter #3 with the decisions we have made over the weekend!

     

    Now i am going to curl up in the corner and see how bad a day i had. But my rationale for my portfolio was the dividends to see what effect they have over a year. My portfolio is basically high risk and high dividend plays.

     

    Now in real life with my short time horizon before i am put out for pasture i want to see over a year's time how it works !!
    2 Aug 2013, 05:33 PM Reply Like
  • 8/2
    Adding 300 (FCX) @ 29.20 $8,760
    (Adding some yield & hopefully growth)

     

    Cash Bal 47,104
    -8760
    New cash Bal 38,344
    2 Aug 2013, 06:26 PM Reply Like
  • F&G-
    Nice addition- the king of commodities.
    2 Aug 2013, 09:35 PM Reply Like
  • (LQMT), sold 50000 @ .187 to close = $9350
    Bought @ .18, profit $350.00

     

    BTW,

     

    I have the portfolio in Google Finance.
    There is a box you can check and it will add dividends to your cash amount.

     

    Here is how it shows on the screen when you go to "Edit Portfolio":

     

    Portfolio Sort: alphabetic custom
    __ Enable dividend reporting (proceeds are deposited to cash)

     

    Where the dash is it is actually a box you can checkmark to enable.
    2 Aug 2013, 06:56 PM Reply Like
  • Sounds nice. Does it take into account purchase dates for ex-div purposes?
    2 Aug 2013, 06:58 PM Reply Like
  • JohnB,

     

    Alls I know is, you click the box to enable dividend reporting to your cash.

     

    However, when you set up your portfolio you need to enter the purchase date so I would think it must account for that or how else would it know whether you qualify for the divi or not.
    2 Aug 2013, 07:07 PM Reply Like
  • Thanks - will try it out. :)
    2 Aug 2013, 07:54 PM Reply Like
  • >Tampat-

     

    Sounds pretty neat- I figured that I would be checking all the dividend pays on an ongoing basis.

     

    Wonder if Yahoo does that- Anyone know?
    2 Aug 2013, 09:38 PM Reply Like
  • Tampat-

     

    Tried to move my Yahoo portfolio over to Goog- a pain. I just re-entered my data into a Goog portfolio.
    I followed your instructs and the box that said enable div. rptg was already checked= Just had to save it. Neat!
    Thanks-

     

    WT
    2 Aug 2013, 10:26 PM Reply Like
  • Author’s reply » ok, I know all are following my moves closely. I saw BSF NEVER even mentioned ANY of my picks!! I am not insulted at all.... But I am flying under the radar right now..

     

    Here is a trade. SELLING (VICL) 989.637 shares @ $ 4.18 for $4136.68 and a profit of 8.3% Yes that is right 8.3% in 2 days!!

     

    Now I am BUYING (NUGT) 662.961 shares @$6.24 for $4136.68. My reasoning is simple. I have none !! Looking for a bounce in gold as it is overdo !!

     

    Hope my math is right as I will check later to see if anyone posts anything we need to decide on. I am stepping out for a few hours!
    2 Aug 2013, 07:34 PM Reply Like
  • IT, your portfolio gives me "agita" !! I like stocks that are boring so I can sleep well at night - SWAN stocks.

     

    We all have our investing style, no one way to go about it. You might end up with more money your way, wish you all the best
    ; D
    2 Aug 2013, 11:07 PM Reply Like
  • Author’s reply » @BSF

     

    You think you got "agita" ??? Honestly I am a gambler at heart so I have to try to see if this works out. If not then I will have to go the boring route.

     

    But those dividends are gonna save me !!

     

    We shall see maybe I "MIGHT" end up with more money?? Watch the magic I pull this year!
    3 Aug 2013, 12:18 AM Reply Like
  • IT,

     

    I updated the tracking spreadsheet this morning as I believe you posted that u sold the VICL last night @ 4.26 . proceeds 4215.85

     

    Go back & check your post , I think it was after midnight .. You are shortchanging yourself .

     

    If u agree then u can change the amount of NUGT u want to buy
    2 Aug 2013, 07:41 PM Reply Like
  • Author’s reply » FEAR

     

    I actually posted it and then deleted it last night. I changed my mind after I thought about it. I wanted to see if (VICL) STILL HAD LEGS.

     

    But I also posted I was buying (NUGT) AS WELL last night so not sure if my waiting was a good move or bad one!

     

    But the post isn't there. Next time if I cancel one I will leave my post and add a new one that I am cancelling the trade. Makes more sense now that I know you are keeping track.

     

    BTW . Thanks for doing that for us as well...
    2 Aug 2013, 07:46 PM Reply Like
  • IT,

     

    according to spreadsheet - u can buy 662.93 shares of NUGT

     

    4136.68 / 6.24 = 662.93
    2 Aug 2013, 08:02 PM Reply Like
  • Author’s reply » OK, buy the 662.93 then..
    2 Aug 2013, 08:35 PM Reply Like
  • IT

     

    Ok, i'll post new trade as its stated here on 8/2
    2 Aug 2013, 07:52 PM Reply Like
  • Everyone,

     

    The google spreadsheet to track the portfolios is complete. I tested sharing the file with both Curls & JohnBIN, yesterday. It seemed to work well. Its basic right now, but we can add or make improvements as we go ..

     

    You will need a google account to access the file..
    Anyone can edit the sheet, for those that are unfamiliar & dont wish to input their changes , anyone of us can input for you.

     

    Anyone interested in viewing the file can PM me & i will send u the link...
    4 Aug 2013, 01:27 PM Reply Like
  • Author’s reply » @FEAR

     

    I posted this in the wrong chapter minutes before you posted you comment. So would it be ok to just print the link here or is their a reason to do it in private? Is it your personal account?......Now what I put in the wrong chapter,. Duh !!

     

    If you find the time could you list out the standings after week number 1? I would include ROS and SOUTH just to see what their passive portfolios would do over a year with no changes.

     

    Maybe start from the bottom up so that i don't look as bad? lol

     

    Then i think we can do MONTHLY reporting if it takes too long to do. I believe you have everyone's portfolio, so if i am correct one posting with all the numbers would be more beneficial then everyone posting at different times. I guess just rank in order of total portfolio balance as i know some are all/partial cash still.

     

    Thanks!
    4 Aug 2013, 01:37 PM Reply Like
  • IT,

     

    Didn't know if it should be posted here for anyone to view, thought the group might want it to be limited to those involved..

     

    I believe it may have a link to my google account, however this is the only sheet i share so i don't see a problem with privacy..

     

    I haven't done the sharing thing before so if anybody sees an issue that might be a problem just let me know..

     

    I can cut & paste the results monthly, that would EZ & simple.. .

     

    Right now I'm having a problem sorting the results , anyone figures that out before i get to it , please advise or just make the necessary changes.

     

    4 Aug 2013, 01:59 PM Reply Like
  • Author’s reply » FEAR

     

    Why i thought the post for all to see was ok was that maybe someone new or a lurker might want to see how were doing as well. But i am fine with whatever everyone wants.

     

    Since it is linked to your google account did you want to set up a new one just for this and is it easy to transfer it over. Maybe CURLS would be able to set up a google account for the chatroom and have the password or whatever you need for ALL to see whenever they want to?

     

    CURLS, IS THAT POSSIBLE since your our programmer and i haven't a clue??
    4 Aug 2013, 02:05 PM Reply Like
  • I just PMed you my thoughts on how to set it up. So let me know, either here or in PM.
    4 Aug 2013, 02:20 PM Reply Like
  • Author’s reply » Curls

     

    Just did !! In a PM..
    4 Aug 2013, 02:35 PM Reply Like
  • I'll give a go at a sort. Probably won't be elegant, but I'll try, anyways. :)
    4 Aug 2013, 03:29 PM Reply Like
  • I have a Rankings added, but it only lists names by place (it was actually harder than I thought it would be). Can't figure out how to display total gain/(loss) next to the name, though. :( Any help on that would be appreciated!

     

    Also had to move SG to the bottom for calculation purposes, as Google's spreadsheet was complaining about currency exchange, etc.
    4 Aug 2013, 04:11 PM Reply Like
  • I figured out how to display gain/loss & portfolio value along with the standings (great way to spend a Sunday!)

     

    I noticed that Curls has no trades - is this correct?

     

    Anyways, my data is keyed off of F&G's three data columns to the left of mine (so please don't change those around).

     

    If you notice any errors (or can suggest a better way to do what I did), please let me know.
    4 Aug 2013, 05:18 PM Reply Like
  • @ JohnBin

     

    Yep, I'm all in cash. Real world too -- which worries me a lot more.

     

    Got out at a good point. But market didn't match my plan and I, newbie that I am, didn't adjust my plan accordingly right away. (Market matched Fed media show, that was different than the show they originally put on which I was basing my plan.)

     

    So I'm re-formulating my plan. I'd love to get in, get a buffer up just a little, then be more comfortable with some tight stops in case of correction... and some easy low number of plays so I can get out easily if / when the tapering talk starts up again or any other correction.

