02 Feb
One of the major components of Phil Town’s book Payback Time is telling you to ditch your Mutual Funds. He provides a few great points about how these funds make money regardless of if you make money and that they HAVE to make money even in a decreasing stock market. All valid points in my [...]
Posted in Learning by: admin
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13 Dec
I was just over at Phil Town’s website reading some old posts… ie: catching up to where I should be. Anyway, he has a really interesting post on October 9th, 2009 named where is the market heading. Basically he’s saying that where at a point right now where the people who were scared of the [...]
Posted in Learning by: admin
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26 Nov
A big part of the Rule 1 method is learning when to buy and sell the company. I haven’t traded much in the past 1.5 years and haven’t been watching the signals. Well, I stared again around late august and have been monitoring my AAPL and CWTR stocks off and on. I looked into the [...]
Posted in Learning, Ramblings by: admin
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29 Feb
Yesterday, I discussed if Apple’s stock was going to increase. Well, after looking at the charts I decided to purchase some stocks. I woke up and saw that the price was around the same as yesterday, good. So I put in a limit order at $129.10 and left for work. Got to work and checked [...]
Posted in Buy, Learning by: admin
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26 Feb
Today KSwiss (KSWS) released the fourth quarter report. KSwiss reported fourth-quarter net income of $0.6 million, or $0.02 per share, compared with $10.7 million, or $0.30 per share, a year earlier. So, definitely a drastic decrease from last year. However, being the optimist that I am I really like the comments of the CEO today, [...]
Posted in Buy, Learning by: admin
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25 Feb
Lowes (LOW) released it’s fourth quarter report today with some interesting news. Normally when a company releases a statement saying “lower then last years quarter earnings” the stock decreases. However, because the market has drastically undervalued these stocks they expected even worse news. Therefore, the “lower earnings” were better then expected, according to the market. [...]
Posted in Learning, Ramblings by: admin
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24 Feb
Sorry it’s been so long that I’ve posted. I have some other web endeavors that are currently taking up more time then usual. Luckily, they’re starting to wind down and I can finally get back to this blog. Fortunately, rule one allows us to get busy with other endeavors once we have money invested as [...]
Posted in Learning, Rule #1, Stocks, Watch List by: admin
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