Tim Galginaitis'  Instablog

Tim Galginaitis
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I am a young, motivated professional, with an affinity for finance and investing. My goals are to educate anyone interested about the benefits and risks of a responsible, sound investment strategy. I am seeking to leverage my various and extensive work experience with knowledge gained from... More
  • New Year, New Mission 0 comments
    Jan 15, 2011 1:59 AM | about stocks: AAPL, C, F, IP, JPM, GE, HOG, INTC, VZ

    Hi everybody; happy 2011!

    While talking to friends and co-workers, I've found that many people want to learn about stocks and taking charge of their financial future, yet don't quite know where to begin.  By no means am I an expert on the topic; in fact I'm fairly new myself.  However, I figured that if I'm learning as I trade, I might as well share my experience with people that take the time to read these musings.

    So let's get down to business.  I will write on two accounts: account #1 is a regular, taxable investment account, while account #2 is a retirement account.  I will update you on key news pertaining to my stocks, and let you know what moves I made, why I made them, and what I'm thinking from here.  This way, you can keep my honest on my research, and hopefully contribute at the same time.  The only thing I won't share is the actual dollar amounts that I own (for obvious reasons).

    Enough talk - let's go.

    Table 1: Account #1 Positions
    Symbol Company Price Percentage of Account Holdings
    * CASH Cash Holdings N/A 16.8%
    AAPL Apple $348.48 13.4%
    C Citigroup Inc. $5.13 22.7%
    -F120121C17.5 Ford Motor Co.
    $17.5 Strike Call, Jan 2010 Expiration
    $3.20 7.4%
    IP International Paper $28.67 22.3%
    JPM JP Morgan Chase $44.91 17.3%

    • I'm currently holding 16% cash to be prepared for a market pullback.  If stocks continue their upward climb over the short-term, I may consider increasing this position to maintain roughly 20%.
    • Apple (NASDAQ:AAPL) - who doesn't want to own this one?  While I don't intend on selling any time soon, I don't want to buy more at these levels.  I'd be more comfortable with a pullback to the 200-day moving average.
    • Citigroup (NYSE:C) - my long-shot bet.  This bank's worst days are behind it; there is nowhere to go but up from here, especially considering their internationally-focused business model. 
    • Ford (NYSE:F) call options (-F120121C17.5) - this is what I like to call a "learning experience."  My family has always been a Ford family; I did not lose faith in the company throughout the recession, even when they raised a crazy amount of debt to avoid being bailed out.  I'm fairly certain that the stock, which currently trades at $18.65, will reach the important $20 mark later this year.
    • International Paper (NYSE:IP) - solid dividend, play on the consumer's return.
    • JP Morgan (NYSE:JPM) - the best bank in the world.  I need to listen to the conference call.
    Table 2: Account #2 Positions
    Symbol Company Price Percentage of Account Holdings
    * CASH Cash Holdings N/A 2.6%
    F Ford Motor Company $18.65 23.9%
    GE General Electric $18.81 17.2%
    HOG Harley-Davidson $36.99 13.5%
    INTC Intel Corporation $21.08 27.7%
    VZ Verizon $35.46 15.0%

    • Cash holdings are relatively low to take full advantage of dividend yields in the account.
    • Ford (F) - Great cars, great company, great leadership.  Can't wait until the quarter gets reported.
    • General Electric (NYSE:GE) - even though the dividend was slashed during the financial crisis, it is well on its way to being restored.  Plus, if Warren Buffet believes in the company enough to invest in it, who am I to call him wrong?
    • Harley Davidson (NYSE:HOG) - another dividend that was cut to $.01 / share during the financial crisis.  This was the first stock I ever purchased...and I did so at the absolute bottom in March 2009.  Needless to say, I'm "playing with the house's money" at this point (and quite happy to let it run).  As the baby-boomers retire, they will still want to enjoy themselves with their hard-earned savings by buying a bike, leading to increased sales for HOG (especially in their higher-end, higher-margin touring bikes).
    • Intel (NASDAQ:INTC) - the stock that just won't behave.  While many believe that the PC refresh cycle may be over, I tend to disagree.  Many corporations have yet to upgrade their computers and servers, the latter of which will become MUCH more important with the rise of cloud computing in corporate culture.  I need to listen to the conference call from this week.
    • Verizon (NYSE:VZ) - great dividend, great network, great products (even before the iPhone; I have a Droid myself!). 
    I had a GREAT week this week trading.  Check back next week and see how I did.

    FULL DISCLOSURE: I currently hold long positions in every stock mentioned in this article.

    Words of Wisdom:

    "A leader is a dealer in hope." -- Napoleon Bonaparte

    Please don't forget our men and women fighting for us around the world.  Thank your local Servicemember for the freedoms we all enjoy.
    Stocks: AAPL, C, F, IP, JPM, GE, HOG, INTC, VZ
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