     

    ... I'm not convinced tapering matters. I am convinced the market thinks it matters big time. And it's the market I'm betting on, not "reality."
    4 Aug 2013, 05:35 PM Reply Like
  • Okay, just wanted to make sure. You're in 8th (out of 16) without doing anything but sitting tight. :)
    4 Aug 2013, 05:43 PM Reply Like
  • Curls,

     

    do not take this as a negative comment , as we can all learn . Your actions show just how difficult it is to go "all in" or all out" at any given time. We all have our ideas & plans , but the market rarely gives us what we want.. Its darn frustrating at times, and it shows how it is so difficult to time the market , predict a correction , etc.
    4 Aug 2013, 06:02 PM Reply Like
  • John,,
    great work on the spread sheet, I'll take a look at the formulas u laid out to try & learn ,,

     

    Now will that change dynamically as the portfolio's are updated?

     

    Also, do u need the columns & data to the left of your "results" to stay? if not go ahead & delete..
    4 Aug 2013, 06:06 PM Reply Like
  • Fear

     

    No offense -- it's exactly what I observed!
    4 Aug 2013, 06:18 PM Reply Like
  • F&G,

     

    Thanks.

     

    Yes, (fingers crossed) it should update dynamically with changes to individual portfolios. The data in those 3 columns is actually required, but by looking at the spreadsheet as a whole, those three columns could be hidden (select the three columns in their entirety and select 'Hide') without hiding any necessary information. I'll hide them now, and if you prefer they can be unhidden if you like that better.

     

    To see the process I went through to get the sort, you can unhide columns T-X. What I thought would be a straight-forward exercise was not. I always like expanding my knowledge base, though. :)
    4 Aug 2013, 06:19 PM Reply Like
  • John

     

    Thanks again , great stuff
    4 Aug 2013, 07:46 PM Reply Like
  • Author’s reply » QUESTION FOR ALL. i WOULD LIKE THE RESPONE'S IN A PM.

     

    ROS wanted to know if he could just post his trades and make NO OTHER comments. Since i banned him i would appreciate the groups feelings on this.

     

    So if inclined to answer me with just a YES, or a NO, that would be sufficient. I hope all involved would at least PM me so that i determine what the group of investors want.

     

    YOU will determine by majority vote what the decision will be. I will wait until Tuesday to announce the results to give people time to read this !

     

    Thanks..
    4 Aug 2013, 01:46 PM Reply Like
  • On ROS

     

    I have no problem with him posting trades without comment about them. And particularly NO COMMENT TO OR ABOUT ANYONE ELSE FOR ANY REASON!!

     

    His list didn't involve any PMs so I think it'd be very good for him to play with how things work outside his hope of all things silver.

     

    However, something's going on. He'll be fine, then wander off into the most intolerant remarks about others. He particularly has negative, (downright long nasty & inaccurate), things to say about the more experienced posters who are trying to help him. So that needs to not appear here. Anything beyond trades themselves, needs to be deleted if he crosses into personal commentary. Again, the personal emails I've received from him, are way outside acceptable. I dont' take it personally, but it still shouldn't exist.

     

    I don't think he should be given the changeable access, and should just PM only IT or Curls if he has entries that need changing. We can forward them to whomever. So no PMing to Fear or Doug or anyone else.

     

    That'd be my take. I'm happy to go along with the majority sense on this.
    4 Aug 2013, 02:29 PM Reply Like
  • I agree with Curls. I have no problem with him continuing his portfolio ,particularly if he agrees to use the PM function as IT has proposed.
    4 Aug 2013, 03:49 PM Reply Like
  • Author’s reply » @ACTUALLY i think some might have misunderstood. I was suggesting he post his moves, not PM them, and that would be all. No commentary, no questions asked. Most of you do not know but some unacceptable PM'S WERE sent to a few regulars here so i would rather the posts be public.
    4 Aug 2013, 08:39 PM Reply Like
  • To all in the group,

     

    I am placing this post with permission of the moderator IT. This is my sincere apology for disrupting the group. This is a good forum and a valuable one which I have no right disrupting and I apologize for doing so. I can list several reasons for my recent behavior but those would just amount to excuses that most, if not all do not wish or care to hear and I don't blame you.
    I would like to remain a part of the portfolio competition and use Fear's page to update my picks. IT has not banned me from posts as you can see but out of respect for him I will only post if and when he allows me to as in this particular instance.
    The portfolio challenge is something I really like and wish to participate in and to respect IT and the group, I will only work with that and keep comments to myself.
    My apology is sincere, My behavior is unacceptable and I regret it. Put simply, I am sorry and would like to be in the challenge if the group will allow it. Thanks.

     

    -ROS
    4 Aug 2013, 02:33 PM Reply Like
  • ROS
    That's a nice apology. (I mean that sincerely).

     

    He then followed it up by telling me in PM that I had no right to post what I posted. Repeated a few ways.

     

    So again, I think it's fine to participate in the challenge and good for ROS to see how his ideas play out. At the same time, no commenting here or in PMs to people about them, their actions, their thoughts... or anything else. I hope meanwhile ROS has a chance to workout the stuff going on in his world. I just won't want it spilling over to the blog and making it hard for anyone here to deal with. We've all been in a tough point in our lives & it then tends to spillover, so it's nothing new, so I do hope things go well for ROS as he works things out in his life.
    4 Aug 2013, 05:29 PM Reply Like
  • I am ok with whatever the majority decides.
    4 Aug 2013, 04:07 PM Reply Like
  • Maybe some others would like to comment on facets of their portfolio such as objectives, risk management and so forth.

     

    The objective of my portfolio was not to win a contest but to outperform an aggressive benchmark of 70% SPY and 30% BND. This would be aggressive by most advisor standards.

     

    If I was just trying to beat everyone else I probably would just be trading SSO.

     

    Anyone else want to comment on objectives?
    4 Aug 2013, 07:39 PM Reply Like
  • Myself, I would like to see my portfolio's value increase somewhere between 25-50%. I'll be satisfied if it keeps up with inflation plus a point or two, however.

     

    I've tried to remain diversified within the constraints of the 10-stock limit. I also tried to avoid 'speculative' investments, with the closest to that probably being (OHI).

     

    I think I have a good chance to "win" (as far as my objective is concerned), while also having a limited downside in a variety of economic scenarios.

     

    Lastly, I want to see how a mainly buy & hold portfolio will compare to the other styles of investing displayed by my "competitors".
    4 Aug 2013, 07:49 PM Reply Like
  • John,,

     

    Would hardly call (OHI) speculative , but i know where u are coming from .. Your holdings are really well balanced and i agree this exercise should offer some valuable insight to different strategies.

     

    I may change as things unfold, but for now I decided to add some stocks that i intend to hold & believe will be higher a year from now, & look to add a few intermediate term trades now & then to try & catch trends . We'll see.
    4 Aug 2013, 08:01 PM Reply Like
  • Ahhhh.... Football begins! MIA/DAL about to kick off. Are you ready for some football? I sure am! :)
    4 Aug 2013, 08:02 PM Reply Like
  • Hello again,

     

    Somewhere in all the blog posts I have heard mentioned of FG's google page for the investment challenge. I have not seen a link for it, nor know where to look?

     

    I doubt I will be trading that often, but would like to announce when I do and see how my strategy is doing vs. others over the long haul.

     

    @IT,

     

    Might be a good idea to repost the rules at the beginning of each of these blogs and the aforementioned link (is there one?) and maybe a brief rundown of the participants and strategies employed.

     

    Will late entry folks wanting to participate be allowed to join? (idle curiousity)

     

    Is a working night, so not enough time to peruse hundreds of posts, thanks.
    4 Aug 2013, 08:32 PM Reply Like
  • Author’s reply » @USER

     

    Would you like me to repeat the Bible there as well? lol

     

    Seriously, i will post the link to the portfolio once all the kinks have been worked out. But i believe the rules have been established. However in the next chapter i will try to copy them and put them in the blog.

     

    The blog for this is actually different then the chapters anyway. But the strategies is asking too much to be honest. I do like to sleep occasionally too !
    4 Aug 2013, 08:46 PM Reply Like
  • @ IT & User

     

    We could add a comment next to each person's summary line in the portfolio with a word or two words of their stragegy. Each person can add theirs. ("buy & hold", "DGI", etc..)
    4 Aug 2013, 08:47 PM Reply Like
  • Author’s reply » @CURLS

     

    I think the strategy is better posted so that all can see easily rather then look at the spreadsheet. Now if someone makes a trade then maybe an explanation why could be done in that comment?

     

    Like when you finally do a trade you say why... Or when i finally get ahead with all my magical moves then you folks can buy my investment book ! just sayin>>>
    4 Aug 2013, 08:53 PM Reply Like
  • @ IT

     

    I'm not saying not to post the strategy here. I'm suggesting a quick 2-word summary on the spreadsheet next to the line for that name.

     

    When I finally do a trade, everyone will be on the floor laughing or astounded... so my explanation won't get read :-).
    4 Aug 2013, 08:56 PM Reply Like
  • Author’s reply » @CURLS

     

    A 2 word strategy? I need 3. I fuc@ed up !!
    4 Aug 2013, 09:04 PM Reply Like
  • User

     

    will send u the link , for now we are keeping it off of the blog.
    4 Aug 2013, 08:39 PM Reply Like
  • F&G,

     

    Thank you.

     

    IT,

     

    I think what Curls posted is along the lines of what I'm thinking.

