Mulzar.com

I like the credit card business, they will only grow because of the society we live in, the market however doesn’t see Visa, Mastercard and the unappreciated American Express the same. I feel like AXP is one of the cheaper dow companies. Strong managment, strong stock holders ( berkshire ), strong earnings, strong brand, strong product, strong reputation. What is the problem? I myself have a Visa card, I’m paying about $5 a month for it. That might be the problem, AXP isn’t reaching out to as many regular joes as Mastercard and Visa.

 Status:

Net Worth: $16000

Holdings:

703 shares of RBY

1094 shares of UXG

What’s the deal with real estate. I don’t know and I care, CT has only become more attractive for me. I found Capital Trust when it was around $25 and got out around $28 because of the housing fears that still exists. When the market falls it always falls more than you think. Disaster is already baked in to the stock price, at $16-18 I still think it can fall more but the upside is alot greater than the downside. If the dividend doesn’t get cut, the waiting gets alot easier!

I hope this is a gem created by the subprime mess and not one of those mainstream reckless housers…

10,400 DOW Points for 2008 that’s my guess. I really  don’t like guessing where the bottom/top is, I would invest in the global market ( emerging markets ) at current levels if I had cash. Especially in the forgotten eastern europe countries such as Balkan & Turkey!

Because of my million dollar goal wherever I go I’m broke. I almost never have any pocket money. I feel poorer than I was when I had zero net worth. But yesterday I spended $10 bucks on eating out. I’ve been reading so many articles about not spending small amounts because they add up to alot if you invest with ‘em. Because of that I’m having a hard time spending money!

I decided to spend my $50 bucks on two books instead. That doesn’t mean I will close my cheap brokerage however. I’m going to wait a while before I put in a small amount, there’s no rush in this bear market. UXG has started a trend upwards.  It closed at $2.33 yesterday.

This youtube video of Peter Schiff made my day:

http://youtube.com/watch?v=q9tzUwfqvJY&feature=related

// If Peter Schiff is right my portfolio is going to see a fat upswing. Peter Schiff is on the same page as pretty much all the other bears,

BUY GOLD/OIL/COMMODOTIES STAY AWAY FROM $ DOLLAR!

I will never be able to own $ after the all the horror stories I’ve heard about the fed printing money.

Status:

Net Worth: $16000

Holdings:

703 shares of RBY

1094 shares of UXG

Talk about a good time to start promoting oil and gold when they have already rallied the last five years. It’s almost like the media decides to pump things up just before the big fall come. I myself have some money already invested in gold and I’m scared of the media’s bullish views on gold. That’s usually a sign to get your money out as fast as possible.

I have encountered this type problem before. I was not so long ago bullish about a stock but then when Jim Cramer got bullish, I immediately got bearish. No stock that comes from the mainstream is going to make you wealthy!

Remember that George Soros stated that we were in a growth phase of a bubble, I wonder where we are now…

The $50 bucks I made earlier has forced me to open a new account. You might ask why, the reason is simple to keep the fees down. Since it’s such a small amount and I intend to put a little more money in it I need a broker with very low transaction costs. And I found one, this one offers me around $1 a stock trade and funds are commission free except the fund’s own fees.

If I wanted to open an account in the U.S my pick would be zecco or Bank of America. Well zecco if it’s a small amount. I think you needed atleast $25,000 in BAC in order to get 30 free trades a month. Well this time I’m not opening account in the U.S since I don’t want to invest in us companies. I primarily have eastern europe funds in mind.

That’s all for now, I’ll wait and see what next week has to offer.

I managed to make $50 bucks from an outside source. I don’t know what to do with it. I rather spend it then invest it, since it’s such a small amount. If I’m going to invest it, I’ll chose something very risky, like a Balkan fund. That’s the advantage of investing with small amounts, you suddenly fear nothing.

Status:

Net Worth: $16000 ( Bad month )

Holdings:

703 shares of RBY

1094 shares of UXG

I don’t know what my next move will be. I’m in the red so I can’t sell anything. I would like to take a minor position in LYG and/or a foreign ETF if I had cash. I haven’t reached the $100 minimum amount in adsense to make a withdrawal. I intend to use all my adsense money on stocks/funds.

Status:

Net Worth: $16000 ( Bad month )

Holdings:

703 shares of RBY

1094 shares of UXG

If I were forced to place my money in something and not touch it for the rest of my life I would easily put it in emerging markets. Even if big shots like Lloyd or Bank of America are trading very cheap you can’t deny the fact that the future superpowers will be India, China, Russia & Brazil. I’ve already placed a tiny amount in a turkish fund. I’m planning to place a tiny amount in Africa as well. In my opinion there is no money left to be made in western markets!

The GDP growth can’t be compared, the U.S stock market is still expensive if you compare the P/E ratio to emerging markets. China and India with its massive populations will have an insane growth for the next twenty years, so those cheap us financials doesn’t look that cheap in comparsion. I’m not saying they are a bad investment, why settle with less?