Saturday, May 3, 2008

Portfolio #2 Review

Portfolio #2 is doing pretty well. Some of the winners include Apple, Inc. (AAPL), CSX, Corp. (CSX), and (SPY), an index fund. Of course, any portfolio would be incomplete if there weren't some dogs in it, like Gold (GLD) and Microsoft, Corp. (MSFT). These stocks would be great for long-term investing, but Gold was great a month ago, but no longer, and Microsoft is tied up in the Yahoo! take-over and the stock is just flat. Exxon-Mobile (XOM) has been O.K., but is failing to impress me.

Overall, I am up 8.25% and that's better than cash in a bank. Furthermore, I expect to continue in this direction for the rest of the game and I feel confident that I have made good investment decisions.

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