     

    And not the entire Bible would be necessary, but Romans 14:2 might be good for motivation. :)
    4 Aug 2013, 08:57 PM Reply Like
  • Haven't played around with the google spreadsheet before, but seems a bit friendlier than excel.
    4 Aug 2013, 09:09 PM Reply Like
  • Author’s reply » @USER

     

    I think I might have slept though that one in Catholic school a few years ago..
    4 Aug 2013, 09:17 PM Reply Like
  • Author’s reply » FOLKS

     

    After trading emails between ROS and myself I have decided that it is best to keep to my original decision. I don't want to go into specifics but this is the best for the blog , trust me !!

     

    FEAR, You can stop following his trades, but for curiosity sake just keep his portfolio so we can see what a passive portfolio can look like in a year.

     

    Others, you don't know a lot of stuff that happened via PM'S so please accept my reasoning and decision.

     

    Thanks!
    4 Aug 2013, 11:26 PM Reply Like
  • IT,

     

    I hope everything works out for Rich, believe most will agree his portfolio was put together with a lot of thought..
    5 Aug 2013, 09:43 AM Reply Like
  • Author’s reply » Ok, so how is having a positive day so far with their portfolio? I AM !!

     

    JUST SAYIN>>
    5 Aug 2013, 11:04 AM Reply Like
  • A little up at the moment, but not holding my breath - feels like the market wants to go down today.
    5 Aug 2013, 11:43 AM Reply Like
  • Me too. Haven't lost a thing :). ...just joking.

     

    The three indices I look at are all over the place. Russell solid positive. S&P middling. Dow solid negative. Haven't seen that often.
    5 Aug 2013, 11:20 AM Reply Like
  • Author’s reply » I am only kidding on mine.. Taking a butt kicking again.

     

    Gonna turn this off as it is sickening right now !!
    5 Aug 2013, 11:25 AM Reply Like
  • IT,
    Im with you (UAN) is killing me today ! :)
    5 Aug 2013, 11:59 AM Reply Like
  • Author’s reply » Was hoping for a short term bounce in gold and then sell (NUGT) to get out. Guess I gotta still wait for that !
    5 Aug 2013, 12:05 PM Reply Like
  • IT, just dropped in on the Portfolio blog for the first time. I didn't see you got into NUGT. I have been more a fan of DUST than NUGT since I wrote my short term top article July 22nd. Gold was $1,337 then and $1,285 now. Silver was a dollar higher then.

     

    I still see a test of the lows. If you add in the fact that some of the minders are now hedging, coupled with the fact it is doing a reverse split, I wouldn't be in NUGT (if you still are).
    6 Aug 2013, 12:13 PM Reply Like
  • Author’s reply » @DOUG

     

    I had read exactly what you just posted and have learned from the pros here you don't go with your heart, you go with the markets. So that is why I made that trade last night !

     

    So far looks like a good move !!
    6 Aug 2013, 12:34 PM Reply Like
  • Yes, and I didn't even see it was up $10 plus today!

     

    Nice...and don't look a "gift" horse in the mouth!
    6 Aug 2013, 12:43 PM Reply Like
  • Thanks to Fear & John for putting the portfolios into google.

     

    Another down day, August is living up to it's reputation for being a "downer" month.

     

    Curls, no way to time the market. But if you buy quality companies & hold them for decades, you will make a lot of money. I'm depressed when I look at the charts for the companies I've been buying in real life. They are up 30, 40% or more since last year. If I had only started putting this portfolio together a year ago, I'd be up well over 30% now. It's depressing!

     

    However I'm moving ahead with it. Yes the market may go down in the short term. But even in 2008/2009 the market did come back, and the stocks I'm buying came back and then some during those days. Plus they made dividends, which re-invested made even more money while the stocks were down.

     

    Companies on the CCC list or ones that you consider blue chip are worth buying. I like to look at the historic graph while doing my dd. When you find a company that over time, moves up (hardly ever down) and has a growing dividend, then that's the kind of stock I will buy.

     

    I'm keeping some cash, but am now about 90% invested in my retirement portfolios. The only one I have all cash is our investment account. This is not because I'm worried about the market. We are looking for a small business to buy, and I don't want to risk losing this money.

     

    In the long run, the stock market goes up. So go in with a little every month, and you will come out fine. Going all in or all out, in just one day is dangerous. When I have a stock that is not meeting my investment goals, then I'm out, and fast. This morning I sold (INTC) as I read too many negative articles about it. Maybe (INTC) will become a better company in the future, but right now it is under stress.

     

    This is what I love about DGI stocks. When the company freezes or reduces the dividend, then it's time to sell. You might give it one quarter, but 99% of the time if a company starts freezing or reducing the dividend, then that is an early warning that the company is losing profits.

     

    DGI stocks have less volatility. Today, the most my retirement funds were down was about 0.02 %. In fact, I have lots of stocks that are up today. I'm taking today as an opportunity. Just bought some (WMT) and added to (LEG), (WFC) positions.
    5 Aug 2013, 12:31 PM Reply Like
  • Blue,
    I understand your concerns about (INTC), but i'm going to give them some leeway here.. I have a block of shares that i bought in '09 @ 12. and have added as it appreciated . I was a bit disappointed that they didn't raise the div. , but i see no indication that it will be cut. I recently used a formula that "south" employs to analyze FCF %. It currently stands at 9.8% which is an outstanding number.. Having said that , shares just may pullback here if we get some weakness and may present another buying opportunity.

     

    Can't argue with Your choices of (WMT) & (LEG) as additions.

     

    I recently added (V) not only to my "challenge" portfolio, but to my "real" holdings as well during the recent sell off. Its not a div aristocrat, but i think for the long haul it has a very good chance to become one. Plenty of room for div. growth and LT appreciation over time.
    5 Aug 2013, 02:06 PM Reply Like
  • I bought some Mattel today, decided to replace (INTC) with some other stocks I had on my list. In my retirement funds, I'm down less than 0.01 % which I have to say even astounds me. In the challenge portfolio, I'm up $40 odd.

     

    Had a discussion with my elec/computer engineering husband. The problem with (INTC) is they don't have a mobile chips. They do have chips in PC's but it's hurting them not to be part of mobile technology. They are trying to catch up with a new chip for mobile devices. It may be worth holding the stock to see what happens, but I would be prepared to sell it if you don't see something positive in the next quarter. The first indication that a company is having some tough times can be seen in the dividend. This is why I really like investing in companies that have a history of raising their dividend. Takes the guess work out of it, to a certain extent.

     

    So how are we doing so far with the challenge? I think I'll just let my challenge portfolio stay without any changes. Sometimes doing nothing really is the best thing, if you picked solid companies.

     

    I bought (V) today too. All it does is go up, just like (MA). I've been watching that for over 6 months. Should have bought it a long time ago.

     

    All this talk of cash on the sidelines is sort of sad. I would never be completely out of the market. If I had decided to just go cash, since starting to sell out of mutual funds & bonds, I'd be at least $20,000 lighter. If I'd bought in faster I'd be up $40,000. This market is not done, no sir. If you bought risky companies, metals, etc. then yes, it has been a bad market. My argument stays the same - if you had bought DGI stocks in 2008/2009 you would be way ahead of the game today. Buy quality & the downturns will turn into opportunities (with re-invested dividends). Over the long haul, say 40 years, how bad was that last downturn? That's right. It wasn't all that bad. Take another look at the DOW. I don't see that many downturns. Another way to look at it is, if you are putting money into the market every year, than those dips are just great buying opportunities.

     

    All this talk of "we're going into another bear market" or "the market will fall" is very true. Just not all the time. Funny how that works, the people most worried about the market probably are invested in riskier things or not planning to stay in the market that long. Whatever. My goal is to build a portfolio of dividend paying stocks that will give me an income stream in retirement. These are quality companies that over time are low risk, pay increasing dividends and have a history of solid profits.

     

    I have a few stocks that eventually are not going to be "keepers." The closer to retirement that I get, the more "boring" my portfolio will be.
    5 Aug 2013, 05:19 PM Reply Like
  • Blue,

     

    You have a "plan" and good outlook, u should do very well. U are right with (V) , that's why i added on that dip, i watched it for a long time and it surely has the potential to pay off in the future.. I actually owned it at 90 a while ago set it up as a "trade" made few $ , then sold , i don't know what i was thinking -- one of my weaker moments i guess. I'm looking for about $220 , in the next 12 months. fingers crossed.

     

    5 Aug 2013, 05:52 PM Reply Like
  • BSF: Your approach has been a winner for a long time since the market has always recovered to make new highs. I worry about those long spells when the market does not make new highs to sit through a 40 or 50 percent decline. It sounds like you have the disposition to handle those declines.

     

    Best wishes on your investing!
    5 Aug 2013, 08:02 PM Reply Like
  • F&G, I feel your pain. I bought (AAPL) cheap, under $200 and sold at $460, before the big run up. I had (IBM) at $65 and sold that too. I'm changing my ways though, becoming more of a buy & hold unless it makes sense to sell. Sometimes your biggest winners should not be sold, ever. Imagine if we had bought some of these great stocks in the 1970s and just held them. We'd be multi millionaires from holding (MCD) (JNJ) (CLX) (PG) (IBM) and other great DGI stocks.
    5 Aug 2013, 09:44 PM Reply Like
  • @ Blue

     

    I did buy and hold for years, and it did well for me. I came to the market to add more $. Saw it about to come down, as BB talked & got out instead. Good for me in some personal ways that'd be way beyond explaining here.

     

    Problem was:
    1) I timed it right but didn't time that Fed didn't let the market act naturally and backed off their own words. Now I get it as "the most hated bull." It's the manipulation in unofficial not even fed member media reports, that bit me.

