Posts Tagged ‘my million dollar goal’
Tuesday, October 28th, 2008
I would like to start by saying still no luck finding a part time job. I recently applied for a customer service job in a bank, wish me luck! If I don’t get it, it may be for the better so I can concentrate on my studies( I will say anything to cheer myself up
). I have to say statistics ended up being alot more funnier than I thought it would be. I don’t know why it gets no attention.
The financial crisis has hurt my portfolio badly but I’m still somewhere around $13000 in net worth. You might ask, only down from $16000 to $13000 in all this turbulence the past months? Not really. I lost a bit more but because I’ve saved cash and transferred it to my stock account, the fall doesn’t feel that bad, to be honest I have a good feeling about this market crash. I’ve taken some really cheap long term positions. I don’t mean individual stocks though( well I have some cash left there ), I’ve put almost all my money on emerging markets ETFs.
Status:
Net Worth: $13000
Holdings:
703 shares of RBY
1094 shares of UXG
App. $10000 in funds. I have about $4000 cash and $2000 loan. The loan is a very “good” one, it happens to be subsidized and below 3% interest!
Tags: becoming a millionare with stocks, increase wealth with stocks, increasing net worth, long term positions, my million dollar goal, my path to one million dollar
Posted in My Million Dollar Goal | 5 Comments »
Saturday, August 30th, 2008
I’ve been granted a student state loan. The good thing about it: It’s a subsidized loan, with very reasonable interest and timeframe. But it’s still a loan. Anyway, my plans for the student loan isn’t to use it on living, because I have already taken care of that. I’m going to use it for investing in emerging markets. I’ll going to the specifics about my loan & investing plan later.
Status:
Net Worth: $16000
Holdings:
703 shares of RBY // Finally gaining momentum?
1094 shares of UXG // Down, but it’s a small cap, a quick rebound is not out of reach.
App. $650 in funds. ( added money from outside sources ). Everything is in Africa/India funds. I’m only going to invest in underdeveloped nations.
Tags: emering markets, granted student loan, investing loan, investing loaned money, million dollar experiment, my million dollar goal, student loan, subsidized loan
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Saturday, August 23rd, 2008
Not much to say since last million dollar goal update. Invested $120 in a India fund, $200 in a Africa fund. I’m going add more to emerging markets very soon, can’t resist these levels. Both Africa and India ( and pretty much all markets ) have seen a heavy drop, making it hard not to put money in.
Status:
Net Worth: $16000
Holdings:
703 shares of RBY
1094 shares of UXG
App. $320 in funds.
Tags: africa etf fund, africa fund, cheap emerging markets, emerging markets heavy drop, india fund, india fund etf, investing in africa, million dollar goal, my million dollar goal
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Monday, August 4th, 2008
I noted that Turkey has recovered strongly after its sharp decline past months. That’s good news for me because I’ve invested in East Capital Turkey ( swedish funds ). I see that my US holdings has performed very badly but it doesn’t really change anything, swings in stock price without news is not uncommon, not even big swings.
I don’t feel like gambling on ABK, there is a difference between financials and financials some simply won’t come back. I would bet on LYG and BAC to recover strongly when this crash is over!
Status:
Net Worth: $16000
Holdings:
703 shares of RBY
1094 shares of UXG
Tags: ambac financial, finance blog, million dollar goal, my million dollar goal, stock blog, stock fluctuations
Posted in My Million Dollar Goal | 4 Comments »
Saturday, July 12th, 2008
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
Tags: american express, axp, axp good managment, credit card business, credit card industry, investing a million, making one million dollar, master card, mastercard, million dollar, my million dollar goal, strong earnings american express, visa
Posted in My Million Dollar Goal | 4 Comments »
Wednesday, July 2nd, 2008
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
Tags: fed horror, fed printing money, investing a million, making one million dollar, million dollar, my million dollar goal, net worth, peter schiff, peter schiff bear, peter schiff fed, peter schiff gold, us gold corp, uxg
Posted in My Million Dollar Goal | 1 Comment »
Saturday, June 28th, 2008
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
Tags: $50 bucks, investing $50, investing small amounts, million dollar goal, my million dollar goal, nyse better than omx, nyse omx, omx
Posted in My Million Dollar Goal | No Comments »
Thursday, June 26th, 2008
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
Tags: $100 minimum adsense, adsense minimum withdrawal, foreign etf, foreign etfs, foreign stocks lyg, million dollar goal, my million dollar goal, nyse better than omx, nyse omx, omx
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Thursday, June 19th, 2008
I haven’t really mentioned anything else besides my stock account. I’ve decided to include my adsense earnings also, because money is money. But I don’t know Google’s policy so I won’t post it just yet!
I don’t really know how to calculate my net worth if I add my “ad business”. Do I only include profit from ads or do I also calculate the worth of my site and add that too to my net worth?
Current Status:
Net Worth: $16800
Stock Holdings:
703 shares of RBY
1094 shares of UXG
Tags: abp, aepi, ct, english bank, gass, gass vafias, gold oil ratio, lloyd, lloyd bank, lloyd tsb, lyg, million dollar goal, my million dollar goal, nyse better than omx, nyse euronext, nyse omx, omx, oyo geospace, oyog, pal, palladium, stealthgas vafias, trbn, Trubion Pharmaceuticals, uxg, vafias, vgr
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Monday, June 16th, 2008
So far it has been a bad month for my stock portfolio, both RBY and UXG is down and Istanbul Stock Exchange is on a downtrend ( I bought recently though). I have to say I’m growing more and more interested in Capital Trust. I think it has suffered a severe beating simply because it’s a financial stock and nothing else. I can’t really find anything wrong with the stock and it looks like a bargain for $25 a share. I haven’t decided yet, but I’m thinking about buying 100 shares.
Current Status
Net Worth: $17000 ( West Siberian Ltd has spiked because of the oil price ).
Holdings:
703 shares of RBY
1094 shares of UXG
-> AEPI, GASS and CT are on my watchlist!
Tags: abp, aepi, ct, english bank, gass, gass vafias, gold oil ratio, lloyd, lloyd bank, lloyd tsb, lyg, million dollar goal, my million dollar goal, nyse better than omx, nyse euronext, nyse omx, omx, oyo geospace, oyog, pal, palladium, stealthgas vafias, trbn, Trubion Pharmaceuticals, uxg, vafias, vgr
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