If I just had more money to invest!

Canon EF 17-40mm f/4.0L USM

04/05/2009 10:29:30 PM · #1

I am having some luck in the stock market these days. I just wish I had more than a few bucks from last years tax refund to invest!

I was ranked the 5th best trader for the 15 day, 1 month time period. My 6th month return is 70%, which has me feeling pretty good.

6 month average

langdon

Canon EOS-20D

04/05/2009 10:40:55 PM · #2

Nice. It always somehow plays out differently when it's real money though, at least for me. =[

What's your portfolio look like? You go long banks recently?

Canon EF-S 17-85mm f/4-5.6 IS USM

04/05/2009 10:43:05 PM · #3

It is real money. It is just a small investment, but it is everything I have.

I started out playing some game stocks. GA and ATVI last year. I made a good return of 30% on AMD, but recently I purchased LVS (Las Vegas Sands) for $2 a share. That one has been making me a killing.

see

Canon PowerShot S95

04/05/2009 10:50:40 PM · #4

where do you get your advice?

LuckyShot

Canon EOS-400D Rebel XTi

04/05/2009 10:55:11 PM · #5

Here is a fun fact for you, the Dow Jones has posted the best 4 week returns since 1933. I wouldn't be pinning my hopes on the success of a long position. Perhaps it is more of a bear squeeze.

But, that is an excellent return. Perhaps the prudent thing to do would be to take a few chips off the board.

good luck!

robs

Canon EOS R6 Mk II

Canon EF 24-105mm f/4.0L IS

04/05/2009 11:26:31 PM · #6

Originally posted by Jason_Cross:

It is real money. It is just a small investment, but it is everything I have.

Then I think you might want to think hard about that.... Try diehards.org for the opposing position to what your doing. Good luck... It might work for ya... Could be different this time :-)

04/06/2009 08:09:00 AM · #7

I am going to sit on LVS for a while. I personally don't see why the stock won't hit 20 in a year or so. They will have exclusive rights on some huge multi-billion dollar casino operations in China. They were having credit issues getting it built, much like MGM, but as things settle down they are finishing up the project.

I am going long on this one!

04/06/2009 10:56:24 AM · #8

Up 15% today!

04/17/2009 07:46:18 PM · #9

My lucky streak has continued. I bought some MGM at $5 a share and it soon after shot to $6.85. Not a bad couple of hours.

sempermarine

Apple iPhone 5s

04/17/2009 07:48:23 PM · #10

Jason, Thanks for responding to my PM.