     

    2) I've wanted to get back in but for a few reasons haven't seen the moment to jump. If this is right before a downturn if tapering begins in Sept, it will bug me big time to jump in now instead of after downslide post-announcement. I've seen good stock ideas, quite a few, but I don't want to jump in if the macro is a correction when the word taper is muttered. Complicated big time by my schedule --- I'm never in all day, and make decisions based on what I see, and by the time I'm out and back home, it did a 180 turn -- often right after I left the house.

     

    3) At most I'm missing a small gain, in same way if I got in and it corrected, it'd be a blip in the long term. It's all annoying me, but it's not the biggest decision I could be dealing with. My money's done well in the last few years. It's okay for me to sit for a little bit and observe as I move from buy and ignore, to more active decision making. It may cost me now -- but sometimes that patience with oneself & the learning curve, pays off more in the long term.

     

    4) Right now I'm not getting into solid stocks. I'll do a few ETFs, so I can get out just as quickly if/when the taper talk finally begins. (If I only have to sell a couple things it will be quick.) Then I'll get back in with my more long term plan.

     

    You seem to have a very solid sensibility about this.

     

    On the solid stocks, I'm fascinated by your observation of them not correcting much. Can you lay out an example? My observation is even stable companies go down by 20-30% when the market does a crash, and by 10% or so when the market does a 10% or so correction. But I wouldn't say I've followed it that closely.

     

    I actually can afford the lower rides, as long as it comes back up eventually. I'd been 70% in small/mid caps and it did well for me. And if I'd stayed in the market, I'd be doing very well right now (grrrr.) So I don't need to stick with large cap solid, if other strategy will do me better.
    5 Aug 2013, 09:53 PM Reply Like
  • Thanks extreme, same to you. I didn't sell a thing during the last big opportunity (down market of 2008/2009). Just wish I had bought more. In fact, instead of investing more into the market, I paid off our mortgage. What a mistake that was. But it was a scary time. I just knew the market would eventually come back, just didn't know when. It takes courage to hold when everyone else is selling, but if you own great stocks, you should never sell them. Just keep re-investing the dividends. Some day we will live off of those dividends, in retirement. I'm planning on leaving my son a great portfolio, with the instructions to never sell....just use the dividends.

     

    There are authors here on SA that are doing exactly this, intending to pass on their stocks to their children. One author revealed that he has a dividend income of over $100,000 a year. If you do the math, if he's getting a 4% yield that's a portfolio worth over $2.5 million. All great DGI stocks from David Fish's CCC list. I'm following most of the DGI authors, if you want to know who they are. Thanks to them, I've become a much better investor.
    5 Aug 2013, 09:54 PM Reply Like
  • Curls, so that's good that you did well. It is scary getting back in. I have a good suggestion for you, read Bob Wells articles about how he constructed his DGI portfolio, after retiring. Bob's articles are extremely well written and he's one of the main reasons I completely changed all my investment portfolios over to DGI stocks. If you check my profile, I'm following Bob Wells, David Crosetti, and Chowder. Chuck Carnavale & David Fish are wonderful too.

     

    A lot of how you invest should be determined by your goals, and your age. If you aren't retired yet, you are in the "accumulation stage." Once you're retired, then you are in the "taking out required amounts stage." Bob Wells does a fantastic job explaining how you can use the CCC list (begun & maintained by David Fish) to pick your stocks. Chuck Carnavale & a few of the others teach you to only buy stocks that are good value, do not over pay for them.

     

    ETFs and some mutual funds are okay too. It's all what you want to invest in, what your goals are. I do own some stocks that are not on the CCC list. As time goes by, I'll sell them. At a certain age, I might even buy bonds again. That's a good way to get an income stream, say for 20 or 30 years, in retirement, if my dividend stocks are not enough. I don't think bonds are a good idea if you are young. I did own a lot of them (all gone now!) but after seeing what a stock like MCD can do over 20 years, I stopped liking bonds.

     

    There's no one way to invest, but after doing a lot of reading & back testing over the last few months, I have become a DGI believer. Why waste your money & time on risky stocks when you can buy terrific companies that have a proven business model & growing dividends? For fun, you can always have a few speculation stocks. That's why I still own (KKD), (DNKN), (SBUX) and a few others that don't fit the DGI mold. Plus I have 15 years to grow my portfolio, so there's time. Imagine starting this kind of investing at say 20? I'm going to help my son fund a Roth IRA & get him started. If you start young, re-invest the dividends then after 40 odd years you will have some portfolio. Chowder has done a whole series of articles about his son's investment portfolio. It's just amazing.

     

    At the same time, if you check out Bob Wells, he only started 2 years ago & already has a fantastic portfolio. It's never to late, don't chase risky stocks, go for the best ones. Here's one of Bob's articles:

     

    http://seekingalpha.co...
    5 Aug 2013, 10:27 PM Reply Like
  • Blue,
    One thing i have learned.. always move on , they are fun to talk about , but i no longer say woluda, coulda, shouda. It will distort your view of things going forward..
    6 Aug 2013, 08:53 AM Reply Like
  • (BMO)
    (SLV)
    (ABX)
    (SNTA)
    5 Aug 2013, 03:21 PM Reply Like
  • Surprisingly, managed to squeak out a (very) small gain. Otherwise today was a /yawner. Standing pat on my holdings for now.
    5 Aug 2013, 04:17 PM Reply Like
  • Portfolio

     

    8/5/13

     

    Sell (DUST) 400 @ $90.13 = $36,052 Profit $2848

     

    Buy (http://bit.ly/SZj4Y3) 10,000 @ $ 5.18 = $51,800
    5 Aug 2013, 05:32 PM Reply Like
  • Dont know why that link appeared in above post.

     

    Supposed to be buy GTAT 10,000 @ $ 5.18 = $51,800
    5 Aug 2013, 05:59 PM Reply Like
  • Tampat,

     

    I entered your trade, since I was just sitting here. Small error in math - your initial purchase price on (DUST) was $83.35, so 400 x $83.35 = $33340.00 (you had a different total in your buy post). Sold @ 90.13, so 400 x $90.13 = $36052.00.

     

    $36052.00 - $33340.00 = $2712.00 profit.

     

    If the error is mine, please let me know where I got it wrong.
    5 Aug 2013, 06:34 PM Reply Like
  • JohnB,

     

    Yes indeed, I found my error after reading your post.
    Thanks.
    5 Aug 2013, 07:09 PM Reply Like
  • Nice on GTAT tampat...
    6 Aug 2013, 01:23 PM Reply Like
  • Thanks Doug,

     

    GTAT is a stock I have followed for a while, traded in and out, and have mentioned it here before. When I saw the earnings report last night it seemed like a good buy though I dont like how its falling back today. Perhaps the overall market weakness is dragging it down some.
    I may just take the quick gains and close it out today, gotta think on it a bit.

     

    You went triple long the S&P today?
    Probably will work out, maybe a little early.
    6 Aug 2013, 02:06 PM Reply Like
  • On the pullback accentuated today, there is usually a pop that follows. I confuse myself sometimes, but not 100% into the game, so will probably take quick profits when they are given. If I had patience till the end of the month I think I would do even better.
    6 Aug 2013, 04:24 PM Reply Like
  • This is what I don't like about making trades and going about the day doing other things. News happens. http://cnb.cx/12YqyWY

     

    It's silly news to me though, Fed talking about tapering, and evidently 3rd person now saying this. I got out of the trade flat @ 74.16.

     

    Back to writing. Should have played DUST as that is what I was following when I was in at around $70. Missed that puppy!
    6 Aug 2013, 04:44 PM Reply Like
  • Author’s reply » @TAMPAT

     

    If you went back into that post to edit anything you lose the symbol. You just need to retype that as well.

     

    Happens all the time!
    6 Aug 2013, 08:08 PM Reply Like
  • Hey F&G,

     

    Something to be aware of - Google has closing price of (DUST) @ $90.00, when it actually closed @ $90.13. Will have to double check actual closing prices, because in this case Google was not correct.
    5 Aug 2013, 06:38 PM Reply Like
  • John,,
    yes i see that ,market watch shows it at 90.13 also,,

     

    think u agree it wil only come into play with a purchase or a sale , if there is an issue on daily fluctuations , no big deal ( most of the time the closing prices are accurate)

     

    I see that u gave tampat the proper closing price 90.13 on the sale ..
    5 Aug 2013, 07:00 PM Reply Like
  • Author’s reply » No wonder I am losing soo much money. IT'S GOOGLES FAULT !!
    5 Aug 2013, 09:56 PM Reply Like
  • Portfolio 8/5/13

     

    Buy (MKTG) 500 @ $14.77 = $7385
    5 Aug 2013, 07:13 PM Reply Like
  • Nice on this one too tampat...who are you?
    6 Aug 2013, 01:24 PM Reply Like
  • Doug,

     

    LOL, its a secret.

     

    MKTG was another stock I have followed.
    I bought that one cause of their earnings report last night same as GTAT as well as a very nice looking chart formation.

     

    I have a pretty long watch list that I try to monitor the stocks on but more often than not, since I still have a business to run, I run out of time to monitor them all closely enough and miss a lot of good one's.

     

    I can't monitor the markets all day every day so that puts a damper on things, but I love short term trading and have been doing it for quite a while.
    6 Aug 2013, 02:17 PM Reply Like
  • tampat, nice...I used to scalp 1/16's about 100 times a day. I then would of course lose all the profits on one trade because I really didn't know myself back then. I still struggle with the day trader in me and the swing trader.

     

    I do agree with your watch list and think it's a good way to go. Get a feel for it, along with other indicators.
    6 Aug 2013, 04:28 PM Reply Like
  • Author’s reply » Ok, I give. Sell all my shares in (NUGT) and put proceeds into (DUST) for now!!

     

    I believe it is 112.916 shares ??
    6 Aug 2013, 12:05 AM Reply Like
  • Oh...didn't see you posted this till after I posted above. We're on same page now.
    6 Aug 2013, 12:18 PM Reply Like
  • IT,

     

    Looking at the two today, you made a good move at the right time.

     

    P.S. I am having my friends over at the SEC open an investigation on you and Tampat for insider trading. ;)
    6 Aug 2013, 12:43 PM Reply Like
  • IT, if you do that, gold will be sure to go up lol!
    6 Aug 2013, 12:54 PM Reply Like
  • Author’s reply » JBN

     

    Even a broken watch is right 2x a day.. But something I PM'D last night to Fear that you might want to look at. It shows a loss for me last night that was greater then the 100k. I made a trade prior to lock in a profit and lost that as well.

     

    But here is an example that might makes sense. Let's say a person was up 99k on their trades so that person now has a portfolio of 199k. Now lets add to that another trade is done and they lose 100k. The way the spreadsheet is now set up it looks like it would show that person with a 100k loss but actually off the 100k invested they really only have a 1k loss.

     

    so how do we want to handle this? It seems unfair that if a person built it up so high then took a tumble they could actually be at a bigger loss in dollars but have a bigger portfolio then others as well.

     

    Do I make sense?

     

    Now my google spreadsheet is all screwed since I removed the NUGT from it at a loss but reinvested the balance in DUST. It shows a lower cost basis of 99,007.11 and a lower loss as well. I know I have a bigger loss. So I am in between both spreadsheets I think. But the market values are the same...Humm

     

    So maybe we should be ranking at the market value and not the gains and/or losses??
    6 Aug 2013, 12:58 PM Reply Like
  • Thats OK, the SEC is all cattle and no hat anyway! Especially the Invisible Division that investigates fake trades done with fake money :)

     

    Any trades I put on are from simple chart reading or earnings report, thats it. When I do short term trades that's all I care about.

     

    I have 2 losers I shouldnt have done that first day since I can't close them out intraday and with those under $1.00 stocks ya gotta move fast, so I messed up there. In real life they were just day trades and did really well if one closed it out midday. I shoulda skipped them for this event. Now I gotta see if I can work my way out of them with a smaller loss.
    6 Aug 2013, 01:01 PM Reply Like
  • Author’s reply » @BSK

     

    I did , I did, last night !! A good move finally..
    6 Aug 2013, 01:04 PM Reply Like
  • IT,

     

    Hmmm.... When I add up your current holdings value, it does indeed equal the amount that is listed in the standings. I'm not seeing the discrepancy. If you do the math a different way than it is now, (i.e. "(CurrentValue) + (Cash) -100000 = Gain/Loss" it will yield the same result. In your case at this moment in time that would look like:

     

    $97,083.75 + $0.00 - $100,000.00 = ($2916.25)

     

    Using your example, CurrentValue after the +99K and -100k would be $99k. Therefore, $99,000.00 +$0.00 - $100,000.00 = ($1,000.00). That would be accurately reflected in the standings the way the sheet is set up now.

     

    Show your work (not trying to sound mean with that) that demonstrates the error.
    6 Aug 2013, 02:08 PM Reply Like
  • Author’s reply » @JBT

     

    I sent you a PM!!
    6 Aug 2013, 05:23 PM Reply Like
  • Author’s reply » Now I tried to update my spreadsheet and I get 2 prices. 90 BUCKS EVEN and 90.13 . So which one is right?(NUGT)

     

    Plus on my personal google spreadsheet I am having an issue with my loss. Hope someone can help me out but at least thIs trade is in!!

     

    I JUST NOTICED above the same issue...
    6 Aug 2013, 01:10 AM Reply Like
  • IT, JohnBin

     

    I'l check the spreadsheet when i get some time today.. The close on (DUST) has been verified @ 90.13 so that would be your buy price..
    & we'll post the number of shares purchased.

     

    JohnBin,

     

    if you get to this before me please enter the info into spreadsheet
    6 Aug 2013, 08:58 AM Reply Like
  • wow that (DUST) stock is up to 101.68 today; if you had bought it just a few days ago at 80.0, that's 21.68 to the upside. Imagine if you had put the entire $100,000 into this one....you'd be up over $20,000 in just a few days. Now that's better than a casino!
    6 Aug 2013, 12:12 PM Reply Like
  • Author’s reply » BKF

     

    Uh, that agita just got a little ant acid. Although that (SLW) is still killing me !!
    6 Aug 2013, 01:03 PM Reply Like
  • Went long UPRO @ 74.07

     

    Long YCS which I will sell when the Dollar/Yen is north of 100 or possibly breaks higher.
    6 Aug 2013, 12:17 PM Reply Like
  • As of August 6, 2013
    (Purchased 7/31/2013) 500 SHARES (SDS) @ 36.83 = $18,415
    (Purchased 7/31/2013) 1,000 SHARES (EWV) at 19.62 = 19,620
    (Purchased 8/2/2013) 500 shares (UCO) @ 36.79 = 18,395

     

    (Purchased 8/6/2013) 300 shares (KORS) @ 70.39 = $21,117

     

    Total cost basis $77,507
    Cash available for future investment: $22,453

     

    Still holding UCO due to middle east terror alert. But so far oil is moving more in line with the S&P.
    6 Aug 2013, 05:20 PM Reply Like
  • PS: I am down net $2,400.
    6 Aug 2013, 05:24 PM Reply Like
  • FPA,

     

    Trade entered. PM'ing you link to the Google spreadsheet.
    6 Aug 2013, 05:59 PM Reply Like
  • >FPA-

     

    "PS: I am down net $2,400."

     

    There is a long way to go before we count all the chips.

     

    WT
    6 Aug 2013, 09:23 PM Reply Like
  • Forgot to add another stock...

     

    As of August 6, 2013
    (Purchased 7/31/2013) 500 SHARES (SDS) @ 36.83 = $18,415
    (Purchased 7/31/2013) 1,000 SHARES (EWV) at 19.62 = 19,620
    (Purchased 8/2/2013) 500 shares (UCO) @ 36.79 = 18,395

     

    (Purchased 8/6/2013) 300 shares (KORS) @ 70.39 = $21,117
    (Purchased 8/6/2013) 5000 shares (FTEK) @ 3.84 = $19,200.00

     

    Total cost basis $96,707.00
    Cash available for future investment: $3,293.00
    6 Aug 2013, 05:59 PM Reply Like
  • Author’s reply » Folks, I am going to try and finish out this week and post a new chapter on Saturday morning after all this weeks trades are posted.

     

    So hang in there if it takes a while to load.

     

    (DUST) BAILED ME OUT TODAY !! Do I go for another day to see if it has legs? Humm...
    6 Aug 2013, 06:09 PM Reply Like
  • Futures say let 'er ride. :) Of course, that can change in the blink of an eye. Never know what the asians will do...

     

    Big oil is as close as I get to anything related to commodities. I lack the intestinal fortitude.
    6 Aug 2013, 06:33 PM Reply Like
  • IT,

     

    Deciding when to sell is often more difficult than deciding what or when to buy.
    Do you take the sure thing now or hold on for more and risk it going down?
    Tough choice, good luck.
    6 Aug 2013, 06:34 PM Reply Like
  • Author’s reply » @TAMPAT

     

    Did you just read that on a fortune cookie?

     

    But 16% in one day is tough to not lock up! I gotta think about this one.. It bailed me out so do I go for double or nothing? This is why I was hoping to have to make decisions and learn from an exercise like this ..
    6 Aug 2013, 07:20 PM Reply Like
  • Portfolio 8/6/13

     

    I'm going with the sure thing and closing out 2 trades.

     

    Sold GTAT 10,000 @ $5.47 = $54,700 (profit $2900)

     

    Sold MKTG 500 @ $15.66 - $7830 (profit $445)
    6 Aug 2013, 06:38 PM Reply Like
  • Author’s reply » @TAMPAT...wussy.... lol
    6 Aug 2013, 07:19 PM Reply Like
  • wussy? That's such a midwest term (being from the midwest).

     

    NIce profit tampat!
    6 Aug 2013, 09:37 PM Reply Like
  • Author’s reply » Ok, this wussy fell asleep on my back meds but a little Fairy told me to sell (DUST) 112.916 shares @ 104.71 for $11,283.43.Total Profit ,and i am quietly saying this IS $1,646.32 for a 16.34% GAIN IN ONE DAY!!

     

    Not sure what horse I am betting yet though..
    7 Aug 2013, 12:20 AM Reply Like
  • Author’s reply » OK, let's take that $11,823.43 cash and buy (PSEC) 1088.713 shares @ 10.86
    7 Aug 2013, 12:53 AM Reply Like
  • IT,

     

    I'll make changes to spreadsheet this morning - Nice trade on ( Dust) !
    7 Aug 2013, 08:55 AM Reply Like
  • Good trade IT...
    7 Aug 2013, 09:40 AM Reply Like
  • haha! good thing you sold, gold is up today ; D
    7 Aug 2013, 02:31 PM Reply Like
  • Portfolio 8/6/13

     

    Buy: PRICE QTY TOT $

     

    PXLW 8/6/13 $3.57 3000 $10,710
    FNSR 8/6/13 $19.13 500 $9,565
    SNTS 8/6/13 $24.87 400 $9,948
    LYV 8/6/13 $16.32 600 $9,792
    6 Aug 2013, 07:21 PM Reply Like
  • WTF tampat?

     

    Every one of your picks are up $2 or more except the small one which is up the highest percentage.

     

    Who are you?
    7 Aug 2013, 02:53 PM Reply Like
  • Author’s reply » He is my advisor from now on. TAMPAT just said he needs a month off to write a book on "HOW TO FOOL THE IDIOTS PLAYING PORTFOLIO CHALLENGES !!"
    7 Aug 2013, 04:27 PM Reply Like
  • Curls,

     

    David Crosetti just wrote another article. In 2006, he invested $100,000. He went thru the wild ride of 2008/2009 and kept his stocks, now more than doubled since then. Remarkable portfolio. The best part about DGI stocks is that you keep getting dividends which re-invest & make more for you while the stock is down. If you choose, you can take the dividends in cash & invest them in new stocks. Either way, it works great.

     

    http://seekingalpha.co...
    6 Aug 2013, 09:21 PM Reply Like
  • Author’s reply » @BSF

     

    I just left a comment or two on the above mentioned article by Dave. If you don't mind maybe consider leaving one as well and include a link like I have to maybe have EITHER DAVE or his followers take a look at our blog and challenge?

     

    We can use a few more posters for sure !

     

    If others can do the same with the Authors they follow it might shed a new light on our investment strategy and get more exposure as well..

     

    Thanks..
    7 Aug 2013, 11:24 AM Reply Like
  • Yuck. Today will leave a mark. :( God bless the Fed, particularly Mr. Evans this time around.
    7 Aug 2013, 10:06 AM Reply Like
  • Author’s reply » Woops, looks like the standings are moving around somewhat.. WE HAVE A NEW LEADER !!!

     

    Old one dropping like a dead fly...

     

    Let's see if any trades are done later tonight!
    7 Aug 2013, 10:57 AM Reply Like
  • Author’s reply » TAMPAT.

     

    You are my Financial Advisor for now on!! Had you not included that ONE penny stock you would be destroying us !!

     

    can I kiss your ring?
    7 Aug 2013, 01:46 PM Reply Like
  • Thanks IT.

     

    Yeah, those 2 penny stocks I picked on that first day were a mistake, I wont do that again.

     

    I forgot about not being able to close them out until after the market close. With those types of stocks you need to be able to close them out as soon as they move during the day. They had a big move intraday just like I expected but then fell back and closed lower.

     

    BTW, how does one look at the spreadsheet tracking, or is it a secret?
    7 Aug 2013, 01:53 PM Reply Like
  • Tampat

     

    I'l send u a PM with the link, u will need a google account to view..
    7 Aug 2013, 01:58 PM Reply Like
  • Author’s reply » Ok, i can use a little advice. I picked (CVRR) and it is hurting me badly. Any suggestions? Do i drop it and take the loss?

     

    From what i read they had some issues but i am new to this picking so can use a little help here.

     

    Thanks!
    7 Aug 2013, 02:03 PM Reply Like
  • IT, just did a quick check on CNBC.com. You can look at the expected earnings, which are going down. I would dump it, and invest in something that will go up because it's a great company. (LO) has been shot down because of the gov't taking a hard look at menthol cigs, but I expect it to come back soon. After all, the gov't loves the taxes from cig companies.

     

    Oil companies are not expected to do well in the short term. This is because people are using less gas (more fuel efficient cars). Also the refinery business is tough. They make more from diesel, but have to export most of that. Just read in article on Yahoo or CNBC.

     

    Back to school could mean companies like (TGT) (WMT) (M) etc. could see a bump up.

     

    (LMT) keeps going up. (V) had a down day today but is a money maker. I would steer clear of most tech stocks. (SAP) is one that should do okay. Look what happened to (IBM), but it's been coming back today.

     

    Try buying solid companies that have earnings & higher revenue expectations, like DGI companies. You might be surprised, slow & steady wins the race.
    7 Aug 2013, 02:27 PM Reply Like
  • IT,

     

    Well, first of all, I just checked the spreadsheet and it says you bought CVVR at $29.04 but thats not possible as it hasnt traded that high since July 1.

     

    On 8/1 it closed at $28.78, not 29.04, so that will help you out some.

     

    You should check the sheet to make sure all your buy prices are shown correctly.

     

    As for CVRR, Morningstar shows outstanding revenue and income gains and it has that 10.7% dividend.

     

    http://bit.ly/1ccBxA8

     

    Also, 8/5 was the ex-dividend date and stocks always fall then to account for the divi.

     

    Depends on your strategy, since you have a year it could do very well.

     

    Or not.

     

    But it will probably be somewhat volatile.

     

    You just need to decide if you want to do long term, medium term or short term.

     

    There is more than one effective way to play the markets.
    7 Aug 2013, 02:39 PM Reply Like
  • IT,

     

    Im in same boat with (UAN) , my biggest loser, representing all of my portfolios losses.

     

    In the case of (UAN) i have an idea what is going on ( caught up in negative fertilizer story) , but also saw that mgmnt reiterated the second half distribution . So im ok with hanging in & maybe add a tad more, -- div. now is about 9-10% .

     

    The div yield on (CVRR) is enormous, and may be an indication there are changes to that in the future.. It may be wise to go back here on SA or other places to review what mgmnt has stated in their latest conf calls , etc. Try to get to the bottom of what is going on behind the scenes..
    7 Aug 2013, 02:48 PM Reply Like
  • Tampat ,,
    i just checked , i believe IT posted it correctly , he used the close on July 31 - it was 29.04
    7 Aug 2013, 03:19 PM Reply Like
  • Yes, I see that now when I check Morningstar.

     

    I had looked at stockpcharts (http://bit.ly/duZ1er) and they show the price a dollar cheaper. Not sure why that is.
    7 Aug 2013, 03:26 PM Reply Like
  • IT,

     

    One more thing, if you chooses to play the long term method, dont even bother watching the prices very closely, it will drive you crazy.
    If you are going to buy and hold then buy and hold.

     

    If you are going to do more short term then forget about the dividend stocks as they (the dividends) wont matter, you wont have them long enough to benefit from the divi's.

     

    I prefer the trading short term for this contest thing as the buy and hold is just too boring for me. If we all buy and hold then there wont be much to do here until next July.

     

    In real life I do both, buy and hold in my IRA and short term trade in my brokerage acct.
    7 Aug 2013, 02:46 PM Reply Like
  • tampat, from a tax standpoint, wouldn't it make sense to buy and hold in the brokerage account and short term trade in your IRA?
    7 Aug 2013, 02:49 PM Reply Like
  • Doug,

     

    Yes, thats a valid point, maybe.

     

    But my IRA $ amount is quite a bit bigger than my brokerage acct $ amount.

     

    In other words, the brokerage acct isn't large enough to hold what I have in my IRA to reverse the process. Does that make sense?
    7 Aug 2013, 03:12 PM Reply Like
  • No tampat, lol...just cut back on the percentage accordingly and hold the long term portfolio outside of the IRA (LTCG one year or more taxed less) with some LT exposure in the IRA and the short term (taxes don't matter, but avoiding the higher income tax rate versus holding in your non-IRA account) most excellent trades in your IRA (which leads me to ask, why do you have a long term portfolio? haha).
    7 Aug 2013, 03:20 PM Reply Like
  • IT, I posted a couple of times on Dave Crosetti's latest. Again at the very end, so hopefully more people will see it.

     

    I have learned a lot from those guys - Dave, Chowder, Bob Wells & other DGI guys&gals. If you read the article, and then the comments, it gets even better.

     

    It's all about constructing a portfolio that over time, will grow in dividends & number of shares to get those dividends paid from. It's a beautiful thing! I just started last spring, and already my dividend stream & portfolio value is greater than what I had in my old portfolios (combo of mutual funds & individual bonds). Even with these 2 down days, I still have more, and over $100,000 in cash yet to be invested. Back in the old days, if we had this much down action in the markets, I would lose over $10,000 a day. And that was with about 35 % bonds & the rest mutual funds. I had about $27,000 in portfolio income. Now I have almost $30,000 and still it will go higher as I invest the remaining $100,000 cash. I'm looking for 4% or better, so that will be another $4,000 in annual portfolio income. For now, I'm re-investing the dividends.
    7 Aug 2013, 03:19 PM Reply Like
  • Everyone,

     

    Regarding dividends being posted to the spreadsheet.

     

    If all agree. it will be the responsibility of each individual to post dividends here on the blog.. Then we will add to "cash" in the appropriate account on the spreadsheet.

     

    probably best to add each entry individually with the date , easier to go back & verify info on spreadsheet than trying to go thru the posts here..

     

    Open to all suggestions.. ideas..
    7 Aug 2013, 03:28 PM Reply Like
  • Definitely going to need some help from everyone to track their own dividends. Keep ex-dates in mind, too.

     

    I'd propose using Sheet2 as a dividend tracking page, with stock name, payout per share, shares held at ex-div, date received, amount.

     

    I'm assuming we will just carry over this amount and apply it to cash?
    7 Aug 2013, 03:57 PM Reply Like
  • John ,

     

    I'm ok with that , that would be a detailed account ---Let's see if other's have thoughts..
    7 Aug 2013, 04:05 PM Reply Like
  • Author’s reply » Ok, are you guys saying that the dividends are not going to flow into what is already set up?

     

    Now i have also fielded a few PM'S about the cutoff date for Friday's trade time..

     

    After giving this some thought i am going to change it 5PM ON SUNDAY so that people can decide over the weekend what they want to do and use ALL WEEKEND to decide.I WAS JUST INFORMED THE FUTURES MARKET OPENS UP THEN AND I , AS A NEWBIE HAD NO CLUE.

     

    I fully understand info can come out over the weekend to either help or hurt EVERYONE. But were all in the same boat and it actually will give people time to research what they want to do. Some are taking this seriously, some aren't , which is fine.

     

    But i am pulling a Dictator here and rendering this decision. I hope you all aren't going to be mad at me but personally as a newbie i can use the weekend to learn and then make some changes accordingly.

     

    Sorry to those who consider this a disadvantage, it may be but it will be the luck of the draw. Being in NY we have a 425 million dollar drawing tonite so if i win i MIGHT not post tomorrow.

     

    just a heads up !!!
    7 Aug 2013, 04:43 PM Reply Like
  • Don't matter to me - everyone will have the same advantage with respect to weekend news. Some people (like Tampat) are hamstrung by not being able to day trade, so there are ad/disadvantages. It's not perfect, but it's mainly for fun/learning anyways.

     

    Dividends will flow into your cash balance, just not automatically. I'll see if I can make some additions to the sheet that will at least make it easier to track. Will be a tomorrow/Friday project, however (as it is my anniversary today, so will be making the wife dinner, etc.)

     

    Also have 3 tickets for the PB jackpot. I'll be sure to say goodbye if I win, right before I disappear into hiding and hire a personal attorney. ;)
    7 Aug 2013, 04:57 PM Reply Like
  • IT,

     

    unfortunately Google does not track div data.. so we cant capture it dynamically.

     

    so all will have to track their own , post here, then depending on whatever format we decide , it will then make its way to the 'cash" amount in the portfolio..

     

    no other way to capture it..
    7 Aug 2013, 04:59 PM Reply Like
  • Author’s reply » Ok, I have 4k in dividends already so just put it in my cash account for now..Is this good enough?
    7 Aug 2013, 05:02 PM Reply Like
  • mmm ,, not quite :)
    7 Aug 2013, 05:50 PM Reply Like
  • Author’s reply » Hey , ya gotta try !! lol
    7 Aug 2013, 06:11 PM Reply Like
  • Aug 7,

     

    Sell 100 (AMT) @ 69.09 proceeds $6909- $217 Loss
    Taking small loss & moving on --I like as a LT play - just broke support & if we get a weak market this one may be cheaper down the road .

     

    Buy 300 (TZA) @ 25.44 Cost $7632 - will try to use as a "hedge" - playing for the correction , It will be a 'trade" and have set up my mental stop & target
    7 Aug 2013, 04:38 PM Reply Like
  • F&G, pre-market is looking up for tomorrow, but who knows.
    7 Aug 2013, 06:49 PM Reply Like
  • Blue,
    rest assured , since i am trying to hedge , next stop S & P 1800 - LOL
    7 Aug 2013, 07:03 PM Reply Like
  • AUG 7
    Sell
    25441 CPST @ 1.35= $ 34,345.35
    12300 SYPR @ 3.19= $ 39,237 + 34345.35+ 124= 73,706.35cash

     

    Buy
    (AT) 3000 @ 4.09= 12,270
    (ARR) 2800 @ 4.39= 12.292
    (JE) 1800@ 6.86= 12,348
    (PGH) 2200@5.60=12,320
    (STB) 1900@6.44=12,236
    (CLM) 1700@7.20=12,240
    Porfolio balance:
    73,706.35-73,706=.35 cash
    (CPST) 8559 shares
    (SYPR) 3100 shares
    (AT) 3000 shares
    (ARR) 2800 shares
    (JE) 1800 shares
    (PGH) 2200 shares
    (STB) 1900 shares
    (CLM) 1700 shares
    7 Aug 2013, 05:25 PM Reply Like
  • Notrub,

     

    Entered your trades. Error in closing prices (I verified via Nasdaq and Yahoo) on AT & ARR. AT = $4.08, ARR = $4.38. Leaving you with a cash balance of $58.35.

     

    -JB
    7 Aug 2013, 06:07 PM Reply Like
  • Author’s reply » @JBN

     

    Penalty for errors is $100 bucks for first offense mailed to my PO box.

     

    But I will be lenient and reduce it to $50 this time !!

     

    NOTRUB just has to add up all those transactions charges @ $8.95 per.
    7 Aug 2013, 06:13 PM Reply Like
  • People pay $8.95/trade? Tsk-tsk. That's not financially prudent.
    7 Aug 2013, 06:15 PM Reply Like
  • Thanks JB.
    I think I must be getting the after hours prices??? I am usually getting the closing prices right after the 4PM close.
    8 Aug 2013, 09:39 PM Reply Like
  • Nasdaq and Yahoo only quote closing prices (unless you select to see after-market prices on Nasdaq). Both sites matched, so I went with that price.
    8 Aug 2013, 10:45 PM Reply Like
  • Author’s reply » Hey, guys gotta make a living. The pay for this blog isn't the best you know !!
    7 Aug 2013, 06:20 PM Reply Like
  • Author’s reply » ok , I have another issue with CURLS...

     

    Now how can we count her in the portfolio challenge without a single purchase?

     

    I say off with her head and we include her when she buys ONE SHARE of even a penny stock ! lol

     

    (Man, is she gonna give me hell for this)
    7 Aug 2013, 06:29 PM Reply Like
  • She's probably got the best strategy, look what's happened in the last 3 days lol. She will get in her picks & beat us all in the end.
    7 Aug 2013, 06:38 PM Reply Like
  • Portfolio 8/7/13

     

    Sell PXLW 3000@ $4.64 = $13,920 (profit $3210)

     

    Sell LYV 600 @ $18.32 = $10,992 (profit $1200)

     

    Sell SNTS 400 @ $27.26 = $10, 904 (profit $956)

     

    Sell FNSR 500 @ $22.08 = $11,040 (profit $1475)

     

    TODAYS TOTAL PROFIT $6841
    7 Aug 2013, 06:52 PM Reply Like
  • tampat,

     

    You can't go broke taking profit!

     

    Nice!
    7 Aug 2013, 07:04 PM Reply Like
  • Doug,

     

    Thats for sure.
    Unless you are holding for the longer term, when its there, take it.
    I have seen it vanish too many times.
    7 Aug 2013, 07:12 PM Reply Like
  • After 3 consecutive down days I expect an up day tomorrow, but I don't like the charts right now, things seem indecisive.

     

    No new trades for me tonight, need a break or I'll do something dumb.
    7 Aug 2013, 07:09 PM Reply Like
  • This portfolio challenge is flawed.

     

    I could easily make over $18 a share if I sell all of my portfolio now, announcing it here. Then since I've noticed that Tesla (TSLA) is up over $18 a share in after hours trading (earnings were good after for Tesla, reported after the market closed) and it's very likely that the stock will shoot up tomorrow, I could buy all the Tesla shares I have money for (a little over $100,000). Tesla closed at $134.23 and is trading at $152.53 after hours. If you all think this is fair, then I will go ahead and do it.

     

    Here's what could fix this. Post during the trading hours 9:30 am to 4:00 pm Eastern time zone what you propose to do, what stocks you are selling & what you propose to buy, whatever. Then use the 4:00 pm closing price of the stock/ETF/mutual fund to book your transactions on the google portfolio.

     

    What do you think?
    7 Aug 2013, 07:21 PM Reply Like
  • Blue,
    excellent point,

     

    similar to the weekend closing time now moved to sunday nite, one can read barrons , or watch market currents here on SA & definitely get an edge .. then make a quick trade..

     

    anyone could have done that with (LNKD) the other day -- up 20 pts in the after hours then held that gain the next day .

     

    understand its difficult to please all, but the purpose was to try & learn how folks go about their strategies..

     

    worthy of debate..
    7 Aug 2013, 07:41 PM Reply Like
  • BlueSky, I know what you are saying...but on another note, Tesla is setting up for a very nice short here at some point. Another short squeeze occurring right now, I'm sure.

     

    Reminds me of NFLX awhile back.
    7 Aug 2013, 07:44 PM Reply Like
  • You COULD do that, I suppose. But you get the BUY at today's close, and you'd be unable to sell until tomorrow's close. Might work, might not. Some of TSLA's cars could erupt in flames tonight, too.

     

    Another alternative would be for no trading until after-hours is closed.

     

    It's a flawed system, true, but outside of a real trading platform, this is what we got.
    7 Aug 2013, 07:44 PM Reply Like
  • Doug,

     

    agree totally , but i believe blue's point is that with a huge after hours gain its worth the risk , u stay in the trade for 1 day , then out , take a look at my (LNKD) example
    7 Aug 2013, 07:49 PM Reply Like
  • This may be a stretch, but COULD also rely on the honor system.... Were you REALLY intending to sell everything at close and go all in on TSLA?

     

    Personally I did not intend to use after-hours swings to "cheat" my way through the challenge. Cheating kind of defeats the whole purpose.

     

    And yes, I realize it is within the rules, but c'mon.
    7 Aug 2013, 08:05 PM Reply Like
  • John,

     

    I agree , as i mentioned earlier with the comment highlighting the real purpose of the exercise..

     

    Is there anything wrong with Blue's proposal of making your posts during market hours and taking the closing price ?

     

    Seems fair ..
    7 Aug 2013, 08:14 PM Reply Like
  • That's fine with me. There may be people who can't enter a trade during "working hours", however. That may not be the case, but I wouldn't want a rule that precludes anyone from initiating trades...
    7 Aug 2013, 08:23 PM Reply Like
  • Everyone who has posted on the rules has a valid point.

     

    The thing is, there is nothing in the rules that rule anyone out from doing whatever has been discussed, whether its reading about something in Barrons or here on SA and get an edge or anything else.

     

    It only favors those who do that, if someone wants to do that its up to them if they want to do it or not.

     

    Its really not a big deal to me either way though.
    7 Aug 2013, 08:24 PM Reply Like
  • (SOLD 8,7/2013) 500 SHARES (UCO) @$34.97 = $17,485
    Loss -$910

     

    (Purchased 8/7/2013) 5000 shares (FTEK) @ 3.91 = $19,550
    7 Aug 2013, 07:27 PM Reply Like
  • I didnt do anything anyone else could not have done, but I see there are some hard feelings about this so I will drop out.
    Good luck all, delete my info.
    7 Aug 2013, 08:27 PM Reply Like
  • Hmmm... I didn't see any hard feelings displayed...
    7 Aug 2013, 08:40 PM Reply Like
  • Author’s reply » @TAMPAT

     

    Slow down, no need to drop out. No one has hard feelings, i just posted to BSF that i cannot please everyone. We do have people that cannot trade during the day. Now if you look at the futures and are making money what is wrong with that.

     

    So i am really not comfortable with all the rules, and i am trying to accomodate all. But with the example of TELSA I REALLY don't have the right answer.

     

    Tampat got caught not being able to sell during the day on a couple of trades and is sitting on a huge loss right now. I don't hear him complaining much.

     

    This may never be a fair game for all. I am doing the best i can. I might be buying Telsa knowing it is up that much, i might not. I could care less if i win or lose. I want to learn.

     

    I really don't know what else to say.I am open to suggestions but this ain't easy..But i have one suggestion. IF ANYONE SEES A STOCK THAT IS WAY UP WE CAN ELIMINATE THAT PURCHASE IF IT IS AN AFTER HOURS TRADE.

     

    So Telsa is not allowed for today's trade knowing what it did after hours. I am assuming this is an exception to the rule but with so many eyes on this it is easy to rule out a potential trade.

     

    Thoughts????

     

    TAMPAT , i am not accepting your resignation !!
    7 Aug 2013, 08:42 PM Reply Like
  • Author’s reply » LOOK, i think the best solution is if something happens after hours of significance like TELSA you cannot trade it. I just made ANY TELSA trade a voided one.

     

    Now if TAMPAT had found a way to work around the rules and no one else did honestly good for him. Personally i would have thought many who do this daily would then have done the same thing.

     

    So we just cut out the loop hole. It is that simple and i am open to the criteria. This is a fluid situation so please post what we can do. If i knew how to do it and be within the rules i would have done what possibly TAMPAT did as well. I just don't even understand Futures to be honest.

     

    So just come up with a way to stop it from happening in the future. You folks doing this a long time discuss via PM'S what is acceptable. I don't blame TAMPAT one bit to be honest. He played within the rules and he even suggested ending at 5pm because the Futures opened then. It was a PM to me during the day.

     

    So let's just close the loophole but right now TELSA is off the table for tomorrow.!!
    7 Aug 2013, 09:08 PM Reply Like
  • Author’s reply » Now as far as my trade for tonight please sell (CVRR) 500 shares @ 26.56 for $13,280.00.

     

    I will post later if I want to trade anything tonight !
    7 Aug 2013, 09:26 PM Reply Like
  • IT,

     

    posted , new cash bal 13,280
    7 Aug 2013, 09:52 PM Reply Like
  • Author’s reply » What I will implement starting Monday is you post your buys or sells up to 4pm and you get that day's price.

     

    anything after that you get the next days price. Up until then we will eliminate any unusual post 4pm announcements..

     

    Let me know if anyone cannot trade during the day please!!

     

    Thanks!
    7 Aug 2013, 09:29 PM Reply Like
  • Works for me - I don't need until close to know what I'm going to do. Hopefully my trading through this adventure will be educational to others, much as some of your trading has taught me a thing or two so far.

     

    I plan to stick it out, and hope everyone else does, too.
    7 Aug 2013, 10:13 PM Reply Like
  • Hi,

     

    1) Tampat - please don't leave!!! I've been so looking forward to learning from your insights on how you pick and read charts....!

     

    I didn't see any hard feelings or complaints? No one complained about your trades.

     

    2) I can't always trade during the day to the profile. If I could, my own real money would be doing better. I can on honor system, not use after hours moves to make my judgements.

     

    3) I wish we could also post during the day and get the price at that moment. But I'm still fine with at the close for this game.

     

    4) We can also remove Tampat's penny stock trades, since it wasn't fair that he didn't realize about not getting out at the moment.

     

    5) I came on to make a buy. Just for a day.
    (SPY) 150 shares at close today $169.18 = 25377
    (IWM) 145 shares $103.72 = $15039.4
    (CHUY) 260 shares $38.05 = $9893

     

    IT do not faint!
    7 Aug 2013, 09:52 PM Reply Like
  • Author’s reply » @CURLS

     

    Someone stole your SA account . A trade was made and I know it can't be you !! I will get SA on it immediately.

     

    Now I will post my trade. Going for the fences again. Buy (NUGT) which I believe closed at $5.08 and buy 2614.173 shares which should be $13,280.00.

     

    ADDITIONALLY I WILL NOT WAIT UNTIL MONDAY , THE NEW TRADING RULE WILL START ON FRIDAY ! I AM PUTTING IT IN THE TOP OF THE BLOG NOW..
    7 Aug 2013, 10:00 PM Reply Like
  • IT

     

    trade is in ,,price is 5.08 - spreadsheet says u have .01 as new cash bal.. (not joking)

     

    good luck
    7 Aug 2013, 10:12 PM Reply Like
  • What's the new rule?

     

    Surprise - it was ME buying! It's paper money, I can take a chance. (I may buy for real tomorrow morning too, but with tight stops and out by end of day.) I'm expecting sideways or down for a while.

     

    Bluesky - thanks for all the info. I'll respond when I get a chance. I'm not out for fear. Just thinking it's a high point and better to end after the correction. Also still need to research DGI vs. small cap, since for me, my small/mid cap did better for years over my big cap fund. I started reading down your list of authors, but haven't gotten there yet.
    7 Aug 2013, 10:08 PM Reply Like
  • Author’s reply » Basically starting Friday you have to post what you want to buy during trading hours. Apparently a company had a huge after hours report and the stock shot up $18 bucks.

     

    If using the 2am time frame a person could use todays closing price to buy it and then turn around and sell it tomorrow with a gain almost guaranteed.

     

    I am still learning the futures and even how to read them but others saw a loophole and we will now close it ! It was allowed so no one broke any rules, they took advantage of them. Which if I knew how I would also !!

     

    Now if you cannot trade during the day we have to work that out somehow. Not sure how but well figure it out.
    7 Aug 2013, 10:14 PM Reply Like
  • Sounds fair IT. I saw what Tesla did after hours, and I was thinking it's an unfair advantage to trade it tonight with the 4pm close knowing that tomorrow, it will be up at least $20. In real life, you don't get to trade with the 4pm close price up until midnight or 2 am, so just trying to make the portfolio challenge more like real life.

     

    If someone can figure out a way to trade during the day, I'm open to allowing that. Again, that's what I do in real life. On Yahoo & CNBC.com they have a graph of the stock's trading for the day as it progresses, so if you posted on the blog say at 1:00 pm that you are buying (JPM) for $56 I think that could work. Because we can check it - the graphs are there. At least until the next day.

     

    Whatever you decide are the rules, I'm okay with it. Tampat didn't do anything wrong, and may be having a hard time day trading with only the 4 pm price. He did lose a lot of money on a couple of trades because the price went down at 4pm.

     

    This is a great exercise, we all have our ways of trading. Actually, I'm not going to make any new trades at all, unless one of my stocks really starts to tank. If you pick a good stock, it will reward you in time by going up because earnings & future earnings are going up.

     

    Have a nice evening everyone.
    7 Aug 2013, 10:33 PM Reply Like
  • Author’s reply » I am going to start a new chapter tonight !! So hang in there as I do my work creating it !!
    7 Aug 2013, 10:36 PM Reply Like
  • Better you than me. ;)
    7 Aug 2013, 10:45 PM Reply Like
  • Author’s reply » http://seekingalpha.co...

     

    OK WE CAN MOVE ON...WISH EVERYONE WOULD USE THE LIKE BUTTON MORE. BUT I THINK I HAVE SAID THIS ENOUGH.

     

    So much great information going unliked !! Oh well...
    7 Aug 2013, 10:51 PM Reply Like
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